Tuesday, April 03, 2018
10 TYPES OF CHARTS
Types of Price Charts
CHART PROVIDER
MNY BROKERAGE COMPANY GIVES CHART FOR TRADING IN FREE OF COST SO WE CAN OPEN ACCOUNT UNDER ANY SUB BROKERS TO ACCESS LIVE CHARTS WE CAN ACCESS DIFFERENT KINDS OF CHART PATTRENS MOST USE CHART AND MANY PROFESSIONAL TRADERS USING CHARTS ARE CANDLE STICK PATTRENS ,RENKO CHARTS, HEKKINASHI CHARTS
TRADING TIME FRAME
Do you trade with the 5-minute chart? Or the daily chart? But why are we constrained by time bases?Are there other ways to visualise price data? Do they offer valuable perspectives? you can use 15 min ,30 min ,hourly charts for intrady trading,longer time frame gives you more accuracy
(Beware. They might turn your trading perspective upside down.)
For easy comparison, we are using the same two trading sessions as
examples for each chart type. One chart shows a clear trend while
the other will shows a trading range.
1. Line Chart
it shows only line on the graphs you can watch high and low of charts it is ver simple chart to understand the market is high or low
2. Bar Chart
shows only bars on chartwatch high and low of charts it is ver simple chart to understand the market is high or low
3. Candlestick Chart
candle shows vwer clear view in chart it gives you perfect entrys in trading
4. Volume Chart the volume chart shows volume on candle it shows hgh volume candle and low volume candles
5. Tick Chart6. Range Bar Chart
7. Point & Figure Chart
8. Renko Chart
renko charts are using only invest ment processes not for daytradng
10. Three-Line Break Chart
Friday, March 16, 2018
Technical Analysis
What is Technical Analysis?

TECHNICAL ANALYISIS HELPS YOU TO FIND WHER YOU PARTICIPATE IN MARKET ,Technical Analysis can be defined as an art and science of forecasting future prices based on an examination of the past price movements.
TECHNICAL ANALYSISI SHOWS YOU RIGHT PATH
Technical analysis is not astrology for predicting prices. Technical analysis is based on analyzing current demand-supply of commodities, stocks, indices, futures or any tradable instrument. Technical analysis involve putting stock information like prices, volumes and open interest on a chart and applying various patterns and indicators to it in order to assess the future price movements. You can enter at righ side eitherbuy or sell
TIME FRAME FOR TRADING
The time frame in which technical analysis is applied may range from intraday (1-minute, 5-minutes, 10-minutes, 15-minutes, 30-minutes or hourly), daily, weekly or monthly price data to many years. There are essentially two methods of analyzing investment opportunities in the security market viz fundamental analysis and technical analysis. You can use fundamental information like fi nancial and non-fi nancial aspects of the company or technical information which ignores fundamentals and focuses on actual price movements.
• Price discounts everything
• Price movements are not totally random
• What is more important than why
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