@bbrijesh

@bbrijesh

Most recents (6)

Our ace chartist @bbrijesh posts the Index chart in his video. Let us understand on how he creates this index in Tradingview to analyze the charts. #Index #TechnicalAnalysis #charting

There are 2 ways to create an index - Equal Weighted Index #EWI and Market Cap Index #MCI. 1. EWI is used when maximum stocks are from large and midcap. 2. MCI is used when max stocks are midcap and smallcap.

To plot EWI, the stock price is just added and it is plotted on the chart. For Eg. I have taken 10 stocks - #Reliance #LT #TCS #Infy #BajFin #Dixon #DivisLab #Titan #RECLtd #BharatForg Check #chart attached

Read 8 tweets

Aksel Kibar, CMT

@TechCharts

Waiting for a daily close above the resistance by 3% margin is a trading tactic Edwards & Magee discussed in their book Technical Analysis of Stock Trends.

For some of you this might be a too late entry. Remember that trading tactics can be different for each trader/investor.

As there is no perfect stop-loss placement, there is also no perfect entry condition. Sometimes you can miss the breakouts due to gap openings. I'm sure many of you managed to position well into this H&S continuation breakout.

There are several ways to trade a chart pattern. From anticipatory positions before the breakout to buying during re-test after a breakout...

However, there is only one way to identify a text-book classical chart pattern. This one was a H&S continuation.

Read 6 tweets

GoCharting

@gocharting

Point and Figure Charts now come with built-in Bullish and Bearish pattern recognition

🚀Double Top
🚀Double Bottom
🚀Triple Top
🚀Triple Bottom
🚀High Pole
🚀Low Pole
🚀Significant Column

Go to Appearance tab and activate the patterns

#pnf #patterns #charting #pointfigure

Bullish Double Top and Bottom

Triple Top and Triple Bottom

Read 4 tweets

GoCharting

@gocharting

Indicator on Indicator (beta) -

Another premium feature in other popular platforms is now available for FREE in GoCharting.

Please follow the steps in this thread

#premium #indicators #charting #advanced

Click on the Indicator series legend and select "Add Indicator" option

A new Indicator selection menu will appear to choose from

Read 5 tweets

Dan Murrell

@MurrellDan

Due to the rapidly evolving situation, I'm sorry to say that there will be no new #Charting episode this week. There's no shame in playing it safe. BUT - did you think I wasn't gonna make charts anyway? Let's do this in 280 characters or less! (THREAD)

#Onward tops the box office, despite barely eking out a $10 million weekend gross. #Bloodshot debuts in second place, but #IStillBelieve & its $12 million budget may be the real winners here. Ironically, after being pushed due to controversy, #TheHunt was barely noticed.

Just how bad was this weekend? Here's the gross for the second weekend in March for the last 10 years. COVID-19's first significant effects on the North American market are crystal clear. The bad news? This is just the beginning, as most theaters that were open are now closed.

Read 12 tweets

GoCharting

@gocharting