Dear Members,
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Here is complete day trading letter, here what we predicted in Mondays Day trading ranges letter (which was update): Monthly cost is $299, which is great deal.
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Monday's daily trading strategy and ranges from metals, Indexes, energy, currencies, softs, grains and bond
Dear Members,
Here are today's ranges and strategy for all major financial instruments. Higher and lower ranges mentioned below here so act accordingly. Here brief about understanding our recommendations.
Positive day means - Buy around lower side as prices may achieve higher side value, after buying one can book profit on higher and but don’t short at higher side value once prices achieved as possibility is that further price movement on higher side could be possible once our price ranges breached on higher sides and prices could move further higher.
During predicted Negative Day - Selling is recommended on the higher side and you can cover shorts around the lower side but don’t buy any extra net long positions at lower sides because prices can move further lower on lower side on same day or next day.
Important note: Once our higher side or lower side ranges achieve it doesn’t mean that prices can’t mean further in that direction. Day trading is a product designed to guide trends and prices on both sides. Many times, on an extra positive day we may not see lower side prices achieving as the market can move higher from half way, this case is possible when a bullish trend is there. On extreme negative days we may not see prices see higher side value, they can drop from the middle price so use your sense to take trade and I am sure you will make money in the 8 trades out of 10 trades.
METALS
– On Monday lower side buying is recommended in precious metals, trade in and out in base metals.
Monday’s trading range: (July 2020 future contract):
|
GOLD:
|
| (POSITIVE TREND) BUY AROUND LOWER SIDE AND BOOK PROFIT AROUND HIGHER SIDE |
| RANGE |
: |
1748 TO 1723
|
| Short Term |
: |
POSITIVE TREND |
|
|
SILVER:
|
| (POSITIVE TREND) BUY AROUND LOWER SIDE AND BOOK PROFIT AROUND HIGHER SIDE |
| RANGE |
: |
17.63 TO 17.01
|
| Short Term |
: |
POSITIVE TREND |
|
|
COPPER:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
263.15 TO 254.15
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
PALLADIUM:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1951 TO 1883
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
PLATINUM:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
833 TO 798
|
| Short Term |
: |
BOTH SIDE MOVE |
|
INDEXES
Monday’s astro combination recommendation: On Monday both side trend indicating but buying on weakness is our advice because positive trend will come on Tuesday. Also Monday market will rebound from lower sides.
Monday’s trading ranges: (June 2020 Contracts)
|
HANG SENG (CASH):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
24098 TO 23221
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
NIKKEI 225:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
22011 TO 21315
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
NIFTY S&P (SPOT):
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
10005 TO 9815
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
CAC 40:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
4852 TO 4611
|
| Short Term |
: |
POSITIVE TREND |
|
|
DAX:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
11975 TO 11595
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
EURO STOXX 50:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
3151 TO 3015
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
FTSE:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
6098 TO 5900
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
S&P 500:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
3021 TO 2923
|
| Short Term |
: |
POSITIVE TREND |
| Medium Term |
: |
BOTH SIDE MOVE |
|
|
NASDAQ:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
9811 TO 9375
|
| Short Term |
: |
POSITIVE TREND |
| Medium Term |
: |
BOTH SIDE MOVE |
|
|
SMALLCAP 2000:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
1402 TO 1317
|
| Short Term |
: |
POSITIVE TREND |
| Medium Term |
: |
BOTH SIDE MOVE |
|
|
DOW 30:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
25715 TO 24455
|
| Short Term |
: |
BOTH SIDE MOVE |
|
ENERGY
– On Monday buy oil on lower sides. Avoid or trade in and out in heating oil and RB Gas. Gas will be great buy.
Monday’s trading range (July 2020 contracts):
|
CRUDE OIL:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
36.51 TO 34.81
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
NATURAL GAS:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1.79. TO 1.69
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
HEATING OIL:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1.1201 TO 1.0611
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
GASOLINE RBOB:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1.1355 TO 1.0901
|
| Short Term |
: |
BOTH SIDE MOVE |
|
CURRENCIES
– On Monday most of currencies will trade mix so trade in and out in frontline currencies, but lower side buy some positions in emerging market currencies. Swiss Franc and Yen.
