Re: 16 Dec 2011

by **Cals** Sat 17 Dec 2011, 23:27

hukiju wrote:
maxims wrote:igb has breach 100 days moving average...if 2.309 breach it confirm fly..just like kpj..i predict it will go 4.60 from 4.30 level...and it happen [You must be registered and logged in to see this image.]

sifu, what does it shows when igb breach 100 days moving average?

moving averages are usually an indicator of prices of the averages for certain time period from the timeperiod closing, in this case its an indication of averages prices in the last say few months. if you notice the chart it will have few moving averages, say for example 100days= the average price for the last 100days, 14days= avg price for last 14 periods.

in this context it might say that the 100 day moving average is on an uptrend , surely the stock price is moving upwards, however within the 100days there might be low retracement , hence the lower MA timeframe is used to indicate movement as in the 14day. so when the 14 crosses above the 100days we might see further uptrend momentum or bullishness.

to read more about moving averages

[You must be registered and logged in to see this link.]

edit: an important tip; indicators are always laggards do factor both possibilities and potentials

by hukiju Sun 18 Dec 2011, 00:11

Cals wrote:
hukiju wrote:
maxims wrote:igb has breach 100 days moving average...if 2.309 breach it confirm fly..just like kpj..i predict it will go 4.60 from 4.30 level...and it happen [You must be registered and logged in to see this image.]

sifu, what does it shows when igb breach 100 days moving average?

moving averages are usually an indicator of prices of the averages for certain time period from the timeperiod closing, in this case its an indication of averages prices in the last say few months. if you notice the chart it will have few moving averages, say for example 100days= the average price for the last 100days, 14days= avg price for last 14 periods.

in this context it might say that the 100 day moving average is on an uptrend , surely the stock price is moving upwards, however within the 100days there might be low retracement , hence the lower MA timeframe is used to indicate movement as in the 14day. so when the 14 crosses above the 100days we might see further uptrend momentum or bullishness.

to read more about moving averages

edit: an important tip; indicators are always laggards do factor both possibilities and potentials

Got it.. thanks! Handshake

reading alots of info todays

by hukiju Sun 18 Dec 2011, 16:13

Hi sifus, I wondering how many full time trader here?
need some opinion from you guys, full time trader is better or get a secure job to work while trade a bit a bit?

by **ESH** Sun 18 Dec 2011, 19:30

hukiju wrote:Hi sifus, I wondering how many full time trader here?
need some opinion from you guys, full time trader is better or get a secure job to work while trade a bit a bit?

it is really a matter of YOUR choice really. But for starter, play a bit a bit with steady monthly income is safer. But if your father is rich then ok looo you no work also can live Devil

by hukiju Sun 18 Dec 2011, 21:35

ESH wrote:
hukiju wrote:Hi sifus, I wondering how many full time trader here?
need some opinion from you guys, full time trader is better or get a secure job to work while trade a bit a bit?

it is really a matter of YOUR choice really. But for starter, play a bit a bit with steady monthly income is safer. But if your father is rich then ok looo you no work also can live

are you full time trader? but i wonder how am i going to watch and trade during my work.. Sweat

by hukiju Sun 18 Dec 2011, 21:44

any potential stock can go in for tomorrow? Evil

by **ESH** Mon 19 Dec 2011, 00:23

hukiju wrote:
ESH wrote:
hukiju wrote:Hi sifus, I wondering how many full time trader here?
need some opinion from you guys, full time trader is better or get a secure job to work while trade a bit a bit?

it is really a matter of YOUR choice really. But for starter, play a bit a bit with steady monthly income is safer. But if your father is rich then ok looo you no work also can live

are you full time trader? but i wonder how am i going to watch and trade during my work..

Me not full time trader. If you are working then find stocks that you can uncle, buy today and q sell for tomorrow or later. If fast moving stock you need to monitor closely. Otherwise, your chances to lose is higher.

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