6 Ta Class-Divergence

Vol.
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FORMATIONS
DIVERGENCE & FORMATIONS
TECHNICAL Analysis
From the desk of
Trading venKEY
Friend …………………….
DIVERGENCE
Hyderabad-AP
Trend Advisor INDIA Dynamic Subject Logical Thinking towards Price Action
c e S t o ry y
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forex2tradeindia
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venKEY B e g in Email : - forex2tradeindia@yahoo.com 1
B
Technical Analysis - Finding Price Action
Vol.6
INDICATORS & Confirmation
Symptoms (on CHART)
Believe in Charts
• Support & Resistance (MA)
• Moving Averages
• Bollinger Bonds
Divergence • Parabolic SAR
• Pivot Points
• Fibonacci
Regular Confirmation
Divergence
& Divergence
• RSI
• Stochastic
• MACD
• CCI, ADL
Advanced Confirmations
Formation &
. Divergence : Price Vs.Osc.

Formation
. Formations -Stochastic.
• Patterns in – RSI
• ADX
Considerations :
• Demand-Supply
• Patterns formation
• News in Force
• Type of Markets
venKEY • Traders Emotion
2
Oscillators & Divergence
Price Line vs. Oscillators
BULLISH Divergence BEARISH Divergence
TYPE - 1 TYPE - 2 TYPE - 1 TYPE - 2

Price line make Price line make Price line make Price line make
Lower Tops & Lower Tops & Higher Tops& Higher Tops &
Lower Bottoms Lower Bottoms Higher Bottoms Higher Bottoms
Oscillators make Oscillators make
Higher Top and Oscillators make Lower Top and Oscillators make
Higher Bottom Double Bottom Higher Top Double Top
DIVERGENCE
DIVERGENCE
after some rally after some rally after some rally after some rally
NOTE
DIVERGENCE - Alexander Wale
Oscillators are suppose to
be known as an advance
indicator. Class - A Class - B Class - C
Apart from define This occurs when a Price line making Price line reach a new
OVER BOUGT and
OVER SOLD conditions. Price Line reach to double top or double high, oscillator will not
it also creates Divergence new high, bottom, move..
with the price line. but oscillator reach a but Oscillator makes (rare… if it found… like
lower high.. lower tops or higher Class-A trade comes)…
Oscillator also helps
trader to catch the then it did on a bottoms. Negativity of which has not much
momentum WITH IN previous rally the running trend importance according to
THE TREND. Alexander elder also.
venKEY 3
DIVERGENCE VIDEO
DIVERGENCE http://offer.iticsoftware.co
m/divergence-indicators
CLASS - A
BULLISH BEARISH
Formations-Stochastic
BULLISH CLASS - B BEARISH
CLASS - C
It has no Technical Importance (which are similar to CLASS-A) just comes after struggling with same pattern
venKEY 4
STOCHASTICS
George STOCHASTIC made up of 2 lines.
-1 Lane 1) % K is a SOLID (Stochastic line)
2) %D is a DOTTED line (Signal Line)
Relative Position of this 2 lines deliver “BUY /
SELL” Signals as the case may be
Stochastic is plotted on a vertical scale where
Below 20 – Over Sold zone
Above 80 - Over Bought zone
BUY/ SELL signals:
%K and %D only above20 - Bullish signal

%K and %D only below 80 – Bearish signal.
In a perfect Bullish Momentum

Stochastic Fast plots the location of the current price in
K% will be greater than %D
relation to the range of a certain number of prior bars
(dependent upon user-input, usually 14-periods)
CALCULATION :
Fast Stochastic :
Fast %K: [(Close - Low) / (High - Low)] x 100]
Fast %D: Simple moving average of Fast K (usually 3-
period moving average)
TOPICs
Stochastics Fast & Slow Slow Stochastic :
Stochastic Buy & Sell Signals
Stochastic Price Divergences Slow %K: Equal to Fast %D (i.e. 3-period MA of Fast %K)
FAST stochastic Slow %D: A MA(again, usually 3-period) of Slow %K
Stochastic Slow is similar in calculation and interpretation

to Stochastic Fast.
C lose= Closing Price of today
Low = Lowest Price for the N=5 days
venKEY High = Highest Price for the N=5 days. 5
venKEY
STOCHASTICS (Formations)
-2
6
venKEY
STOCHASTICS (Formations)
-3
7
STOCHASTICS (Formations) -3
Stochastic Oscillator (61.9701) 95

