I will do either
1.Monthly RSI near 40 ( presently 58)..Did nearly 20 yr backtesting
Or
2 A close above 17350 ( monthly)..This will confirm HH Structure
Levels r as of now
More from Discipline TrendFollower😀
Pl find enclosed a general FAQ prepared earlier & I hope it could be useful
Any query is welcome
#trendfollowing
I have tried to prepare (best of my knowledge) a small FAQ on Trendfollowing. For more details you may read https://t.co/E5JE81huNA by @Covel
— Discipline TrendFollower\U0001f600 (@SouravSenguptaI) July 12, 2020
Also liberty of tagging @WeekendInvestng
& @Trendmyfriends whome, I consider as best TF in India
Slightly length..But do read it
Thanks brother for this & sharing it in public domain.
👍👍
As informed, this thread contains the #ChartinkScanners on the basis of which the traders can select stocks for their watchlist to trade. But nowhere is a Buy/Sell/Hold reco list. Pls Retweet for max reach. https://t.co/ezl0XffNbU
— H@\u20b9i$H \U0001f1ee\U0001f1f3 (@harrie007) June 26, 2020
As per classical tech analysis
Whenever daily RSI starts trading above weekly RSI. Consider it as short term bottom
When weekly RSI, above monthly RSI midium term bottom
Now daily RSI 30
Weekly 37
Monthly 59
@bankniftydoctor ..RSI king.view pl
I will do either
— Discipline TrendFollower\U0001f600 (@SouravSenguptaI) March 7, 2022
1.Monthly RSI near 40 ( presently 58)..Did nearly 20 yr backtesting
Or
2 A close above 17350 ( monthly)..This will confirm HH Structure
Levels r as of now
More from Screeners
Fresh case - RUPA https://t.co/nqq5nI1wLU
Respect your stop losses in the stocks that have gone down today with heavy volumes even on a strong day.
— The_Chartist \U0001f4c8 (@charts_zone) March 17, 2022
VTL pic.twitter.com/3pJ9XngCDL
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Ironies of Luck https://t.co/5BPWGbAxFi
— Morgan Housel (@morganhousel) March 14, 2018
"Luck is the flip side of risk. They are mirrored cousins, driven by the same thing: You are one person in a 7 billion player game, and the accidental impact of other people\u2019s actions can be more consequential than your own."
I’ve always felt that the luckiest people I know had a talent for recognizing circumstances, not of their own making, that were conducive to a favorable outcome and their ability to quickly take advantage of them.
In other words, dumb luck was just that, it required no awareness on the person’s part, whereas “smart” luck involved awareness followed by action before the circumstances changed.
So, was I “lucky” to be born when I was—nothing I had any control over—and that I came of age just as huge databases and computers were advancing to the point where I could use those tools to write “What Works on Wall Street?” Absolutely.
Was I lucky to start my stock market investments near the peak of interest rates which allowed me to spend the majority of my adult life in a falling rate environment? Yup.
I'll begin with the ancient history ... and it goes way back. Because modern humans - and before that, the ancestors of humans - almost certainly originated in Ethiopia. 🇪🇹 (sub-thread):
The famous \u201cLucy\u201d, an early ancestor of modern humans (Australopithecus) that lived 3.2 million years ago, and was discovered in 1974 in Ethiopia, displayed in the national museum in Addis Ababa \U0001f1ea\U0001f1f9 pic.twitter.com/N3oWqk1SW2
— Patrick Chovanec (@prchovanec) November 9, 2018
The first likely historical reference to Ethiopia is ancient Egyptian records of trade expeditions to the "Land of Punt" in search of gold, ebony, ivory, incense, and wild animals, starting in c 2500 BC 🇪🇹
Ethiopians themselves believe that the Queen of Sheba, who visited Israel's King Solomon in the Bible (c 950 BC), came from Ethiopia (not Yemen, as others believe). Here she is meeting Solomon in a stain-glassed window in Addis Ababa's Holy Trinity Church. 🇪🇹
References to the Queen of Sheba are everywhere in Ethiopia. The national airline's frequent flier miles are even called "ShebaMiles". 🇪🇹
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