Relative Strength Index is a so called momentum indicator that is very popular to use in technical analysis of financial instruments. Here’s a simple walkthrough of RSI and how to calculate.
The RSI was developed by J. Welles Wilder. The default setting for RSI is 14 Period or Candles, Which means that RSI evaluates past 14 candles.
The RSI Compares the...
Nifty50 index on 4th day of the week won by Bears pushing down Bulls to lowest at 10350 zones. The Grip of bears hold over bulls has been tightened. Index on daily chart colored red with short wick bearish candle on trend continues ahead.
Now Bears position are ahead leading in the Bull's area and might start showing bear power. Index support level at 10300-...
What a Wonderful Fights between BULLS Vs BEARS for last three days brings more Volatility in Nifty50 index. Last Session opened flattish, as Bears are active take charge over Bulls pushing down toward the support area 10346, index has made low of 10336 witnessed sustained buying interest from day’s low at end, the mid-session round Bulls recovered again battle is...
-stock managed to break-out from its flag pattern on 19th dec
-it also found new support @50-dma (700)
-macd has shown positive crossover
-rsi is shown momentum
-it looks like we will test 730 before we enter oversold zone
PLEASE LOOK IN THE CHART BEFORE INVESTING.....
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The most basic vortex indicator strategy is to use the crossovers as trade signals: when +VI crosses above -VI, go long; when -VI crosses above +VI, go short. Exit when a crossover occurs in the opposite direction.
Trading this basic strategy without filtering any of the signals can result in whipsaws. A whipsaw is when there is a crossover in one direction,...
Multi time frame Trading system using Fisher Transform indicator .
Trend : Based on 1 hour chart , If Fisher ( Green line) above Trigger line (Red) , Trend is bullish and will look for long & vice versa.
Look at Point A on below chart where Fisher line crossed Trigger line , hence Trend turn bullish.
Entry : Once Trend is established I use 5 min chart for entry...
Using simple Andrew Pitchfork , You will come to know the levels of support and resistance , it works better for Trending market and for side ways its better to use other indicators
Please visit Trading view education course in order to take more level of understanding , Google it and learn it
Regards
OIL: Now in case of OIL you can see a ascending channel breakout on up side but now questions is, Oil going to stay above that breakout level or not?
Now CMF showing that a clear buy volume above that level and RSI also break 60 level after long time and along with if can put 200 EMA you can get another confirmation for clear buy for hold until 340 level come....
Hi,
Squeeze and Expansion is one of the famous ways to trade BB. In the following steps I will try to explain how I trade it.
# Look for a stock in long term uptrend but currently in correction. The 'Long Term' depends on time horizon of trading. For positional trader it could be daily while for intraday traders it could be hourly. So selection of stock would...
This whole month what I've observed is that Nifty always fills the *opening gap ups/downs* usually the same day or the next day.
Could be useful for next such move by nifty.
As they say, history tends to repeat itself.
Please do you own analysis before taking any trading decisions.