90
85
80
75
70
65
60
55
50
45
40
35
30
25
20
15
10
Dead Cat Bounces 5
0
RELIANCE CAPITAL (487.150, 506.000, 487.150, 503.300, +18.2500) 900
850
800
Price Fall
750
Price Fall 700
650
600
550
500
450
400
25 1 8 15 22 29 6 13 20 27 3 10 17 24 31 7 14 21 28 7 14 21
November December 2011 February March
Stochastic Oscillator (18.7808)

100
95
90
V shape 85
Stochastic Oscillator (82.4129)
@ over bought 80
75
95
90
zone 70
85
80
65 75
60 70
65
55
60
50 55
45 Knee 50
45
40 Formation 40
35 35
30 30
25
25 20
20 15
15 10
5
* S&P CNX NIFTY (5,382.00, 5,608.20, 5,373.55, 5,531.00, +197.750) 0
6500
TATA COFFEE (680.200, 799.000, 680.200, 759.850, +88.0500)
6000 800
5500 750
5000
700
4500
650
4000
Entry price
3500 600
Rally did in Nifty 3000

Bull rally 550
after V shape 2500

500
@ over bought 2000
1500 450
1000 20 27 3 10 17 24 31 7 14 21 28 7 14 21
2011 February March
2004 2005 2006 2007 2008 2009 2010 2011 2012
venKEY 8
RSI
Wales Walder
(Trading Methods) -1 (1974)
RSI plotted on vertical scale with

0-30 is Over Sold
30-70 is Neutral Zone
50 Range : Support / Resistance
70-100 is over Bought
1. TRENDLINE application
2. PATTERN identification
3. DIVERGENCE
Methods
RSI -- Trade Methods
4. Failure SWING
5. RSI-50 Support
6. Advance BREAK OUT/DOWN
1. Trend line Application:

- Trader can apply Trend line in RSI.
Only this Oscillator where one can draw\Trend Line to analyze the strength of the existing trend.
RSI
-
- It is an amazing features of the RSI that it deliver Prior/Advance Signal than the price line.
- RSI used to penetrates or violate trend line before 2-3 trading sessions than the price line.
X-days preferred by trader
Alert us to : Walder suggested 14 days )
- Exit your holding/current position
X= 7 days new days works well
- Wait for break of trend line in price as present day market
venKEY - As it is a prior indication- close positions and wait for trend-break movement become higher. 9
RSI (Trading Methods) -1
2. Pattern Identification:
Trader can identify some patterns which appears in
the Price chart and which give advance/prior
indication of breakage of trend lines.
Mostly we can find

1) Head and Shoulders/
2) Inverted Head & shoulder.
It is used to deliver prior signal than the price line.
Methods
Trader have just confirm VOLUME action before

entering into trade.
RSI
3. Divergence:
It is made up of 3 tops and 3 bottoms.
See…following chart
venKEY 10
RSI (Trading Methods) -2
4. Failure Swing :
It has described as 2 types
Top failure swing (Bearish):
1st top is placed above 70 and 2nd top is
placed below 70 ( if appears on the top
of the chart after a prolonged rally
indicates that the Rally is over.
Bottom Failure Swing (Bullish)

