ROUTE open count 3196. CMP 2111. Bullish abv 2126. Negation 1673
More from Abhishek
Nifty Futures Positional Trading Using Point & Figure Charts
Following this system on stocks since 2021 and started on Index in 2022
Based on Richard Dennis's Turtle Trading System and the P&F version was created by @Prashantshah267
Details
Chart Settings
Instrument: Nifty Futures ( Current Month)
Chart : Point & Figure
Box Size: 0.10%
Reversal Box: 3
Data Frequency- 1 Min
P&F Charts don't have concept of time but it has a concept Data Frequency, i.e. duration after which to consider plotting X or O on the chart
Since DF is 1 Min here, so we need to wait for 1 Min closing on P&F Charts for Entry, Exit Signals
The chart is an Intraday Chart & requires Intraday data
Which is available on the Real Time Tradepoint Software & on the Web Version of this software
https://t.co/oAshC7rfD1
-
Let's now Discuss Bullish Entry Pattern
The Entry Pattern is called as a Bullish Follow Through Turtle Buy Pattern
This actually comprises of 2 Parts
1. Bullish Turtle Breakout
2. Bullish Turtle Follow Through
For Entry, #1 must happen and there must be a #2 immediately
First Let's Understand the Bullish Turtle Breakout Pattern
This is a 5 X BO Pattern
If current column of X goes above highest ‘X’ in last 5 columns (including current column), then it is a 5-X Turtle breakout.
Following this system on stocks since 2021 and started on Index in 2022
Based on Richard Dennis's Turtle Trading System and the P&F version was created by @Prashantshah267
Details
Chart Settings
Instrument: Nifty Futures ( Current Month)
Chart : Point & Figure
Box Size: 0.10%
Reversal Box: 3
Data Frequency- 1 Min
P&F Charts don't have concept of time but it has a concept Data Frequency, i.e. duration after which to consider plotting X or O on the chart
Since DF is 1 Min here, so we need to wait for 1 Min closing on P&F Charts for Entry, Exit Signals
The chart is an Intraday Chart & requires Intraday data
Which is available on the Real Time Tradepoint Software & on the Web Version of this software
https://t.co/oAshC7rfD1
-
Let's now Discuss Bullish Entry Pattern
The Entry Pattern is called as a Bullish Follow Through Turtle Buy Pattern
This actually comprises of 2 Parts
1. Bullish Turtle Breakout
2. Bullish Turtle Follow Through
For Entry, #1 must happen and there must be a #2 immediately
First Let's Understand the Bullish Turtle Breakout Pattern
This is a 5 X BO Pattern
If current column of X goes above highest ‘X’ in last 5 columns (including current column), then it is a 5-X Turtle breakout.
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1/OK, data mystery time.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
This New York Times feature shows China with a Gini Index of less than 30, which would make it more equal than Canada, France, or the Netherlands. https://t.co/g3Sv6DZTDE
That's weird. Income inequality in China is legendary.
Let's check this number.
2/The New York Times cites the World Bank's recent report, "Fair Progress? Economic Mobility across Generations Around the World".
The report is available here:
3/The World Bank report has a graph in which it appears to show the same value for China's Gini - under 0.3.
The graph cites the World Development Indicators as its source for the income inequality data.
4/The World Development Indicators are available at the World Bank's website.
Here's the Gini index: https://t.co/MvylQzpX6A
It looks as if the latest estimate for China's Gini is 42.2.
That estimate is from 2012.
5/A Gini of 42.2 would put China in the same neighborhood as the U.S., whose Gini was estimated at 41 in 2013.
I can't find the <30 number anywhere. The only other estimate in the tables for China is from 2008, when it was estimated at 42.8.
I think a plausible explanation is that whatever Corbyn says or does, his critics will denounce - no matter how much hypocrisy it necessitates.
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party
One of the oddest features of the Labour tax row is how raising allowances, which the media allowed the LDs to describe as progressive (in spite of evidence to contrary) through the coalition years, is now seen by everyone as very right wing
— Tom Clark (@prospect_clark) November 2, 2018
Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel
He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:
He's wrong to prioritise Labour Party members over the public:
He's wrong to prioritise the public over Labour Party