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Forex

Two day FOMC meeting has been scheduled to end tomorrow with possible rate hike announcement.  Under such circumstances it is not wise to bat against JPY.  Especially USD/JPY which exhibits high correlation with US bond rates.  Our long USD/JPY is off the good start...

USD/JPY – Path Of Least Resistance Is Higher – 6/13/2017

Two day FOMC meeting has been scheduled to end tomorrow with possible rate hike announcement.  Under such circumstances it is not wise to bat against JPY.  Especially USD/JPY which exhibits high correlation with US bond rates.  Our long USD/JPY is off the good start...

Stock market Buy Sell

It is not good to come to any conclusion and make definitive arguments about the price action during the wee hours of a new week, but the price action is really appealing here. When everybody is long USD/CAD then the correction is inevitable.  Besides...

USD/CAD – A Pullback Is Due – 5/15/2017

It is not good to come to any conclusion and make definitive arguments about the price action during the wee hours of a new week, but the price action is really appealing here. When everybody is long USD/CAD then the correction is inevitable.  Besides...

crude oil pump

Crude Oil is sitting right where the resistance is i.e. 48.  Now the path from 48 to 50 may not be in a straight line.  Based on the price action, we are considering a quick short in this resistance zone if we get a...

Crude Oil (WTI) Is On A Slippery Slope – 5/11/2017

Crude Oil is sitting right where the resistance is i.e. 48.  Now the path from 48 to 50 may not be in a straight line.  Based on the price action, we are considering a quick short in this resistance zone if we get a...

Forex

If Brexit, US election, French election and announcement of UK election couldn’t scuttle the GBP/USD then what else could hamper the march of Her Majesty’s Quid !  We have prevailed in our dip buying strategy in pound against multiple currency pairs.  When people throw...

GBP/USD – Pound Is Roaring To Touch 1.4000 – 5/10/2017

If Brexit, US election, French election and announcement of UK election couldn’t scuttle the GBP/USD then what else could hamper the march of Her Majesty’s Quid !  We have prevailed in our dip buying strategy in pound against multiple currency pairs.  When people throw...

Keeping it simple will help to see the clear path.  World is made up of billion variables and any one can go haywire without notice and can ruin well laid plans, so of course we will be cautious about picking the levels and keeping...

NIFTY Trading Strategy – 5/10/2017

Keeping it simple will help to see the clear path.  World is made up of billion variables and any one can go haywire without notice and can ruin well laid plans, so of course we will be cautious about picking the levels and keeping...

Amid fundamental chaos, how a sound technical analysis can show us the right path is clearly evident from our NIFTY trade idea published a month ago.  We don’t even need to touch the chart and going to post it as it is, because those...

NIFTY – Not Ripe For Short Yet – 3/2/2017

Amid fundamental chaos, how a sound technical analysis can show us the right path is clearly evident from our NIFTY trade idea published a month ago.  We don’t even need to touch the chart and going to post it as it is, because those...

Forex

Forex market can be traded profitably both ways.  If you have good fundamental bias and if you can stick with the technical levels with discipline then all those pips are yours !  Good example is GBP/USD.  Currently it is offering the business both ways. ...

GBP/USD – Another BIG Buying Opportunity – 3/2/2017

Forex market can be traded profitably both ways.  If you have good fundamental bias and if you can stick with the technical levels with discipline then all those pips are yours !  Good example is GBP/USD.  Currently it is offering the business both ways. ...

Stock market Buy Sell

Ruchi Soya Industries Ltd stock ( ticker Ruchisoya ) is another addition to our ‘losers becoming winner’ series.  Earlier we have already discussed two more stocks and their possible good upside potential, namely – Unitech and Amteck Auto.  Since we have already mentioned the...

Ruchi Soya Industries Ltd ( Ruchisoya ) – Patanjali Effect – 2/16/2017

Ruchi Soya Industries Ltd stock ( ticker Ruchisoya ) is another addition to our ‘losers becoming winner’ series.  Earlier we have already discussed two more stocks and their possible good upside potential, namely – Unitech and Amteck Auto.  Since we have already mentioned the...

There are some trading decisions you make can be filled under “Insufficient Evidence” category.  Here you have to make decisions based on common sense rationale.  Data centric analysis will always point towards negative bias and you will never be able to find the reason...

Is Unitech Limited Stock A Buy? – 2/9/2017

There are some trading decisions you make can be filled under “Insufficient Evidence” category.  Here you have to make decisions based on common sense rationale.  Data centric analysis will always point towards negative bias and you will never be able to find the reason...

Forex

Both antipodeans – AUD/USD and NZD/USD poses the same conundrum and that is whether to short based on global clues and central bank bashing or go long  purely based on yield advantage.  At times, one factor is more powerful than another.  But it is...

NZD/USD – A Break Of 0.7500 Is Too Much To Ask For – 2/9/2017

Both antipodeans – AUD/USD and NZD/USD poses the same conundrum and that is whether to short based on global clues and central bank bashing or go long  purely based on yield advantage.  At times, one factor is more powerful than another.  But it is...