General Trading Chat

[manoj2012]

Even when Crude Prices have Fallen from $140 to $35 ..... India's Current Account Deficit is same as what was handed over from previous Government.

For common men Petrol@70 per liter in previous Government time when Crude was at $140 and now also same when Crude is at $35.

Raises the question that

Was the Economic Team of MMS+Chidumbram+Montek superior to the Economic Team of Modi+Jaitly+Jayant Combine .......???

Wonder how would have the new Team fared ...... if Crude was still over $100.

 

[manoj2012]

I have noticed it many times in the recent past. The data for FII and MF investments in the Cash Market is almost opposite of each other on a daily basis. If FII sell stocks worth 500 crores on a day, then MF are buyers of around similar 500 crores amount. And if FII sell stocks worth 2000 crores on a day, then MF are buyers of around similar 2000 crores amount. What could be the reason for such correlation ? I find it really strange.

Could there be some sort of understanding or setting between the different FII and MF through big institutional brokers who might make such equal and opposite figures happen ? If these transactions are done normally in the open market, without prior information to anyone, then such kind of inverse correlation between the FII and MF figures should not exist.

What do you guys think ?

Thanks and regards

Something fishy ...?? Match-Fixing ..??

 

[alroyraj]

Even when Crude Prices have Fallen from $140 to $35 ..... India's Current Account Deficit is same as what was handed over from previous Government.

For common men Petrol@70 per liter in previous Government time when Crude was at $140 and now also same when Crude is at $35.

Raises the question that

Was the Economic Team of MMS+Chidumbram+Montek superior to the Economic Team of Modi+Jaitly+Jayant Combine .......???

Wonder how would have the new Team fared ...... if Crude was still over $100.

I think you need to consider the inr USD currency rate to make a fair comparison

 

[kaalchakrasamay]

yeah, pattern got negation.

New one formed
Reverting to my old post with slight modification
NF 7700 - 7800 deta hai kya :lol:

 

[manoj2012]

I think you need to consider the inr USD currency rate to make a fair comparison

a fair comparison ... ??

Taking about inr USD currency rate ....... what happened to the pre-election (Lok Sabha) rhetoric that when Modi will become PM Rupee will appreciate to 45 per Dollar.

 

[TradeJoker]

he says boom boom call but does not provide direction up or down , only says mega move , so not of much use as u r not sure of direction, what I understood from google search.

Another lasbhegas kind person ?, Google his name , can see many posts of forum members asking for his ban

 

[XRAY27]

Forum and books on trading

Over the period of time i have covered various threads in this forum on different methods and ways of trading..to add any points for the improvement of my own method of pa trading, offcourse which is shared in the forum..

except ST da's !!! one/2 bar entries and few setups of ramakant bhai,(pratap 3-13 band which i'm not using now) ..nothing is added to my present way of trading.
other methods don't work???...answer is they may work,but moving out of my age old way of PA which given me some edge in trading is not correct and which may make my system messy .

Out of price action books like albrooks,ytc...only few setups like spike and channel,final flag,doji actions are added..

Conclusions :

1. Trade management is most important then trade setup

2. The answer to the question, “What’s the trend?” is the question, “What’s your timeframe?” – Richard Weissman. Trade primarily in the direction that a market is trending in on your time frame until the end when it bends.

3. Only take real entries that have an edge, avoid being caught up in the meaningless noise.

4. Place your stop losses outside the range of noise so you are only stopped out when you are likely wrong.

 

[talyan]

Forum and books on trading

Over the period of time i have covered various threads in this forum on different methods and ways of trading..to add any points for the improvement of my own method of pa trading, offcourse which is shared in the forum..

except ST da's !!! one/2 bar entries and few setups of ramakant bhai,(pratap 3-13 band which i'm not using now) ..nothing is added to my present way of trading.
other methods don't work???...answer is they may work,but moving out of my age old way of PA which given me some edge in trading is not correct and which may make my system messy .

Out of price action books gone through albrooks,ytc...only few setups like spike and channel,final flag,doji actions..

Conclusions :

1. Trade management is most important then trade setup

2. The answer to the question, “What’s the trend?” is the question, “What’s your timeframe?” – Richard Weissman. Trade primarily in the direction that a market is trending in on your time frame until the end when it bends.

3. Only take real entries that have an edge, avoid being caught up in the meaningless noise.

4. Place your stop losses outside the range of noise so you are only stopped out when you are likely wrong.

Nice conclusion points.
please in yesterday nifty trade mention the entry point and where we
should be stopped.I didn't traded yesterday.If I,I will sell at 7635.Am I right.

 

[XRAY27]

Nice conclusion points.
please in yesterday nifty trade mention the entry point and where we
should be stopped.I didn't traded yesterday.If I,I will sell at 7635.Am I right.

Total three trades

First morning 9.21 resulted in BE

Second resulted in 9.45 sl hit with mistake in sl order

Third one 2.08 is good one !!!

anyways.. i follow 30/5/1 system shared in forum..

 

[pareshR]

Good Morning