Mercantile Exchange Nepal Limited, in its constant endeavor to promote and enhance the competitive level of the market participants, organized a two-day training program entitled, “Demystifying Trading Techniques in Commodity Market” at World Trade Center on 1^st to 2^nd of September 2012. The renowned figure of the Indian commodity market, Mr. Vishal Mehta, the Chartered Market Technician, affiliated with Bloomberg, furnished the training to over 180 participants over two days. The much anticipated training was attended by the broker members affiliated with MEX and Nepal Spot Exchange. The training included the much sought after contents of technical analysis including the highly favored indicators to the Fibonacci analysis to money management techniques. The popular Elliot wave and sentiment analysis along with the inter-market analysis was also taught to the audience. Other contents included the plan of action for intra-day, swing and positional traders and divergence trading amongst others. Mr. Mehta, being a trader for almost a decade himself, mixed theory with practical application to generate immense response from the participants. The huge mass on both the days spoke volumes of the interest and the willingness to learn amongst the participants. The audience was awed by Mr. Mehta’s presentation and the vast experience he brought along with it. At the end of the training, there was an interaction session between the brokers and the MEX and NSE management. The session was incorporated to solve any impending issues amongst the members with the participation of the higher authorities of MEX and NSE.

On behalf of MEX, I would like to thank the various participants for their active involvement in the program and wish them success in their forthcoming trading endeavors. Our appreciation would not be complete without thanking Mr. Mehta, who by transcending national boundaries, imparted valuable words of wisdom to our valuable members.