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crude oil pump

WTI Crude Oil is toying with the lower limit of the range again. Friday’s Baker Hughes oil rig count fell to 1192 Vs prior 1267. Irony is even if rig count is decreasing, oil supply is still increasing. So the bias is still negative...

WTI Crude Oil Trade Idea for 3/9/2015

WTI Crude Oil is toying with the lower limit of the range again. Friday’s Baker Hughes oil rig count fell to 1192 Vs prior 1267. Irony is even if rig count is decreasing, oil supply is still increasing. So the bias is still negative...

Previously established range of 1200 / 1220 has worked out pretty well for last few sessions. Seems like now it’s time to refine the parameters. 1220 for short still remains intact but have to lower the entry near 1190. Check out our previous Gold...

GOLD Range Trade Idea for 3/3/2015

Previously established range of 1200 / 1220 has worked out pretty well for last few sessions. Seems like now it’s time to refine the parameters. 1220 for short still remains intact but have to lower the entry near 1190. Check out our previous Gold...

Crude Oil is stuck between rock and a hard place i.e. strong support and resistance zone of 48 / 52 for last few sessions. Again last week’s Baker Hughes rig count isn’t showing any significant drop ( down 43 rigs, 1267 from 1310), which...

WTI Crude Oil Trade Idea for 3/3/2015

Crude Oil is stuck between rock and a hard place i.e. strong support and resistance zone of 48 / 52 for last few sessions. Again last week’s Baker Hughes rig count isn’t showing any significant drop ( down 43 rigs, 1267 from 1310), which...

Pound Note

If you haven’t sorted GBP/USD from 1.5420/1.5440 ( or even today from 1.5490 ) then you have missed the train already. Whether it’s in retracement mode or going to have deeper leg lower, we don’t know yet. But what we can say with probability...

GBP/USD Long Trade Idea for 3/3/2015

If you haven’t sorted GBP/USD from 1.5420/1.5440 ( or even today from 1.5490 ) then you have missed the train already. Whether it’s in retracement mode or going to have deeper leg lower, we don’t know yet. But what we can say with probability...

crude oil pump

Our Yesterday’s short is working perfectly. While that is encouraging, WTI Crude Oil is still not able to break 49. We will be watching this level closely and will be ready to book partial profits during any spikes low towards 48. Until something changes drastically...

Crude Oil Trade for 2/25/2015

Our Yesterday’s short is working perfectly. While that is encouraging, WTI Crude Oil is still not able to break 49. We will be watching this level closely and will be ready to book partial profits during any spikes low towards 48. Until something changes drastically...

Our previous Silver trade was right on the money and we are still exploiting the same range. Now as we mentioned in Gold trade idea, Silver is also shifting into the new range. New Range for Silver is 16.40 to 16.90. Playing along the...

Silver Trade Idea for 2/25/2015

Our previous Silver trade was right on the money and we are still exploiting the same range. Now as we mentioned in Gold trade idea, Silver is also shifting into the new range. New Range for Silver is 16.40 to 16.90. Playing along the...

Yesterday’s Yellen testimony did weaken the dollar and pushed gold from 1190 to 1210. Little short of our aforementioned level of 1220 for short. So for today we will look to get long around 1206 level for the possible retouch of 1220. Then again...

Gold Trade Idea for 2/25/2015

Yesterday’s Yellen testimony did weaken the dollar and pushed gold from 1190 to 1210. Little short of our aforementioned level of 1220 for short. So for today we will look to get long around 1206 level for the possible retouch of 1220. Then again...

For past week NIFTY has been hanging around 8750 and we have been stressing the point of waiting for proper levels to trade against rather then being chopped around. Today NIFTY has jumped and opened against the resistance level of 8850. Volatile market condition...

NIFTY Trade Idea for 2/25/2015

For past week NIFTY has been hanging around 8750 and we have been stressing the point of waiting for proper levels to trade against rather then being chopped around. Today NIFTY has jumped and opened against the resistance level of 8850. Volatile market condition...

NIFTY has been sticky at aforementioned level of 8750 for quite some time now.  We don’t expect any change from ‘Sell Rallies’ play from the professionals until budget this weekend and have been advocating not to fall for sucker’s play i.e. chasing and getting...

NIFTY Trade Idea – 2/24/2015

NIFTY has been sticky at aforementioned level of 8750 for quite some time now.  We don’t expect any change from ‘Sell Rallies’ play from the professionals until budget this weekend and have been advocating not to fall for sucker’s play i.e. chasing and getting...

Today’s most important event for Gold trading is Fed chair Yellen’s testimony at 10:00 AM EST. Yellen’s dovish stance will send gold soaring and more hawkish comments will make it tumble towards 1100. If you have missed the short 1220 from our previous trade...

Gold Trade Idea – 2/24/2015

Today’s most important event for Gold trading is Fed chair Yellen’s testimony at 10:00 AM EST. Yellen’s dovish stance will send gold soaring and more hawkish comments will make it tumble towards 1100. If you have missed the short 1220 from our previous trade...