General Trading Chat

Yesterday DOW opened 300+ , SGX touched 8402.........Today our mkts tanked and staged late recovery,

Today DOW 230-, SGX touched 8251.

What is in store for us tomorrow. :D
Nifty is in a 300 points sideways zone and within this zone on smaller timeframes sometimes it trends up...sometimes trends down . The volatility is giving impression that the market is trending.

The direction will soon resolve itself one way or the other.

Smart_trade
 

ananths

Well-Known Member
Nifty is in a 300 points sideways zone and within this zone on smaller timeframes sometimes it trends up...sometimes trends down . The volatility is giving impression that the market is trending.

The direction will soon resolve itself one way or the other.

Smart_trade
India VIX is up by 4% at 17.25

I'm not sure VIX follows the market or Market follows VIX.

Volatality increases when market is falling (fear) and decreases when market is gaining (reduction in fear!)

When market is moving up (like today morning) Vix was increasing..may be we can get some clue that there could be a fall? Need to observe this more closely. :D
 

lemondew

Well-Known Member
smart,

just my opinion. The volatility tells me that stocks owned are being hedged for downmoves.

Nifty is in a 300 points sideways zone and within this zone on smaller timeframes sometimes it trends up...sometimes trends down . The volatility is giving impression that the market is trending.

The direction will soon resolve itself one way or the other.

Smart_trade
 

Jai Mata Di

Well-Known Member
R u trying to say the retailers made 4.4 billion? It could be some other bank or institution or oil companies who hedged their assets....
I am only trying to say that many retail traders who are making good profit like me in past few days in Crude Oil(mostly with short positions) while they loose 4.4 billions are part of other side of the trades. Those winning retail traders with inferior technologies & 3rd class terminal, certainly have some edge in their brains which can handle such Banks money power and advanced technologies. :thumb:

Best Wishes and Happy Trading.

H.C.
 

lemondew

Well-Known Member
Yes i ve been monitoring it now. i am new in trading but straight got into this before any technicals /PA :confused: The vix goes up before any major event. If there is no event and some sudden unanticipated downmove or upmove or some fear then vix goes up again. This time more or less certain its the fear. when there is no news and people expect index to be stable with positive bias vix goes down.


India VIX is up by 4% at 17.25

I'm not sure VIX follows the market or Market follows VIX.

Volatality increases when market is falling (fear) and decreases when market is gaining (reduction in fear!)

May be when market is moving up (like today morning) Vix was increasing..may be we can get some clue that there could be a fall? Need to observe this more closely. :D
 
Yes i ve been monitoring it now. i am new in trading but straight got into this before any technicals /PA :confused: The vix goes up before any major event. If there is no event and some sudden unanticipated downmove or upmove or some fear then vix goes up again. This time more or less certain its the fear. when there is no news and people expect index to be stable with positive bias vix goes down.
Any backtested data with prove to what you post or just your personal view?
 

lemondew

Well-Known Member
Ya you can backtest it last 1 year. you ll know it.
VIX was highest before election results and nifty was going towards moon one way direction "UP". The theory that vix goes down when index goes up fails there itself. I also wish to add when index goes up and vix goes up does that mean markets going down no it never went down after results for sometime..

The rest you can back test it and come up with your doubts. :)
Any backtested data with prove to what you post or just your personal view?
 
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