General Trading Chat

[PS Trader]

I really am a fan of such swings ... :clapping:

As kites flying, our SGX nifty too flying now

 

[Smart_trade]

SGX Nifty 8412 . SGX ullu banawing desi traders ? pre President Obama Rally playing out. There is volatility but the trend is up.

Smart_trade

 

[Somatung]

SGX Nifty 8412 . SGX ullu banawing desi traders ? pre President Obama Rally playing out. There is volatility but the trend is up.

Smart_trade

Do not say such words, other wise our super guru of EWT will get angry. :lol::lol::rofl::rofl:

http://www.traderji.com/technical-analysis/95790-elliott-wave-theory-25.html#post1042992

http://www.traderji.com/technical-analysis/95790-elliott-wave-theory-26.html#post1043373

 

[Smart_trade]

Do not say such words, other wise our super guru of EWT will get angry. :lol::lol::rofl::rofl:

http://www.traderji.com/technical-analysis/95790-elliott-wave-theory-25.html#post1042992

http://www.traderji.com/technical-analysis/95790-elliott-wave-theory-26.html#post1043373

Oh...he can have his views and analysis. Finally the market will decide which course it wants to take. We just play the market as per its current trend...no baggage of past trends, no forecasting of future trends.

ST

 

[Somatung]

Oh...he can have his views and analysis. Finally the market will decide which course it wants to take. We just play the market as per its current trend...no baggage of past trends, no forecasting of future trends.

ST

I know, but I could not resist to post the other post on such ---------- Sorry.

Dow nicely up again for the moment and if it holds, even this will have an impact on Nifty. :thumb: Let's see if it holds, as there are still some hours to go.

Take care and have a nice evening / Dan

 

[vasan56]

ST Sir told many times that trade in the direction of higher time frames.(for ex.5min-30min).How to spot the direction of HTF? Can anyone explain with recent charts?Please don't hesitate to answer this silly question.Thanks.

 

[Smart_trade]

ST Sir told many times that trade in the direction of higher time frames.(for ex.5min-30min).How to spot the direction of HTF? Can anyone explain with recent charts?Please don't hesitate to answer this silly question.Thanks.

See the hourly charts. Nifty Fut 60 min chart is moving sideways between 8100 and 8500 . Though this is a sideways zone on hourly charts, the 400 points range is pretty tradable on smaller timeframes.. See the current upmove from 8100 it is making higher tops and higher bottoms in 60 min chart making an uptrend within this larger sideways move...

Smart_trade

 

[Somatung]

Yesterday was a little discussion about oil in this thread. Do you know who runs the biggest ship in the world? No? Have a look and you will see it is "Shell".

http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012/11-2/FLNG context.jpg

https://en.wikipedia.org/wiki/Prelude_FLNG

 

[Smart_trade]

ST Sir told many times that trade in the direction of higher time frames.(for ex.5min-30min).How to spot the direction of HTF? Can anyone explain with recent charts?Please don't hesitate to answer this silly question.Thanks.

Smart_trade

 

[Smart_trade]

Same chart but on 15 min timeframe showing current uptrend more clearly...

Smart_trade