General Trading Chat

[timepass]

stimulus package in China- $ 150 billion

 

[Smart_trade]

Most world markets( including ours) are in extreme oversold condition and a bounce is on cards. But for going long we need some basing to happen here ,without that a rally will not be sustained. Traders should avoid bottom picking and take long positions ONLY on trend change. Never go against the trend in expectation of catching a bottom.

Smart_trade

 

[pareshR]

 

[Riskyman]

Chalo the market are not flying anywhere anytime soon. Selling at the top. FII's dumped over 5000 cr in cash. Thats huge. Will take some time for buying to come in.
EDIT:Looking like bears will give another push towards 7800 today. Shanghai markets still slipping

 

[nifty trade]

swagat bro , please share your yesterdays trades , are my vp's and model trades ok?

 

[wisp]

Dead bull bounce but in 2013 August 1000pt recovery was in 15 days

everyone seems to know their history, hope all trading well with all this historical knowledge :lol::lol:

 

[HEM]

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[TradeJoker]

everyone seems to know their history, hope all trading well with all this historical knowledge :lol::lol:

Seems u r using future data to trade

 

[HEM]

Now two possible high probability trades with low risk and high reward in NF on 5 min chart:-

(1) Long above 9:40 candle high with the SL of 9:55 pl low

(2) Short below 9:45 pl low(lod) with the SL of 9:50 ph high



HEM

 

[wisp]

Now two possible high probability trades with low risk and high reward in NF on 5 min chart:-

(1) Long above 9:40 candle high with the SL of 9:55 pl low

(2) Short below 9:45 pl low(lod) with the SL of 9:50 ph high



HEM

Please share why you consider high of 9.40 long high probability? Thanks.