Business Week's Gene Marcial Recommends China's ATA
Bearish market outlook for CPO futures!! Trading signal triggered!! Potential rebound?
Last week we had some good opportunity to make money by shorting FCPO Sept and Oct contracts when it triggered the sell signal after breaching the 3,518 critical levels on the intraday hourly chart. It was one of the confirmations based on Elliot Wave Theory that the previous rally was just a corrective wave. Last week, bearish breakdown signal was also triggered on the daily chart.
My goal with this blog is to trade my way to $10,000 starting with only $25, yes only 25 dollars. Now most people would say that is impossible, or would take a very long time. But I plan to do this in less then 8 months
(1.20^33weeks)(25 dollars)= $10,254 33 weeks= 8.25 months 20% every week for 33 weeks starting with 25 dollars will give you $10,254
Barron's Analyst Recommends BUYING Accenture- 20% upside
Futures and Options Strategy in Reliance Communications
Reliance Communications is a nice counter to play in futures and options. One of the easy strategy to play in this
stock is to Go Long Above 20day EMA and short below 20 Day EMA. Which works well if you applies to the 6 month chart of RCOM.
Read the article and dont forget to watch this counter in a close look