Dear Friends, Today I got emotional after reading small message from Jacob, I feel blessed that nature has chosen me to do this job. Here is his message. Thursday, 23 February 2012 Name: Christian Jacob Dear Mahendra I bought your latest book when it came out, and I felt very nervous to spend this much money on a single book, but I must admit that I am now so glad I did buy it. I like the book very much because the wave of nature is something I noticed a long time ago on many different aspect life, and it makes sense that it should be there on all aspects of life. your calls are really incredible, and you should really be proud of yourself; I believe that creating your own path in life in a creative way is one of the most rewarding thing; I try to do that in my own life, but you definitely achieved that feat. Of course, thank you for the nice turn around in my portfolio, but I especially want to thank you for being who you are. The world needs more people like you. Respectfully Jacob Christian If you like to write about work, please put your comment http://www.mahendraprophecy.com/testimonials.php Thanks & God Bless Mahendra Sharma
Dear Members,
Flashnews of Day trading strategy for Thursday, 23 February 2012
Wednesday metals remained very positive, Thursday also we see positivity continuing in metals. Our buying call in platinum and sugar did extremely well, as sugar and platinum moved more than seven percent in the last two days in the last two trading session platinum moved from $1642 to $1725. Our next target is $1900 for platinum, $36.80 for silver and $1836 for gold.
Thursday’s trading range for metals:
GOLD: $1783.9 to $1768.90
SILVER: $34.09 TO $34.82
COPPER: $386.6 TO $378.8
PALLADIUM: $728 TO $712
PLATINUM: $1743 TO $1712
We still recommending avoid soft commodities at this stage. This is what we mentioned yesterday for soft commodities; Our buying call in sugar proven very accurate for TUESDAY, we recommend to hold position in sugar. Other soft commodities you can avoid as still medium and longer term positive cycle has not started like in coffee and cotton. Get in and out in other soft commodities. (All ranges are for soft is May 2012 contract):
Here is Thursdays trading range:
COFFEE: $205.30 TO $201.10
COTTON: $91.90 TO $89.30
COCOA: $2446 TO $2372
SUGAR: $25.09 TO $24.55
ORNAGE JUICE: $185 TO $179.20
One thing we have been constantly saying about bull market so weaker trend should be taken buying opportunity on Thursday.
Here is Indexes range for Thursday’s trading ranges:
AUSTRALIAN – 4278 to 4235
NIKKEI – 9563 TO 9505
NIFTY – 5528 TO 5469
HONG KONG - 21499 TO 21260
CAC – 3471 TO 3428
DAX - 6881 TO 6804
FTSE – 5909 TO 5853
S&P – 1361.75 TO 1346.25
NASDAQ – 2589 TO 2560
RUSSELL – 823 TO 808
DOW – 12988 TO 12845
Grains traded mix of Wednesday; Mix trend will continue on Thursday as well. Here is day trading range for Thursday:
CORN: $642.5 TO $632
WHEAT: $652 TO $636
RICE: $14.05 TO $13.78
SOY: $1280 TO $1265
SOY MEAL: $332 TO $326.90
SOY OIL: 54.63 TO $53.89
Thursday oil will trade mix but buy oil at lower level as still our indicators are giving positive sign. Natural gas will advance so buy gas on any weakness.
Thursday’s trading range for energy April contracts:
OIL: $105.17 to $107.01
NATURAL GAS: $2.84 to $2.65
TREASURY BOND – 141-22 TO 142-12
Wednesday Yen and Pound traded sharply lower, still we see weaker trend in both of these currencies. Just trade in and out in the other currencies.
Thursday trading range is here:
DOLLAR INDEX – 79.03 to 79.53
EURO – 1.3282 to 1.3187
AUSTRALIAN DOLLAR – 1.0679 to 1.0562
CANADIAN DOLLAR – 1.0034 to 0.9959
BRITISH POUND – 1.5748 to 1.5621
JAPANESE YEN – 1.2525 to 1.2427
SWISS FRANC – 1.0937 to 1.1018
RUPPEE – 49.07 to 49.35
RAND – 7.70 to 7.76
Best trade for Wednesday:
Buy dollar against all currencies, as dollar wave is showing powerful upward trend is on the way.
Don’t short metals at all.
Tuesday recommended stocks like PLUG, BLDP and FCEL traded very positive so hold position in these stocks and on other hand FNMA and FMCC came down sharply so take this as buying opportunity in these both mortgage stocks.
We are also adding two more stocks in our buying list – HYGS and QTWW.
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Thanks & God Bless
Mahendra Sharma,
Wednesday 4.30 PM, 22 February 2012, Santa Barbara