Discover and read the best of Twitter Threads about #trendindicator

Most recents (5)

Macd is the simplest & most reliable indicators available. Macd uses Moving Averages & turn them into momentum indicator by subtracting longer MA from shorter MA. The subtracted value when plotted forms a line that oscillates above & below zero, without any upper/ lower limits. Image
Using shorter Moving Average (5 & 10) will produce a quicker, more responsive indicator (fast macd), while using longer MA (12 & 26) will produce a slower indicator (Slow macd), less prone to whipsaws.

Macd measures the difference between two Exponential Moving Averages (EMAs). Image
A +ve Macd indicates that 5 or 12-day Ema is trading above 10 or 26-day Ema. A -ve Macd indicates that 5 or 12-day Ema is trading below 10 or 26-day Ema. If Macd is -ve & declining, then -ve gap between faster MA & slower MA is expanding & Downward momentum is accelerating.. Image
Read 7 tweets
Can't understand this mumbo jumbo !!
Tell me something simple
Ok! Since you can't count "12345" & read "abc",

let me show you "Kaise line marte hain" ?
Take an up trending stock that is making HH & HL, enter after 61.8% retrace of last rise or after #Trendindicator gives a BUY
My friend, Shivaprasad, used just "Golden ratio retrace strategy (61.8%)" during 2008 market fall to initiate "Shorts" and made millions
(only 61.8%)

Is making pivot lines - extending lines from key lows & highs difficult ?
Is making 61.8% retrace lines from last rise difficult?
Is buying #Trendindicator triggers difficult ?
Is making money & going home is difficult?

What's difficult is -
wanting to catch every micro moves -greed
wanting to be right & never wrong -fear

Everything depends on how you act/ react

Experience should make you wiser & richer
Read 3 tweets
Must work continuously....
This one has been in a corrective phase with shallow retrace for the last "9 Days"

#McDowell IF holds 735-738 & shows a reversal signal, it would attempt ATH & 800-825.
#McDowell
After a "Flat" correction (Darwas box !!!), just warming up
Read 6 tweets
#Banknifty in focus.
#Hdfcbank 8 days of cons. A move past 1560-65.
#Icicibank 10 days of cons. A move past 717
#Reliance 6 days of cons. A move past 2400
#Hdfc 3 days of cons. Holding 2785-2805 & move past 2825
#Hdfc breaking out..
#Icicibank is poised..
Read 10 tweets
#Banknifty has consolidated yesterday and poised to make it's big move today, "Holding 36170" preferably and "36300" aggressively. Image
Remember to at least "Partbook" to protect profits
#Banknifty almost @ "37000"
Read 6 tweets

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