1st Bottom placed before 30 and 2nd top
placed above 30 (if appears on bottom
Methods
of the chart after prolonged down trend 5. RSI @ 50 Levels:

indicates bottom-out) It should look-out at 14 and above
days(follow strictly).
This is the acts as Strong Supports and
resistance of a rally as the case may
me.
It is to be checked after a long rally for
advance information. indicates bottom-
RSI
out)
6. Advance Break-out/down
IN case of the advance breakout price unable to cross its last established higher tops but RSI
able to cross its Last established Tops. Before going long Trader should examine the liquidity of
the said underline.
In advance break-down is reverse to the above and Where liquidity has no importance
venKEY 11
1) Advance trend following indicator
ADX – Direction Index 2) Measures the maturity level of the existing trend.
3) Based on BAR-CHART.
Wales Walder (1974)
ADX calculation Stages Why ADX is Powerful

System
Direction System
Direction
venKEY 12
Direction
Direction System
System
venKEY
ADX
ADX – Direction Index
ADX
ADX Trading IDEAS
13
DIVERGENC Average Directional Index(ADX)-1
E To identify TREND (great compliment to other Indicators)
ADX Average Directional Index
The Average Directional Movement Index (ADX) technical
analysis indicator describes when a market is trending or not
trending. When combined with the DMI+ plus and DMI- minus
(see: DMI) the ADX can generate buy and sell signals.
However, the main purpose of the ADX is to determine
whether a stock, future, or currency pair is trending or is in a
trading range. Determining which mode a market is in is

helpful because it can guide a trader to which other technical
analysis indicators to use.
DIVERGENCE
DIVERGENCE
ADX
ADX Shows
Shows Trend
Trend Strength
Strength
The
The first
first concept
concept to
to remember
remember is is that the
that the direction
direction that
that the
the ADX
ADX moves
moves doesn't
doesn't depend
depend upon
upon the
the direction
direction of
of the
the underlying
underlying stock.
stock.
All
All the
the ADX
ADX shows
shows isis the
the trend
trend strength.
strength.
Strong
Strong upward
upward trend of
trend of stock
stock = Increasing
= Increasing ADX
ADX andand Strong
Strong downward
downward trend = Increasing
trend = Increasing ADX
ADX (can
(can be
be identified
identified on
on the
the above
above chart)
chart)
When
When the
the e-mini
e-mini futures
futures contract
contract moved
moved into
into aa non-directional
non-directional consolidation
consolidation phase,
phase, the
the ADX
ADX decreased.
decreased.
The
The ADX
ADX is is so
so popular
popular because
because determining
determining whether
whether aa stock,
stock, commodity,
commodity, or or currency
currency market
market is is trending
trending or
or not
not trending
trending can
can help
help aa trader
trader avoid
avoid the
the pitfalls
pitfalls of
of some
some
indicators.
indicators.
Moving
Moving Averages
Averages
Moving
Moving averages and
averages and their
their variants
variants are effective
are effective during
during trending
trending markets;
markets; however,
however, during
during consolidation
consolidation periods
periods when
when prices
prices go
go up
up and
and down,
down, but
but in
in no
no direction,
direction, moving
moving
average
average indicators have a tendency to give numerous false buy and sell signals that add up to trading losses. During trending markets, use moving averages, trendlines,
indicators have a tendency to give numerous false buy and sell signals that add up to trading losses. During trending markets, use moving averages, trendlines, and
and
other
other trend
trend following
following technical
technical indicators.
indicators.
Oscillators
Oscillators
Oscillators
Oscillators are
are extremely effective
extremely effective inin non-trending
non-trending markets.
markets. Buying
Buying lowlow and
and selling
selling high
high is
is accomplished
accomplished quite
quite readily
readily with
with oscillators.
oscillators. Unfortunately,
Unfortunately, during
during trending
trending
markets,
markets, oscillators
oscillators perform
perform quite
quite poorly,
poorly, often
often selling
selling short
short during
during aa bull
bull market
market run
run or
or buying
buying during
during aa bear
bear market
market downtrend,
downtrend, adding
adding up
up to
to large
large losses.
losses. For
For periods
periods of
of
non-trending,
non-trending, use
use oscillators
oscillators like Stochastic
like Stochastic Fast
Fast &
& Slow,RSI,
Slow,RSI, or Williams
or Williams %R and
%R and other
other range-bound
range-bound indicators
indicators like Bollinger
like Bollinger Bands or Moving
Bands or Moving Average
Average Envelopes.
Envelopes.
venKEY 14
DIVERGENC Accumulation & Distribution
E Detect Divergence between Price & Volume movement
Accumulation Distribution uses volume to confirm price trends or warn of weak movements that could result in
a price reversal.
Accumulation: Volume is considered to be accumulated when the day's close is higher than the previous day's
closing price. Thus the term "accumulation day"
Distribution: Volume is distributed when the day's close is lower than the previous day's closing price. Many
www.forex2tradeindia.weebly.com0
traders use the term "distribution day"

