Showing posts with label chart. Show all posts
Showing posts with label chart. Show all posts

Tuesday, April 16, 2024

interpretation of chart timelines

1 day tick chart=super trend

1 hour tick chart=trend (positional)

15min tick chart=trade (swing)*

5 min tick chart=time**

1 min tick chart=timing***


* indicates what trade is coming or is being played out

** best for trade trigger

*** for exact timing

every lower chart is the advisor of the higher chart
every higher chart is the guide and master of the lower chart

Thursday, December 17, 2020

the Eclipse

 i have jokingly nicknamed various charts as below (based on their timelines)


1 min tick chart=mangal

5 min tick chart=shukr

15 min tick chart=shani

1-hour tick chart=ketu

1-day tick chart=rahu

1-week tick chart=surya

1-month tick chart=brahaspati


i keep an eye on all charts albeit with different frequencies based on their timelines. eg i need to check mangal dasha every 1 hour or so while brahaspati needs monitoring once every quarter or so.


i have experienced that when 2 charts coincide, bigger moves happen. and when more than 2 coincide, tremors occur. the bigger the chart (planet) in the union, the more the magnitude.


in coming 2 weeks or so, mangal, shukr, shani and ketu all seem coming to the same square and rahu is dangerously close to the venue.


something is cooking....

Thursday, December 10, 2020

which timeline chart for which trading

for scalping....use 1-min tick chart

for day trading or overnight...use 5-min tick chart

for swing trading....use 15-min tick chart

for positional....use 1-hour tick chart

for long term holding....use 1-day tick chart

for investing...use 1-week tick chart

for hindustan motors like experience...use 1-month tick chart


you can use higher or lower timeline charts also for the same purpose but that may affect efficiency and effectiveness just like you can cut a tomato with a sword instead of a knife or use a spoon to fill a jug, but the same is not recommended

*tick=least count

*take trade only in the direction of the parent chart...eg 5 min chart is the parent of 1 min chart