Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
MCX Gold Crashed nearly Rs1000/ 10 grams from the high
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MCX Gold Intraday Chart
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MCX Gold Crashed nearly Rs1000/ 10 grams from the high. MCX Gold April Contract had crashed more than 3% and MCX silver had crashed more than 5%. Its the biggest one-day drop in 2-1/2 months, as a dollar rally following U.S. Federal Reserve Chairman Ben Bernanke’s comment on an encouraging job recovery prompted funds to heavily unwind bullish bets.
Rajandran R FollowTelecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in and Co-Creator of Algomojo (Algorithmic Trading Platform for DIY Traders)
Gold is a one trading instrument where fundamentals are outlawed while inflation is skyrocketing and globally Central banks are racing for the interest rate...
After a significant momentum in Silver 11.77 to 29.85 silver started correcting in the month of Sep 2020 towards 21.66. Last week silver plunged...
4 Replies to “MCX Gold Crashed nearly Rs1000/ 10 grams from the…”
Raj please confirm what will be the link to extract intraday Banknifty data for 5 days 30 mins?
@Sandy
Mailed You check it out
Rajandran, do you have any views on trading delta neutral strategies on gold? With this volatility perhaps it makes sense to put on a straddle on gold? Whether gold goes up or down, volatility is likely to expand here.
dear rajandran,any indications of gold being a buy here at 1721
Raj please confirm what will be the link to extract intraday Banknifty data for 5 days 30 mins?
@Sandy
Mailed You check it out
Rajandran, do you have any views on trading delta neutral strategies on gold? With this volatility perhaps it makes sense to put on a straddle on gold? Whether gold goes up or down, volatility is likely to expand here.
dear rajandran,any indications of gold being a buy here at 1721