Elliott Wave Analysis of Natural Gas (MCX) India

Elliott Wave Analysis of Natural Gas Futures traded on MCX India. To be honest, this is the first time I am looking at this contract, and what I see is fascinating. There were so many easy opportunities to trade the Natural Gas Futures profitably on the MCX in India!...

EUR/USD update

I just want to clarify one little thing about my comments posted yesterday. Traders should understand that there are times when the road forks, in a manner of speaking, and the crowd chooses to follow one or the other route. If you understood my philosophy of trading,...

Elliott Wave Analysis of EUR/USD

Now that the EURO has completed its 5 wave downmove from the high of 1.4939, we need to revisit the big picture and ask ourselves again, ‘Has the EURO really posted a medium term top at that level’? In order to play the devil’s advocate, I can present the following...

Crude Oil Outlook

On 15th May, I prepared the first chart for a friend of mine in the Far East. The important point to note is this was done before Goldman Sachs came out with a bullish call on Oil. The set-up was right, and the moment that news hit the market, prices started going up....

Commodities call

You have all heard the news. Commodities rebounded from the biggest drop in almost two weeks after Goldman Sachs Group Inc. advised investors to return to raw materials….When Goldman Sachs analysts made their call yesterday, many commodities traders must have felt...