#Pros and Cons of using the Cup and Handle Pattern for Trading

[truedatafinancialpvtltd]

How to Trade Using Cup and Handle Chart Pattern

The cup and handle pattern is a decades-old chart pattern that was popularised by William J. O'Neil, a well-known investor and the founder of Investor's Business Daily. He introduced this concept in his book How to Make Money in Stocks, published in the 1980s. O'Neil observed that this pattern often appears in stocks before they make significant upward moves, especially when supported by strong trading volume during the breakout. 

This pattern is used to identify potential bullish trends in stocks, commodities, or other financial instruments. The pattern gets its name due to its distinct resemblance to a cup with a handle when viewed on a price chart. The pattern begins with a rounded, U-shaped decline and recovery, forming the ‘cup’. After the cup is formed, there is a smaller, sideways or slightly downward consolidation phase, creating the ‘handle’. This handle typically represents a brief pause before the price breaks out in an upward direction.

Read More: https://www.truedata.in/blog/what-is-cup-and-handle-pattern-and-how-to-trade-it

[jimmiejcrochet]

Online Technical Analysis Training Session

Over the last few years most of my training sessions have been in Mumbai due to my preference not to travel given family and social commitments there have been a lot of queries for Online Training Session.

So here it comes the Online Technical Analysis Training which you can subscribe and attend one day live session and other 3 parts recorded. ( Recordings for all sessions will be shared.)

Fees : Rs 7080   ( Rs 6000+ GST )   

Payment Link - https://www.instamojo.com/analyseindia/online-technical-analysis-training/ 

Online Technical Analysis Training Session.

Part 1 : Online Technical Analysis Training. Trainer : Nooresh Merani

6-8 hours.

The live webinar session will be conducted on 29th February 2020  from 9.30 am to 4.30 pm. Will be done through a Webinar Platform.

Those who cannot attend will get the recording for all the sessions. 

Course Content

Section 1

What is Technical Analysis? Do investors need to know about technical analysis? Technical Analysis seems to be for day traders? Can technical analysis be used for longer term analysis? Yes then how?

Section 2

What are Technical Charts? What are candlesticks, bars, line charts? Candlestick patterns which can help you find Tops and Bottoms in Nifty?

Section 3

Do moving averages work? What are moving average crossovers and convergences? Moving Average Pattern that points out big trend signals like 2004 election fall, Bull market start in 2005, 2009 etc. Section 4

The Price/Volume Pattern which will help you never getting caught in a Satyam, Crompton or a falling knife. Technical Indicators you must know out of the thousands. The best technical indicator setup which always works on Nifty but comes 2-6 times a year. Section 5

Technical Analysis Chart Patterns. What the hell is Head and Shoulders/Cup and Handles and all sort of fancy names. The technical chart pattern which finds you big moves consistently in midcap stocks. One dreadful chart pattern which will save you from the collapse of 2008 or in Commodities. An opposite to the above pattern which will help you allocate big money on turnarounds like 2009/2011. Section 6

What is Risk-Reward? A quick example on how to look for long term trend changes using Technical Analysis. What are the free softwares, online websites. Reviews of various softwares. Section 7

Additional Reading Material, Examples, Videos.

The Webinar Recording will be available on the website for next 3 months.

Part 2 – The Complete Technical Trader/Investor

(Recorded Webinar)

This session sums up my total strategy !

1) How to Invest Technically in Long Term Trends and spot start of a Bull Market.

2) Investing at Bottoms - Technically Bottoming out Signals through RSI/Channels/Sentiments.

3) Spotting Sectoral Leadership in a Sideways Market or Bear Market.

4) Increasing Cash on Topping out or Breakdown in Long Term Downtrends.

Plus

· Pros and Cons of being into Full Time Trading or even Part Time Trading.

· Trading Psychology.

2-4 hours.

Part 3 - Various Softwares and Utilities Available - Harsh Doshi

( Recorded Webinar.)

Technical Analysis Softwares and Best Utilities.

Mobile Applications.

A brief into how to use some of the softwares.

Part 4

Question and Answer Session Trainer : Nooresh Merani After 2-4 weeks of the first session a Q&A session for 1-2 hours. Part 4 20 % Discount on Classroom Technical Analysis Training ( Valid for 1 year ) Language of Communication – English/Hindi.

Course Materials -

Presentation used in the sessions. 

Older presentations and Videos.

