See the following for the method
http://ptt.50webs.com/method.html
How to find out price targets in uptrends or in down trends?
see
http://www.dacharts.org/archives/PTT%20and%20CTL/PTT.png
This tool is so unique and easy to use, that simply by drawing two lines in a certain way as outline in the "Precision Trading with Stevenson Price and Time Targets" manual, you will be able to:
Look ahead 20, 30, 60 minutes or even several hours and predict where and what the price should be at a certain time (PTT).
Tell which cycles are moving the market trend.
Give a PTT for any cycle from 3 bars on up in length.
Reduce your trading to just a few trades per session to prevent over trading, if you desire.
Tell when a reaction or rally against the trend is about to stop.
See why chart patterns form and how PTT's can confirm their targets.
Tell when a new cycle direction is confirmed.
Help you trade trend days, or trading range type markets.
Trade ANY active market of your choice, whether it's stocks, futures, or indices.
Trade your market of choice in any time fame, depending on your trading style...day, swing or position trading.
There are no formulas or complicated rules to follow, no calculations, no expensive software required and the same procedure is used on any chart of your choosing.
The concepts presented in the manual are to be considered as TOOLS to aid in analyzing and trading the markets, and not a complete trading method or system. It is assumed that readers and students of these concepts have at least a basic knowledge of trading and have their own method of trading. Any knowledge of cycles will be helpful, but is not absolutely required in using these concepts.
Wednesday, May 24, 2006
Sunday, May 21, 2006
HOW TO INVEST IN STOCKS
stocks and trading basics
If you click on the following link, we'll provide you with insights
into the service and detail of "Success Trading" stock picking
methodology.
Link is below
http://www.marketfn.com/a/SuccessTradingGroup.pdfhref="http://www.marketfn.com/a/SuccessTradingGroup.pdf"
Additionally, here's a link to our InvestmentHouse.com Stock Split
Trading Guide:
http://www.InvestmentHouse.com/StockSplitManual.pdf
If you click on the following link, we'll provide you with insights
into the service and detail of "Success Trading" stock picking
methodology.
Link is below
http://www.marketfn.com/a/SuccessTradingGroup.pdfhref="http://www.marketfn.com/a/SuccessTradingGroup.pdf"
Additionally, here's a link to our InvestmentHouse.com Stock Split
Trading Guide:
http://www.InvestmentHouse.com/StockSplitManual.pdf
How to invest in stocks? A report
stocks and trading basics
Wherever you look... investment advise.
Think twice before you act.
Food for thought is here -before you're thinking of those 'tips'.
[B]Why the analyst on tv giving that super stock recommendation?
Who is paying him?God knows.[/B]
The Internet is awash with sites claiming to give free investment tips.
[B][SIZE="4"]If really you get a genuine tip, to buy an individual share, you should be cautious and very suspicious.
Who is giving you this information and what are their reasons for doing so? [/SIZE][/B]
What you must want to look out for
are [B][SIZE="4"]free investment strategies [/SIZE][/B]instead of [B]free investment tips,[/B]
Remember successful long-term investment does not come from lucky tips, but comes only from sound principles.
Couple of hints go below to make you think deeper.
1).[B]Don't try to time the market[/B].
Timing the market is making frequent
trades and switching investments regularly to cash in on day-to-day price
moves. As an individual investor you should not be
trying this. It is risky, buying individual shares in risky, and the
fees involved in frequent trading of mutual funds will eat up all your
profits.
2).[B][SIZE="4"]Next tip is do not go for dividend [/SIZE][/B].
If you have sought out the stock solely for dividend purpose, and bought it close to the time of the dividend payout, the share price will already reflect the expected dividend. Therefore you have already paid for the dividend anyway. A balanced portfolio will have some dividend stocks and some speculative stocks.
Don't buy just because of the expected dividend.
[B]How about buying stocks based on earnings information.[/B]
Most earnings reports, are underestimated. It simply is no more a major news to hear that a company has exceeded expectations.
Remember,the big institutions stay ahead of others to lay a hand on postive or negative information and would quietly buy or sell.If they bought already,they would sell the moment price shoots up on news becoming public,and soon due to heavy selling price will drop.People wont understand
why after declaring good results,the stock price has dropped?
It happens because smart money pulls out as profit shows up.
[B]What you might want to do is look out for companies that missed expectations. [/B]These have lower share prices and if you
do your homework properly and think the company can turn itself around, then you are hooked up to a winner, and well in advance.
Slow and steady wins the race!
Wherever you look... investment advise.
Think twice before you act.
