Monday 24 November 2014

TRADING IDEAS BEFORE ME

1) Selling Crude oil current month future around 77 - 78 to my target of 69.40-67.80. ( OPEC may cut production very modestly due to pressure from its members) but the price is already factored in. Stoploss for shorts is 81.85. The upper speculative target of Crude oil is 79.50 - 79.90. Potential target for any bullish move is 84.67.

2) NG will go down if crude oil crashes again to my target of 69.40.

3) Gold prices will hit 1268 - 1272,keep stoploss 1146.


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