Therefore, when a day is an accumulation day, the day's volume is added to the previous day's Accumulation
Distribution Line. Similarly, when a day is a distribution day, the day's volume is subtracted from the previous
day's Accumulation Distribution Line.
The main use of the Accumulation Distribution Line is to detect divergences between the price movement
and volume movement.
Volume Interpretation
DIVERGENCE
DIVERGENCE
must:
Increasing and
decreasing prices are
confirmed by increasing
volume.
Increasing and decreasing
prices are not confirmed and
warn of future trouble when
volume is decreasing.
Finally, Accumulation Distribution Line is a very effective tool to confirm price action and show warnings of potential price reversals. It is important
to incorporate volume into price analysis, and the Accumulation Distribution Line is one of many indicators to do just this. Other indicators that include
price and volume analysis and could be considered more accurate than the Accumulation Distribution Line include the Chaikin Oscillator Money Flow
venKEY Index ,Price Volume Trend indicator 15
DIVERGENC Accumulative Swing Index(ASI)
E Divergence Confirming Tool –(Welles Wilder)
Buy Signal - Accumulative Swing Index

Buy when Accumulative Swing Index breaks
above a downward trendline or, in a price
consolidation period, above resistance.
Sell Signal - Accumulative Swing Index

Sell when the Accumulative Swing Index
breaks below an upward trendline or, in a
price consolidation period, below support.
DIVERGENCE
DIVERGENCE
Accumulative Swing Index as a Can be used for buy and sell

