Commodities

Mcx Ncdex Commodity Trading Tips

 

The GLD which is the popular gold tracking ETF is trading slightly higher by 0.15 cents to $119.88 on the session. There will be minor intra-day resistance around the 120.00 level and much more resistance around the $120.50 level. Please realize that the GLD is slightly overbought on the daily chart and this could be the reason why the GLD is not participating in today's rally.

 
buy around .50  buy in small qty i.e. 2000 for 1 - 2 years period Max risk Rs. 1000
by http://onlinetradingttips.blogspot.com/

 
EXPECT ONE MORE RALLY TO 5470-5490-5505 LEVELS.

DAY TRADERS BUY NIFTY.  POSITIONAL TRADERS BOOK PROFITS TODAY AND REENTER AT HIGH LEVELS.

THIS RALLY WILL LAST MINIMUM 3 DAYS.
http://is.gd/dITEx

I have been actively trading stocks, options and futures since 1986. Currently an active trader in financial futures (stock indexes, currencies, metals, bonds) in my speculative accounts, and leveraged ETFs in my 401K and Roth IRA accounts.

I have a very disciplined, non-emotional trading strategy which is based entirely on technical analysis, with specific entry, exit, and stop points. I incorporate strict risk management parameters, and will readily trade the long or short side of a position, per my trading indicators.

I also have 129 e-books available on all facets of trading, including Futures, Options, Technical Analysis, Gann, Psychology, and Sentiment. These are some of the best trading books on the market. Full listing attached. I'm not looking to make money on these, just trying to defray some of my costs.