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

[newbee]

unless sensex closes abv 18525...no upmoves xpected.........

Hello sudoku,

Please refrain from posting such things in this thread. We do not want anybody posting tips here. We can continue the discussion in the thread you have started, chk out my post on your thread.

Thanks
nb

 

[sand_9876]

A good move which will be giving mixed responses. but sticking to your guns and sharing knowledge will certainly prove the chinese proveb (for fish)true.

Awaiting for your posts.

Sandesh

 

[Saint]

hmmm.....some negative reputation for being silent while a certain somebody was threatening to leave the forum......didn't even know that this person was leaving the forum ......well,whatever.

Let's get back to business....


Saint

 

[Saint]

Hello

A gap up opening, and then 3 breakouts on upside for 3 rallies. To add drama, 3 false breaks on down side, but negated on very next candle, should not wait for SL in these cases (Marked by circle).

Blue vertical line is long, red short. Not the actual trades, marked after the event.

Thanks
nb

Well done.....

Just something from my end...

All the best!
Saint

 

[newbee]

Well done.....

Just something from my end...

All the best!
Saint

Hello SAINT

Thanks for the chart, have downloaded and archived it. A complete trading lesson in itself.

Trying to understand the difference between the 2 Gap Ups,

1. The first one you have identified as Yummy, Look for Longs.
   
   
2. The second one you have identified as Amateur Look for Shorts.

You have mentioned the reason for the first gap up, being bullish is that it gaps out/above a congetion area, so kinddof a powerful BO over strong resistance. Couldn't get the reasoning for the classification of the second one, could it be because it comes after a big white on daily, or previous days price action. I guess, this is also something that comes with experiance.

We wouldn't call you Distinguished for Nothing, its just because you can make such distinctions.

Its such a pleasure to go through your posts, always get those ahha movements, just wish can get more of you here

Thanks a Ton
nb

 

[newbee]

hmmm.....some negative reputation for being silent while a certain somebody was threatening to leave the forum......didn't even know that this person was leaving the forum ......well,whatever.

Let's get back to business....


Saint

The choice of word, gives it away

Just hope don't start something new here.

Thanks
nb

 

[shivaraja]

Well done.....

Just something from my end...

All the best!
Saint

Fantastic way to explain the trading...especially for a newbie like me....hats off..thanks.

 

[Saint]

The choice of word, gives it away

Just hope don't start something new here.

Thanks
nb

 

[Saint]

Fantastic way to explain the trading...especially for a newbie like me....hats off..thanks.

Thank you for your kind words,my friend!

Saint

 

[Saint]

unless sensex closes abv 18525...no upmoves xpected.........

oh ok .....thanx!

Saint