Confirmation Tool signals as well.
Accumulative Swing Index confirmed In summary, the It was designed to be used for
Gold's downtrend. Subsequently, when Accumulative Swing Index futures trading, but can be used for
Gold broke the downward trend-line, is best used as a stock trading and currency trading
the Accumulative Swing Index confirmation tool with other too.
confirmed the trend-line break as well. technical indicators and The Accumulative Swing Index is a
Similarly, the upward move in the Gold charting patterns (see: running total of the Swing Index
futures contract was confirmed by the Support & Resistance). (see: Swing Index).
Accumulative Swing Index and the
upward trendline break was confirmed
too.
venKEY 16
DIVERGENC Advance – Decline Line (ADL)
E To identify the INDEX trading point of view
High
High #1#1 to to High
High #2#2
The
The mini-Dow
mini-Dow future future contract
contract made
made aa higher
higher high
high at
at High
High #2;
#2; however,
however, thethe Advance
Advance Decline
Decline Line
Line
failed
failed to
to make
make aa newer
newer high,
high, in
in fact
fact it
it made
made aa lower
lower low.
low. At
At High
High #2,#2, less
less stocks
stocks were
were participating
participating
in
in the
the rally;
rally; thus,
thus, there
there was
was less
less strength
strength behind
behind thethe rally
rally in
in the
the Dow
Dow Jones
Jones Industrial
Industrial Average.
Average. This
This
failure
failure ofof the
the Advance
Advance Decline
Decline Line
Line signaled
signaled aa strong
strong bearish
bearish divergence.
divergence.
High
High #2#2 to to High
High #3#3
This
This is
is an
an example
example of of the
the Advance
Advance Decline
Decline Line
Line confirming
confirming thethe trend
trend in
in price
price of
of the
the mini-Dow
mini-Dow
future.
future. The
The mini-Dow
mini-Dow future
future made
made lower
lower highs
highs and
and likewise,
likewise, thethe Advance
Advance Decline
Decline Ratio
Ratio made
made lower
lower
highs.
highs.
Low
Low #1#1 to to Low
Low #2 #2
Yet
Yet another
another bearish
bearish divergence
divergence occured
occured from
from LowLow #1#1 to
to Low
Low #2.#2. The
The mini-Dow
mini-Dow futures
futures contract
contract
made
made aa higher
higher low,
low, an
an acknowledged
acknowledged bullish
bullish sign.
sign. However,
However, the the Advance
Advance Decline
Decline Line
Line did
did not
not
confirm
confirm the the mini-Dow
mini-Dow future's
future's ascent.
ascent. InIn fact,
fact, during
during the
the entire
entire rally
rally of
of the
the mini-Dow
mini-Dow fromfrom Low
Low #1#1
to
to Low
Low #2, #2, the
the Advance
Advance Decline
Decline Line
Line was
was making
making lower
lower lows.
lows. This
This bearish
bearish divergence
divergence signaled
signaled that
that
stock
stock investors
investors and and index
index futures
futures traders
traders should
should be be wary
wary of
of the
the recent
recent increases;
increases; the
the market
market as
as aa
whole
whole is is not
not behind
behind the
the recent
recent move
move higher.
higher.
In
In conclusion,
conclusion, the the Advance
Advance Decline
Decline Line
Line isis aa very
very effective
effective tool
tool to confirm
to confirm price
price action in
action in stocks
stocks
and
and stock
stock indexes
indexes asas well
well as signaling
as signaling potential
potential reversals
reversals oror weak
weak price
price moves.
moves. Another
Another similar
similar
indicator
indicator is is the
the Arms
Arms Index
Index
DIVERGENCE
DIVERGENCE
The Advance Decline Line is used primarily to confirm price movement and detect divergences. The calculation of the Advance Decline
Line is quite simple:
The calculated number is then added to the previous day's Advance Decline Line. To illustrate, say that todays advancing issues ($ADV or
$NYADV) is 1,692 stocks. That is 1,692 stocks closed the day with an increase in their share price. The declining issues ($DECL or
$NYDEC) is 1,311. At the NYSE, 1,311 closed the day with a decrease in their share price.
1,692 - 1,311 = +381
For the day, 381 more stocks closed the day higher than closed the day lower. This is a bullish sign. To continue the example, yesterday's
Advance Decline Line totaled 45,874. Today's reading of +381 would be added to the total of yesterday. This would result in an updated
total of 46,255.
Whether the total is positive or negative is irrelevant; what is relevant is the direction or the trend of the Advance Decline Line. An
