Forecast for Stocks, Commodities and Futures

Many traders will be wondering what is moving the commodity market.Last Friday (04 Apr) all waited for NFP ( non farm payroll) data from US by 12:30 GMT.Operators made a quick upward rise in Crude oil and Gold by 12:00 -12:20 GMT as a false move to induce the traders to feel the data is out before time and also influenced them to expect weak data.

Then when then data was out and negative to USD sentiment,operators gave different perception/story to the same and corrected commodites quickly.Traders would be wondering why the market had reacted against the traders sentiment and media expectations.If they know that operators create the market sentiments and act against the traders when they follow the expectations,then the surprise will not come instead we laugh at their cunning act and use as good trading opportunity.

So understanding the operators intentions from time to time is like knowing your path before the travel.

Now week beginning false move they have made on Monday before the slide in crude oil and Gold during the week as trending move.Watch and understand the market rather than becoming tense before data and later get surprised with the market making volatile moves every time.

Regards

Dr.Sivaraman

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