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Technical Analysis 101 : NSE - Eliminate Guesswork when trading shares
Rank: Chief Joined: 8/4/2010 Posts: 8,977
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So we have other TA fans in the house apart from the usual suspects  $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Member Joined: 2/18/2011 Posts: 448
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hisah wrote:So we have other TA fans in the house apart from the usual suspects @hisah, I believe adequate knowledge of TA is fundamental in navigating through NSE as its sometimes quite an irrational marketplace.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB I will do some research over the weekend post my thoughts next week. Meanwhile i just made a cheque to my broker strictly for trading purposes. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Life is short. Live passionately.
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:[quote=mibbz]Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. [color=darkblue]Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the week Glory John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Rank: New-farer Joined: 5/22/2014 Posts: 78
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Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana IMO, there's no correct or wrong trading method in whichever market. Just have your strategy right..
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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mugo2of3 wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana IMO, there's no correct or wrong trading method in whichever market. Just have your strategy right.. Correct method makes money, wrong method loses money. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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sparkly wrote:mugo2of3 wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana IMO, there's no correct or wrong trading method in whichever market. Just have your strategy right.. Correct method makes money, wrong method loses money. this can be quote of the year The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Aguytrying wrote:sparkly wrote:mugo2of3 wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana IMO, there's no correct or wrong trading method in whichever market. Just have your strategy right.. Correct method makes money, wrong method loses money. this can be quote of the year I agree.... possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Spikes wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:[quote=mibbz]Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. [color=darkblue]Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the week Glory Kengen on a sprint, now at 6.40. Life is short. Live passionately.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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sparkly wrote:Spikes wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:[quote=mibbz]Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. [color=darkblue]Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the week Glory Kengen on a sprint, now at 6.40. 6.50 prints, demand still strong. Life is short. Live passionately.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@sparkly. Good start. Beginners luck? A win is a win. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger.$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Life is short. Live passionately.
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Rank: Member Joined: 1/3/2014 Posts: 257
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sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... possunt quia posse videntur
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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maka wrote:snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... Greed and fear. Fearing to buy when price is low, not wanting to sell when making profit, holding out for higher returns (greed). That's why trading is soo hard the emotions The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/20/2015 Posts: 2,811 Location: Mombasa
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Aguytrying wrote:maka wrote:snipermnoma wrote:sparkly wrote:hisah wrote:hisah wrote:sparkly wrote:Aguytrying wrote:Othelo wrote:mibbz wrote:Interesting to see the debate on TA with a focus on Safaricom 5 years ago!
@sparkly perhaps you could share some insights on counters you see meeting the criteria. I am caught in between trying out the almost penny stocks for 10-15% gains vs the more established but somehow still sliding/stagnating counters like Britam and KCB Currently doing this specifically on ADSS. But requires daily following to establish points of exhaustions at both ends. Then also make exit point which you MUST leave regardless to avoid greed. Maintain your initial capital and dont reinvest gains out of the speculation trades - use this for other serious investments. Stop loss - 15%. I just have a simple question, how much percentage growth did you (and other speculators) make last year by using this method? This need of constant activity in the market comes at a great price. Speculating is one step forward and two step back. MOST success is in a rising bull market. Bear market? Mutachomeka sana Bought some 6,000 of Kengen at 5.5 - 6.00. Intend to add more at that range next week. Playing the weekly hammer candle? Kool. May swing to 7 - 7.50 level. But I'm mean with cash this time. Still out of NSE as I focus on global markets. Btw also have a look at BBK on the weekly hammer candle. @sparkly, the rally has played out nicely Now approaching resistance zones. Get ready to pull the sell trigger. I see a trade at 6.85/=. Supply is flooding in. I am watching keenly if demand will rise to match the supply Indeed, watch for the demand so as to decide on the next move whether to hold or sell. missed this one...crap to hesitant...5.85 to 6.58 would give you 13.45% net I would sell and wait for the next ride...NBK @ 16 pre results then off load later on at around 19 or 21 if you are too ambitious.... Greed and fear. Fearing to buy when price is low, not wanting to sell when making profit, holding out for higher returns (greed). That's why trading is soo hard the emotions Greeeeeeeed is the driving force of Securities Exchange. John 5:17 But Jesus replied, “My Father is always working, and so am I.”
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Technical Analysis 101 : NSE - Eliminate Guesswork when trading shares
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