General Trading Chat

[vijkris]

Euclid,

This is a common but wrong interpretation of Negative Interest Rates Policy(NIPR). It is not that the customer is charged interest on the money deposited with the bank.... rather, it is when banks park their excess funds with central banks that they are charged interest by the central banks - This is done to encourage banks to lend money to business.....

It's not the ideal way to boost the economy, but we are living in unusual and turbulent times.....

that means is it easy for common man/corporates to get loan in these countries..?
and will they charge 1% or less for these loans..?

PS: I m noob in these financial matters, sorry if my Q is wrong..

 

[arsh22g]

that means is it easy for common man/corporates to get loan in these countries..?
and will they charge 1% or less for these loans..?

PS: I m noob in these financial matters, sorry if my Q is wrong..

Not sure of the exact figure, but nominal interest rate is lower than India. The real interest rate, which matters, maybe higher. It is this real interest rate, which makes a currency stronger as funds will flow towards this higher real rate. Japan cut it's rate below zero because Yen was appreciating, their central bank wanted to make their real intereest rate, and indirectly currency, less attractive to foreign flows.

 

[arsh22g]

Look at the bigger picture ..Negative interest rate and more QE shows desperation of europe more than anything ..This reaction to stimulus was never supposed to stay for than a day or two (remember japan nirp)..This actually shows Central banks have lost control and this outright stealing from people by negative interest rate and ponzi market , they have been maintaining...is going down...I am quite sure now..nifty wont be ending 2016 above 7000..

Watch out for asset bubbles due to easy money, especially in start-ups. Every Tom, Dick and Harry is starting-up and even lala types are funding these.

 

[TracerBullet]

@wisp

Some things to consider when trading BOs with trend. Notes from ST posts

- How to identify if BO is valid

- Every breakout is considered to be a valid breakout unless it proves otherwise
- So on breakout, you have to trade in the direction of the breakout and buy above the pivot high or high of consolidation
- The market generally moves very fast after the breakout, so if you wait for bar to close above the pivot high then your entry will be away from your stoploss
- Even after closing above the pivot high,the breakout can fail as it does in rejection

- For below cases, It is better to wait for bar to close above and make a sideways base above the pivot high ..... and then we buy
- If the market is breaking out above the pivot high which is at previous resistance level
- It has failed on earlier occasions or
- The market has travelled a lot of distance from its recent low as it comes to break the pivot high

- Good breakouts are the ones where the market goes sideways just below the breakout, consolidates and breaks out with force and then never looks back
- As against that if the market coming from long distance to the breakout point without sideways consolidation are suspect breakouts
- They are more likely to fail as market spends its bullish energy for travelling till the breakout point and after the breakout it has no energy left to carry the breakout through

 

[WaveSurfer]

What if the banks decide to pass the negative rates to consumers ?
Economy is tanking because instead of serving the main street , banks started gambling in various instruments. The banks have become paper shufflers and are leveraged to the hilt. Whatever the Central banks are doing, it's not for the main street but just for gambling banks called investment banks.

The US federal reserve being a private body owned by the private gambling banks is serving its masters only. From fudging data to changing accounting rules , why doesn't the FED take on the bad debt of the public onto its books just like it does to the investment banks.

The Fed lent trillions to these evil banks at 0.25% to buy US treasuries and make cool 4% on that. Same should be awarded to the average Joe , no ?

What we are seeing is privatisation of profits and socialisation of losses by these evil bankers. Phony capitalism at its best !!!

In a free market , all these speculators should have been left to fail in 2008 but how can they fail when their creation can print money at will .

Who Owns The Federal Reserve?

 

[vikas2131]

Watch out for asset bubbles due to easy money, especially in start-ups. Every Tom, Dick and Harry is starting-up and even lala types are funding these.

There is not one but many bubbles right now in market...this time it will be 2008 on steroids...Another thing not to forget that there is war on cash going on to make sure people cnt save it even they want to..Look at Sweden it is going ban cash in 5 years...Cash Is The Currency Of Freedom and which is being taken away...and we already know what will the result of it...

http://www.zerohedge.com/news/2016-03-05/sweden-begins-5-year-countdown-until-it-eliminates-all-cash

 

[Somatung]

The US federal reserve being a private body owned by the private gambling banks is serving its masters only.

@WafeSurfer

That's an old story and posted many times here in the forum in the past.

The last time it was posted is here with even a great video about the whole subject .​

 

[timepass]

IMO, this does not qualify for bearish engulfing pattern.
Neither body nor whole of candle is engulfed by the preceding candle.

Yeah, the body isn't big enough. But it did make a higher high and a lower low.

 

[vikas2131]

What if the banks decide to pass the negative rates to consumers ?
Economy is tanking because instead of serving the main street , banks started gambling in various instruments. The banks have become paper shufflers and are leveraged to the hilt. Whatever the Central banks are doing, it's not for the main street but just for gambling banks called investment banks.

The US federal reserve being a private body owned by the private gambling banks is serving its masters only. From fudging data to changing accounting rules , why doesn't the FED take on the bad debt of the public onto its books just like it does to the investment banks.

The Fed lent trillions to these evil banks at 0.25% to buy US treasuries and make cool 4% on that. Same should be awarded to the average Joe , no ?

What we are seeing is privatisation of profits and socialisation of losses by these evil bankers. Phony capitalism at its best !!!

In a free market , all these speculators should have been left to fail in 2008 but how can they fail when their creation can print money at will .

Who Owns The Federal Reserve?

Capitalist is long gone ..it had not existed for decades now...today what we have is crony socialism and crony capitalism...

 

[XRAY27]

But ST da, how are a student expected to trade properly if we don't know all the tricks and fine prints of the VP method.

Kindly show us if these small details are already shared in forum somewhere....

If it's not at all shared then please share it with us, atleast give us something in writing so that we could understand it better, I understand that not all people will get to master the fine tricks, but at least share it, who knows with time people will understand it, or at least some will do

First of all it is a creation of Saint sir...he got banned due to violation of forum rules...

ST da is only addressing doubts or his own perspective on this subject as a senior trader and follower of this method, and that may not be what saint trades , any changes in that method is also unknown since his own forum is also stopped

Subhadip started a thread on this pivot version,people are learning there and finding answers!!!below is the link

PIVOT TRADING