Monday, August 24, 2009

Review: Intra day Gold,silver Crude oil & commodity prediction -august 24,2009

Review: Intra day Gold,silver and Crude oil prediction -august 24,2009

Summary: All 5 prediction were directionally correct but silver and sugar trades did not start with corrections for implementing "Buy" strategies.

1.Crude oil: Short futures if oil opens with gains -for early morning gains.However it may be better to buy futures upon morning correction for gains by mid day-afternoon.


Eval:Buying oil futures in morning gave profits by afternoon. shorting in morning was proftable also but not preferred strategy as indicated




Evaluation: Profitable by afternoon since gold futures started with corrections





.3. Silver: Buy futures if silver futures corrects in morning. However both silver and gold may be volatile today.
eval: silver opened and traded in green from start.







.4. Mustard seeds ( NCDEX): a volatile futures trade.If mustard futures is in green at time o f morning trade/opening, short futures. Buy futures if there is sharp correction in morning hours

eval: Good profitable prediction based strategy





. Sugar -M Grade: Buy futures after waiting for a morning correction. short futures in afternoon if first part is profitableA specific buy-sell call may be given.disclaimer: all predictions carry risk. Pls adjust your trading portfolio to match your risk bearing capacity

eval: sugar futures started with last trading day's closing value; prediction of upward movement was correct

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