General Trading Chat

[TraderRavi]

almost 2% up in 15 mins

 

[DSM]

Seems it will be a trending day. Nikkei up 7.30% Shanghai up 3.90%

almost 2% up in 15 mins

 

[333]

almost 2% up in 15 mins

I was expecting 5% up today in both Index

 

[copypasteaee]

reversals are rarely sudden, expecting NF to test its low and make base before making up.

PS: following my system and not going to trade on basis of this bias.

 

[natjay]

Seems it will be a trending day. Nikkei up 7.30% Shanghai up 3.90%

It's happening because of a classic Short Squeeze -- short sellers being squeezed out of their short positions, usually at a loss, because of a rapid reversal in price and a rush of buying.

 

[copypasteaee]

It's happening because of a classic Short Squeeze -- short sellers being squeezed out of their short positions, usually at a loss, because of a rapid reversal in price.

short sellers are not at loss. they have 2 big shorts in their sleeve. 1 from 8k level and other from 7400 level.

 

[DSM]

Quite agree. Same happened to crude on Fri. Up 10%. Shorts will be forced to buy and trend will resume....

It's happening because of a classic Short Squeeze -- short sellers being squeezed out of their short positions, usually at a loss, because of a rapid reversal in price and a rush of buying.

 

[pratapvb]

in 7130-35 range .. once that clears

7165-70 ...and then above that nice up day

 

[XRAY27]

almost 2% up in 15 mins

Nifty EOD +ww

TR bhai !!!!

Just observe the candle and the volume... Whole drama is in that

 

[cinderblock]

NF train aaj hi apne long destination pe pahuch jaayegi kya?

Zara long-journey passengers ko bhi mauka do

If not, to agli train sahi :thumb:

Like a wise man said - bus train aur ladki ke peeche bhago nahi, ek gayi doosri aayegi!