General Trading Chat

[arsh22g]

Equities, commodities...everything green today ....ekdum se slowdown khatam ho gaya kya :rofl:

 

[vagar11]

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

St sir,

The fall is always fast as compared as to the rise as Fear is stronger emotion than greed.

Bears go by escalators and bulls by stairs.

 

[praveen taneja]

# India Feb IIP @ 2.0% vs 0.8% exp (Prior -1.5%)

# India Mar CPI @ 4.83% vs 5.00% Exp (Prior 5.26% Revised)

 

[doctorshah]

IMD predicts abvove normal monsoon with good rain in drought hit Marathawada

 

[manish9300]

Re: Trading for a Living : Is it Possible

St sir,

The fall is always fast as compared as to the rise as Fear is stronger emotion than greed.

Bears go by escalators and bulls by stairs.

Bears go by escalators and bulls by stairs.
Its a myth.what would u call march rally? And what about yesterdays move?

 

[vagar11]

Re: Trading for a Living : Is it Possible

Bears go by escalators and bulls by stairs.
Its a myth.what would u call march rally? And what about yesterdays move?

Look at the sample size.
As Taleb said "Don't be fooled by the randomness."

 

[Vertigo_1985]

Re: Trading for a Living : Is it Possible

Bears go by escalators and bulls by stairs.
Its a myth.what would u call march rally? And what about yesterdays move?

i too used to have that opinion but after some research found it invalid at least in shorter timeframes, maybe our brain unconsciously picks out falls more than rises and gives them more importance..

 

[Smart_trade]

We need to differentiate between corrective fall (decline in a up trending market) vs impulsive fall in down trending market,similarly corrective rise ( corrective rally in a downtrending market ) vs impulsive upmove in a uptrending market.

Smart_trade

 

[praveen taneja]

??FII Activity 12th April 2016 ? Daily Cash segment summary

FII?s: + 307.72 Crores

DII?s: ? 61.74 Crores

FII Activity 12th April 2016 ? Daily Derivative Segment:

Index Futures: + 116.61 Crores

Index Options: + 2008.91 Crores

Stock Futures: ? 242.37 Crores

Stock Options: + 26.07 Crores

FII Activity April 2016 Series ? Summary Cash

FII?s: ? 543.02 Crores

DII?s: + 567.77 Crores

FII Activity April 2016 Series ? Summary Derivative

Index Futures: ? 4566.56 Crores

Index Options: + 2677.18 Crores

Stock Futures: ? 950.48 Crores

Stock Options: ? 169.05 Crores

FII Activity 2016 Yearly ? Summary Cash

FII?s: ? 4362.69 Crores

DII?s: + 22481.54 Crores

FII Activity 2016 Yearly ? Summary Derivative

Index Futures: + 6121.42 Crores

Index Options: + 26521.81 Crores

Stock Futures: ? 3092.73 Crores

Stock Options: ? 2126.29 Crores

 

[praveen taneja]

ET Now: Tax SetBack for FIIs: Madras High Court rules in favour of Government to tax inflows @ 30% TDS from Cyprus. Dismisses plea challenging the same. From 2000-2014, Cyprus accounted for Rs 38,300 crores of Inflows in India and Indian Stock Mkts.