Money Making Candlestick Formations Candlestick Line Candlestick Line Candlestick lines and charts — traditional Japanese charts whose individual lines look like candles, hence their name. The candle- stick line is comprised of a real body and shadows. See “Real body”…
RSI – Relative Strength Indicator Developed by J. Welles Wilder and introduced in his book, New Concepts in Technical Trading Systems, the Relative Strength Index (RSI) is an extremely popular momentum oscillator. The RSI compares the magnitude of a…
In this example Microsoft is charted using 20 day Bollinger bands at 2 standard deviations. Contracting bands warn that the market is about to trend: the bands first converge into a narrow neck, followed by a sharp price movement. The…
Again, although Bollinger Bands can help generate buy and sell signals, they are not designed to determine the future direction of a security. The bands were designed to augment other analysis techniques and indicators. By themselves, Bollinger Bands serve two…
Again, this indicator consists of three bands encompassing a security’s price action. Defaults are: 1. A simple moving average in the middle, usually 20 days for intermediate investing. 2. An upper band ( 20 day SMA plus 2 standard deviations)…
following are a few rules that serve as a good Beginning point. 1. Bollinger bands provide a relative definition of high and low. 2. That relative definition can be used to compare price action and indicator action to arrive at…
DETAILED CONTRACT SPECIFICATIONS FOR STOCK OPTIONS: Underlying : Individual Securities available for trading in the cash market. Exchange of Trading : National Stock Exchange of India Limited. Security Descriptor : N OPTSTK Style of Option : American. Strike Price Interval…
Make Profit from Day trading Stocks Trading simply implies the practice of buying and selling financial instruments. It should be done on the same trading day. This is because all the positions are usually closed before closing of the market…
ELECTION 2009 INDIA CARNIVAL AND STOCK MARKET INDIA CARNIVAL: Election is like big carnival in India with entire population from all walks of life gets swayed by it. There are colors and flood of money flowing. Everything comes to stand still.…
BSE Or Bombay Stock Exchange Going for an investment in a stock market requires a good research and knowledge of the market. You should know how different sections of the stock market works. You should also have some idea about BSE, NSE, NASDAQ…etc…