New Intermed Uptrend!!
- Thread starter Saint
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Hi Rahul,
Paragraph 1 of the above :Nothing to add.Right on.
Paragraph 2 :Only a double top when the trough cracks.So no talk of any double top.
Paragraph 3 :Buying around the support line that was previously resistance is ideal ,around the 240 mark if you had not bought the breakout from the symm triangle and the asc triangle earlier.
I need this to pull back for an entry here.I'd rather lose this move than enter here.I basically would look to the 270 area as mentioned by you as an entry area with a stop at 245,not an entry here with a stop at 270.
Always a pleasure to answer your doubts.Great going,my friend!
Saint
Paragraph 1 of the above :Nothing to add.Right on.
Paragraph 2 :Only a double top when the trough cracks.So no talk of any double top.
Paragraph 3 :Buying around the support line that was previously resistance is ideal ,around the 240 mark if you had not bought the breakout from the symm triangle and the asc triangle earlier.
I need this to pull back for an entry here.I'd rather lose this move than enter here.I basically would look to the 270 area as mentioned by you as an entry area with a stop at 245,not an entry here with a stop at 270.
Always a pleasure to answer your doubts.Great going,my friend!
Saint
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pkjha30 said:
Hi All
I suggest that while asking question about any particular stock, if reason is given, why this stock has grabbed the attention of the questioner or why he thinks appropriate to consider investing or trading in them ,it will put the question in proper perspective.
After all when you are asking about three or four stocks you have already shortlisted them out of 5000 stocks.
This thread will become "Practicals" ( as in lab) as against theory (as in class) and will be of educative value to everybody.
Saint would also find it intellectually stimulating to answer and also clear your ideas.It will also indicate how much progress is made by the member in understanding which will reflect in stock selection logic. This thread would not become another tip thread as saint apprehended.
Pankaj
I suggest that while asking question about any particular stock, if reason is given, why this stock has grabbed the attention of the questioner or why he thinks appropriate to consider investing or trading in them ,it will put the question in proper perspective.
After all when you are asking about three or four stocks you have already shortlisted them out of 5000 stocks.
This thread will become "Practicals" ( as in lab) as against theory (as in class) and will be of educative value to everybody.
Saint would also find it intellectually stimulating to answer and also clear your ideas.It will also indicate how much progress is made by the member in understanding which will reflect in stock selection logic. This thread would not become another tip thread as saint apprehended.
Pankaj
Very true,my friend.Would be great if people who do ask the questions would state what it is that caught their eye.And as you correctly said,would end up as practicals and an educative value for all of us.
Saint
Noticed a post in a thread in the commodities section exhibiting deep concern for the practitioners of TA.Cannot exactly speak for Top predictors,but from a standpoint of people who stay with the trend,looking at just the weekly charts and pivots,look at how long we get to stay in that trend.
Gold weekly below....
Saint
Gold weekly below....
Saint
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