Sensex

Saturday, November 14, 2009

Re: [Technical-Investor] Long silence in the forum :-(

 



jayakrishnan ji
 
I have admit that you have definitely succeeded in bringing a smile on my face, with the caricatures. Nice way to enjoy the weekend.
 
regards
ekamber
 
 
 
----- Original Message -----
Sent: Saturday, November 14, 2009 7:23 PM
Subject: [Technical-Investor] Long silence in the forum :-(

 

Hi all,

Long silence in the forum................
Dont know whether everybody is busy enjoying their week- end or .............
The attachments are nothing to do with Technical Analysis
but a humorous analysis of Obama and his Nobel prize...........
This is in  a bid to bring a smile on your face.....
Cheers,

Jayakrishnan

--- On Sat, 11/14/09, vin st <vinst1@yahoo.com> wrote:

From: vin st <vinst1@yahoo.com>
Subject: Re: [Technical-Investor] Negative divergence ???
To: Technical-Investor@yahoogroups.com
Date: Saturday, November 14, 2009, 11:09 AM

 

By the time uptrend line is overcome to the upside, there may not be any macd -ve divergence left. Anyway, only time can tell that.
 
vin

From: Jayakrishnan <jayakrish2001@ yahoo.com>
To: Technical-Investor@ yahoogroups. com
Sent: Sat, November 14, 2009 10:53:17 AM
Subject: Re: [Technical-Investor ] Negative divergence ???

 

Dear Vin,

Thanks for your reply,

"The effect of it has already been experienced"

I presume by the above, you mean the down trend from 20/10 to 3/11.

And also by "bullish hidden divergence" you mean the rise from 4/11 to till date.

My doubt now is, whatever be the upside from here, once the market retraces to the uptrend line and break it convincingly, technically speaking, could there be a very sharp fall with MACD negative divergence taking full effect?

Regards,

Jayakrishnan.



--- On Sat, 11/14/09, vin st <vinst1@yahoo. com> wrote:

From: vin st <vinst1@yahoo. com>
Subject: Re: [Technical-Investor ] Negative divergence ???
To: Technical-Investor@ yahoogroups. com
Date: Saturday, November 14, 2009, 10:02 AM

 

Yes, it is -ve divergence. The effect of it has already  been experiences. The dip in macd in November has now led to bullish hidden divergence.
 
vin

From: Jayakrishnan <jayakrish2001@ yahoo.com>
To: Technical-Investor@ yahoogroups. com
Sent: Fri, November 13, 2009 10:23:17 PM
Subject: [Technical-Investor ] Negative divergence ???

 

Hi,

In the price chart of Nifty, the October high is higher than June high.

But in MACD, the October high is much lower than June high.

When the uptrend line is broken (4700-4800) will the price fall in line with MACD?

Is it a Negative Divergence?

Kindly have a look at the chart and correct me if I am wrong in drawing the lines ......

Jayakrishnan.



--- On Thu, 11/12/09, FLOYD JOHNY LEWIS <fjl24@yahoo. com> wrote:

From: FLOYD JOHNY LEWIS <fjl24@yahoo. com>
Subject: Re: [Technical-Investor ] Bollinger Bands Tips.
To: Technical-Investor@ yahoogroups. com
Date: Thursday, November 12, 2009, 11:31 PM

 

Hi Jayakrishnan
 
From the shoes of a newbie learning to trade on intra-day charts - This was a gem of a post.
 
Need to study it in greater details for confirming it though.
 
Would appreciate if you or anyone on this forum can post something similar for the RSI (other than the much spoke about concepts of divergences, overbought, oversold) - something different much in lines with the BB bands observations.
 
Thanks in advance
Best Regards
Floyd


--- On Thu, 11/12/09, Jayakrishnan <jayakrish2001@ yahoo.com> wrote:

From: Jayakrishnan <jayakrish2001@ yahoo.com>
Subject: [Technical-Investor ] Bollinger Bands Tips.
To: Technical-Investor@ yahoogroups. com
Date: Thursday, November 12, 2009, 11:42 AM

 
The key is how the bands react to approaching price action. Here is the magic formula.

We'll use Bullish reversal's and continuations for this example and the opposite is true for bearish reversals or continuations.

1.) Price approaches the upper band and the upper and lower bands remain flat. Reversal - Likely a sharp reversal to the lower band. Because both bands are flat this will likely be short lived.

2.) Price approaches the upper band and the upper band goes up and the lower band is flat or moving up slightly. Continuation - Price will likely continue up slowly for a time.

3.) Price approaches the upper band and the upper band goes up and the lower band goes down. Continuation - Price will likely move up fast and furious. This is the best continuation pattern for the bands. This is a rapid expansion of volatility. You will experience "fake out's" sometimes but most of the time this set-up will produce some good profits when executed properly.

4.) Price approaches the upper band and the upper and lower bands both go down. - Reversal - This is likely to result in a reversal but keep in mind price will likely only make it to the mean, the 21 period moving average with both bands heading down like this. This is a rare occurrence and is typical of a bigger market swing. A transition from Bullish to Bearish conditions.

Your best bet is to pull up 10 charts and spend some time observing how the bands react to approaching price action..

Source: http://tycoonreport .tycoonresearch. com/articles/ 871111841/ bollinger- bands-a-long- overdue-second- date







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Posted by nsivaa at 6:13 AM

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