General Trading Chat

[traderniftybank]

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

Yes, today it made a HH and LL, then its bearish engulfing.
Sorry, I didnt check the values earliar.

 

[DSM]

Right.... The interest rates in West are much low compared to what we pay.....

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..

 

[vikas2131]

Right.... The interest rates in West are much low compared to what we pay.....

so is the deposit rate

 

[vijkris]

so is the deposit rate

if deposit rate is also near to zero, is there any fixed deposits there?
what other safe options are there? US/EU govt bonds?

 

[Fundootrader]

if deposit rate is also near to zero, is there any fixed deposits there?
what other safe options are there? US/EU govt bonds?

People with large amount of funds invest in bonds - those who have risk apetite - invest in mutual funds and also good amount of money comes to emerging markets MF - both bonds and equities - which flows to countries like ours

 

[DSM]

True... Make a big difference when interest rates are low. Companies can sell more at reduced cost, as their borrowing cost are low. People can borrow cheap, and there is greater demand for goods and services... . E.g Housing loan rate in US is less than 4% compare that to ours....

so is the deposit rate

 

[WaveSurfer]

SPX Daily

SPX futures 1h

Doesn't seem impressed by ECB rate cut

Lagta hai , ECB rate cut market ka top bana gaya

 

[princy01]

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

Sir

Ok i understand

But I think ST da is the most senior pivot method trader in the forum, so I hope he takes out the time to educate fine things as "he understands and trades" this method.

He is our only hope now as you said

I still don't understand how the short today was possible on pivot method @7510 price, because 3 minute DT was confirmed only below 7470....... But as most people don't know why and how it's a mystery as of now

 

[XRAY27]

Today i noticed a rare pattern in NIFTY spot EOD chart..

Bullish dragon pattern : i'm just presenting it for learning and it is not a recommendation to buy ...

Update

Target reached in daily and weekly and previous monthly candle high seems to be resistance as if now

 

[XRAY27]

Successful and Failure traders attributes