Today's Trade & News

Dear Friends,

Here we are putting small part of last week newsletter. 

Dear Members,

Once again volatility is dominating all major markets. Last week gold and silver trend swing both side rapidly, many serious metal investors are very much concern of these swings. I warn metals investors to trade carefully BECAUSE S stop-loss trading won’t work at all, at t  his point you big investors are not sure to hold the position or not? New investors trying to find out current value is right to enter?

My small knowledge of markets says that whenever any markets trade with high volatility at historic high, that should be right time to stay away from that markets rather than trying to make few thousand dollars, or best way is options puts/call.  Look at Swiss Franc, feel from 1.4245 to 1.2200, in the two week’s time. 

S&P or USA market buying against selling European market proven best bet at this stage, this trade we have been recommending since last two months and still we recommend keep adding position in USA Markets.

Let’s see what this week indicates as most of members are waiting anxiously to read predictions about metals and stocks trend:

WEEKLY NEWSLETTER FROM 29 AUGUST to 2 SEPTEMBER:

GOLD/SILVER 

Last week we mentioned that 30 August will be very crucial days as per planetary movement’s, yes it looks very crucial after doing detail research. Here is few points which will allow you to make right decisions and surely I will come out with updates on Monday and Tuesday.

For short term traders:

1.     Monday metals will try to regain, if they start trading weaker in Asian and Europe will give clear signal that metals will correct sharply on Monday. If still trading positive on Monday and Stay positive will give extra boost to gold/silver.

2.     Tuesday is again most crucial day for gold and silver, no matter what circumstances happens, Gold and silver should close positive otherwise this will be most negative indications.

Medium term traders:

1.     If gold and silver close negative on Monday and Tuesday, will confirm that medium term gold and silver will fall. This fall can continue for the next two weeks.

2.      If gold and silver remain positive on Monday and Tuesday remain positive will confirm gold and silver will see $2000 or even $2300 before end of year.

In short Monday and Tuesday will reveal future of metals trend and it will be very easy for me to predict the trend from here onward.

In simple word, sell gold and silver if are trading weaker on Monday and Tuesday, buy if they trade positive and close positive on Monday and Tuesday.

I will write mini newsletter only on metals on late Tuesday or early Wednesday.  I will also update you after Asian opens on Monday. Higher side gold may not able to break last week high of $1918 and silver $44.38 for the next four weeks……

BASE METALS 

Moon…

COFFEE/COTTON/SUGAR 

Last week coffee kept moving higher, this week we still see higher prices in coffee and it may move to $292….

COCOA/LUMBER 

Keep adding position in cocoa and lumber as both of these soft commodities will move up sharply. Cocoa prices will gain after late Wednesday, down side cocoa may touch $3029, and upside it may touch $3129….

Lumber will be best performer during this week, buy lumber around $236 and target $252 to $258.

Orange juice will trade sideways or weaker or sideways, avoid trade in orange juice.

STOCK MARKET 

Our members should keep adding S&P on any weakness and hold your sell position in European markets. DAX has been worst performer.

This week Asian markets like Hong Kong, Singapore and India will remain in sideways trending range so we are not expecting any excitement during this week. Monday Asian markets will trade positive but late from Tuesday they will trade weaker and Thursday onward they will trade positive because of DOW and S&P. Keep adding sell position in European markets.

GRAINS 

Last week grain prices went up, avoid any trend in grains. Monday grain prices will remain mix but from Tuesday prices of grains will fall and weakness will continue until Thursday. Buy grains on Friday or Next Monday because prices of corn, wheat and Soy will rise again next week, they may high of 2011.

Buy corn at $732, Soy $1408 and wheat $742……

OIL 

 This week oil will remain in the same trading range of last week, sell oil around $87.50 and buy around $82.70. Monday…

Natural gas will remain sideways for the first three days but from this week Thursday prices will gain. Natural gas range will be $3.87 to $4.14.

CURRENCIES 

This week planets are giving two best trades in currency market, first one is selling YEN and second one is buying Canadian dollar. Buy Canadian dollar around 1.0120 and target 1.380. Sell Yen around 1.3059 and target 1.2812.

This week all currencies will trade in range without giving any clear directions on one side so we will send you daily range in flashnews.

Euro zone has not come out with clear strategy on Euro and debt, planets are giving clear indication of fall of Euro in medium and longer term. We clearly see euro going below par value in the longer term. Next two week all currencies will trade in the range before they adopt new path in either directions. This below range is only for Monday.

Best trades of this week:

BUY LUMBER and hold coffee

Buy Canadian dollar and Sell Japanese Yen

Thanks & God Bless

Mahendra Sharma

Sunday 28 August, 12.20 PM Pacific time zone