General Trading Chat

[phoenixbird]

Hi Experts,

Could some one comment if the trend line drawn are correct. If yes, I have two questions.

I bought few maruti equities on brexit day at 4000 price. The uptrend followed upto 5900 levels along and then the downtrend started. From a long term investor point of view,

1. at what price should one add more quantities to his positions during the uptrend (meaning increasing average buy price from 4000 to higher level) ?
2. Since the downtrend began and it broke the trend line around 5700 and further continued downtrend, should long term investors too sell off or upto what levels should they hold on ?

http://imagizer.imageshack.us/a/img922/7731/yw1PYb.jpg


thanks

 

[BearsTruth]

Trading in puts like intraday stock is much better than trading in any other way. Just see how 8000 PE is swinging 20 points up and down.

 

[traderniftybull]

yet another

about 75 - 100 points move in BNF likely
direction decide yourself

 

[traderniftybull]

yet another

about 75 - 100 points move in BNF likely
direction decide yourself

done, done !!!!!!!!!!!!

 

[traderniftybull]

yet another possibility (though time is less, closing time near by)

about 75 - 100 points move in BNF likely
direction decide yourself :

 

[traderniftybull]

yet another possibility (though time is less, closing time near by)

about 75 - 100 points move in BNF likely
direction decide yourself :

done, done !!!!!!!!!!

 

[timepass]

Nikki Haley being considered for Secretary of State
IANS | New York
November 17, 2016 Last Updated at 12:04 IST

Indian American Governor Nikki Haley is one of the contenders for Secretary of State or other cabinet positions in the Donald Trump administration, according to media reports on Wednesday.

Haley, a trenchant critic of fellow-Republican Trump during the election campaign, is scheduled to meet with him here on Thursday, according to his spokesman Jason Miller.

CNN and MSNBC reported independently that the South Carolina governor is being considered for the top diplomatic job.

They quoted unnamed sources in Trump's transition team that is working on gearing up his new administration that will take over in January.

Trump and Vice President-elect Mike Pence are reaching out to those who were critical of them for filling positions in the new administration.

A rising star in the Republican Party, 44-year-old Haley was elected earlier on Wednesday as the vice chair of the Republican Governor's Association.

The daughter of Sikh immigrants from Amritsar, her full name is Nimrata Nikki Randhwa Haley.

She converted to Christianity when she married Michael Haley, but both she and her husband have attended gurdwara services. In 2014 both of them visited the Golden Temple in Amritsar.

If she were to get a cabinet post, she would be the first Indian American to be in the US cabinet.

It would mark a political breakthrough for Indian Americans in a year that has seen four of them elected to Congress.

Kamala Harris became the first Indian American elected to the Senate and Raja Krishnamoorthi, Pramila Jayapal and Ro Khanna won elections to the House of Representatives where they will join Ami Bera who was re-elected. The four are Democrats.

...............

read more...

 

[cinderblock]

The Indian government would do well to treat this news with adequate caution and not get too excited.

Second gen Indians in the US are NOT Indians. In fact, they (vast majority) will go out of their way to prove that they have nothing to do with India (unless economically convenient). As far as India is concerned, it'd be better to have an "all American" on all the top diplomatic posts.

And of course being a Republican..it's even better!

 

[phoenixbird]

could some experts help me on my post number 47591

thanks

 

[vijayanscbe]

HH, LH, LL, LH was used by many price action trading system.

Our pivot trading system is also based on these.

If anyone interested in learning another dimension , which is some what similar to pivot trading system , you can take a look at this thread. Videos are clear and helpful to understand the concepts.

http://www.forexfactory.com/showthread.php?p=8722695#post8722695



P.S. If you think price action is Universal, irrespective of time frame and segments, then go ahead else leave it. Cos methods were discussed with tick charts and in forex segments .

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