Manish Damani

[saravkarun]

Sir, do u have any idea of spread trading?

 

[saravkarun]

There are some threads in the forum regarding spread trading, especially lead and zinc... Waiting for your views on spread.

 

[MANISH_DAMANI]

There are some threads in the forum regarding spread trading, especially lead and zinc... Waiting for your views on spread.

Earlier its works well but now become tricky as lead is not falling that much. But if u are using software - amibroker a afl which I got from traderji its good one. IF you make correct decsion intraday then you can make rs 1500-3000 in big lots. Even IF you want spread sheet calculation which I also got from traderji. But now Spread difference is above rs 10 I think as I am not constatntly watching that. But not falling much as earlier it use to be negative and give good profits of rs 6-7 but now a days difficult even broker SL hits in that.So it required huge knowledge and expertise. Better stay away stick to copper.:thumb:

 

[MANISH_DAMANI]

Housing starts --Exp-->920 K Prev-->954K Actual-->890 K
Housing starts MoM %--Exp-->3.6 K Prev-->12.1K Actual-->-8.5 K
Building Permits – Forecast-- >909K; Prior 903 K; Actual --925 K
Building Permits MoM % – Forecast-- >1.0 %; Prior 0.3 %;Actual 1.8%
Producer price index (mom) –Exp -0.3 %; Prev -0.2 %; Actual 0.2 %
PPI Ex food and energy (mom) –Exp 0.2 %; Prev 0.1 %; Actual 0.2 %
Producer price index (yoy)--Exp 1.5 %; Prev Data is negative for base matels n crude

 

[saravkarun]

Sir, thank you for your advice.

 

[MANISH_DAMANI]

crude by moning after my call at 5171 immediately gone to 5160-5161 and without hiting SL 2-3 times . Those who booked profit time to time (short term trader) will hope made good profit.

 

[MANISH_DAMANI]

sell crude here at 5276 sl 5290 for 10-15 points or more

5266 10 POINTS DOWN

 

[trade1111]

sell crude here at 5276 sl 5290 for 10-15 points or more

Good sir ..Your trades are quick and good .. But requires to be on line ..Thank you SIR :thumb:

 

[MANISH_DAMANI]

Good sir ..Your trades are quick and good .. But requires to be on line ..Thank you SIR :thumb:

Ya because if I dont be online chances of hiting SL is high.

 

[trade1111]

Ya because if I dont be online chances of hiting SL is high.

It doesn't matter sir ..Thank you .. So the trend is down for now ? and we can short on rise r8 sir?