AlSalamo Alykom
Today’s trading 29 November, the index lowest value was 345.62 and highest 353.2 and closed at 345.62 which is considered as a very very bad closing
Tomorrow the index is expected to be between 342 and 348
Generally
The 345 is an important point if we break it we will go to the 342 and then to the 340
If we break the 345 upwards we will go to 348 then to the 350
Emaar is expected to be between 11.15 and 11.45
Generally
If we go below the 11.30 we will go to the 11.15 and then the 10.95
If we go above the 11.30 we will go to the 11.45 then 11.55
If we could break up the 11.45 going to 11.55 and closed above it we will have a very good and bullish pattern but we will talk about it in details only if formatted
I hope if you could benefit from the simple attached analysis file for Emaar as of the current movement of 29 November
:uuubbb:
الإغلاق كان سيئا جدا اليوم
الأسعار المتوقعه للغد بالنسبه للمؤشر إن شاء الله ان يكون بين 342 و 348
وبشكل عام كسر النقطه 345 للأسفل ستأخذنا للنقطه 342 ومن ثم 340
كسر النقطه 345 للأعلى ستأخذنا للنقطه 348 و من ثم 350
اما عن تحليل سهم اعمار —-انظر رابط فيل تحليل سهم اعمار
الأسعار المتوقعه للغد بالنسبه لإعمار إن شاء الله ان يكون بين 11.15 و 11.45
وبشكل عام كسر 11.30 للأسفل ستأخذنا 11.15 ومن ثم 10.95
كسر 11.30 للأعلى ستأخذنا 11.45 و من ثم 11.55
لو استطعنا كسر 11.45 والوصول ل 11.55 والبقاء والإغلاق فوقها سيتكون نموذج متفائل وجيد جدا وفي حال حدوثه سنتكلم عنه بالتفصيل
اتمنى لكم دوام الصحه والعافيه والربح الحلال
:uuubbb:
First of all I really thank u for ur reply.
I agree with u that we are in a down trend, BUT the days where emaar stayed between 11.7 and 12.3 aprox and 11.5 and 11.8 was a total of almost 3 weeks to 4 weeks. This period makes indicator give wrong signal in a very small range.
I am not saying to ignore them or dont consider the pattern, what I meant is that if MACD crossed now (specially with a very slight change) then normally it is a sign to enter the market, but in our case, I dont think so. We need really a strong signal.
Also, the problem with the pattern is that is becoming in very narrow range and most of the reliable signals happen before pattern lines are crossing (I know what pattern u r waiting for 🙂 )
I will try to provide u with my chart if u allow me to show u MACD crossing in wrong time.
I think we are still at the same wave length. What I just feel is that the market is becoming very difficult to read through these days. Rabena Yestor.
Take care Master 🙂
AlSalamo Alykom Brother
Ok i got what you mean ,It seems that you do not want to depennd on indicators because it might give false signals
ok
but look to the above daily chart for the RSI and for the MACD till now they did not give you any buying signal but do you think that if they gave me a buying signal shall i wait watching the screen without doing anything
Forsure not
I will buy but i will need a confirmation from the volume and from breaking a resistance
For me i will definetly buy if the following happends with a condition that all of them should happened
If price breaks11.50 with a big volume at least15 million at that time i will be steady and i will wait for the30 million
Price should break a solid resistance and currently our two solid resistance are11.50 and11.70
RSI giving permission
Parabolic giving permission
Then i will buy with60%
after MACD confirmation i will buy full power
But actually i will start from tomorrow to take some opportunities for investment
So i agree with you that during this time indicators might give false signals but for sure no body will buy just because the indicator gives a buying signal but we should check the liquidity first
And that’s why i tried yesterday to send a message to all people by writing this subject http://www.satfrequencies.com/invest/showthread.php?t=96350
The main aim of this subject was to take our full care and to wait till the liquidity enters which means when elhawameeer starts the first spark
:habeet:
تشكر اخي بويلت على مجهودك الكبير
جزاك الله خير
First of all I really thank u for ur reply.
I agree with u that we are in a down trend, BUT the days where emaar stayed between 11.7 and 12.3 aprox and 11.5 and 11.8 was a total of almost 3 weeks to 4 weeks. This period makes indicator give wrong signal in a very small range.
I am not saying to ignore them or dont consider the pattern, what I meant is that if MACD crossed now (specially with a very slight change) then normally it is a sign to enter the market, but in our case, I dont think so. We need really a strong signal.
Also, the problem with the pattern is that is becoming in very narrow range and most of the reliable signals happen before pattern lines are crossing (I know what pattern u r waiting for 🙂 )
I will try to provide u with my chart if u allow me to show u MACD crossing in wrong time.
I think we are still at the same wave length. What I just feel is that the market is becoming very difficult to read through these days. Rabena Yestor.
Take care Master 🙂
For the first time I write something to u yesterday and u dont comment, anyway I thought of puting it again, maybe this time u will comment on me
QUOTE=zsilence;929316]Mr. Pilot, The problem with all the patterns that u r talking about and also MACD and RSI is that it is applicable mostly in a trendy market. The market is now moving side way, and believe me that 11.65 closing wouldnt do any good. You know why cause tomorow the point will mostly be 11.6 or 11.55 which does not mean anything now. We really need a TREND.
An increase from 11.55 to a closing of 11.7 is nothing. It is almost 1.2% !!!!
I guess big guys understand that by now, so they are killing the analysis. RSI wouldnt do any good either, and MACD is not moving cause the price is changing. It is moving out of interia only.
:^9:[/QUOTE]
Alsalamo Alykom Zscilence, sorry i did not notice that you wrote something to me previously and i did not answer
You know i always respect your views and opinions brother
What i understood from you that if there is a pattern we should not consider it or if there is a change in the MACD or in the RSI we also should not consider them for the time being
If this is what you meant so i really disagree with you for the first time because at the begining we are not in a side way trend we are for sure in a downtrend
but i agree with you that big guys are killing analysis or in another words they are not using the opportunities that could encourage people to buy like yesterday all indicators were great and they did not take that opportunity
At the end the technical indicators are just a tool to tell the expected movement and at the end if the market maker wants to change it, he could, but we are just trying to read what he is planning for us and for the entire market and thse indicators really do help
:habeet:
جزاك الله خير استاذ