General Trading Chat

[XRAY27]

I see myself teaching in US in five years: Raghuram Rajan

Months before his current term as RBI Governor ends in September, Raghuram Rajan Tuesday said he sees himself back in the academic world five years from now, while researching and writing in Chicago.

Complete story :http://zeenews.india.com/business/n...-us-in-five-years-raghuram-rajan_1851673.html

 

[Smart_trade]

So too soon to retest lows - till day before yesterday it was upswing -and now it seems the undercurrents will end up taking away pants of long traders today itself...

Most swing traders would have got into short positions yesterday itself and they will enjoy the down move.Swings can change any time and traders have to orient themselves as per the swing direction.

Smart_trade

 

[DSM]

If so, It is sad.....

RR is one of the most prudent and well respected bank governor - even internationally. If he is not able to serve in his own country, it is only because govt. wants 'yes men only' and thus independent, pragmatic and brilliant minds are sidelined - while they could be an asset to the country.

I see myself teaching in US in five years: Raghuram Rajan

Months before his current term as RBI Governor ends in September, Raghuram Rajan Tuesday said he sees himself back in the academic world five years from now, while researching and writing in Chicago.

Complete story :http://zeenews.india.com/business/n...-us-in-five-years-raghuram-rajan_1851673.html

 

[Fundootrader]

Most swing traders would have got into short positions yesterday itself and they will enjoy the down move.Swings can change any time and traders have to orient themselves as per the swing direction.

Smart_trade

St da

so what made the swing traders to change positions yesterday itself.

(I remember you explained with example recently to my query recently on why swing up - answer to this query with similar details will help us understand the position change in case of swing trade - like ERL etc)

All your advice is really valuable learning for swing trader

 

[pratapvb]

St da

so what made the swing traders to change positions yesterday itself.

(I remember you explained with example recently to my query recently on why swing up - answer to this query with similar details will help us understand the position change in case of swing trade - like ERL etc)

All your advice is really valuable learning for swing trader

red and blue is on 15min ama (intraday hedging of positional) ....green brown and black is positional

 

[amitrandive]

St da

so what made the swing traders to change positions yesterday itself.

(I remember you explained with example recently to my query recently on why swing up - answer to this query with similar details will help us understand the position change in case of swing trade - like ERL etc)

All your advice is really valuable learning for swing trader

For me a very simple definition is that Spot Nifty closed below 20EMA yesterday , so exit long and enter shorts .
Also carried shorts overnight.

 

[Smart_trade]

St da

so what made the swing traders to change positions yesterday itself.

(I remember you explained with example recently to my query recently on why swing up - answer to this query with similar details will help us understand the position change in case of swing trade - like ERL etc)

All your advice is really valuable learning for swing trader

It was a clear pivot low break in longer time frame ( 1 hour or even 4 hrs ) chart.Yesterday it gave one stop loss as there was a breakdown failure but on second attempt it worked smoothly.This is the reason that one has to try 1-2 attempts to get a good position.Stops of 15-20 points don't hurt as when we catch a trend we will make min 3-5 R or more.

In last 3 trades market has already given over 700 nifty points with one stop loss of 20 points.Last long trade gave 145 points....this short trade let us see how much it gives.No targets,no expectations just follow the price.

Smart_trade

 

[cinderblock]

Let's keep an open mind .................but I am definitely not fine by being working just for money and not exploring myself as well as my "play-field".

Your expectation from life is different from what most people on this forum want out of life. There's no point trying to explain yourself :thumb:

 

[Blackhole]

It was a clear pivot low break in longer time frame ( 1 hour or even 4 hrs ) chart.Yesterday it gave one stop loss as there was a breakdown failure but on second attempt it worked smoothly.This is the reason that one has to try 1-2 attempts to get a good position.Stops of 15-20 points don't hurt as when we catch a trend we will make min 3-5 R or more.

In last 3 trades market has already given over 700 nifty points with one stop loss of 20 points.Last long trade gave 145 points....this short trade let us see how much it gives.No targets,no expectations just follow the price.

Smart_trade

Awesome ST Bro!

Dont u trade spreads, hedges or condors?

 

[pratapvb]

Awesome ST Bro!

Dont u trade spreads, hedges or condors?

he still has his 7400 7100 6800 1:2:1 ratio put spread