General Trading Chat

travi

Well-Known Member
we'll have to agree on how NR will interpreted :D
I'm counting them as inside bars, not narrow trading ranges which otherwise keep making higher highs :D That way nifty will always a narrow range unlike a volatile index and will not move 5-10% in a day.
 
I don't know what to make of this news. Could it be that the brokers will follow suit and trim down their customer list ??

Barclays Severing Ties With Up to 7,000 Clients to Boost Returns

Of course, the perception could be different in the foreign markets. Our markets with their obsession for statistics could behave differently.

I basically read this news as saying that Barclays bank is not making enough money and this is one way of cost cutting. In short, bad news for a big bank.
 

vagar11

Well-Known Member
Bollinger Bands answer the question of whether prices are high or low on a relative basis. By definition price is high at the upper band and price is low at the lower band. That definition – that bit of information – is incredibly valuable but it is even more powerful if combined with other tools, with other indicators for confirmation. - John Bollinger, Developer of Bollinger Bands.
 

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