What is an EOD chart and its use in Day trading, Positional trading and Mutual funds?
EOD stands for End of day. This is the most powerful technic in technical analysis of index, Forex, commodity, stocks etc. This shows the trend of stocks or index and what traders are doing. Find simple trick for Day trading, Option trading, positional trading and Mutual fund entry exit time (for software professional, House wife or working professional) in last paragraph of this page to earn lifelong. This is only for education purpose. This chart can also be used to predict mutual fund growth, entry and exit time. Mutual fund money is invested in the market, so its growth depends upon market trend. Use EOD, weekly and monthly interval in this chart to predict the upward or downward trend of market for 3-6 month. Thus you can know the entry and exit time for your market linked mutual fund and save money from market turmoil.
You can join our e-Technical Analysis Training(Link below) to know practical strategy, find perfect entry and exit point, know how to identify trend and false trend much before and protect principal always in case of any market condition. In below Technical chart change Bar’s style(find in last Drop down in the chart Header where ‘Save chart’ is written) from “Candlestick pattern” to “Heikin Ashi” pattern to know what operators are doing, buying or selling? Use “Heikin Ashi” pattern and “Stochastic(3rd section)” to only learn but use candle pattern to trade as shown in Advance technical analysis. Stochastic below 20 is your buying point and above 80 is your exit point.
Watch Free Training videos on stock selection for swing trading and positional trading.