Category Archives: Positional Trading

On the short term Sell trade on Crude Oil, instead of target of $95.55-95.1, we are exiting @ $96.1. Profit of around $1!  Reason - Crude Oil didn't go down in the expected time and found good support at or around $96. It could … Continue reading →

Crude Oil in last 2-3 months is consolidating in a tight range of $8-10 and reached the upper band of around $98 recently. Going forward a lot of choppiness along with mean reversion in price is expected in next 2-3 … Continue reading →

On WEEKLY timeframe, USDINR has hit the upper part of various parallel channels in which its moving since early 2008! Also, it could be the probable end of the 3rd wave in Elliot Wave analysis! The region of 60.9-61.4 could … Continue reading →