Food for thought is here -before you're thinking of those 'tips'.
[B]Why the analyst on tv giving that super stock recommendation?
Who is paying him?God knows.[/B]
The Internet is awash with sites claiming to give free investment tips.
[B][SIZE="4"]If really you get a genuine tip, to buy an individual share, you should be cautious and very suspicious.
Who is giving you this information and what are their reasons for doing so? [/SIZE][/B]
What you must want to look out for
are [B][SIZE="4"]free investment strategies [/SIZE][/B]instead of [B]free investment tips,[/B]
Remember successful long-term investment does not come from lucky tips, but comes only from sound principles.
Couple of hints go below to make you think deeper.
1).[B]Don't try to time the market[/B].
Timing the market is making frequent
trades and switching investments regularly to cash in on day-to-day price
moves. As an individual investor you should not be
trying this. It is risky, buying individual shares in risky, and the
fees involved in frequent trading of mutual funds will eat up all your
profits.
2).[B][SIZE="4"]Next tip is do not go for dividend [/SIZE][/B].
If you have sought out the stock solely for dividend purpose, and bought it close to the time of the dividend payout, the share price will already reflect the expected dividend. Therefore you have already paid for the dividend anyway. A balanced portfolio will have some dividend stocks and some speculative stocks.
Don't buy just because of the expected dividend.
[B]How about buying stocks based on earnings information.[/B]
Most earnings reports, are underestimated. It simply is no more a major news to hear that a company has exceeded expectations.
Remember,the big institutions stay ahead of others to lay a hand on postive or negative information and would quietly buy or sell.If they bought already,they would sell the moment price shoots up on news becoming public,and soon due to heavy selling price will drop.People wont understand
why after declaring good results,the stock price has dropped?
It happens because smart money pulls out as profit shows up.
[B]What you might want to do is look out for companies that missed expectations. [/B]These have lower share prices and if you
do your homework properly and think the company can turn itself around, then you are hooked up to a winner, and well in advance.
Slow and steady wins the race!
Saturday, May 20, 2006
Nifty chart with elliott wave markings
stocks and trading basics
First see a standard Elliott wave chart.
See the NIFTY Nse index in terms of ELLIOTT waves.
How does it look?
Is the five primary wave sequence reaching the end point?
Is the corrective 3 wave downward sequence just begun?
sensex charts for MEDIUM TERM,Short Term, & Long Term
click on chart and read link to see if it is long term,medium ,or short term chart
First chart is for medium term,
second one is for short term-say 6 months time frame
Third chart is for long term say 6 years
Look at the trend channel and know the support and resistance levels.
MEDIUM TERM IDEA
BSE SENSEX is in a rising trend . A continued rise within this trend may be expected. In addition, the price has now fallen back towards the floor of the trend channel, which should give a reaction up. Has, however, broken a support level in the short term and given a negative signal for the short term trading range. The index has support at points 8800 and resistance at points 12600.
Friday, May 19, 2006
Elliott wave SOFTWARE
Elliott wave happens in 5 waves upwards and 3 waves downwards.
Elliott wave theory - Simplified Elliott wave analysis - for real traders...for winning
Elliott wave is a unique form of market analysis, developed by R. N. Elliott in the 1930s. Since then, numerous Elliott wave software programs have incorporated his wave analysis techniques. Though promising a lot, many Elliott wave forecasts and approaches have failed to deliver - why ?
At MTPredictor™ we believe we have the answer. MTPredictor uses Elliott wave analysis in a truly unique manner - it identifies Elliott wave patterns in isolation...and only if a valid Elliott count is present. It is software that allows the trader to identify trade set-ups without the need for a complete historical analysis of a market or the added confusion of multiple timeframes. This solves one of the main Elliott problems - analysis often drifting in and out of phase. The traditional way of dealing with this is by using alternate wave counts...we believe this leads to more questions than answers - and never use 'alternatives'.
Read linkhttp://www.blonnet.com/iw/2005/11/27...2701070700.htm
__________________
Elliott wave theory - Simplified Elliott wave analysis - for real traders...for winning
Elliott wave is a unique form of market analysis, developed by R. N. Elliott in the 1930s. Since then, numerous Elliott wave software programs have incorporated his wave analysis techniques. Though promising a lot, many Elliott wave forecasts and approaches have failed to deliver - why ?
