I explain in this video how I view the relationship between ATR and RSI in true trend following situations. This is not about trend continuation or harmonics.
This is on the India50 - a 2H time frame. But always one has to look higher to understand the risk and rebellions that may be ahead.
Trading is not about investing. It is primarily about exploiting parts...
With the global stock correction coming to an end, we are looking for opportunities in the rebound.
India50 also known as nifty50 has held the 200DMA a few times now and in the last week we have he 3 higher lows.
Attention shifts back to the topside now and previous highs are targeted on break of 17900.
easyMarkets Account on TradingView allows you to combine...
This is the INDIA50. Lots of people are not interested in this but interest is growing. I show how I assess probability for the south for a short entry.
Disclaimer : As usual this is not a recommendation to trade securities or derivatives. If you lose your money kindly sue yourself.
The Indian stock market is not one I usually see talked about on Tradingview. However, it has been ripening for a short over the last few weeks. Markets decide their own course. Generally though the India50 appears to be weakening.
In this screencast I review a number of indices: the ACWI, US30, NASDAQ100, India50, Japan225 and SPUBYUP.
The picture is pretty grim. Some say that the world is heading into a deep recession that's likely to be worse than 2008. Some of course say 'no chance'.
The India50 and the Brazil60 are the two main indices, yet to take a nose dive.
The India50 is...
'Everybody' is watching the S&P500 and Wall Street. Some may have forgotten about the India50 (the NIFTY). It appears to be troubled. I've shorted at what I estimate to be a turning point (which is not advice for others).
If this falls, it could be ugly.
