Pathfinder's Journal

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PATHFINDER
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Pathfinder's Journal

Postby PATHFINDER » Sat Sep 03, 2016 7:42 pm

Regarding Technical Analysis,
This is not a easy subject and need lots of practice,Different TA people use different methods that suits to him,But what needed is to identify buying and selling point of shares to make profits.Likewise there are people who are good analysts but bad teachers,some can teach well but may lack of analysis ability.

Usually 230-240 symbols trade during a usual trading day,Many move up and give good returns.A trader must be able to identify those and adjust their positions accordingly.

I'll write my analysis here,If anyone need technical point of view on any shares please post it here I’ll answer as I know,I invite all Tech pals to join with me .


Let's start with chart for CFVF,

If you look at the price chart of CFVF recent high is 25.70,last few days it trading around 22,which is 50% of fib correction.On 30th Aug PSAR crossed the price line above downward same time price moved ahead of 10 day MA,both consider as bull signs.However 25.70 is act as a resistance.

Image

RSI crossed it's downward channel and move upward,

Image

MACD crossed near 0  with increased volume is strongly a positive sign.

Image


So I expect CFVF to test 25.70 in coming days.
Last edited by PATHFINDER on Sun Sep 04, 2016 8:41 pm, edited 1 time in total.
TIMING IS THE NAME FOR THE GAME

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Re: Pathfinder's Daily Journal

Postby sashimaal » Sat Sep 03, 2016 7:45 pm

Wow the much awaited entrance of Pathfinder!

And brilliant analysis as always :-bd
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Re: Pathfinder's Daily Journal

Postby ck+ » Sat Sep 03, 2016 7:53 pm

Thanks path. Nice explanation. Believe me you are a good teacher. :D Everything has beautifully explained.

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Re: Pathfinder's Daily Journal

Postby newer1 » Sat Sep 03, 2016 7:57 pm

Thnks so much pathfinder to giving quick answer even with your busy time. We will hope such a brilliant analysis more in future.
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Re:Pathfinder's Daily Journal

Postby topcat » Sat Sep 03, 2016 8:23 pm

Thanks pf. Good work. :ymhug:
"Keep winners, Sell loosers"

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Re: Pathfinder's Daily Journal

Postby Spider Man » Sat Sep 03, 2016 10:09 pm

Thanks Path.. :-bd :-bd

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Re: Pathfinder's Daily Journal

Postby SHARK » Sat Sep 03, 2016 10:15 pm

Welcome PF......

Good to see you around in TEC.
Thank You.
Price is what you pay. Value is what you get.”

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Re: Pathfinder's Daily Journal

Postby PAT » Sun Sep 04, 2016 12:00 am

Thanks PF, good work........
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Without compromising your ability to Live Tomorrow……… :)

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Re: Pathfinder's Daily Journal

Postby future123 » Sun Sep 04, 2016 12:07 am

Thanks Path. Happy to see you here.

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Re: Pathfinder Journal

Postby stocks hunter » Sun Sep 04, 2016 8:14 am

Hello there path.... After a very long time. Good to see you in TEC...... The best online forum for share trading in SL with no garbage inside.

:-h

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Re: Pathfinder Journal

Postby GB » Sun Sep 04, 2016 9:43 am

Thanks Path..

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Re: Pathfinder Journal

Postby topcat » Sun Sep 04, 2016 10:14 am

pf can you say how you track the volume? are you using any indicator for that? or just see the volume number?
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Re: Pathfinder Journal

Postby SHARK » Sun Sep 04, 2016 12:18 pm

topcat wrote:pf can you say how you track the volume? are you using any indicator for that? or just see the volume number?


There is indicator by default.
Its important for break outs :ymdaydream:
Price is what you pay. Value is what you get.”

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Re: Pathfinder Journal

Postby PATHFINDER » Sun Sep 04, 2016 5:48 pm

Thanks all for encouraging words :ymhug:


topcat wrote:pf can you say how you track the volume? are you using any indicator for that? or just see the volume number?


Volume number alone is enough to get a good idea.There are good indicators also.
Last edited by PATHFINDER on Sun Sep 04, 2016 6:37 pm, edited 1 time in total.
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Pathfinder Journal

Postby SHARK » Sun Sep 04, 2016 6:23 pm

We are opening a separate journal for PF in order to keep a track of his day to day journals :D
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Re: Pathfinder Journal

Postby topcat » Sun Sep 04, 2016 6:26 pm

thanks pf
"Keep winners, Sell loosers"

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Re: Pathfinder Journal

Postby topcat » Sun Sep 04, 2016 6:31 pm

shark what happen here? merge the topic?
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Re: Pathfinder Journal

Postby PATHFINDER » Sun Sep 04, 2016 6:49 pm

:ymhug:
Last edited by PATHFINDER on Sun Sep 04, 2016 8:43 pm, edited 1 time in total.
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Re: Pathfinder Journal

Postby ck+ » Sun Sep 04, 2016 7:10 pm

Thanks path.

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Re: Pathfinder Journal

Postby newer1 » Sun Sep 04, 2016 7:12 pm

Thnks so much pf to starting such a thread.
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Re: Pathfinder Journal

Postby newer1 » Sun Sep 04, 2016 7:17 pm

Could u please explain best way to screen shares having Impending rally out of 240 shares?
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Re: Pathfinder's Daily Journal

Postby nis2010 » Sun Sep 04, 2016 7:17 pm

:ymapplause: :ymapplause: :ymapplause: :ymapplause: :ymapplause: thanks PF

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Re: Re: Pathfinder's Daily Journal

Postby SHARK » Sun Sep 04, 2016 7:42 pm

Made the topic Global for greater coverage :D
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Re: Re: Pathfinder's Daily Journal

Postby topcat » Sun Sep 04, 2016 7:45 pm

good idea shark.forum going well with great energy \m/
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Re: Pathfinder's Daily Journal

Postby PATHFINDER » Sun Sep 04, 2016 8:35 pm

Thanks Shark
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