Let’s illustrate with a trade in sugar. Say we buy an October sugar futures contract at $15.44 and then we set our sell stop order below the market at $15.00. Now the market moves higher, to $15.95. Our smartest strategy is to move our stop up now from $15.00 to our entry point of $15.44, or breakeven. In other words, we would break even on the trade, more than likely. Later, if the market moves even higher, we can move the stop again, and now almost guarantee a profit. This type of activity is called placing a trailing stop, because it trails behind our trade and moves as the trade moves. This is smart trading. Master it, and use it.
Thursday, May 26, 2011
COPPER , NICKEL - UPDATE
COPPER-MCX
YESTERDAY WE TOLD COPPER
ABOVE 406.70.....
TARGET 408.50..... , 410.30.......
HIT OUR 2nd TARGET MAKE HIGH 414.75....
AND CLOSED ON 412.90.....
NOW WHAT EXPECT ? ? ?
ABOVE 413.50....
TARGET ARE 415.50....., 418.20.....
BELOW 411......
TARGET ARE 409.50....., 406.80......
for more detail contact us - niranjanpatel80@gmail.com
CRUD OIL - UPDATE
CRUD OIL-MCX
YESTERDAY ES TOLD
ABOVE 4530....
TARGET 4585...., 4650.....
SEE YESTERDAY HIGH 4619....
AND CLOSED ON 4602....
NOW WHAT IN CRUD ? ? ?
ABOVE 4620....
TARGET ARE 4650...., 4690....
BELOW 4560.....
TARGET ARE 4530...., 4480....
(more detail to our subscribers)
for more detail contact us - niranjanpatel80@gmail.com
GOLD, SILVER - UPDATE 26/may
GOLD-MCX
YESTERDAY WE RECOMMENDED TO
ABOVE 22,430.......
OUR TARGET 55,480....., 22,550......
SEE HIGH 22,568.....
AND CLOSED ON 22,501.....
WHAT EXPECT TODAY ? ? ?
ABOVE 22,525......
TARGET ARE 22,595....., 22,635......
BELOW 22, 460.....
TARGET ARE 22,430..... , 22,390.....
(more intraday detail to our subscribers.)
SILVER-MCX
WE ARE BULLISH FROM LAST TWO DAY
YESTERDAY WE TOLD
ABOVE 55,300.....
TARGET 55,505...., 56,100...., 56,609.....
YOU SEE MORE FIREWORK ABOVE OUR LAST TARGET
MAKE HIGH 57,682.....
( 1000 point up from our last target )
AND CLOSED ON 57,352....
NOW WHAT EXPECT IN SILVER ? ? ?
ABOVE 57,600....
TARGET ARE 57,817...., 58,059...., 58,522....
BELOW 57,100....
TARGET ARE 56,745...., 56,495...., 55,780....
(more live intraday detail to our subscribers)
for more detail contact us - niranjanpatel80@gmail.com
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