At MTPredictor™ we believe we have the answer. MTPredictor uses Elliott wave analysis in a truly unique manner - it identifies Elliott wave patterns in isolation...and only if a valid Elliott count is present. It is software that allows the trader to identify trade set-ups without the need for a complete historical analysis of a market or the added confusion of multiple timeframes. This solves one of the main Elliott problems - analysis often drifting in and out of phase. The traditional way of dealing with this is by using alternate wave counts...we believe this leads to more questions than answers - and never use 'alternatives'.
Read linkhttp://www.blonnet.com/iw/2005/11/27...2701070700.htm
__________________
Thursday, May 18, 2006
How to catch right stocks in falling markets
How to catch right stocks in downtrending markets?
How to select those good ones from a sea of falling stocks?
Where to catch the next big thing?
Here is the way to catch right stocks in downtrends.
Bottom fishing is the name.
Look for good stocks at the end of downtrend.
Trendline is the radar.
Three simple steps to follow are
1.A break from pessimism,
2.A show of confidence,
3.A show of optimism
If all three conditions are met, then buy those stocks.
see the link
http://www.smallcapcenter.com/help_technical.asp?subitem=bottom
How to select those good ones from a sea of falling stocks?
Where to catch the next big thing?
Here is the way to catch right stocks in downtrends.
Bottom fishing is the name.
Look for good stocks at the end of downtrend.
Trendline is the radar.
Three simple steps to follow are
1.A break from pessimism,
2.A show of confidence,
3.A show of optimism
If all three conditions are met, then buy those stocks.
see the link
http://www.smallcapcenter.com/help_technical.asp?subitem=bottom
Wednesday, May 17, 2006
Study of 1929 market crash using Elliott wave
Market Crash And Elliott Wave Pic
The Wave Pattern
Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that he called "impulsive," followed by a 3-wave "corrective" sequence.
5 WAVES UP and 3 WAVES DOWN.
SEE THE PICTURE OF 1929 CRASH IN TERMS OF ELLIOTT WAVEhttp://www.market-harmonics.com/images/Elliott%20Primer/dj2132.gif
The above chart also illustrates another of Elliott's key discoveries, namely that wave patterns themselves subdivide into smaller patterns that trend in the same direction as the wave of one larger size, or, as Elliott termed it, "degree."
In this example, the encircled wave numbers are labeled as Primary waves. The Primary waves subdivide into a five-wave sequence of Intermediate degree waves, which, in turn, subdivide into a sequence of five Minor degree waves.
A three-wave "corrective" sequence then begins from the 1929 market top and ends in July 1932, well below the start of the bull market, a loss of about 90% in the Dow's value.
Present indian markets
Is it true the sensex is at the end of 5 wave impulsive sequence? IS CORRECTIVE SEQUENCE HERE?
Await other expert comments LATER.
If it is true,then we need to get ready for 3 wave corrective sequence, a SOLID downward journey!!!!!!!!
The Wave Pattern
Elliott's main discovery was that market behavior could be identified and measured through a repeating eight wave sequence, consisting of 5 waves that he called "impulsive," followed by a 3-wave "corrective" sequence.
5 WAVES UP and 3 WAVES DOWN.
SEE THE PICTURE OF 1929 CRASH IN TERMS OF ELLIOTT WAVEhttp://www.market-harmonics.com/images/Elliott%20Primer/dj2132.gif
The above chart also illustrates another of Elliott's key discoveries, namely that wave patterns themselves subdivide into smaller patterns that trend in the same direction as the wave of one larger size, or, as Elliott termed it, "degree."
In this example, the encircled wave numbers are labeled as Primary waves. The Primary waves subdivide into a five-wave sequence of Intermediate degree waves, which, in turn, subdivide into a sequence of five Minor degree waves.
A three-wave "corrective" sequence then begins from the 1929 market top and ends in July 1932, well below the start of the bull market, a loss of about 90% in the Dow's value.
Present indian markets
Is it true the sensex is at the end of 5 wave impulsive sequence? IS CORRECTIVE SEQUENCE HERE?
Await other expert comments LATER.
If it is true,then we need to get ready for 3 wave corrective sequence, a SOLID downward journey!!!!!!!!
POWER OF TRENDLINES
stocks and trading basics
power of trendlines
JUST LOOK AT THE TWO SLANTING LINES
SEE BUYING POINT AND SEE SELLING POINT
BOTTOM LINE IS SUPPORT=BUY LEVEL
TOP LINE IS RESISTANCE=SELL LEVEL
THE SLOPE OF THE LINES INDICATES STRENGTH OF TREND.
IF PRICE BREAKS UPWARDS THROUGH THE UPPER SLANTLINE,IT MEANS SOMETHING.GUESS WHAT?
