Random thoughts on technical analysis

[orderflow13]

I am asking all my traderji members to suggest there view on crude oil chart, i am here to learn..i like to see each and every possible angle of all chartist on above chart.And whoever interested in our market cant ignore crude as we all know....MY QUOTE "CRUDE IS KING"..ACTOR - dow jones & ACTRESS NIFTY ..

 

[orderflow13]

additional note i remember ...today s&p500 close tentatively above 1280,and given fact that s&p looking at crude oil,i am feeling s&p again makes false break out ( s&p is notoriously famous for its false breakout )above 1300 and fall again,when crude is testing 140$ s$p testing its recent low

 

[samthomas]

Hi Alex!
Great posts, ...keep em coming
Regards
Sam

 

[orderflow13]

Hi Alex!
Great posts, ...keep em coming
Regards
Sam

thanks sam..actually since yesterday i am struggling with my stupid java problem,when it resolve i am going to post few charts on nifty and other so keep checking.

 

[orderflow13]

thanks traderji members and moderators to give reputation to this thread,i am aim to start this thread,is reaching out with fellow chartist and exchange new ideas and be updated on whats going on new...so now it will help a lot.

 

[Czar]

CRUDE OIL CHART 29/9/08

I must add one thing as i was posting this crude close 115.59$it made a doji,might face its support of 110$ and given fact that crude is manipulative market,it will falsely show break down of 110$and test 109$ and all suckers sold there longs and crude goes up to 140 odd leval.

Alex great work, completely mirror your crude view, I think 1 dip & the 130 (approx) not 140... show me the weekly chart with same indicators & I will explain... I am waiting for positional trade after next decline if it does'nt break 109...

Also which MA's have you used ?

 

[orderflow13]

Alex great work, completely mirror your crude view, I think 1 dip & the 130 (approx) not 140... show me the weekly chart with same indicators & I will explain... I am waiting for positional trade after next decline if it does'nt break 109...

Also which MA's have you used ?

Sorry buddy my java failed,there is no way to find ma value,but it seems 200,50,20 dma. problem with weekly charts cuz of java,u can post if u found the chart..meanwhile i m workin on nifty posting here n on ur thread of nifty also

 

[orderflow13]

NIFTY ON DAY CHART.

NOTE - by colors n everythin m not trying to give a dramatic touch, we friends try to mail charts with notes itself on them so we get to know and feel the chart in a ziffy, points i added in chart is only for back tracking,what i was thinking at that time by lookin at chart. pleas do contribute your views and correct me or suggest me on above chartin analysis. thanks..alex

 

[orderflow13]

except rsi which, brole the trend line,and one bar of histrogram ( which is neglagible,might nifty hold for a day in small zone).all out look is bearish.I will be long on 4455 ( that means my call write of atrike 4500 against nifty long,would cover and stay with nifty naked long).and if market tomorrow remains in range 4438/4300, on the brake of this range i will decide further.

 

[ruchir131986]

hello highly impressed from your fast posts..... u r doing very nice work... keep it up sirjee...
let me come to the point... is there any trend reversal in maruti rt now??? shall i in???? as it is on high for 5 day... rsi also strong... acc to your posts should i consider it as strong base?????
though adx is not... what about pair trading for this sector as per rt now?????
thanx a lot..........