Fees : Rs 7080   ( Rs 6000+ GST )

Payment Link - https://www.instamojo.com/analyseindia/online-technical-analysis-training/  

ICICI BANK ACCOUNT DETAILS

Account Name - Nooreshtech

Account no - 041205000842

Bank - ICICI BANK

IFSC CODE - ICIC000412

Please mail to nooreshtech@analyseindia.com post payment.

Online Technical Analysis Training Session published first on your-t1-blog-url

[tortuga-aak]

The best ladders you can buy for working around the house

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.

The Insider Pick:

From painting the nursery to changing a light bulb or hanging holiday lights, everyday life often calls for a ladder. The Little Giant 22-Foot Multi-Use Ladder is our top choice because it allows for safe use up high, in stepladder configuration, and even on the stairs. We've also included step ladders and heavy-duty ones for outdoor use.

If you find yourself teetering on top of a chair as you reach for a burned out light bulb, you need to get a ladder. If it's time to paint a room with a ceiling much taller than seven feet, it's ladder time. If there are trees to prune, strands of lights to hang, or gutters to be cleaned, then a good ladder is a great idea.

Buying a ladder is no time to pinch your pennies. According to the National Association of Certified Home Inspectors (InterNACHI), there are more than 164,000 annual emergency room visits caused by ladder falls, and as many as 300 annual deaths from falls off ladders. And we're not talking about people tumbling down several stories off of huge industrial-grade ladders: Most ladder fall deaths occurred after a drop of fewer than ten feet.

While I'm not a certified home inspector or anything, I do own three ladders and have been through a few more in my day. From repairs in and around the house to landscaping to hanging pictures to replacing scores of bulbs over the years, I can say I've certainly never regretted the fact that we've always chosen decent hardware in the ladder department.

Why having a sturdy ladder is important

A few years back, when my wife and I had just bought our first house, I set out to decorate its rather tall, pointed eaves with Christmas lights. I borrowed a ladder from a neighbor and, despite the fact that it felt a bit rickety, I started upward with strands of lighting wrapped around a shoulder. About half way up the twenty-foot climb, I started to hear audible creaking and popping noises and felt the ladder buckling.

No, I didn't fall off, but what I did do is climb right the hell down and headed off to a hardware store. A couple hundred dollars later I had a large, rugged 24-foot ladder that stayed stable and steady even when I was upon the last rungs. I still have that ladder and have used it every year since for multiple projects. Did I love spending more than two hundred bucks on a ladder? No, not really. But it was better than becoming a statistic cited by the InterNACHI.

If all you need are a few extra feet of height to reach shelves in the kitchen or light fixtures in the bathroom, then a smaller stepladder is fine. If you're painting a room or trimming some smaller trees, an A-frame ladder is a perfect choice. But if you need to be fifteen or twenty feet off the ground (or more), then you need to be ready to spend a chunk of change. It's an investment in safety and efficiency.

Fortunately, many modern ladders are so adaptable that they can elevate you more than twenty feet into the air for some gutter cleaning or roof repair or can fold down into a five-foot stepladder perfect for use in the garage or kitchen. We've included many different types of ladders to suit different needs. Read on to see which of our picks is right for you.

Although the Little Giant 22-Foot Velocity Multi-Use Ladder is our top pick, for the reasons laid out in the slides below you should also consider the Louisville Ladder FS1508 Fiberglass Ladder, the Rubbermaid RM-3W Folding 3-Step Stepladder, the Ohuhu EN131 Telescopic Extension Ladder, and the Lifewit Multipurpose Aluminum Folding Ladder.

The best ladder overall

LittleGiant

Why you'll love it: The Little Giant 22-Foot Multi-Use Ladder is versatile enough for use all around the home and capable enough for use at commercial construction sites.

You know that old adage about using the right tool for the job? Well that's true with more than just hammers, screwdrivers, or monkey wrenches. You need to use the right ladder for the task at hand, too. Fortunately, the Little Giant 22-Foot Velocity Multi-Use Ladder is essentially four different ladders in one, so this one tool can be just right for everything from painting the walls of a stairwell to cleaning the gutters of a two-story home to refinishing a ceiling.

At its full extension, the Little Giant Velocity offers you 22 feet of added height, perfect for reaching the roofline of most homes or smaller commercial facilities. It can also be folded into a freestanding A-frame configuration for use beneath trees or when you're working on walls or ceilings. With its sections adjusted to disparate lengths, you can use this ladder on a staircase and feel as stable as you would on flat ground.

The Little Giant 22-Foot Velocity Multi-Use Ladder exceeds all ANSI and OSHA safety standards, and if it's good enough for the professionals, it's probably good enough for your home. It supports up to 300 pounds, so go ahead and haul some hardware up there with you.

