General Trading Chat

[mudraatrader]

April IIP falls to -0.8% against 0.1% in March

Industrial output, measured by Index of Industrial Production (IIP) came in at -0.8 percent for the month of April. For March, the IIP had fallen by 0.1 percent.

Read more at: http://www.moneycontrol.com/news/ec...t-01march_6846401.html?utm_source=ref_article

 

[mudraatrader]

SGX Nifty (Jun 10) 8,160.00 -37.00

US and Europe markets are in deep red, as well

So, on Monday buffalo in deep deep water.

 

[Singhraja]

St sir please post swing charts if possible I took swing short yesterday at 8200 and once I early exit at 14 then Asian enter at 97 EOD I again exit at 88 add the trade not moved smoothly had I commit any mistake whts the strategy for Monday have you taken short please reply

 

[amitrandive]

 

[vagar11]

SGX Nifty (Jun 10) 8,160.00 -37.00

US and Europe markets are in deep red, as well

So, on Monday buffalo in deep deep water.

Hmm..Looking like that..

 

[sadiq]

One and half year ago oil price is 110 $..6 months ago it is 26$ and now 52 $ ..but in past two years nothing changed in this world ..like 1/3 rd of world not wiped out ..no new technology invented in auto industry ..no major changes in the industry which consumes oil ..not even no change in presidency of US ..then why the very important basic commodity like oil move like this ..seems oil prices are fixed by futures contract and futures prices are moved based on options volume build on that ..really a crazy world ..

 

[iwillwin]

Big nation involved in politics....
If open wants they can go again to below 30 $ or even above 70$-80$...
Shale gas is a huge boon for India as opec is forced to drive oil prices down to maintain market share and defeat shale gas production increase

We as traders must focus on the opportunity created by these politics and unbalances

 

[Rish]

One and half year ago oil price is 110 $..6 months ago it is 26$ and now 52 $ ..but in past two years nothing changed in this world ..like 1/3 rd of world not wiped out ..no new technology invented in auto industry ..no major changes in the industry which consumes oil ..not even no change in presidency of US ..then why the very important basic commodity like oil move like this ..seems oil prices are fixed by futures contract and futures prices are moved based on options volume build on that ..really a crazy world ..

Everything is moving based on cyclical pattern, based on price action....

Nothing is based on External Events (Events / News are added into that according to the trend) and News.

Crazy world with crazy traders.

 

[XRAY27]

Trading is simple,but not easy.it is our practice to a given successful setup/s which in turns makes it effortless

 

[vikas2131]

kya baat ha aaj...sab gayab ...?