Monday, July 18, 2011

candlesticks basic for trading

In the 17th  century, Japanese rice merchants invented the candlestick charting.

The guiding principles of the Japanese candlesticks charting are :

 The price evolution is more important than what can explain it (financial information economic, results, etc).
 All known information is reflected by the price.
 Purchasers and salesmen act according to their expectations and their emotions.
 Markets have fluctuations.
 Prices should not reflect the underlying value of firms.

Candlestick Layout

To draw a Japanese candlestick, it is necessary to know the opening price, the closing price, low and highest. If the period is in falling, the candlestick is black. For a rise, the candlestick is white.
Bullish candlestick
Bullish candlestick
Bearish candlestick
Bearish candlestick

Basic Patterns of the Japanese candlesticks
White candlestick with small bodyWhite candlestick with small body
 Little price movement and represent consolidation.
 
Black candlestick with small bodyBlack candlestick with small body
 Little price movement and represent consolidation.
 
White candlestick with long bodyWhite candlestick with long body
 Intense buying pressure.
 
Black candlestick with longmall bodyBlack candlestick with long body
 Intense selling pressure.
 
White MarubozuWhite Marubozu
White candlestick with long body. The opening price is equal to the lowest and the closing price is equal to the highest.
 Marked buying pressure. Sellers did not succeed to pushing price under opening price.
 
Black MarubozuBlack Marubozu
Black candlestick with long body. The opening price is equal to the highest and the closing price is equal to the lowest.
 Marked selling pressure. Buyers did not succeed to pushing price on top of opening price.
 
White Candlesticks with a long upper shadow and short lower shadowWhite Candlesticks with a long upper shadow and short lower shadow
 Marked selling pressure but sellers did not succeed to pushing closing price under opening price.
 
Black Candlesticks with a long upper shadow and short lower shadowBlack Candlesticks with a long upper shadow and short lower shadow
 Bear signal. More the upper shadow is long, more the signal is strong.
 
White Candlesticks with a short upper shadow and long lower shadowWhite Candlesticks with a short upper shadow and long lower shadow
 Bull signal. More the lower shadow is long, more the signal is strong.
 
Black Candlesticks with a short upper shadow and long lower shadowBlack Candlesticks with a short upper shadow and long lower shadow
 Marked buying pressure but buyers did not succeed to pushing closing price on top of opening price.
 
White Spinning TopWhite Spinning Top
 Spinning tops represent indecision. It's a potential change or interruption in trend.
 
Black Spinning TopBlack Spinning Top
 Spinning tops represent indecision. It's a potential change or interruption in trend.
 
Marteau et PenduHammer (White) and Hanging Man (Black)
White candlestick (or black) with a long lower shadow and a (almost) null upper shadow.
 It's potential trend reversal. Hammers can mark bottoms or support levels.
 
Etoile filanteInverted Hammer (White) and Shooting Star (Black)
White candlestick (or black) with a (almost) null lower shadow and a long upper shadow.
 It's potential trend reversal. Inverted Hammers can mark support levels. A Shooting Star can mark a resistance level.
 
DojiDoji
The doji appears when opening and closing price are (almost) equal.
 Neutral pattern, it often precedes an important price movement.
 
Long-legged DojiLong-legged Doji
Long-legged doji have long shadows that are (almost) equal in length.
 Long-legged doji represent strong indecision.
 
Doji with a short upper shadow and long lower shadowDoji with a short upper shadow and long lower shadow
 Bull signal if it appears in a bear trend.
 
Doji with a long upper shadow and short lower shadowDoji with a long upper shadow and short lower shadow
 Bear signal if it appears in a bull trend.
 
Dragon fly DojiDragon fly Doji
 Dragon fly Doji is a potential trend reversal. Strong signal if it appears in a bear trend.
 
Gravestone DojiGravestone Doji
 Gravestone Doji is a potential trend reversal. Strong signal if it appears in a bull trend.

Sunday, July 17, 2011

Google+ vs Facebook



It is three weeks old and still not out of the labs but Google+ already boasts over 10 million users. What's drawing in the new fans? 

Unabashed imitation of Facebook's key inventions and a clutch of great innovations of its own. 

Here's a feature by feature comparison of the newest social networking rivals. 

Posts vs Wall 
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A blatant copy: G+ posts are styled like FB's except one addition: you can disable reposts (they're like retweets) and comments right there. 

Stream vs News Feed 
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Remove the signature Facebook Blue and you can't tell Stream from Feed. Imitation is the best form of flattery. Or maybe an admission Google couldn't think better? 

Circles vs Lists 
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A winner for G+. 'Circles' are groups to categorise people you know and share posts, feeds or photos exclusively. Basic Circles like 'Friends' and 'Family' are preloaded but you can create your own. (Think 'work monsters'). Compared with this, FB's Lists is plain boring. 

