China has begun trial of its new digital currency “e-RMB”, in four of its major cities. A full-fledged launch could be expected in May 2021. This move of China could potentially change the finance world forever. Let’s understand what “e-RMB” is and what effect it could have on the world.
When to use Bearish Diagonal Call Spread in Nifty?
Bearish Diagonal Call spread is neutral to bearish strategy which is executed by buying long-dated in the money call option and concurrently selling short-dated out of the money call option.
What is the Trading Context? How it helps you to take better trading decisions?
The trading context is nothing but collecting meaningful insights about the underlying trend, market structure, volatility, momentum, ongoing trading sentiment, overall investors, and traders’ mood, which will help traders to formulate their trading process and help you to understand the ongoing market dynamics.
[Free Course] Market Profile Vs Options Trading – 5 Part Series
This is an Introductory webinar series for those who want to get their expertise in Options Trading using Market Profile. It is a 5 part trading series webinar on Market Profile and Options Trading. If you are new to Market Profile and Options this series will help you to improve your trading decision-making skills better.
Why S&P500 is poised for a 10% correction again?
Last time I wrote about what could possibly go wrong with S&P500 index spotting a fundamentally overvalued reason and Price action on quarterly charts. This time it is more of a simple technical reason which explains why the 10% correction is due in S&P 500.
Simple Volatility Exploration – Amibroker AFL Code
Here is a simple Amibroker AFL Code to Explore (Scan) in Amibroker to get a picture about the recent volatility and how the volatility in the market is behaving to get a perspective about the market.
Nifty Trading sentiment turned negative – Apr 2020 Series Short term Outlook
Nifty Futures – Daily Charts Nifty trading sentiment turned negative at the close that breaking the streak of trending longs. And short term sentiment is pointed towards the weaker reference levels towards the weaker HVN levels 8700 which is double weaker around 8700. Nifty Futures – Dynamic Volume Profile Intraday volatility cooled off a bit […]
Is the Oil nearing the Bottom?
I woke up in the morning just to see the headlines “Oil Drops to 21-Year Low With Storage Filling as Demand Shrivels”. Ever-since OPEC and its allies agreeing to cut production by 9.7 million barrels per day, Crude oil continuing its downward journey.
USDINR Short Term Overview – Apr 2020
USDINR retreated from its All time high on last friday after RBI has decided to reduce the fixed reverse repo rate under liquidity adjustment facility (LAF) by 25 basis points thus discouraging banks from keeping their surplus funds with it.
Gold-Oil Ratio at the Historical High
Now with One ounce of Gold one can buy 83 barrels of Crude Oil. Gold-Oil Ratio is at the historical peak as the FED keep their money printing to stimulate the economy.
Price Discovery Process and How to Trade the Open using Market Profile
We know that the purpose of the exchange is to facilitate trading between buyers and sellers. Auction market theory is a basic stepping point to understand how the auction happens among the buyers and sellers.
What is the Fair Value of Metal Index?
Metal stocks are facing the worst drawdown ever and continued to be in drawdown since the start of 2018. The current drawdown stares at 60%. Never mind the damage is done and currently trading down below the fair value.