Technical analysis for beginners

[007]

From the beginning i avoid the technical analysis because of
1)lack of scientific explanation
2)usage of technical jargon
when i found charts are the only available way to read the psychology of investor. i start learning charts and still learning. hope to share some without jargon with logic. i invite all TA expert to share there favorite tool in a simple way

likes to start with the simple tactic i used to predict the total turnover of cse
cse is opened for 5 hours a day so if you notice 400 million turnover during the 1st hour of trading you can put the math to predict the total turnover 5*400=2000 million=2 billion as a common sens actually dont expect the exact number give some space for fluctuation. this tactics can be used to predict the stocks volume as well what is the point in knowing the traded volume in advance how to use them to get the specific entry point

update later

[007]

i take the APLA to illustrate as its show the strong characteristic of SEPA candidate both fundamentally and technically
(SEPA) specific point entry analysis dont worry about the elliott wave actually what we needs to know is what we looking for is base formation as i showed in the blue line APLA formed the value contraction pattern(VCP) dont worry about the vcp at the move ment.as its formed the base we have watch full for the potential breakout look for the turnover most of the time stocks break out with big turnover.if you notice the abnormal turnover during the starting hours of cse but the math to calculate the turnover of the day if it is above average daily turnover of the stock place the buy order at the same day in the above example on 9th aug let assume you catch it at 210 APLA go up to 230 on the same day if u wish u can sell it with small gain but the best part is yet to come

[spw19721]

thank you seven. Keep going !!!

[pure equity]

thank you

[pjrngroup]

Thank you very much Mr or Mrs 007, keep going , interesting.

[lanka]

Thank you, dear 007

A Good start..

[007]

What will be the today's total turn over any one give it a try

[Yin-Yang]

What will be the today's total turn over any one give it a try

I tell what you think;

250*5 mil = 2.5 Billion

Correct ?

[lanka]

340Mn for 2hrs, Then for 5 hrs = 850Mn = 1 Billion

[007]

340Mn for 2hrs, Then for 5 hrs = 850Mn = 1 Billion

Not a bad tactic isn't it nowadays I am not motivated to write .i just write something because of people's interest

As most technical analyst says "we are not try to predict the future we just try to tells the probability"

[Backstage]

Keep it up 007. We are listening.

[jehovah]

thank you 007