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sibu3168

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Posts posted by sibu3168

  1. By accident, I've found a way to get all the vdo. First extract first 14 rar files. Then extract the last three rar files, i.e. 20, 21 and 22. In that process you will get session 1,2,3,4,5,9 & 10. After that you have to download, part 8,9,10,11 &12 of trduraikamaraj's post. Then rightclick on part 8 and extract. Although it will ask for previous volume, don't worry, it will extract those volume which are complete. In that process you will get session 6, 6a,7 & 8. But you have to download extra 700 mb. Any way you will get the entire material.
  2. Re: Help with a price pattern question

     

    Price action and price pattern are both different things. When a buyer & a seller agrees at a certain price level, a trade takes place. So every trade is a price action as it involves two different actions (i.e. buying and selling). Sometimes demand is so strong (whatever may be the reason - be it fundamental, insider news or anything else) that it pushes the prices to the higher level as people are willing to pay more prices. Similarly, sometimes supply was so strong that it pushes the prices to lower level. Sometimes, both buyer & seller are both confused but still don't want to let a trade miss as they think clarity will prevail after some time but in their favor. Again at each trade, a high level human psychology (sentiment) is involved. So after sometime, such type of psychology takes a definitive shape which is reflected in a series of trade i.e. price action. Such shapes are known as price patterns. Sometimes one has read those price patterns and gives some name like head & shoulder, flags, cup n handle etc. & sometimes one can't read those price patterns. So price action may not lead to a price pattern but a price pattern always emerges out of price action.

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