Recent content by ajay

Hi Friends, I sincerely apologize for not bringing in price action - into the MACD presentation - to take trading decision. All my presentation went on discussing only scenario behind the happening of the divergence. It is silent on trade initiation part. As maiden22 and Blaiserboy mentioned...

It is a ppt file in zip format.

Dear Friends, This is a small attempt from my side towards contributing to the common sense approach in indicator interpretation. Here is the ppt file that I zipped and attached. Please correct me if I am wrong. Happy practicing technicals Ajaya

yea hagadol, i use fib extensions for calculating the targets. What i use are 1.236, 1.618, 2.618 and 4.236. Infact the retracements i consider only to guage the strength of the trend, once it takes out the pivot. And when the price is apporaching the expansion levels, i observe the reaction. i...

Hi Friends, I am finding a Diamond Pattern in Monthly charts of 10 yr. TB. I am in doubt about it. Can anybody help me? If a perfect diamond is not formed, definitely there will be a good triangle that can be seen on these monthly charts. Please apply the Black Template if you use Metastock to...

dear twalker, first let me have the feel of positive response from the forum. I will continue to be a member here and we all collectively learn and advance our knowledge. thanks ajaykumar

Dear friends, I have a formula which I found really works well. I trade from India. If anyone is interested, can mail me, mentioning the stock for which the levels are required. I can mail back the levels. I take pleasure in sharing what I know. So, I don't charge anything for this. My mail ID...

Can follow Moving Average Ribbon. Buy above the bar which is not linked to the ribbon. Put stop at 2nd ribbon. And Vice versa. I found it to be a happy & comfortable indicator till you make your own trading system. It keeps you away from the choppy markets. Ajay

You can take a band with .236% to 200DMA. Sell below the low of the bar (which is not in the bands)with stop at the lower band and buy above the high of the bar which is not in the bands with a stop at the upper band. Generally, if trend fails to continue & you get stopped out, the stock...

I went into the link. Tried the Formula. But it doesn't match with the results what Camarilla Calc gives.