General Trading Chat

[timepass]

Some more happy news from America

Commercial real estate a 'manageable' problem but some banks will close: Powell

https://finance.yahoo.com/news/comm...t-some-banks-will-close-powell-161201936.html

 

[travi]

Some more happy news from America

Commercial real estate a 'manageable' problem but some banks will close: Powell

https://finance.yahoo.com/news/comm...t-some-banks-will-close-powell-161201936.html

That's very confident given that debt ceiling is suspended

 

[hardik0007]

same

Holding VPL Trendline for 5th time

 

[cinderblock]

Brokers have given approval for extended trading in Index futures. 6-9pm

But US markets more often than not whiplash early in trade. Nifty is going to be a victim now.

 

[travi]

There is quite alot of divergence b/w nifty and BN. Historically, this was not a good sign but dont have metrics on hand to confirm. Anyone remember this?

 

[PreSap]

There is quite alot of divergence b/w nifty and BN. Historically, this was not a good sign but dont have metrics on hand to confirm. Anyone remember this?

Are you hinting that a bigger fall might come on a higher timeframe ?

When bnf and nf run in opposite directions my trades generally don’t work out well as it becomes choppy - is my observation .

 

[timepass]

When bnf and nf run in opposite directions my trades generally don’t work out well as it becomes choppy - is my observation .

Yeah. It fries my brains too. These are the days I just sit around frustrated and not trading, though the screen often brings up good trades

 

[travi]

Are you hinting that a bigger fall might come on a higher timeframe ?

When bnf and nf run in opposite directions my trades generally don’t work out well as it becomes choppy - is my observation .

historically thats what has been the case but im just recalling from loose talk. I wish some data cruncher guy could throw numbers

Even US indices are just where they are bcos of 5-6 stocks. Their banking indices are bleeding.

 

[PreSap]

historically thats what has been the case but im just recalling from loose talk. I wish some data cruncher guy could throw numbers

Even US indices are just where they are bcos of 5-6 stocks. Their banking indices are bleeding.

What does your TD system indicate - high level (Daily) trend wise?

 

[travi]

What does your TD system indicate - high level (Daily) trend wise?

BN flipped bear yest, but NS is bar #7 bull. bcos of this trading is hard

NS will remain bullish above 21850-700 but BN needs 46100-300 for bull.