We are proud to host in-depth two day workshop in Chennai on Technical Analysis and Amibroker AFL Programming concepts using Amibroker Software. It is not the usual seminar around the industry. It is all about taking that extra step to discover, know and share the trading ideas, challenges and Trading Discipline. Join Us at Benzz Park ,Chennai on 5th and 6th Aug ,2017 to qualitatively spend the your days in enhancing your trading skills, AFL Programming knowledge and exploring the full potential of Amibroker Trading Strategies.
Recently Yahoo Finance discontinued its Free API service to retrive quotes and historical stock market data and the service dead now. It is a big blow for financial market traders/investors who uses Excel, R, MatLab, Python based applications in their studies which fetches from Yahoo Finance API. If you are searching for the alternative then AlphaVantage will surely catch your eyeballs.
Python has taken the data analytics space by storm – more so in the financial services space. With the rapid growth of data and ever-increasing need to process data faster and getting results of back-testing in shorter spans of time, there is no other better time than now to delve into the world of languages like Python. To give a perspective, the Indian Market Fundamental Data on Quandl has a dataset of a little over 9.1 million rows.
EURUSD on the monthly timeframe trading in a larger balance between 1.0482 and 1.145 (rough estimate) since the start of 2015. Its been more than 2 years and EURUSD is trading is the tighter range on the larger timeframe. Now EURUSD is trading at the edge of the top balance. In the last view on EURUSD we viewed 1.0651 as a critical support zone for the uptrend to continue
Nifty likely to open gap up today around 9940 levels which is perfectly normal for a bull market sentiment. But then historical charts shows increased risk on long holdings as Nifty Futures have 10 more unfaded gaps in 2017 alone which indicates that new buyers are coming up at every gap up scenarios and every pullbacks. Street is now anticipating 10,000 the psychological 5-Digit magical figure.
On Fridays trading session price opened lower though the trading sentiment on Fridays trading session is positive price maintained to close below thursdays pullback low reference. Value formed lower to overlapping and trading sentiment turned to negative despite one timeframing higher for 5 consecutive trading sessions on Daily timeframe.
Volume profile is a key study when comes to understanding the auction trading process. Volume Profiles will show you exactly how much volume, as well as relative volume, occurred at each price as well as the exact number of contracts for the entire session. It is a visualization tool to understand the high activity zone and low activity zone.
On Mondays trading session price is able to find a new higher equilibrium compare to the Fridays session as value is created higher and market sentiment too revived to positive mode despite Fridays negative close. Entire June trading session is so far in a compressed 100 point trading range between 9600-9700.