Tradezilla is India’s first ever exclusive and intensive ever online trading mentorship program for budding traders. Event will focus on providing quality information to Traders, developing dynamic thinking ability , self sustaining under complex market conditions and ability to separate trading signal from the noise.
Before stepping into Monday its better prepare yourself to face the music of volatility in the markets. Last Friday the outcome of BRExit vote on leaving the European union had made a huge shock wave across major financial markets including Stocks, commodities and currency markets. And Fridays price action had done a major structural damage on the time series charts.
Prediction Cycle Plugin is a simple and free plugin for amibroker which separates the underlying cycle component from the price and helps you understand the ongoing cycle. Gives a better perspective about the cycles happening the larger timeframes (Daily, Weekly,Monthly) and thereby better decision making.
Nifty and Bank Nifty sentiment turned negative on the EOD charts on the event of BRExit poll announcement. And the global markets also strongly reacted for the BRExit poll outcome. USDINR Spot closed around 67.8264 and GBPINR lost almost 5%. Reality, Capital Good and Metals are the Top Sector losers with looses mounting to more than 3% each.
After Dr.Raguram Rajan’s(RBI Governer) announcement that he will not continue in office for the second term, stock markets on Monday reacted with gap down and recovered on relief of BRexit fears. However from the currency front USDINR ended at 67.6 with strong momentum . EOD sentiment is holding positive and also the coral trend indicator turns greens indicating that a possible uptrend from here on.
Trading options is not going to be an easier task unless you understand the complexity of the market. This is where OptionsOracle comes handy. OptionsOracle is a powerful tool that allows testing of different options strategies using Options,Options Greek,volatilitys & stock-market information. The tool provides an easy interface to build a stock/options position and then test it using graphs and analytical tools.
Nice discussion about our Interactive Charts. In this webinar we discussed about Interactive Charts features, Indicators, Custom Indicators, How to get custom indicators in Interactive Charts and How to utilize the charts on mobile/tablets/desktop, How to compare two different time-series data, How to load/save templates, How to use drawing tools like fibonnacci, gann, pitchfork and How to take screenshot of your trading studies.
See examples of a head-and-shoulders pattern in a chart of SPY By Elliott Wave International A head-and-shoulders pattern is one of the most well-known classic chart patterns. In this 4-minute video from Jeffrey Kennedy’s Trader’s Classroom, you’ll see an example of a bearish head-and-shoulders formation and a bullish, inverted head-and-shoulders pattern in the chart of […]
MCX Copper peaked out during 28th Aug 2013 made a high around Rs513.05/Kg since then MCX Copper is in long term downtrend and currently trading around Rs313.6/kg. It is believed that struggling Chinese economy is the reason for the bear market in copper prices. To be noted China is the largest copper consumer (roughly 40 per cent of global copper consumption).
Sometime back we introduced Lin-Supertrend Live charts for 5min and 10min timeframe. Lin Supertrend is the responsive version of Supertrend V4.0 and the price component in the ATR channel is smoothed with linear regression to make the channel responsive to price movements thereby having tighter trailing stops and responsive change in signals as well.