Amit_Ghosh

Amit_Ghosh Updated 

Gladly I was scared on the last trade of Fedbank at here (check the comments) - and closed that at 121.7 with a minimal profit of .2 (it is nothing considering the brokerage though). It's time to chase it back once more though it is weak. I am attracted to the lot size of 5500. One point of the fed bank is a salary of many people.

Amit_Ghosh Updated 

Fundamental: It can be turmoil. There is German Economic Sentiment and manufacturing PMI but most importantly there is ECB interest rate decision. So Euro is likely (speculating) to be bullish. Also, USD has FOMC interest rate decision. So it will be a turmoil. So Wednesday and Thursday will be notable. Technical: When it comes near the red line; use TSL.

Amit_Ghosh Updated 

Doji is a sign of reversal as well as it is formed on the support line. It is a very very aggressive trade but the risk: reward ratio is amazing. Please use a strict stop loss.

Amit_Ghosh Updated 

The gap down and the past down-trend already factored the shit NPA it published leaving us a low-risk high reward scenario. I snapped November futures at 308.95. Ideal Entry But as it created a doji; it is advisable to enter at the breach of the high of the doji on a closing basis ( i.e. after a confirmed green candle). Apocalypse Idea Will buy Yesbank 300...

Amit_Ghosh Updated 

Well, it is a low-risk high reward setup and it's Justdial. Please keep the stop loss strict and update the TSLs as mentioned.

Amit_Ghosh Updated 

This is a pure gamble though but following a risk-reward of 1:1. Let's see what happens next. Chances of stop-loss hitting are higher though as USD main gain strength ahead of FED meeting on Saturday.

Amit_Ghosh Updated 

USD shot up and neared the resistance; betting on mean reversion.

Amit_Ghosh

Let’s take another example which is shown here The chart looks hugely messy here. XB = As long as it is less than .618 we are fine but we prefer it to be .382 to .500. Not satisfying. BD = As long as it is more than 1.618 we are fine but we prefer it to be 1.618 to 2.618. This is not much that important. Satisfying because it is assumptive but why not assume...

Amit_Ghosh

Just discusssions.