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raju2marklin
Posted : Monday, February 25, 2008 6:09:41 AM
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Joined: 2/25/2008
Posts: 2
 hi,
   How to read the chart in the screen and analysis whether the stock will move up or not..
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Craig_S
Posted : Monday, February 25, 2008 8:05:31 AM


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Joined: 10/1/2004
Posts: 18,819
 This question is beyond what we software trainers can answer.   I will move this to the Market Talk forum for you so others can offer their opinions.
- Craig
Here to Help!
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funnymony
Posted : Monday, February 25, 2008 12:20:21 PM

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Joined: 2/5/2006
Posts: 1,148
 basically you determine support, resistance, and trend using trendlines,and  moving averages. then using the various technical indicators to determine whether the equity is showing underlying technical strength, weakness, is oversold or overbought, and give buy/sell signals. then look for classical pattern formations, ie double bottoms or tops, triangles, head and shoulder patterns, etc, and enter a position upon pattern confirmation, given there is a good risk/reward ratio(so you'll need to determine a potential price objective and stop location beforehand).

see its simple.

cheers.
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funnymony
Posted : Monday, February 25, 2008 1:14:15 PM

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Joined: 2/5/2006
Posts: 1,148
 heres a good book to start with.


Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications
by John J. Murphy
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Sir Bollinger band width
Posted : Monday, February 25, 2008 8:45:59 PM
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Joined: 12/8/2004
Posts: 213
QUOTE (funnymony)
heres a good book to start with.





Technical Analysis of the Financial Markets: A Comprehensive Guide to Trading Methods and Applications

by John J. Murphy


I would start with Worden videos.
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funnymony
Posted : Monday, February 25, 2008 9:27:10 PM

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Joined: 2/5/2006
Posts: 1,148
 i think murphy's book would be better for a beginner, because it gives a very broad comprehensive overview of technical analysis, stock market theorys, trading systems, and money management., and ties it all together. it'll give the beginner the "big picture."

i think the worden videos would be good for "further reference" once there is a good general understanding of technical anaylsis.
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diceman
Posted : Monday, February 25, 2008 9:37:37 PM
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Joined: 1/28/2005
Posts: 6,049
You may be interested in this:
 
 
 
 
 
 
 
 
Thanks
diceman
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