We Forecast .Markets Decide ..

Gap up opening in all the pound pairs this morning , fears of BrExit looms , no idea what will it be . I caution all retail investors to stay away until the decision is out . If you still want to take a bet then please keep your exposure small and prevent your account to be washed out . The volatility may intensify towards the D-Day hence CAUTION. I am not taking any trades as of now ..just watching for some moves to come . will  keep you updated shortly . World indices take a breather ,,may chop a while before they take direction . I still think that the Indian market may perform better in the long run ...waiting for triggers from agriculture data [as monsoons have arrived] ,  also analysts now expect some more lowering of interest rates from the new RBI governor after September . Traders can go long on the Nifty after this chaotic week and add to positions when it goes in their favor. Gold touched a new High and i remain bullish for 2016 . I will wait for the price to conso...

Hi Folks Sorry for being away for some while ....ahh..actually after a long time .. I will now be posting regularly now for this year 2016 . Will post some really good trades both on Short Term and Long term . So whats looking exciting at the moment Equities : S&P and world indices look a bit shaky ..i meant not sure if its the right time to enter . Lots of anxiety on the BRexit and markets will be volatile over the coming weeks . FX : Lot of movement in the GBP pairs last week and the Yen rallying to all time high .Looking for some nice entry by next week and would like to stay away in curency Commodities : Gold rallying to all time high and will looking to buy after a pull back ..Bearish on Oil for some time , until then away from other commodities So I am back in ACTION and await for my next post on Monday Happy Trading