Blog


  • Silver

    Karthik Rangappa on October 17, 2016

    9.1 – The Bullion Twins To begin with, I need to apologise for the delay in putting up this chapter. Perhaps this is the longest ‘in-between chapter’ break I’ve taken from the time I have star ..

  • Gold (Part 2)

    Karthik Rangappa on September 6, 2016

    8.1 – The London fix In the previous chapter, we discussed the various Gold contracts that are available on MCX. I want to begin this chapter by discussing how the prices of Gold in the spot market ..

  • Gold (Part 1)

    Karthik Rangappa on August 24, 2016

    7.1 – Orientation As you know, there are two commodity exchanges in India – Multi Commodity Exchange (MCX) and National Commodity and Derivative Exchange (NCDEX). MCX is particularly popular f ..

  • EUR, GBP, and JPY

    Karthik Rangappa on August 10, 2016

    6.1 – The other currency pairs We focused on the USD INR pair extensively over the last few chapters, and we now look into the other currency pairs that are traded in the Indian markets, namely the ..

  • The USD INR Pair (Part 2)

    Karthik Rangappa on July 22, 2016

    5.1 – Futures Calendar spread All else equal, the futures contract is always supposed to trade at a premium to the spot. This, as we know, can be attributed to the interest rate factor (cost of carr ..

  • The USD INR Pair (Part 1)

    Karthik Rangappa on July 6, 2016

    4.1 – The contract We make an extremely critical assumption at this stage – we will assume you are familiar with how Future and Options contracts work. Technical Analysis plays an important role ..

  • Impact of events (Brexit) & Interest Rate Parity

    Karthik Rangappa on June 28, 2016

    3.1 – Brexit, the event extraordinaire! I originally planned to dedicate this entire chapter to the USD INR pair, which as you may know is the largest traded currency contract in India. But then, th ..

  • Reference Rates & Impact of events

    Karthik Rangappa on June 21, 2016

    2.1 – Dual View Think about a stock, Infosys for example, when you buy or sell Infosys – your view on the stock is straightforward – you are either bullish or bearish on Infosys. Therefore, you ..

  • Currency Basics

    Karthik Rangappa on June 7, 2016

    1.1 – Module Orientation At the onset, let me give you a quick orientation so that you can set your expectations for this module. The focus of this module will be on three main topics – Curren ..

  • Max Pain & PCR Ratio

    Karthik Rangappa on May 16, 2016

    13.1 – My experience with Option Pain theory In the never ending list of controversial market theories, the theory of ‘Option Pain’ certainly finds a spot. Option Pain, or sometimes referred to ..