We Forecast .Markets Decide ..

Bitcoin , Etherum ....so on..are the buzzwords in today's economy  ..We here many rag to riches  stories on how they have become millionaires in short time ..Now do we join the bandwagon ..is it the correct value of these coins and what lies ahead . Some short info on what do they mean and how it started Its a digital asset to work as a medium of exchange to secure transactions and create additional unit of currency . Bitcoin was the first currency in 2009 ..after that many were created which are also called altcoins . Their legal status still remains a question as it varies from country to country and in some countries its used as a barter system also . Retail investors have jumped in to the bubble ..hoping that they will be rich soon ..but a word of caution ..even i am not sure on how will it be going forward .. Some points to think be fore you invest . 1. Its not regulated ..i meant there is no regulatory system ..like we have central bank in each country which decide on the cu

Its being long that i have written anything on the markets ,Not able to get time to write on the markets  So whats buzzing  ... S&P getting a breather now after hitting all time highs last few months , seems to be correcting at the moment at 2350 levels .. looks bearish at the moment and i will confirm my short entry may be next week Emerging equities doing good at the moment ..may be they are on a roll ...will scan some markets and update you shortly .Nifty has just hit the 10000 mark .is this a new base for Nifty ..need to check Currencies : Pound and Euro have got up from their lows , is the dollar bull over or still some steam left , Yen looking to weaken .. Gold : Right time to enter ..let me check should we buy being a Friday today  So Folks , will be consistent on my posts now ,,Be in touch ..and will post soon Happy Trading

Its being long that i have written anything on the markets , Sorry guys was busy on lot of things and now i have been settled , will be writing a lot more on the global  financial updates . So whats the news ... S&P getting a breather now after hitting all time highs last few months , seems to be correcting at the moment at 2350 levels .. looks bearish at the moment and i will confirm my short entry may be next week Emerging equities doing good at the moment ..may be they are on a roll ...will scan some markets and update you shortly . Currencies : Pound and Euro have got up from their lows , is the dollar bull over or still some steam left , Gold : Looking a good buy at the moment , but will enter after a pullback So Folks , will be consistent on my posts now ,,Be in touch ..and will post soon Happy Trading

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

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

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 

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