General Trading Chat

[timepass]

This can be due to your internet or their servers - likely your internet but to be sure you will need to check another broker's Nest or Now. My mtnl connection too is giving lots of lag spikes recently. ping 8.8.8.8 varies from 20ms to 2000ms! But quote delivery has been ok with NOW.

That's why I asked here in the forum. NOW is working ok.

 

[mudraatrader]

I am not facing any lag issue with ZT.

Only issue that I am facing with this updated version of ZT is backfilling using DataTable by RTD. Though I solve it by doing it manually

 

[Vertigo_1985]

So, what are you using now ??

Using NSE NOW, its much much better than ZT.

Regarding our ISP being the cause of frequent disconnection.. yes thats a possibility, but if other trading platforms work fine with same isp then issue is with that platform only.

 

[Smart_trade]

Re: Trading for a Living : Is it Possible

The correction took 14 bars and if the breakout is strong, we expect it to break the top in less than 14 bars.( in fact good breakouts break it in 50 % time or 7 bars)...but it took 16 bars to just go little above the earlier top. This makes this breakout suspect ( for the timebeing, not saying that the market will not go above it). This may help in weeding out suspect breakouts.

The correction is marked 0 to 14 and rally marked by 0 to 16 . This means that the correction may continue for some more time .

Please dont use this observation as a stand alone trading system.

Smart_trade

 

[Blackhole]

what it means? how do u interpret in price action?

 

[Blackhole]

5 reasons why the Indian stock market rose on Monday :-

The first trigger was a statement from the government that it expects monsoon to be normal this year. The agricultural ministry is said to have directed states to chalk out plans to boost crop acreage and production in kharif season starting June. The statement said El Nino condition was declining and La Nina condition is expected take over going forward, which will perhaps favour a good monsoon this year.

The second trigger was a big jump witnessed in US stock index futures, which indicated a higher opening on Friday morning. Dow, S&P and Nasdaq futures rose about half a percent or more in early trade, while the Russell 2000 futures outperformed slightly. New York Fed President William Dudley said a cautious, gradual approach to rate hikes is appropriate. Meanwhile, US President Barack Obama is scheduled to meet Federal Reserve Chair Janet Yellen today. Reports indicate the discussions will touch upon the economy and Wall Street reform.

Thirdly, there was rising expectation that India Inc might surprise positively with fourth quarter earnings after two consecutive disappointing quarters. Some analysts on Dalal Street said sales of Nifty 50 companies will show some improvement in the March quarter for the first time in five quarters while net profit is likely to grow in double digits after a gap of six quarters. Crisil Research projected India Inc to report Ebidta growth of 7 per cent for the quarter ended on March 31, 2016.

Fourthly, Asian stocks edged up as Chinese inflation data fanned optimism that Beijing would continue its loose monetary policies.

Fifthly, European stocks saw a sharp rebound in opening trade. Europe's main indices fell as much as 1 per cent. Japan's yen rose to a 17-month high against the dollar and Germany's 10-year bond yield hit a one-year low. European stocks have fallen for the last four weeks, and another down week would mark their worst run in almost three years. -

U forgot short covering by big boys....:lol:

 

[mudraatrader]

In NF, will we get TJo number
In BNF, will it cross with ease in a single move :lol: or will it stuck few time before crossing BRN.

Is BNF moving towards BRN
Here will it do a 'jhatka' or do a 'halal'

disclaimer: I am not a non vegetarian, I am a pure vegetarian

 

[wisp]

5 reasons why the Indian stock market rose on Monday :-

The first trigger was a statement from the government that it expects monsoon to be normal this year. The agricultural ministry is said to have directed states to chalk out plans to boost crop acreage and production in kharif season starting June. The statement said El Nino condition was declining and La Nina condition is expected take over going forward, which will perhaps favour a good monsoon this year.

The second trigger was a big jump witnessed in US stock index futures, which indicated a higher opening on Friday morning. Dow, S&P and Nasdaq futures rose about half a percent or more in early trade, while the Russell 2000 futures outperformed slightly. New York Fed President William Dudley said a cautious, gradual approach to rate hikes is appropriate. Meanwhile, US President Barack Obama is scheduled to meet Federal Reserve Chair Janet Yellen today. Reports indicate the discussions will touch upon the economy and Wall Street reform.

Thirdly, there was rising expectation that India Inc might surprise positively with fourth quarter earnings after two consecutive disappointing quarters. Some analysts on Dalal Street said sales of Nifty 50 companies will show some improvement in the March quarter for the first time in five quarters while net profit is likely to grow in double digits after a gap of six quarters. Crisil Research projected India Inc to report Ebidta growth of 7 per cent for the quarter ended on March 31, 2016.

Fourthly, Asian stocks edged up as Chinese inflation data fanned optimism that Beijing would continue its loose monetary policies.

Fifthly, European stocks saw a sharp rebound in opening trade. Europe's main indices fell as much as 1 per cent. Japan's yen rose to a 17-month high against the dollar and Germany's 10-year bond yield hit a one-year low. European stocks have fallen for the last four weeks, and another down week would mark their worst run in almost three years. -

Now you are beginning to sound like a TV analyst

 

[wisp]

Re: Trading for a Living : Is it Possible

The correction took 14 bars and if the breakout is strong, we expect it to break the top in less than 14 bars.( in fact good breakouts break it in 50 % time or 7 bars)...but it took 16 bars to just go little above the earlier top. This makes this breakout suspect ( for the timebeing, not saying that the market will not go above it). This may help in weeding out suspect breakouts.

The correction is marked 0 to 14 and rally marked by 0 to 16 . This means that the correction may continue for some more time .

Please dont use this observation as a stand alone trading system.

Smart_trade

Da, thanks for sharing this useful info.

How do you use the bands in your chart for entry/exit?

 

[Smart_trade]

Re: Trading for a Living : Is it Possible

Da, thanks for sharing this useful info.

How do you use the bands in your chart for entry/exit?

The blue band is 15 AMA. If the price is above this band, then we are in buy mode.The saffron band is 6 AMA...

In a buy mode I will look to buy in correction.

ST