Posts

Apple impact , Equities bearish , Strong Dollar

Apple failed to impress mobile users , with not so many changes in its new product Apple 7 ,  stocks dropped with the bearish sentiments globally .Users will await its launch next year as they may plan a surprise of their 10th anniversary . Equities dropped over the week , is it bear run or markets are just correcting naturally, very tough to say at the moment but i expect to be bearish until end of this year as Fed hike still uncertain in the coming months and there may be some uncertainty in the short term. Indian equities bullish in the long term but can retrace along with world indices , its definitely a good buy or top up at 8600 levels . can we expect a rate cut possibly not with FED uncertainty looming ahead . RBI may not take a chance in 2016 . Dollar was strong on bearish equities and i could see some buying in the buck against other currencies , at this moment i would like to short the Yen but looking for the right opportunity . I am adding another buy position at 1322 , thi

Markets Quiet , Awaiting APPLE product event

Big Day for Apple , all waiting their product event today . Are you long APPLE stock ...we could see lot of volatility here . As a trader we dont trade the news but rely on charts over a longer time frame . Keep your trades small over months and weeks and see your profit grow ...rather than trades which are bigger over a shorter time frame . Markets quiet overall , nothing actually moving . i could see some bearishness against the dollar but still optimistic in 2016 -2017 . traders speculating a weak dollar going forward in case FED does not hike rates in December and see sluggishness in manufacturing , employment and home sales Commodities slightly picking up and could see a major moves in 2016 . I am already long Gold and will continue to add positions in case i see a pullback in weekly and daily time frames. Overall global economy slowly picking up in 2017 with US will be the first one to be chugging ahead among all countries . Product innovation is the key with importance agri bas

Positions Long Term : Long GOLD 1327 : Aussie Rate decision , US manufacturing news

I am going long on Gold admit thin volumes due to holiday [Labor Day] in US . I feel this asset class will give us decent returns ahead . It may be bearish on the daily chart and may add to position in case it comes 1300 range Coming up ahead is Aussie Interest rate decision and US manufacturing news Keep watching my column Happy Trading 

Dismal NFP , Where is the dollar heading , will the Fed do it again

Hi folks Back after a long time ,  hope your trading and long term investments are going on well Yes . whats happening in the markets ...poor performance by the payrolls hit the dollar last week , i still see overall bearishness on the screen . AUD and NZD looking bright on the weekly charts over the long term and may gain over the weeks , is this the sign of gains on commodity markets ..Gold very bullish over the long term and I will buy on tuesday once markets is stabilized in volumes due to Labor Day holiday on Monday . Stocks still holding on to their gains  , but there may be a possibility of weakening over the weeks . As a Trader always looking to rely on longer timeframe charts as any asset class performs over a period of time , there is no point to play short term or intra day as emotional IQ performs over your intellect My next post will be on how beginners can start trading FX and indices Happy Trading 

BrExit in Focus , Expect Volatility , RExit will it dampen the Rupee

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 consolidate an

Back In Action : Strategies Trades and much more

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

Risk Off - On : Yen rallies : EM markets suffer

What a year to start with ..China PMI prints lower than expected , the end result :- stocks plummeted all over the globe . As China slows down ..will be there a ripple effect on the world economy .. Emerging markets face a severe threat with the big money going towards more developed countries .. we have already seen EM currencies under pressure in 2015 ..an i think it will continue for this year , with most countries to lower down interest rates to spur economic growth , we can see the carnage in EM currencies in 2016 . S&P , DAX all were in red as most of the indices over the world ... Yen as the strongest currency today as rallying among all basket of currencies . ISM prints lower , is interest rate hike decision by the Fed was a correct move . I have included my Live account details ..even though its a low account size ..what matters most is am i trading with the acceptable draw-down levels and profit It will be visible on your right side of the screen .. My next post wi