IF PRICE CROSSES DOWNWARDS THROUGH THE BOTTOM SLANT LINE,SELLING TIME IS NEAR.
Sunday, May 14, 2006
8 MARKET CONDITIONS BEHIND TRENDS& Heat map
How to find current market status
By studying the buying interest or selling pressure through the study of 8 market factors. Heat map gives most of the data.
Eight market conditions defining trends are
As summarised by Bill Duryea,a list of 8 conditions is as follows:
The Theory and Assumptions of Buying Interest & Selling Pressure
1.) Over varying periods of time, the price volume action of the market moves in trends, both up and down. The fundamental premise of technical analysis is that it is possible to identify the conditions that led to the continuation and turning point (reversals) of the trend.
2.) The relative strength or weakness of the Index is evaluated by the price volume action of its underlying components.
3.) The conditions that lead to a trend are referred to as Buying Interest and Selling Pressure. As these conditions relate to the price movement of the Index.
4.) The market condition is measured by the number of advancing issues versus the number of declining issues, and the volume trading with the advancing issues versus the volume trading with the declining issues.
5.) The price volume data generated by the market is the best available source of information upon which the investor (trader) can form an objective analysis of the market.
6,) Volume goes with the trend.
In an uptrend, volume increases as price advances and decreases as price declines.
In a downtrend, volume increases as price declines and decreases as price advances.
Reversal
Contrary volume behavior may signal an important reversal of the trend.
7.) Price movement occurs in two phases;
trending and consolidation.
8.) Trending and consolidation are expressions of support and resistance.
The rule of thumb is that when the price and volume rise together there is sufficient Buying Interest to indicate an uptrend.
Conversely, when price and volume decline together there is sufficient Selling Pressure to indicate a downtrend.
And those are the 8 Market Conditions behind trends.Now you know,if you are dealing with markets ignoring the major factors.Point No-4 is one of those mostly not considered.
where to see the advance-decline information?
One way is to see the heatmap http://www.buzzingstocks.com/in/heatmap.htm
Another way is see breadth charts in site www.icharts.in
By studying the buying interest or selling pressure through the study of 8 market factors. Heat map gives most of the data.
Eight market conditions defining trends are
As summarised by Bill Duryea,a list of 8 conditions is as follows:
The Theory and Assumptions of Buying Interest & Selling Pressure
1.) Over varying periods of time, the price volume action of the market moves in trends, both up and down. The fundamental premise of technical analysis is that it is possible to identify the conditions that led to the continuation and turning point (reversals) of the trend.
2.) The relative strength or weakness of the Index is evaluated by the price volume action of its underlying components.
3.) The conditions that lead to a trend are referred to as Buying Interest and Selling Pressure. As these conditions relate to the price movement of the Index.
4.) The market condition is measured by the number of advancing issues versus the number of declining issues, and the volume trading with the advancing issues versus the volume trading with the declining issues.
5.) The price volume data generated by the market is the best available source of information upon which the investor (trader) can form an objective analysis of the market.
6,) Volume goes with the trend.
In an uptrend, volume increases as price advances and decreases as price declines.
In a downtrend, volume increases as price declines and decreases as price advances.
Reversal
Contrary volume behavior may signal an important reversal of the trend.
7.) Price movement occurs in two phases;
trending and consolidation.
8.) Trending and consolidation are expressions of support and resistance.
The rule of thumb is that when the price and volume rise together there is sufficient Buying Interest to indicate an uptrend.
Conversely, when price and volume decline together there is sufficient Selling Pressure to indicate a downtrend.
And those are the 8 Market Conditions behind trends.Now you know,if you are dealing with markets ignoring the major factors.Point No-4 is one of those mostly not considered.
where to see the advance-decline information?
One way is to see the heatmap http://www.buzzingstocks.com/in/heatmap.htm
Another way is see breadth charts in site www.icharts.in
stocks and trading basics
stocks and trading basics
visit the site for definitions
http://www.prophet.net/learn/taglossary.jsp?index=A
visit the site for definitions
http://www.prophet.net/learn/taglossary.jsp?index=A
infy charts for short medium long terms
first one 
maruti meduim term chart
see infy and maruti charts
maruti meduim term chart
see infy and maruti charts
Thursday, May 11, 2006
Chart is the basic thing-Always start with chart
see following charts
BUY WHEN PRICE BREAKS ABOVE AN ESTABLISHED RESISTANCE LEVEL.
SAIL RS 85
HINDUSTANMOTORS RUPEES 50
ZUARIAGRO
ORIENTPAPER
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