Effective use of Volume At Price for Intraday Trading, Volume Analysis, High Volume Zone, Low Volume Zone, Peaks and Valleys in Volume.
Now zinc is trading around 2290 on lme & as we can see on weekly chart, there is a strong probability of an ABCD reversal pattern. If we look at daily chart , we find some reversal candlestick pattern also as well as indicators trading in over bought zone. We also witness a 261.8% feb correction just above the ABCD pattern finishing line. We probably use it as stoploss.
Here are few points i listed down as do’s and dont in the area of Technical Analysis. This could encourage the beginners in Technical Analysis to serve in a better way. Add your valid points in the comments section and here is the Cheatsheet.
Qtstalker is a user friendly Technical Analysis package for GNU/Linux (and hence other Unix-like systems). Similar to commercial wares such as Metastock, Supercharts and Tradestation. Keeps to a lean, simple design for speed, portability, and low resource usage. Because it uses a plugin model, Qtstalker can easily be extended.