This ladder is a true crowd pleaser, with a towering 4.6-star rating and hundreds of happy reviews by owners. One Little Giant fan says it is "very solid and durable," while another reported that this one tool "replaced three ladders" he had in his garage.

A write up from trade publication WindowCleaner.com praised the stability of the Little Giant, calling it "as solid as a rock." In an eLadders video about the Little Giant, a brand rep displayed how quickly and easily the ladder can be converted into its myriad configurations.

Pros: Versatile configurations, good weight capacity, stable and durable

Cons: Expensive option, proper use requires patience and practice

Buy the Little Giant 22-Foot Velocity Multi-Use Ladder on Amazon for $279.99 (originally $374.40)

The best ladder for painting

Louisville

Why you'll love it:  The Louisville Fiberglass Ladder is not only the perfect height for most residential painting projects, but its clever molded-in features like a paint can hanger and slots for brushes make the work cleaner, faster, and safer, too.

Most homes built in the last twenty years have a minimum ceiling height of nine feet. Many newer homes have ten and twelve-foot ceilings, too. With the eight-foot-tall Louisville Ladder FS1508 Fiberglass Ladder, it will be easy for you to reach the ceilings and of course all the wall space in almost any home, or in most commercial locations, too.

Painting requires an A-frame style of ladder. You can't very well lean the top rung of a ladder against the wall you intend to paint, after all, and if you're working on a ceiling, there might not even be any walls nearby that could offer support. 

While projects like as changing out a light fixture or swapping an air filter might last only a matter of minutes, painting a room (or exterior) means spending a lot of time on that ladder, so you need to choose one that's stable and sturdy, which this ladder is. Each step is secured with six rugged tubular steel rivets, while the feet consist of thick rubber pads with multiple squares in a waffle iron pattern that allows for excellent stability on all sorts of surfaces.

What sets this ladder away from the herd of other A-frame painting ladders is what you'll find up top. The plastic molded top of this unit features slots perfect for paintbrushes and other tools, a wide cup-holder space suitable for smaller cans of paint or stain (or a cup), a hook for a paint can, and nooks for screws, nails, and other hardware. Why climb up and down all the time when you can stash the stuff you need close at hand?

The Louisville Ladder FS1508 Fiberglass Ladder gets a solid 4.4-star average rating on Amazon, with an owner named Roxy calling it a great ladder that's "light weight and easy to carry around the house, up the starts, etc." A customer named Gerry calls it an "exceptionally well made American product."

Pros: Lightweight and sturdy, convenient tool organization, stable foot design

Cons: Quality control issues see some "new" ladders arrive with damage

Buy the Louisville Ladder FS1508 Fiberglass Ladder on Amazon for $131.34

The best affordable step ladder

Rubbermaid

Why you'll love it: The Rubbermaid Folding 3-Step Stepladder puts those highest shelves and cabinets in easy reach and then tucks away behind the door or in the closet.

Remember how we talked about using the right tool for the job? That doesn't always mean the right choice is the biggest, fanciest option out there. This beloved little stepladder weighs in at a mere 13.2 pounds, yet it can safely accommodate up to 200 pounds of weight. For quick tasks like dusting the door frames, wiping down the windows, or grabbing a can of soup from a top shelf in the pantry, it's hard to beat the classic Rubbermaid RM-3W Folding 3-Step Stepladder.

This handy ladder locks in place in about one second, offering you a top standing height of 27.25 inches above the ground. In most homes, that's enough added elevation for most people to touch the ceiling. When you're finished with this or that little task or project, the stepladder folds flat enough to slide behind any door, to tuck away under a bed or dresser, or even to slip between an appliance and the wall.

You probably won't mind that comfort grip handle on top of the stepladder, either, which helps provide stability during use and easy carrying around the home. The textured steps also help prevent slips.

With more than 1,500 reviews posted, this stepladder earns an excellent 4.6-star rating on Amazon. A user named Blaze calls it a "steady little work-horse of a ladder," while Rubbermaid customer named Louise says it's "sturdy and easy to use."

A writer with Garage Tool Advisor called this stepladder safe and sturdy and noted its minimal three-inch depth when folded up for storage. A TheZ8.com review called the Rubbermaid RM-3W Folding 3-Step Stepladder "lightweight and slip resistant."

Pros: Good price for good quality, folds flat for storage, easy to move around house

Cons: Not suitable for outdoor use

Buy the Rubbermaid RM-3W Folding 3-Step Stepladder on Amazon for $39.21

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