Friends, I was stressing about Baltic dry again and again here,And see whats its effect.
It recoves from its lows and here we see brusting rises in Shipping companies.
Its all about timing for a trader.
GE Shipping
Mercator lines
SCI
Varun shipping
Mercator lines saw 45% rise from lows in 2 days:)
GE shipping saw 25% rise in 2 days.
Read an old post which was written in october
Shipping companies analysis
Here am posting a live chart of Baltic dry which you can check whenever
necessary
Regards
Rish
RESEARCH REPORTS
Friday, December 12, 2008
Thursday, December 11, 2008
>INSIDE TRADING 11-12-2008
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B - Buy | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
S - Sale |
RESEARCH REPORTS
Wednesday, December 10, 2008
>Dow jones Technical Analysis
I have come up with a update on dowjones Chart Analysis after a long gap.
In the last analysis Dow jones as was discussed Dow was in 4th of 3rd main wave,
which finished near 9700.From there 5th of main 3rd started which
ended near 7500.A good 1200 points.
So the killer 3rd main wave of dowjones is over,And presently we are in
4th main wave.
According to chart the parallel line channel holds much importance which
projects the upper resistance at 9500.
downside 8200-8000 is a good support .
These corrective ups give great opportunity for Traders Dowjones already saw
great run 7500 to 9000.
Regards
Rish
RESEARCH REPORTS
In the last analysis Dow jones as was discussed Dow was in 4th of 3rd main wave,
which finished near 9700.From there 5th of main 3rd started which
ended near 7500.A good 1200 points.
So the killer 3rd main wave of dowjones is over,And presently we are in
4th main wave.
According to chart the parallel line channel holds much importance which
projects the upper resistance at 9500.
downside 8200-8000 is a good support .
These corrective ups give great opportunity for Traders Dowjones already saw
great run 7500 to 9000.
Regards
Rish
RESEARCH REPORTS
>Amibroker formula language(AFL)
Today,I am sharing an AFL which tells about trendline
support ,resistances and wedges.
In a bear market wedges play a very important role
most of the falls intraday from resistances tend to make
rising wedge chart pattern before falling.
Trendline resistance and supports are vital in calculating
long target and short targets respectively.
If you find it difficult to spot a wedges or trendline support
and resistances this AFL indicator will help you to decide.
RSI Trendline & Wedges.Afl is one such Afl indicator.
Download it here RSI Trendline & Wedges.Afl
Now many asked me how to use it in Amibroker .Let me explain
it
Start Amibroker go to view tick Charts after ticking charts
you will see in left side a new column will appear with heading
Charts(usually its their already by default),Fine.
Under Charts section there would be so many indicators,Averages
etc.
Go to a particular heading by name Custom,Right click on custom
New>>Formula .A blank Afl editor will open.
Just drag this downloaded Afl rsi trendline&wedges.Afl in that
blank Afl editor and save it as Rsi trendline & Wedges.Afl.
Once all this is done you will see your Indicator below Custom .
Which can be produced on chart by double clicking on the indicator.
I hope i made it clear,Still if someone has got any doubt do leave a comment.
Regards
Rish
RESEARCH REPORTS
support ,resistances and wedges.
In a bear market wedges play a very important role
most of the falls intraday from resistances tend to make
rising wedge chart pattern before falling.
Trendline resistance and supports are vital in calculating
long target and short targets respectively.
If you find it difficult to spot a wedges or trendline support
and resistances this AFL indicator will help you to decide.
RSI Trendline & Wedges.Afl is one such Afl indicator.
Download it here RSI Trendline & Wedges.Afl
Now many asked me how to use it in Amibroker .Let me explain
it
Start Amibroker go to view tick Charts after ticking charts
you will see in left side a new column will appear with heading
Charts(usually its their already by default),Fine.
Under Charts section there would be so many indicators,Averages
etc.
Go to a particular heading by name Custom,Right click on custom
New>>Formula .A blank Afl editor will open.
Just drag this downloaded Afl rsi trendline&wedges.Afl in that
blank Afl editor and save it as Rsi trendline & Wedges.Afl.
Once all this is done you will see your Indicator below Custom .
Which can be produced on chart by double clicking on the indicator.
I hope i made it clear,Still if someone has got any doubt do leave a comment.
Regards
Rish
RESEARCH REPORTS
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