General Trading Chat

Today we may see lots of forced liquidation,margin calls getting sent out etc..this is ideal environment for reversal but Chinese economy slowdown is the biggest fear for markets in this year...we dont know the extent of damage it can do so we have to trade each day with caution.

Smart_trade
 

jassinko

Well-Known Member
Today we may see lots of forced liquidation,margin calls getting sent out etc..this is ideal environment for reversal but Chinese economy slowdown is the biggest fear for markets in this year...we dont know the extent of damage it can do so we have to trade each day with caution.

Smart_trade
Sir, also today will be ideal day for vwap theory....rt??
 

Blackhole

Well-Known Member
Yes,but we have to see how market behaves around 2:40-2:45 and whether it builds up on the gap.

Smart_trade

ST bro,

Today i believe its WR7 day , support so it is end of current bear cycle(small term) ?does it suggest exhaustion? market should bounce back....not like a dead cat but it should?
 

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