LockOnly subscribers can read the full article. Please log in to read the entire text.
Important Notice: Commodity & Forex Subscribers
Lock LockOnly subscribers can read the full article. Please log in to read the entire text.
LockAnnouncement: Maintenance & New updates details [MONEYMUNCH]
Go on Gail (India)…
Gail (India) Ltd. (daily intraday chart)
Buying opportunity is here for Gail (India) Ltd.
LockOnly subscribers can read the full article. Please log in to read the entire text.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Continue reading
Look up the chart CNX Nifty
CNX Nifty (daily intraday chart)
Did u think we miss it? Look up the chart and u will get your answer.
Click Here to see the old description.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Continue reading
‘Consolidation’ OR “Choppy” Market
You can earn Money in trading is made from finding an important trend of market. Losing Money in trading happens by missing or staying on the incorrect side of trends. Therefore, the Real Question is how do we guard and maintain our trading capital … herein one of parts which is called ‘Consolidation market’ OR “Choppy market”
Meaning of ‘Consolidation’ OR “Choppy”
Simply, Consolidation is known as trade in range which not crossing or breaking range. The fluctuations of an stock’s price inside a clear pattern or boundary of trading levels, called as ‘Consolidation OR Choppy’ In technical analysis. Choppy level of stock price is commonly known as a period of unpredictable , which ends when the price of the stock cracks the limited boundaries. Periods of Choppy market are known in charts covering when time interval.
Lots of traders are making more money whenever his or her setups happen, then again give their profits made into losses whenever the market runs towards CONSOLIDATION OR CHOPPY secessions, aren’t they?
Now, if you find Choppy secession of market, this information will keep you in Profit and you became one of Profitable Traders.
Yup, Choppy markets chop up your profits. Occasionally understanding whenever do not to trade is really as worthwhile as knowing whenever to trade.
Understanding your trading plans and trade and whenever to trade is your “offense.” Understanding whenever do not to take your trading plan is your “defense.”
To winnings at the trading game, one need both a Good offense and a Good defense.
[sws_pullquote_left]But, simply as notable, it also shows you how to predict the end of choppy conditions and the beginning of new trends … therefore getting you early into new megatrends! [/sws_pullquote_left]
As I properly describe it, this one is likely to be the best you can change to create trading strategy for the coming major opportunities in stock market. Lots of traders study about a trading technique by reading a book or purchasing a trading system, …
Can you be sure if the technique will really work for you. Do you jump right in to the market with real rupees and start trading away?
.
Some traders perform, and that is an costly way to learn that a system is not for you. Initially, let’s review various of the key data tips that can be collected and calculated in the back test process.
Please, Comment here…!
If you don’t know how to trade and if you are not making money than trade with in our association to make money and learn free advance technique of stock market trading, Elliott wave, Fibonacci Ratio, Divergence, Chart pattern, option trading, Future trading for Intraday and Positional Trading and get exclusive recommendation or tips.
To become a subscriber, subscribe to our free newsletter services. Our service is free for all.
Continue reading
Asian stocks hunker down as US financial obligation deadline looms
Asian stocks marked the occasion on Wednesday, with anxious traders praying that frantic talks in Washington to avoid a US obligations standard could contribute to a deal before the October 17 deadline, after which the government would run out of ways to borrow.
US Senate aides said an agreement to lift the government’s $16.7 trillion credit restrict was near but information still needed to be worked out, leaving markets clinging to desires that a statement will be made later on Wednesday.
MSCI’s largest index of Asia-Pacific shares outside Japan slipped 0.1 per cent, having drifted in and out of positive territory. It was still not far off a five-month peak set on Tuesday. Tokyo’s Nikkei was flat.
Financial bookmakers expect a similarly cautious start for European stocks, with London’s FTSE and France’s CAC seen steady. Germany’s DAX was expected to open 33 to 51 points higher, or as much as 0.6 per cent.
“Today is definitely not the day to be conducting any serious business as traders across the globe will be hypnotized by their TVs/terminals and anxiously waiting for something to hit the newswires,” Jonathan Sudaria, a trader at Capital Spreads in London, wrote in a client note.
That helped the dollar index, which tracks the greenback’s performance against a basket of currencies, hold its ground at 80.536, not far off a one-month high of 80.703 set on Tuesday.
Resilient
If Washington doesn’t reach a deal by October 17, the government will by law no longer be able to add to the national debt, and will have to rely on incoming revenue and about $30 billion in cash to pay the nation’s many obligations.
That money is expected to run out quickly and Washington would start missing payments in the weeks ahead. A global financial crisis could follow if investors decide that US debt, used as collateral for trillions of dollars in financial deals, no longer provided adequate security.
Fitch Ratings warned on Tuesday that it could cut the United States’ prized AAA credit rating.
With a large interest payment due on October 31, and $58 billion in other obligations coming due the following day, many analysts have circled Oct 31 as a possible date for default if Congress has still failed to reach an agreement.
But Elliot Clarke, an economist at Westpac Bank in Sydney, said the key date to watch out for is November 15 when $30 billion of interest payments are due.
“Moody’s and S&P have ruled that a default will only occur if interest payments are missed. Consequently 15 November becomes the critical date,” he said.
“How the market will respond to such a scenario is unknown, as we have never really experienced such an event.”
That is one reason why markets have so far been surprisingly resilient as investors have found it hard to price in a US default, traders said.
Continue reading