Sunday, December 01, 2019

DreamTai now available for other countries : UK, Canada, India, France, Ireland, Netherland, UAE, Israel, Portugal

Hi,
DreamTai can be used for analyzing stocks from the following countries:


Num.CountryStock ExchangeSuffix after ticker symbol
1USAAllNo suffix after ticker symbol
2CanadaToronto Stock Exchange-CT
3UKLondon Stock Exchange-LN
4IndiaIndia Bombay Stock Exchange BSE-IB
5FranceEuronext Paris-FP
6IrelandEuronext Dublin-ID
7NetherlandEuronext Amsterdam-NA
8IsraelTel Aviv Stock Exchange-IT
9UAEAbu Dhabi Securities Exchange -DH
10Portugal Euronext Lisbon -PL



Information about the suffix

While adding the ticker symbol to DreamTai watchlist, you have to add the suffix after the ticker symbol depending on the country.

For example: For Canadian stock ticker symbols, the suffix is "-CT". So, for symbols  AAV, IPCO and ALEF you have to enter the following ticker symbols in DreamTai

  • AAV-CT
  • IPCO-CT
  • ALEF-CT


For Indian stocks trading in BSE Exchange:


For Indian stock ticker symbols, the suffix is "-IB". So, for symbols  500002,500003,500008 you have to enter the following ticker symbols in DreamTai

  • 500002-IB
  • 500003-IB
  • 500008-IB

For Indian stocks trading in NSE Exchange:
 
Here is how to add stocks for NSE stocks in DreamTai.

Suppose you want to see the chart for stock WIPRO

According to NSE, the symbol for WIPRO is WIPRO


Here in DreamTai, the symbol is :
EQWIPRO-IS

That is, add "EQ" then the symbol then "-IS"

Similarly, in DreamTai the symbol for ONGC is
EQONGC-IS
 


*
Starting December 1, 2020, many other countries data will also be available  from IEX data exchange.

I will modify DreamTai so that it can fetch data from these exchanges provided that the data does not come with extra cost for the users of DreamTai.



https://intercom.help/iexcloud/en/articles/4580026-supported-stock-exchanges-on-iex-cloud


Friday, November 15, 2019

Monday, November 11, 2019

Canadian stock symbols are available in DreamTai

Canadian stock symbols are available in DreamTai.

To add ticker symbol for stock in Toronto Stock Exchange, you add a suffix "-CT" to the ticker symbol.

For example, the ticker symbol of Royal Bank of Canada is RY.
In DreamTai, you add the ticker symbol RY-CT
That is, you add [-CT] at end.
The ticker symbol of Canadian National Railway is CNR. In DreamTai, you will add the ticker symbol CNR-CT


Also, to add ticker symbol for stock in TSX Venture Exchange, you add a suffix "-CV" to the ticker symbol.


So, you have to add either [-CT] or [-CV] at end of ticker symbol before adding the symbol in DreamTai.



Please try and let me know if you are able to get all the Canadian stocks and if you have any issues.

Monday, October 28, 2019

CASE STUDY: BUYING MICROSOFT STOCK

CASE STUDY: BUYING MICROSOFT STOCK

Step 1: Check that the long term trend becomes bullish

The long term trend becomes bullish when the 10 week moving average rises above the 40 week moving average.
Refer [Figure 3: Microsoft weekly chart]



Around March 11,2019,the 10 week moving average went above the 40 week moving average. So, long term trend is bullish. Now, we can use DreamTai to pinpoint the exact buy point.









Step 2: Use DreamTai to pinpoint the exact buy point
Once we know that the long term trend is rising up, we wait for DreamTai to become green. We can buy Microsoft  around March 11 or later, because the price bars are green in color. Our purchase price will be around $112.
Refer [Figure 4: Microsoft daily chart]









Step 3: Use DreamTai to pinpoint the exact sell point
Around June 1,2019 the DreamTai price bars for Microsoft stock turned red at 125. This is the time to sell your shares, since the price bars have become red in color, which indicates bearishness.






On June 19, DreamTai again gave a buy signal. You can buy again at this point and hold till the price bars turn red again.

In mid-September and mid-October, there were fake signals due to choppy market, which would make you lose a little bit of money. You will encounter such choppy trades and small losses, but you do not have to worry as long as you make money on the bulk of the trend.





Sunday, October 27, 2019

CASE STUDY: BUYING VISA STOCK

CASE STUDY: BUYING VISA STOCK

Step 1: Check that the long term trend becomes bullish

The long term trend becomes bullish when the 10 week moving average rises above the 40 week moving average.
Refer [Figure 1: Visa weekly chart]



Around February 26,2019,the 10 week moving average went above the 40 week moving average. So, long term trend is bullish. Now, we can use DreamTai to pinpoint the exact buy point.












Step 2: Use DreamTai to pinpoint the exact buy point
Once we know that the long term trend is rising up, we wait for DreamTai to become green. We can buy Visa on Feb 26 or later, because the price bars are green in color. Our purchase price will be around $146.
Refer [Figure 2: Visa daily chart]








Step 3: Use DreamTai to pinpoint the exact sell point
Around August 5th,2019 the DreamTai price bars for Visa stock turned red. This is the time to sell your shares, since the price bars have become red in color, which indicates bearishness.