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Here is Fridays Day trading ranges letter which is just introduced last week..

Thursday, 10 March 2016
MahendraProphecy.com
FRIDAY, 11 MARCH 2016
Friday's Daily trading ranges and strategies

Dear Members, 

Here are Fridays daily trading ranges. Subscribe to this most exciting service to trade in and out for day traders to make daily profit: http://www.mahendraprophecy.com/day-trading.php

 

METALS

Great selling opportunity on higher sides. 

GOLD:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
1277.00 TO 1257.00
Short Term : BOTH SIDE MOVE
Medium Term : NEGATIVE TREND
Long Term : NEGATIVE TREND
SILVER:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
15.74 TO 15.41
Short Term : BOTH SIDE MOVE
Medium Term : NEGATIVE TREND
Long Term : NEGATIVE TREND
COPPER:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
223.50 TO 218.30
Short Term : POSITIVE TREND
PALLADIUM:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
581.00 TO 573.00
Short Term : POSITIVE TREND
PLATINUM:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
988.00 TO 971.00
Short Term : BOTH SIDE MOVE
INDEXES

Great opportunity to buy indexes around the lower side. 

HONG KONG (CASH):
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
20088 TO 19908
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
NIKKEI:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
16875 TO 16429
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
NIFTY S&P (SPOT):
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
7528 TO 7441
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
CAC:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
4470 TO 4335
Short Term : BOTH SIDE MOVE
DAX:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
9705 TO 9452
Short Term : BOTH SIDE MOVE
DEX EURO STOXX:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
3060 TO 2959
Short Term : BOTH SIDE MOVE
FTSE:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
6111 TO 6011
Short Term : BOTH SIDE MOVE
FTSE/JSE (CASH):
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
45797 TO 45337
Short Term : POSITIVE TREND
S&P E-MINI:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
2003.25 TO 1977.25
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
NASDAQ 100 E-MINI:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
4328.00 TO 4245.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
RUSSELL E-MINI:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
1077.00 TO 1052.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
DOW E-MINI:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
17079 TO 16901
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
ENERGY

Trading in and out will remain the best strategy for Friday. 

OIL:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
40.35 TO 38.35
Short Term : BOTH SIDE MOVE
NATURAL GAS:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
1.81 TO 1.74
Short Term : BOTH SIDE MOVE
HEATING OIL:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
1.2475 TO 1.1975
Short Term : BOTH SIDE MOVE
RB GAS:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
1.4965 TO 1.4447
Short Term : BOTH SIDE MOVE
CURRENCIES

Mixed trend is indicated in all major currencies, but selling in Swiss Franc is recommended. And book some profit in Brazillian Real.

DOLLAR INDEX:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
96.68 TO 95.82
Short Term : BOTH SIDE MOVE
AUSTRALIAN DOLLAR:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
0.7500 TO 0.7395
Short Term : BOTH SIDE MOVE
CANADIAN DOLLAR:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
0.7539 TO 0.7457
Short Term : BOTH SIDE MOVE
BRITISH POUND:
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES
RANGE :
1.4352 TO 1.4242
Short Term : BOTH SIDE MOVE
EURO:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
1.1232 TO 1.1095
Short Term : BOTH SIDE MOVE
JAPANESE YEN:
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES
RANGE :
0.8888 TO 0.8768
Short Term : BOTH SIDE MOVE
SWISS FRANC:
SELL OR HOLD SHORT POSITIONS FOR NEXT DAY
RANGE :
1.0218 TO 0.9993
Short Term : NEGATIVE TREND
RUPPEE:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
67.42 TO 67.03
Short Term : BOTH SIDE MOVE
RAND:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
15.51 TO 15.24
Short Term : BOTH SIDE MOVE
REAL:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
3.64 TO 3.69
Short Term : POSITIVE TREND
TREASURY BOND
TREASURY BOND:
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES
RANGE :
164-21 TO 162-29
Short Term : BOTH SIDE MOVE
GRAINS

Short term traders can book some profit on higher levels.

CORN:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
364.50 TO 360.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
WHEAT:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
477.00 TO 464.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
SOY:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
892.00 TO 877.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
SOY MEAL:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
272.30 TO 267.00
Short Term : POSITIVE TREND
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
SOY OIL:
(POSITIVE TREND) BUY AND BOOK PROFIT AROUND HIGHER SIDE
RANGE :
31.73 TO 31.25
Short Term : POSITIVE TREND
SOFT COMMODITIES
COFFEE:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
123.10 TO 119.50
Short Term : BOTH SIDE MOVE
Medium Term : POSITIVE TREND
Long Term : POSITIVE TREND
COTTON:
BUY OR HOLD LONG POSITIONS FOR NEXT DAY
RANGE :
57.55 TO 56.12
Short Term : BOTH SIDE MOVE
COCOA:
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES
RANGE :
3065 TO 3014
Short Term : BOTH SIDE MOVE
SUGAR:
(NEGATIVE TREND) SELL AND COVER SHORT AROUND LOWER SIDES
RANGE :
15.06 TO 14.77
Short Term : BOTH SIDE MOVE

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