Andrews and Babson tools and techniques


posted by santanu on Sun Feb 15, 2015 06:35 am

#1

Prof Alan Hall Andrews theories are based  upon the energy and location of price action patterns ,Newton’s laws of motion, and probability .Andrews derive his median line from Roger Babson normal line (A/R line).

Tools what are used is simple Median line ,Trend line,Action Reaction line and pivot count (Prof Anderson’s Rule ).

posted by santanu on Sun Feb 15, 2015 06:56 am

#2

corrective phase with in  ml 

Here is the chart of  DrReddy ,the stock in fact in upmove one of the conventional way to understand the corrective phase or end of correction is combined known fibonacci levels with combine momentum indicator .

posted by santanu on Sun Feb 15, 2015 07:18 am

#3

now i will try to understand with andrews tools 

posted by santanu on Sun Feb 15, 2015 08:40 am

#4

Another corrective phase set up 

Here hcl tech in an untrend

posted by santanu on Sun Feb 15, 2015 08:47 am

#5

just try to identify where the next up move start.


posted by santanu on Sun Feb 15, 2015 08:48 am

#6

posted by santanu on Sun Feb 15, 2015 08:57 am

#7

posted by santanu on Sun Feb 15, 2015 09:07 am

#8

posted by santanu on Sun Feb 15, 2015 09:10 am

#9

posted by santanu on Sun Feb 15, 2015 09:16 am

#10

This set up is very useful when price is an up or down trend and take entry in retracement  /correction ,plus point of this we can our trgt area also.

posted by santanu on Sun Feb 15, 2015 03:11 pm

#11

tis time tatametalic

posted by santanu on Sun Feb 15, 2015 03:20 pm

#12

from the chart its in uptrend but this correction is the biggest one . so question arise is this good place to enter or is this a middle of longer dw correction .try to identify with ml.

posted by santanu on Sun Feb 15, 2015 03:37 pm

#13

posted by santanu on Sun Feb 15, 2015 03:48 pm

#14

posted by santanu on Sun Feb 15, 2015 04:04 pm

#15

posted by santanu on Sun Feb 15, 2015 04:10 pm

#16

posted by santanu on Sun Feb 15, 2015 04:18 pm

#17

posted by santanu on Sun Feb 15, 2015 04:29 pm

#18

posted by santanu on Sun Feb 15, 2015 04:37 pm

#19

 It not  seems to have reached the end  of the correction  , probability is high that here not  right time & place 4 +

posted by santanu on Tue Feb 17, 2015 04:37 am

#20



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