Friday, April 19, 2013
Trading Tips for the Day - 19 April 2013
FKLI will likely open a few points down, for the first trade one can attempt to Short 1-3 points above the opening price. Try get 5-7 points profit, and put a stop 5 points away just in case the trade goes bad. Close your position by the end of the day. Today's trading range is expected to be between 1690 and 1705.
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i think for the cpo mkt, the wave C 4 (b) ended at 2264. From here there will be a very strong bear rally represented by wave C4(c).My target for this very strong bear rally is around 2750 to 2800
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