Teach A Man To Fish And.........

[nick721156]

Dear Saint

Please find attached file of Chennai Petro weekly chart. I have tried to mark the PH and PL and it seems that it has reversed from its earlier downtrend and last week it broke the previous Pivot High.

Is my surmise right?

How do I draw the trendline


Thanks

slah

Yes. it has broken previous pivot high last week. so downtrend is in question. however, we are not sure of an uptrend till higher pivot low is formed.

saint, please correct me if i am wrong.

regards,

nick

 

[Saint]

Hi! Rao,

Thanks a lot for this. At last we get to see the face behind the name.

Oh my gosh, I cannot believe that this is our good old saint, sorry young saint. ... I had something totally different in my head.

Cheers and a million thanks,
Amit

lol

Saint

 

[Saint]

Wishing the Punjabi,Bengali,Assamese,Tamilian and Malayali brothers and sisters who celebrate their New Year,......yesterday,today and tomorrow.....a very Happy New Year.

May this year bring you great happiness,health and prosperity!!!

May this year be that year where you a resolve to have a Trading Plan and abide by your rules strictly.May this year be that year where you stop blaming external factors for your losses and wins,and take them all on your own shoulders.May this year be that year where you realise that what you can achieve in markets or in Life depends on the limitations and shackles as put forward by your own mind..............May this be that year where you take your accounts to new levels,and then on doing so,give some away to the people around you who need it more than you.


All the best!
Saint

 

[arpanjain02]

Hi Saint,

your msg was quite inspirational. I am ready for the initiative which you have started. But m actually a novice so just wanted to know how can i help.


Cheers,
Arpan

 

[nick721156]

Wishing the Punjabi,Bengali,Assamese,Tamilian and Malayali brothers and sisters who celebrate their New Year,......yesterday,today and tomorrow.....a very Happy New Year.

May this year bring you great happiness,health and prosperity!!!

May this year be that year where you a resolve to have a Trading Plan and abide by your rules strictly.May this year be that year where you stop blaming external factors for your losses and wins,and take them all on your own shoulders.May this year be that year where you realise that what you can achieve in markets or in Life depends on the limitations and shackles as put forward by your own mind..............May this be that year where you take your accounts to new levels,and then on doing so,give some away to the people around you who need it more than you.


All the best!
Saint

dear saint,

A very happy new year to you & your family from myself and my family. have been helping the needy ones since long and would love to continue.

regards,

nick

 

[nick721156]

dear saint & seniors,

i am attaching weekly chart of 'hindalco' wherein i have marked a point 'A'. please clarify if that is a "lower pivot high" because in that case 'hindalco' is in clear uptrend; otherwise, next pivot high is lower than previous pivot high and uptrend is not clear.

sorry to use winrar for posting the image. not able to directly post the image.

regards,

nick

 

[lvgandhi]

Wishing the Punjabi,Bengali,Assamese,Tamilian and Malayali brothers and sisters who celebrate their New Year,......yesterday,today and tomorrow.....a very Happy New Year.

May this year bring you great happiness,health and prosperity!!!

May this year be that year where you a resolve to have a Trading Plan and abide by your rules strictly.May this year be that year where you stop blaming external factors for your losses and wins,and take them all on your own shoulders.May this year be that year where you realise that what you can achieve in markets or in Life depends on the limitations and shackles as put forward by your own mind..............May this be that year where you take your accounts to new levels,and then on doing so,give some away to the people around you who need it more than you.


All the best!
Saint

Many Thanks to the good wishes with best advice!

 

[Saint]

Hi Saint,

your msg was quite inspirational. I am ready for the initiative which you have started. But m actually a novice so just wanted to know how can i help.


Cheers,
Arpan

Hi Arpan,

Welcome to Traderji........slow and steady for now,my friend....baby steps for now,......one step at a time.......you'll get there!

Saint

 

[Saint]

dear saint,

A very happy new year to you & your family from myself and my family. have been helping the needy ones since long and would love to continue.

regards,

nick

Thanx Nick....

So good to know that you are helping the people around.......keep going,and all the best!

Saint

 

[nick721156]

dear seniors,

posting an image of adsl. it will be in an uptrend once pivot high 'A' is taken out.

please clarify if i am wrong. purely for academic purpose.

regards,

nick