Mon 2 Fri 16th April

This the Week in which not all Majors will follow each other some will lead and others to lag pick your best to trade Ranging Markets are hard to trade Trade you can Projection of direction

Comment by naivetrader1 on April 15, 2012 at 6:58pm

Hi Raj, considering,  the Indices (egSPX,  FTSE, DAX) have a decent -ve correlation with $; may we assume that the Indices are likely to follow this path?

Comment by raj patel on April 15, 2012 at 8:05pm

Each  follows the direction in its own weight it is not automatic that 1:1 ratio  will be followed. Observe the velocity of the counter parts and gauge the pace   on timely basis.Smart traders use many eggs in many baskets scanning for the best rewards.

Comment by naivetrader1 on April 15, 2012 at 8:16pm

'Sorry to bother u Raj. Would u plz explain 'overshoot' & 'undershoot'?

Comment by raj patel on April 15, 2012 at 8:30pm

Overshoots and undershoots are points where price exceeds the top and bottom shown in the data gramme. when price does not square with time  an overshoot or undershoot will occure till price catch up with time. Price will always square with time sooner or later. see last weeks posting.Its like Gaps that get filled because they went ahead of time.

Comment by Eddy Adrian on April 15, 2012 at 8:55pm

Hi Raj...Thanks for sharing the incredible info..Would u mind sharing about overshoots n understands using a currency like eu how it will behave..

Comment by naivetrader1 on April 15, 2012 at 9:11pm

Thanks a lot for that. Really interesting..... 'Would monitor, closely, this week.

Comment by raj patel on April 15, 2012 at 9:14pm

Eddy,

I have no way of knowing by how much each of the dollar counter parts will trade. The best way i follow the projection is by looking at the corrolation weighting of each index b4 the  open and end of each day.I hope that helps.

Comment by Jason on April 15, 2012 at 11:17pm

Hi Raj

Morning to you.

Thank you for your projection chart.

It is very helpful and all the best for the coming week.

cheers

 

Comment by Jason on April 16, 2012 at 5:51pm

hi raj

 

well done.

think your projection is working well.

 

Comment by colinwbarnes on April 16, 2012 at 9:08pm

hows it Raj..last week your model worked out close..and so far this week ..thanks for sharing your work with us../regards/colin

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