General Trading Chat

[vivektrader]

St Da
thanks for all useful posts that you share time to time..
what do you mean by smaller degree visual downtrend..
In 5 min nifty chart, we are making Lower VISUAL HIGH & Lower visual low..
todays low..at 2:25 candel, we make another lower Vpl...so visual trend is down..& the rally we get at closing..so at closing we are in minor sideways..if tommorow in opening, we break todays 3:05 candel high, we will be in minor uptrend in Visual downtrend...or after opening, WE MAKE LOWER MPH, Thn today's 3:05 high become Vph ...
if tommorrow we break that New VPH, then we will be in visual sideways..is my understanding correct?i just want to clear & learn..
Thanks

Aren't we already in minor ut?

 

[niftytaurus]

Probably you and st sir are on same page on this one, my question is the first breakdown of vpl failed, so isn't it difficult to again short it at that level. Wouldn't it appear as sideways in live market.
Thanks

Vivek Bro
I am not experienced trader..but what I understood is, after 1:05 candel,we assure that 12:45 candel became a Lower VPh..what break down you mentioned, itself makes a Lower VPL..so we have already LowerVPL, & after 1:05 candel, we get lower VPH also, so short mpl,
thats my way to understand it..I make it simple, as soon I get a Lower vph & lower vpl..I may be wrong also..but it is what I do
thanks

 

[niftytaurus]

Aren't we already in minor ut?

Hi
For me Minor downtrend in doubt..as it breaks 2:15 minor high..but for me still minor uptrend is yet to confirm..
I may be wrong also..

 

[vivektrader]

Vivek Bro
I am not experienced trader..but what I understood is, after 1:05 candel,we assure that 12:45 candel became a Lower VPh..what break down you mentioned, itself makes a Lower VPL..so we have already LowerVPL, & after 1:05 candel, we get lower VPH also, so short mpl,
thats my way to understand it..I make it simple, as soon I get a Lower vph & lower vpl..I may be wrong also..but it is what I do
thanks

Thanks buddy, you made it clear.

 

[manish9300]

St Da
thanks for all useful posts that you share time to time..
what do you mean by smaller degree visual downtrend..
In 5 min nifty chart, we are making Lower VISUAL HIGH & Lower visual low..
todays low..at 2:25 candel, we make another lower Vpl...so visual trend is down..& the rally we get at closing..so at closing we are in minor sideways..if tommorow in opening, we break todays 3:05 candel high, we will be in minor uptrend in Visual downtrend...or after opening, WE MAKE LOWER MPH, Thn today's 3:05 high become Vph ...
if tommorrow we break that New VPH, then we will be in visual sideways..is my understanding correct?i just want to clear & learn..
Thanks

:lolont worry friend.All confusion is because the way we define pivots and trend .i dont use fVP(failure vp or mp below/above vp erl).so for me its minor trend up visual trend up at the end of the day.

http://www.traderji.com/derivatives/99863-pivot-trading-new-way-trading-168.html#post1143217

You are using Fvp so you are also correct in your analysis.Smaller degree visual trend is how St sir define trend of FVP.

 

[newuser_RK]

Was there a swing short trade at around XX50 levels which needs to be closed at par at close of trading today since no movement in profit...

 

[manish9300]

For swing ,we are in uptrend....for intraday we are in visual uptrend but we get smaller degree visual downtrend also within this uptrend. There is a possibility of developing visual sideways trading range also (7410-7495) .

ST

Sir ,
Break of mpl 7441 will form lower VPh and trend change is possible.But if a higher Vpl forms above todays Vpl than trend will turn sideways. so sideways range will be todays High and todays Low 7414-7498.Is this correct analysis?

http://i63.tinypic.com/23ho8ww.jpg

 

[vikas2131]

Italian Banks may Spark Another Financial Crisis

At the core of the issue is the concerning level of Non-Performing Loans (NPL’s) on banks’ books, with estimates ranging from 17% to 21% of total lending. This amounts to approximately €200 billion of NPL’s, or 12% of Italy’s GDP. Moreover, in some cases, bad loans make up an alarming 30% of individual banks’ balance sheets.

http://globalriskinsights.com/2016/0...ancial-crisis/

 

[vagar11]

My colleagues have asked me to take a session on stock markets. Some of them don't know anything about markets. What topics should I cover in 1 hour?

 

[vijkris]

My colleagues have asked me to take a session on stock markets. Some of them don't know anything about markets. What topics should I cover in 1 hour?

I feel u can see nism syllabus/reading material for creating the lecture.
if they want to know abt trading, that's a different topic and 1 hr is less for that..