Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, The Stochastic Oscillator “doesn’t follow price, it doesn’t follow volume or anything like that. It… Read More »
On April 5, 1933, FDR signed Executive order 6102 which made illegal “the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States” in the process criminalizing the possession of monetary gold by any individual or corporation. This was de facto gold confiscation; De jure it wasn’t, because as compensation for… Read More »
Last week we gave the Chopad level of 17220 Bank Nifty opened with Huge gap down and did not give any opputunity for Chopad Followers to take entry. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty as per Gann Wedge and Arc 16450 should be broken for further upmove… Read More »
Today’s jobs report was supposed to be a tiebreaker for the Fed’s September rate decision, giving fed funds and eurodollar traders some respite after a summer that has been a gut-wrenching, dramamine-chewing rollercoster. It did not, in fact it boosted uncertainty, with the probability of a September rate hike rising from 26% to 30%. … Read More »
The BSE Sensex and Nifty are trading near 13 months low and have declined 17% from the 2015 High which we saw on 04 March 2015. In Just 6 months Stock market have wiped out the gains made in past 13 months.Let me put the reason from both Technical and Fundamental Perceptive Sensex corrected by… Read More »
There’s no question that the world economy has been shaky at best since the crash of 2008. Yet, politicians, central banks, etc., have, since then, regularly announced that “things are picking up.” One year, we hear an announcement of “green shoots.” The next year, we hear an announcement of “shovel-ready jobs.” And yet, year after… Read More »
Last week we gave the Chopad level of 17850 Bank Nifty opened with Huge gap down and did not give any opputunity for Chopad Followers to take entry. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty as per Gann Wedge and Arc high of 17600 should be broken for… Read More »
Two years ago, when we first profiled Japan’s mysterious “Mister Watanabe” daytrader – aka CIS – we thought it may just all be a hoax. But, as his claims this week that he made $34 million trading the panic on Monday – “I do my best work when other people are panicking,” Bloomberg reports, CIS… Read More »
Submitted by Jesse via The Burning Platform blog, This is one of the best documentaries on the Crash of 1929 if you wish to get a feel for the times. You may find it interesting to watch the whole thing below.I have posted the entire documentary twice before: once, on the 80th anniversary of… Read More »
BHEL Positional/Swing Traders can use the below mentioned levels Close above 233 target 241/246/254 Intraday Traders can use the below mentioned levels Buy above 235 Tgt 238,241 and 246 SL 233 Sell below 232.5 Tgt 230,226 and 222 SL 234 BPCL Positional/Swing Traders can use the below mentioned levels Close above 898 target… Read More »