The script was volatile as expected. An increase in volatility says a lot about fear in other markets. The margin is quite high. Making money is easy but this is not gonna happen every week or every month.
Price is trading in a new territory. The margin required to enter into a trade has increased as the price has increased by 70%. Now you can't buy big quantity as fluctuation has risen, thus making stop loss quite large. So if your risk appetite is not that big you should think of bringing down position size. But if you're greed driven person this is your moment....
The script has become quite volatile. Traders unfamiliar with this volatility or used to the equity market will lose their minds. Nat Gas has crossed the 300 mark and now the nature of the beast has changed. And it is going to get worse and if you're a price action trader then you're going to have a hard time making money. Cause fluctuations are not backed by...
Today was the day for swing traders. There come some days when you can't help but make money. The market opened with the gap on the upside, stayed sideways for a while then started creeping down. At one point selling pressure was so high price hardly rallied. For swing traders, this was that day of the month. For scalpers, it was business as usual.
But the...
Opened with a gap of 3% on the upside. The start wasn't that good. A couple of losses were incurred at the beginning. But covered in later trades. Credit goes to "adding to the winners".
XNGUSD was sometimes leading and sometimes lagging. The script gave retailers ample amount of time to think. Even though the direction of XNGUSD and Natgas against the rupee was...
Even though Script opened with a 3% gap on the upside, the day was quite rewarding. Movements weren't that quick so trading manually wasn't that difficult. Buying on dips and selling on rallies was the name of the game today.
It started creeping on the downside for some time but that turned out to be a temporary fall. The Market gave abundant opportunities to...
Script opened with 5% gap on the upside, which was a surprise for awing traders who carried short position on tuesday. It remained irritating till 7 pm. Once the hope of filling the gap vanished it started creeping on the upside but it wasn't enough to cover the losses incurred due to the gap.
As always market favoured scalpers. Fluctuations were big enough to...
Script was quite good for scalpers till 6:30 pm, after that long stoploss orders got triggered. Selling was quite sharp and rally was shallow. It was a day for short sellers or should I say opportunists. I'm calling it a day now. Happy trading!
Script opened with a gap on the downside. Downward trend continued till 6:00 pm. From 7:30 to 9:00 pm weak long and weak short has been targeted. Overall day was sideways.
