Candlestick Patterns
Marubozu Candle – How to trade
Marubozu candles are simple, easy to spot candles that indicate strong move in either direction (up or down). In this post I’m going to cover the details about Marubozu candles and more generally about strong white and black candles. I will share: Basics of Marubozu Candles (White & Black) Different […]
Technical Analysis = Success in Day Trading?
Do you think knowing technical analysis is enough to succeed in day trading? I used to think so, until I realized this is simply not true. In order to succeed in day trading what you need is: A profitable Trading strategy An objective way to evaluate the performance of the trading strategy […]
Video from our upcoming Day Trading Strategies Course
Our new Day Trading Strategies Online Course would teach: 2 Popular Strategies (Technically 3) plus Examples on modifying strategies using simple technical analysis tools How to perform manual back testing of trading strategies and compare performance Money Management Principles Live Examples You can watch one of the videos from our upcoming […]
8 must read books for the serious investor
1. The Intelligent Investor: Chances are you are already aware of this investing classic. This is a great read specially to understand the cigarette butt strategy that served Warren Buffett in his early days. It is a very profitable strategy to this date, specially if you are a retail investor. […]
Nifty: A pattern in RSI
Relative Strength Index or RSI is a very well known technical indicator known to almost everyone. This is thanks to it being quoted very often in mainstream media. One reason why retail investors like this indicator is because it is easy to use it as a thumb rule. As investopedia puts it: “RSI […]
How can retail investors trade profitably in the stock market
You will find two kind of investors/ traders in the stock market: Those who think they cannot predict when the stock will go up. So they concentrate on value investing strategies ( I outline these below). Those who use technical analysis and devise manual or automated trading systems around it. […]
Introductory video on our new Elliott Wave Theory course
We are receiving great feedback on our new Elliott wave theory course. You can now watch the introductory video below: The entire course can be accessed here: Technical Analysis using Elliott Wave Theory You can also choose from some of our other best selling courses: Stock Market for Beginners – […]
PM Modi’s surgical strike on black money
There is no doubt that the latest move on black money by PM Modi has to be lauded for its intent. But once the dust settles on the moral euphoria, we should realize that there may be major side-effects to this move. It is estimated that India has a parallel economy […]
Just Dial: Is Wrong Wave Count = Losses?
In April I shared a post on Just Dial: Power of Wave Analysis in dealing with incomplete data. To quote from the article: Once prices bounce off the lower end of this trend channel and develop a 5-wave upward move of lesser degree. This is a clear indication that we may have […]
Nifty Update & Stock Out-performance Lesson
Since our last post Nifty has managed to keep its upward momentum intact without any major correction, except the one today. This correction has developed around an important trend line (T1) as shown below: This trend line (T1) should be closely observed as we would need to witness substantial strength […]
