Friday, September 25, 2009

Kawser vai's post regarding TA lerning

TA is not so hard what people think......And actually TA can be learned within short time.....But the main thing is faith on it and implementation....And TA means not that AFL....Only chart analyzer can be one of the best TA.....A good AFL just keep your job up.......Maximum people can't keep faith on it......But if you are a good TA,and you know some value investing then you are king of market......

Just dig with the following topics:

Pattern: It is one of the best instrument in stock market.......And only pattern can make huge profit.......The most powerful pattern is cup with handle and for dse it is W pattern...check it with Prime finance, bd finance last move.........

Support and Resistance lines: The most important thing how resistance becomes new support and support becomes new resistance........

Fibonacci levels: It will help you know how much market will correct and when to enter......Fibo nacci resistances should be dug.......

Moving averages: They are the key of my trading system....

Bollinger Bands: This will help you how much a stock will fall and with RSI BB can alone be a trading system......

Divergence: For exit use it.....I use it as my exit and I got it is the best way to exit............
RSI: just a helper whether a stock oversold or over bought........

When all these things are in your head, and you know that TA is right(TA is always right) then you can succeed and be king of any market of the world....TA is all time perfect.........when you will learn it bad way or the teacher of your TA is himself confused then you will be also a bad student of TA............

You don't need a high grade AFL ........Your head is the most powerful AFL when you have a good knowledge about TA...........And many think that coding is a part of TA......It is totally another topics....Coding er shathe TA er kono relation nai..........

N.B.- This advice given by TA great Kawser vai in our beloved forum.....

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