Random thoughts on technical analysis

[orderflow13]

we can see that, 4500 calls o.i been added, but nifty futures o.i also added.It means nifty is still range bound between 4400 & 4600, with inflation figures coming after todays close, & that expected to be good, today market may pull back if they go in negative zone,today also market tried to close on above chanel, all suggest no directions, if u short on option time to book profit, as big move on the way

 

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Freddie Mac and Fennie Mae & bearish indicator

if some technical analyst blindly think, freddie & fennie fiasco already reflected in his chart, then sorry folks, it didnt,only exception is dollar getting in to new bull phase,
freddie & fennie financial bail out was most costly ever bail out in financial history,and after that bail out , s& p rallied only for 24 odd hours,chart reflecting any thing? no.. any strong directional signal,suggesting we i bear market? no, but if common scene prevails, all fundamental things giving new indicator,that indicator beeping red n telling u , we in bear market ,positive things been discounted & negative things receiving reactions,folks wake up that bear is coming to tickle u.

 

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data shows,its wise to cover al ur written options on week ends ( friday ),as vix dropped to weekly low, more volatilty to come

 

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Kangaroo patterns( or spikes )-
kangaroo is a animal who ,move forword by pushin his tell,same apply to crude oil chart, a kangaroo tail makes when stock moves up/down for short time, n it makes a spike,those spikes give u direction, susuaklly market moves against the tail

 

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sorry frnds,i got bz with very imp positional trades, ok ..on above chart, kangaroo pattern first made when crude was on 110 odd, but if u see the indicators, there wasnt a sell signal,but after second kangaroo pattern we can get serious to create a short, one kangaroo can fail to go against its tail, but another kangaroo fail to make a move,doesnt make any sense,does it?so after at least two kangaroo patterns along with other indicators u can validate this pattern, but i must add on false break out this pattern gives u lot of profit,.
why that American dollar ( usd) against euro chart posted there? ..well if u saw by a bigger view,i found rising dollar against euro is the main reason for falling crude ( same as dow jones affect nifty ), so i confirm with usd-euro chart, ( if usd rises crude falls,thats the relation between them,seems both r step brothers ) & usd was very strong.
my point is if u found one indicator very strong, u can confirm that indicator with other signals.

 

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does any one have any random thoughts on technical analysis plz post here, i am here to learn

 

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A post for absolute starters
High guys,i found here r lot of friends who just started to learn the market with technical analysis, this post dedicated to them,
when i was started to learn market,sites which helped me a lot are, ..stockcharts.com,investopedia.com, my post here r generally assuming that visitor new basic things, as m not interested to teach on things which are very gratefully explained on few free sites, so visit those sites, explore all patterns, and discuss here with me. u have always got a company
regards ALEX

 

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I have Some random thoughts but they randomly come & go away

mr. night watchman plz do post the chart & views of ril & infy ...... lot of investor community got disturbed today ..... looking foreword to postmortem those charts

 

[Czar]

Aww week end... very hectic week.... no mood... & I am N.watchman, you the pro , do the needful buddy, by the way crude 100, congrats...you still short, i cut position... but 1 thing which you overlooked, $ strong crude weak, sell crude, but $ strong Rupees ultra weak, so negligible move in mcx