increasing Advance Decline Line is bullish because more stocks at the NYSE are closing the day with gains; whereas a decreasing
Advance Decline Line is bearish because more stocks are closing the day with losses.
The Advance Decline Line is a powerful confirmation tool and divergence warning tool. The chart of the mini-Dow future contract of the
Dow Jones Industrial Average or Dow 30 represents these confirmation and divergence signals:
venKEY 17
If you are working for someone, you obviously cannot do scalping and day trading. These two
Important types of trading requires full concentration throughout the trading period. You will start your
day an hour before the markets open.
Then you will need to find opportunities and once you are in, you will need to monitor them
second by second and minutes by minutes.
How To Choose Correct Trading Style:
If there is one important wisdom about trading, it Guerrilla Trading is also not suitable for someone having a job because you need to look at
is that you must choose the correct trading style some intraday charts as well. You will buy the stock today and perhaps sell it tomorrow
that suits you. Choosing the wrong type of trading morning. You will need to be in front of your computer at times.
is one of the reasons why people lose money. As The best type of trading for those who have a job is swing trading, momentum trading and
mentioned in the previous article, there are 6 types position trading. These type of trades hold position more than 2 days.
of trading styles. They are:
You don't need to make intraday decisions. You will work primarily from daily and weekly
Scalping charts. You can make your decisions after the market closes. Once you have identified a trade,
Day Trading you can input a buy order and leave it with your broker.
Guerrilla Trading Once, the buy setup is triggered, your broker will automatically purchase the stocks for you.
Swing Trading The same thing goes for selling and setting stop losses.
Momentum Trading
Position Trading Your
Your personality
personality
The next important thing to consider when deciding which trading styles to choose is your own
The first 2 involves you being in the market one
DIVERGENCE
personality. Are you someone who can't pay long attention to the computer all day? Are you
DIVERGENCE
day. You will not hold any positions overnight. someone who don't like to wait too long to find trading opportunities?
The other 4 requires you to hold stocks for more If you are someone who don't have the discipline and concentration to sit in front of the
than
than aa day.
day. computer for long periods of time, then day trading is not for you.
If you are someone who wants lots of action and can't wait to get into the market, then position
Time constraints trading
trading which
which covers
covers weeks
weeks and
and months
months isis not
not for
for you.
you.
One of the factors to help you determine which
trading style is suitable for you is Time Choosing the right style will mean success or failure
Constraints. Do you have a job? Or are you your You can't force yourself to be something that you can't be. Trading is the same. You need to find
own boss? something that suits you. For me, I cannot do day trading. I'm not really good at it. I will only
take day trades occasionally. I prefer swing, momentum and position trades.
I like to make decisions slowly. Think through it. I also like the freedom to be away from the
computer for a day or two without constantly needing to check my computer screen. That way, I
can go on a holiday for a week or two and still make money. All I need is 5 min to check on my
trades now and then to change my stops or take partial or full profits.
You need to find a trading style that can fit into your time and that is comfortable to your
personality.
You are at Foundation Level of the Stephen Loke Trading Course and have finished "How To
Choose The Correct Trading Style".
venKEY 18
Popular Words in Tech. Analysis
A L T
Adaptive Moving Average Linear Regression Channel Time Series Forecast
Average Directional Movement Index (A Linear Regression Curve Triangular Moving Average
DX) Linear Regression Line Triple Exponential Average (TRIX)
Andrews Pitchfork M Typical Price (Pivot Point) Moving Average
Arms Index (TRIN) Moving Average Convergence Divergence ( U
Aroon Indicator and Oscillator MACD) Ulcer Index
B Moving Averages Ultimate Oscillator
Bollinger Bands Market Thrust V
C Mass Index VIX & VXN Volatility Index

