General Trading Chat

[amandeep86]

ST da,

I m looking for a swing system for Niffty Futures,Please advise some good swing system ,i have read on 30 Min Flow or MA crossovers .

Please advise

 

[Riskyman]

Yuan devaluation impact on India


He also expects India to ride through the crisis and emerge stronger. According to Dr Ghosh, equity premium and the comfortable foreign reserves ($354 billion as on August 14) show that domestic macro fundamentals are still in a significantly better shape than they were previously.
.

For a huge country like India, we are doing very very poorly with reserves of 350 Billions. I'm not sure why the governor and the FM are pounding their chest about this reserve. This is "peanuts" while compared to the reserve china holds (more than 1 trillion ). So no question of comparing 350 biliion USD with a trillion.. 300 Billion is as much as a small country like Greece owes to the international banks. This doesnt put India anywhere closer to the powerful league. Not sure why this hulla bulla..

We have far more potential to be a bigger better economy. We have everything except the Will to be superior. ( 800 saal ki gulami itni jaldi nahi jaayegi)

 

[bpr]

For a huge country like India, we are doing very very poorly with reserves of 350 Billions. I'm not sure why the governor and the FM are pounding their chest about this reserve. This is "peanuts" while compared to the reserve china holds (more than 1 trillion ). So no question of comparing 350 biliion USD with a trillion.. 300 Billion is as much as a small country like Greece owes to the international banks. This doesnt put India anywhere closer to the powerful league. Not sure why this hulla bulla..

We have far more potential to be a bigger better economy. We have everything except the Will to be superior. ( 800 saal ki gulami itni jaldi nahi jaayegi)

As per american system
1 trillion = 1000 billions
As per british system
1 trilion = 1 million billions (or 10 lakh billions)
which one is it?

http://mathcentral.uregina.ca/qq/database/QQ.09.97/gupta1.html


Ok got it actual figures in millions so no confusion.
China 37,71,347 millions
India 3,55,354 millions
https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves

China 10 times India

 

[XRAY27]

Max OI
8,500.00ce 4,271,225.00
7,800.00pe 4,704,175.00

 

[amitrandive]

Why for pete sake did you exit at 224, amit? Look at the candles around 224 - all having same low almost, doesn't that tell you anything? Besides there were 2 high lows above your entry price, friend, you could easily have had TSL. I rather added above your entry price, at 207, and cleared all at 246. Later when I saw the move not exhausted yet, I bought 7800pes, cleared 75% around 250, rest holding. No offense, IMO on intraday time frames you don't have the luxury to calculate option greeks etc. Just go with the flow.

Couldn't help it bro, net down.

 

[TradeJoker]

Positional bears trapped ?

 

[TraderRavi]

Wat u r going to do with August profit?

shall buy two bundle bidis for you

 

[Dax Devil]

Couldn't help it bro, net down.

Sorry, didn't know. Anyway, the pe I was holding will give me a little loss or open at buying price due to gap up. I was expecting gap down!

Good luck for the day.

 

[copypasteaee]

Positional bears trapped ?

not easy to say till they are actually trapped.

 

[TradeJoker]

shall buy two bundle bidis for you

Muje kuch nahi chahiye, apne kiraya ek saal ka dena