Monday’s trading range: (June 2020 future Contract)
|
DOLLAR INDEX:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
97.75 TO 96.88
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
AUSTRALIAN DOLLAR (AUD/USD):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
0.6895 TO 0.6801
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
CANADIAN DOLLAR (CAD/USD):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
0.7371 TO 0.7305
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
BRITISH POUND (GBP/USD):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1.25571 TO 1.2411
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
EURO (EUR/USD):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
1.1293 TO 1.1199
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
JAPANESE YEN (JPY/USD):
|
| (NEGATIVE TREND) SELL AROUND HIGHER SIDE AND COVER SHORT AROUND LOWER SIDE |
| RANGE |
: |
0.9355 TO 0.9268
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
SWISS FRANC (USD/CHF):
|
| (NEGATIVE TREND) SELL AROUND HIGHER SIDE AND COVER SHORT AROUND LOWER SIDE |
| RANGE |
: |
1.0538 TO 1.0439
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
INDIAN RUPEE (USD/INR):
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
76.15 TO 75.65
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
SOUTH AFRICAN RAND (USD/ZAR):
|
| (POSITIVE TREND) BUY AROUND LOWER SIDE AND BOOK PROFIT AROUND HIGHER SIDE |
| RANGE |
: |
17.33 TO 16.78
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
|
MEXICAN PESO (USD/MXN):
|
| (POSITIVE TREND) BUY AROUND LOWER SIDE AND BOOK PROFIT AROUND HIGHER SIDE |
| RANGE |
: |
22.73 TO 21.84
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
|
|
BRAZILIAN REAL(P) (USD/BRL):
|
| (POSITIVE TREND) BUY AROUND LOWER SIDE AND BOOK PROFIT AROUND HIGHER SIDE |
| RANGE |
: |
5.14 TO 4.97
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
GRAINS
– Buy corn, soy and meal on lower side, trade in and out in wheat.
Monday’s trading range (July future 2020 contracts):
|
US CORN:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
334 TO 328
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
|
US WHEAT:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
507 TO 496
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
|
US SOYBEANS:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
877 TO 868
|
| Short Term |
: |
POSITIVE TREND |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
|
US SOYBEAN MEAL:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
291.90 TO 298.15
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
US SOYBEAN OIL:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
28.00 TO 27.12
|
| Short Term |
: |
BOTH SIDE MOVE |
|
SOFT COMMODITIES
– Mix to negative trend on Monday but buy on lower side as Tuesday will be positive day for softs.
Monday’s trading range: (July 2020 Contract)
|
US COFFEE C:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
96.81 TO 94.35
|
| Short Term |
: |
BOTH SIDE MOVE |
| Medium Term |
: |
POSITIVE TREND |
| Long Term |
: |
POSITIVE TREND |
|
|
US COTTON #2:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
| RANGE |
: |
60.18 TO 59.00
|
| Short Term |
: |
BOTH SIDE MOVE |
|
|
US COCOA:
|
| BUY AROUND LOWER SIDE OR CARRY LONG POSITION FOR NEXT DAY |
| RANGE |
: |
2431 TO 2351
|
| Short Term |
: |
POSITIVE TREND |
|
|
US SUGAR #11:
|
| MIX TREND SO TRADE IN AND OUT MENTIONED RANGES |
|
|
TREASURY BOND
Monday’s astro combination recommendation – On Monday higher side selling is recommended in Thirty Year bond.
Monday’s trading range (June 2020 contract):
|
US 30Y TREASURY BOND:
|
| SELL AROUND HIGHER SIDE AND CARRY SHORT FOR NEXT DAY |
| RANGE |
: |
179-17 TO 178-07
|
| Short Term |
: |
NEGATIVE TREND |
|
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PUBLISHED ON SUNDAY, 14 JUNE 2020 5:30 PM PST TIME