Chaikin Oscillator McClellan Oscillator Volatility Indicator
Commodity Channel Index (CCI) Momentum Volume
Commodity Select Index Money Flow Index (MFI) Volume Accumulation
D Moving Average Envelopes Volume Oscillator
Detrended Price Oscillator O Volume Rate of Change
Directional Movement Index (DMI) On Balance Volume (OBV) W
E Open Interest Weighted Moving Average
Ease of Movement P Williams %R
Elliott Wave Parabolic SAR Z
Exponential Moving Average (EMA) Point and Figure Charting Zig Zag
Exponential Ribbons Price Channels
F Price Oscillator
Fibonacci Retracements Price Volume Trend
Fibonacci Arcs R
Fibonacci Fans Rate of Change
Fibonacci Time Extensions Relative Strength Index (RSI)
G S
Gann Theory Simple Moving Average
H Standard Error Bands
Herrick Payoff Index Stochastic RSI
K Stochastics Fast and Slow
Keltner Channel Swing Index
19
Calculators
Fibonacci Calculator
Forex Calender :
http://www.babypips.com/tools/forex-calc
ulators/ http://www.babypips.com/tools/forex-cale
ndar/
Pip Value Calculator

ulators/pipvalue.php
Pivot Point Calculator

ulators/pivotpoint.php
Positiona Size Calculator :

ulators/positionsize.php
Risk: Rewqrd Calculator :

ulators/riskreward.php
hp
Currency Converter :
http://www.babypips.com/tools/currency-c
onverter/
Compare Forex Brokers :

http://www.babypips.com/tools/forex-brok
ers-guide/compare.php
20
Relevant Other Information
 Entry, Tgt. & Sl. Fixing
 Various BUY/SELL indicators
& Oscillators
 Trading Strategies
 Trade Vs. Capital Management
 Investment Types & Decision
Points
"
SMILE L
- IA
E -N RUC
" TIM E TWO C LIFE .
TH
ET ROUR E
AR NGS IN ES, TIM LE
INDEX
TH I I M MI
S O ME T RGET S
" FO
A K ES US
M ES
AND OME ON T
S S FORGE
T IME S
SOME MAKE U "
E
SMIL TIME
21
Human & Relations vs. Technical Analysis
Human Activity Technical Activity
Life Analysis
Myself/ 1) Physical Strength Candlestick 1) Identification
2) Gender specification 2) Color
Spouse/ 3) Habits 3) Strengthening/Weak
Children 4) Present Mood / Mood @ time 4) Division of Strength
Parents 1) Heredity Charts 1) History

2) Education 2) Price Action
3) Health 3) Health of the stock
Friends 1) Well wishers

2) Helps when in need
Trends 1) Helps for Profit
2) Helps in Decision
INDEX
Figures 1) Attracts but not give a Good Look at Trading with 1) Nos. looks attractive
us. 2) We don’t know its relative
2) If they have brother ? Nos information
Relatives 1) Often visit to us

2) They bring Gifts
Patterns 1) Often Come
2) Give Good Profits
Gurus / 1) Advice way to Live Divergence 1) Show the difference
Advisors
Doctor 1) Health Care
2) Stability
Moving 1) Strength of the Stock
Averages
venKEYs point of view 22

6 Ta Class-Divergence

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Vol.

. Divergence : Price Vs.Osc.

BULLISH Divergence BEARISH Divergence

TYPE - 1 TYPE - 2 TYPE - 1 TYPE - 2

BULLISH CLASS - B BEARISH

BUY/ SELL signals:

%K and %D only above20 - Bullish signal

In a perfect Bullish Momentum

Stochastic Slow is similar in calculation and interpretation

Stochastic Oscillator (61.9701) 95

Price Fall 700

Stochastic Oscillator (18.7808)

Rally did in Nifty 3000

after V shape 2500

2004 2005 2006 2007 2008 2009 2010 2011 2012

RSI plotted on vertical scale with

1. Trend line Application:

Mostly we can find

Trader have just confirm VOLUME action before

indicates that the Rally is over.

Bottom Failure Swing (Bullish)

of the chart after prolonged down trend 5. RSI @ 50 Levels:

ADX calculation Stages Why ADX is Powerful

trading range. Determining which mode a market is in is

traders use the term "distribution day"

Buy Signal - Accumulative Swing Index

Sell Signal - Accumulative Swing Index

Accumulative Swing Index as a Can be used for buy and sell

C Mass Index VIX & VXN Volatility Index

Pip Value Calculator

Pivot Point Calculator

Positiona Size Calculator :

Risk: Rewqrd Calculator :

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Parents 1) Heredity Charts 1) History

Friends 1) Well wishers

Relatives 1) Often visit to us

Gurus / 1) Advice way to Live Divergence 1) Show the difference

venKEYs point of view 22

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