Hangout vs Video call 
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The cracker. Hangout allows up to 10 people to video chat together. Tiny feeds of buddies line up the bottom of your screen with a big image of the person talking. There's a window for text chats and a button for watching YouTube . FB's latest one-on-one video chat just doesn't make the cut. 

+1 vs Like 
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There is something about saying I 'Like' that just isn't in I '+1'. But Google is using it to make its search social too. 
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Tuesday, July 12, 2011

Ranking of pharmacy colleges in India

College
Rank
1
2
3
4
5
6
6
6
9
10
10
12
13
14
15
15
15
15
19
19
Goa College of Pharmacy, Panaji, Goa
21
21
21
21
25
25
Govt. College of Pharmacy, Bangalore
25

Difference between BE Computer Science and B.Tech IT

COMPUTER SCIENCE is no more about computers than astronomy is about telescopes.” Renowned computer scientist Edsger W Dijkstra made this observation. Computer science engineers are involved in many aspects of computing, from the design of individual microprocessors, personal computers and supercomputers to circuit design and writing software that powers them.
They are also suited for robotics research, which relies heavily on using digital systems to control and monitor electrical systems like motors and sensors. Information Technology (IT) deals with the use of electronic computers and computer software to store, protect, process, transmit and securely retrieve information. IT is a general term that describes any technology that helps to produce, manipulate, store, and/or communicate information.
IT professionals perform a variety of duties that range from installing applications to designing complex computer networks and information databases. They are suited for data management, networking, engineering computer hardware, database and software design, as well as the management and administration of entire systems.
The differences
The CS engineering programme usually deals with how to build micro processors, how to write a compiler etc. IT is the business side of computers - usually dealing with databases, business, and accounting. One way to think of it is that IT deals with the application of computing technology to real life processes and CSE deals with the “science” that facilitates these applications.

Further, while CSE focuses on the foundation of computing, IT as a discipline focuses on satisfying the computing technology needs of organisations. So, in a continuum between principles and application, IT focuses more on application, with the goal being to apply knowledge of computing sciences for solving problems. However, as the foundations of IT are in Computer Science, Indian universities and colleges deem it feasible to have a CS-based IT programme. This allows a graduate of the programme to choose a career in CS or IT, based on their choice and availability of job prospects.  And mostly corporates make little difference between these disciplines while selecting students.

The  nature of the industry requirements in the country also plays a crucial role. Since most of the companies in this sector focus on application development and maintainance at best, the need for hard core reserach level employees is minimal. So even if a student is taught subjects like chip design architecture, machine level languages , his or her chances of getting a  career in that domain is minimal.
Snapshot of the curriculum
Ultimately, what would really matter to you as a student is how far the course curriculum is different. To answer this critical question, we got down to brass tacks and did a course-by-course comparison of CSE and IT programmes at various institutes (See Box).
COURSE COMPARISON 
College
 
CSE present?
 
IT present?
 
Unique CSE courses
 
Unique IT courses
 
 
Yes
 
Yes
 
Linux and X-Windows Programming 
Digital Communication – I
 
All IITs
 
Yes
 
No
 
Elective options 
Elective options
 
Yes
 
No
 
Elective options
 
Elective options
 
 
No
 
Yes
 
Elective options
Elective options 
 
Yes
 
Yes
 
Computer Architecture, Embedded systems 
Network Security, e-Commerce
 
 
Yes
 
Yes
 
Elective options
 
Elective options
 
 
Yes
 
No
 
Elective options
Elective options
 
 
Yes
 
Yes
 
Advanced Computer
Architecture, Robotic control, Digital Signal Processing, Computational Geometry, Modelling and Simulation 
Electronic Systems Design, Analysis & Design of Information Systems, Internetworking, Datawarehousing and Datamining, Business Information Systems 

As you can see, most of the top-notch institutes (including all the IITs, IIITs and most NITs) have either CSE or IT but not both. This clearly signals that the difference between the two branches is not significant enough to warrant their simultaneous presence on a campus, at least in the eyes of the top engineering colleges of the country. Further more, for the few colleges that do offer both IT and CSE, the differences in the course structure are minimal. 

For example, at Delhi’s IP University only one course differs between the two branches across their seven engineering colleges. At Motilal Nehru National Institute of Technology – Allahabad, this figure increases to two and at West Bengal University of Technology to five subjects. The message is loud and clear - no company discriminates between hiring a CSE or IT student from the same campus.
The verdict
If you have to choose between IT and CSE and have both options in hand, it would be wise to decide it on the basis of the reputation and standing of the college rather than the branch. If you have to choose between IT and CSE in the same college, see what excites you more, design of computers and computing systems or using computers to solve information management requirements of organisations. Good luck!