SMALL Silver is Launching Soon

We are happy to announce that MEX is going to launch a new product i.e. Small Silver which will be available in the MEX platform from Monday 3^rd October, 2011.

Name: Small Silver
Symbol: SSIL
Initial Margin: NRP 15,000
Profit/Loss: NRs 500 per NRs 1 change in 10 gm

Trading Strategy for 6/9

Gold

 

Our Preference: SHORT positions below 1645 with 1577 & 1545 in sight.

Alternative scenario: The upside breakout of 1645 will open the way to 1665 & 1690.

Comment: the immediate trend remains down and the momentum is strong.

Trend: ST Bearish; MT Range

 

Crude Oil:

 

Our Preference: SHORT positions below 80.85 with targets @ 77.5 & 76.6.

Alternative scenario: The upside penetration of 80.85 will call for a rebound towards 81.7 & 83.4.

Comment: the RSI is bearish and calls for further downside.

 

Silver:

 

Our Preference: SHORT positions below 29.9 with 24.9 & 22.85 in sight.

Alternative scenario: The upside breakout of 29.9 will open the way to 31.3 & 32.45.

Comment: the immediate trend remains down and the momentum is strong.

Trend: ST Bearish; MT Bearish

 

Note: Futures Trading is Subject to high risk, so trade in protective way.

Monday Opening Note

Major Markets are on Sell Off. So ignore all the buy calls for a while generated by indicators. Selling is safer for a while

Revised Margin for Gold Dec

It is notified that the GOLDEC11, MGOLDEC11 and SGOLDEC11 contracts released with reduced margin and the new margin requirement as follows.

GOLDEC11(1KG) :         NPR 81,000

MGOLDEC11 (500 Grams) :     NPR 45,000

SGOLDEC11(100 Grams) :     NPR 12,000

Long Buy Natural Gas

We Long Buy Natural Gas at 3.777

Sell Copper & Crude Oil

Sell Copper & Crude Oil on H1 Sell Set Up [American Session]

Buy Copper

Buy Copper around 638-39 SL below 635 for 645-655

New Product Release

Product	Code	Date
Gold December	GOLDEC11	9/19/2011
Mini Gold December	MGOLDEC11	9/19/2011
Small Gold December	SGOLDEC11	9/19/2011
Heating Oil November	HEANOV11	9/19/2011
Platinum January	PLTJAN12	9/19/2011
Soybean December	SBODEC11	9/19/2011
Sugar March	SUGMAR12	9/19/2011

 

Farwest Trend Tracker

Commodity		Trend	Suggestion
Gold		Down	Sell on H1 Sell Set Up [European/American Session]
Silver		Down	Sell on H1 Sell Set Up [European/American Session]
Crude Oil		Sideway	Buy above $ 90.75 [American Session]

Contract Expiry Notice

Product		Symbol	Expiry Date
Brent Crude October 11		BRUOCT11	9/15/2011
Mini Crude October 11		MCRUOCT11	9/19/2011
Crude October 11		CRUOCT11	9/20/2011

        

Evening Call:

Gold: Sell on H1 Sell Signal

Silver: Sell on H1 Sell signal

Crude Oil: Sell on H4 Sell Signal

Morning Call for 2068/5/27

Commodity		Trade Time	Opinion
Gold		7:45 AM-8:45 AM	Buy if H1 Generates Buy Signal
Silver		9:45 AM – 10:45 AM	Buy if H1 Generates Buy Signal
Crude Oil		7:45 AM – 8:45 AM	Sell if H1 Generates Sell Signal
Copper		7:45 AM- 8:45 AM	Sell if H1 Generates Sell Signal

Trading Strategy for American Session

Gold: Sell around 1857-1865 Stop Loss Above 1870 for 1825-1795

Silver: Sell around 41.14-41.30 Stop Loss Above 41.50 for 40.50-39.50

Crude Oil: Buy around 85.75-85.35 Stop Loss below 85 for 86.70-87.60

Swing Trading for European Session

Commodity	Minor Trend	Major Trend	Trend Reading	Recommendation
Gold	UP	Up	Upward	Sell on H1 Sell Set Up
Crude Oil	Down	Up	Neutral	Sell on H1 Sell Set Up
Copper	Down	Down	Downward	Buy on H1 Buy Set Up
Silver	Down	Down	Downward	Sell on H1 Sell Set Up

 

This is the highly probable strategy. Consider Market News, Technical Charts too whenever you enter into trade. Futures Trading is subject to high risk too. So trade as confirm signal only.

New Product: Mini Natural Gas

The following new product will be available for trading in the MEX platform effective from Monday, 12th Sep. 2011
Product : Natural Gas Mini
Required Initial Margin: NRP 12000
Symbol: MNAG

Sell Gold on Pullback

Sell Gold on Pullback around 1879-75 for 1750 SL above 1886

Key Data of US

US Job Data: Negative

Trade Balance: Positive

Try To Buy Crude Oil

Try to Buy Crude oil around 1:45 PM if H1 Generates Buy Signal

Target $90.50 – 91.45

(Buy only if H1 Generates Buy Signal)

Try to Buy Gold

Try to buy Gold around 1:45 PM if H4 Generates Buy Signal. Stop loss 1 dollar below the today's low Target: $15-$30 (Intra Day)

Trend Tracker for 2068/5/20

Commodity	Minor Trend	Major Trend	Trend Reading	Recommendation
Gold	UP	Up	Upward	Buy above $ 1930
Crude Oil	Down	Down	Downward	Buy around 6:45-10:45 if H4 Generates Buy Set Up
Copper	Down	Down	Downward	Buy around 9:45 PM to 1:45 AM tomorrow if H4 Generates Buy Set Up
Silver	Up	UP	Upward	No Recommendation for today

 

This is the highly probable strategy. Consider Market News, Technical Charts too whenever you enter into trade. Futures Trading is subject to high risk too. So trade as confirm signal only.

Trend Tracker for 2068/5/16

Commodity	Minor Trend	Major Trend	Trend Reading	Recommendation
Gold	UP	Up	Upward	No Recommendation for today
Crude Oil	UP	UP	Upward	No Recommendation for today
Copper	Down	Up	Neutral	No Recommendation for today
Silver	Up	UP	Upward	No Recommendation for today

 

Note: Since major markets are on sideways, we observe the market. And there is international holiday on coming Monday. So active trading is recommended from coming Tuesday only.

This is the highly probable strategy. Consider Market News, Technical Charts too whenever you enter into trade. Futures Trading is subject to high risk too. So trade as confirm signal only.

Trend Tracker for 2068/5/15

Commodity	Minor Trend	Major Trend	Trend Reading	Recommendation
Gold	UP	Up	Upward	Sell around 11:45 AM if H1 Generates Sell Signal
Crude Oil	UP	UP	Upward	Sell around 89.20 SL above 89.51
Copper	Up	Up	Upward	Buy Around 11:45 AM or 9:45 PM if H1 Generates Buy Signal
Silver	Up	UP	Upward	Buy around 11:45 AM or 3:45 PM if H1 Generates Buy Signal

 

This is the highly probable strategy. Consider Market News, Technical Charts too whenever you enter into trade. Futures Trading is subject to high risk too. So trade as confirm signal only.