...............Stock Market Forecast: Thursday, May 13, 2010

Thursday, May 13, 2010

Gold update-8a

Gold Achieved near term target $1248.00

Gold made high on 12th may $1247.90 (spot gold).

Given Buy Call @1232.20 Intraday Target $1248.00

Eswar

Disclaimer:- Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.

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Gold calls services &Charges

We are offering different range Gold Buy & sell calls dependent on Time- Price Range

Intraday/ Short/ Medium/ Long Term calls.

Day Trade Calls : Buy/ Sell

Each call target $3 / $ 5 to $8/ $11 with a proper stop

Short Term calls : (Buy/ Sell)

Each call target 20 to 25.

With stop or we may request client to average the positions

(1or 2 calls per month. more calls dependent on market conditions)

Medium Term calls : Buy/ Sell

Each call target : $45 to 60

with stop $20 or we may be ask to average the positions at any time.

(Target time duration 1 month to 2 months usually)

Long Term calls : Buy/ Sell

Each call target 60 to 100+

with stops $30 or we may ask to average the positions at certain levels.(If necessary )

1st entry Call will be provided at our expected highs or lows points reaching time.( ie:1st Resistance / Support levels area.).Target Time Duration 1 month to 4months usually

We might change or ask to exit in existing positions at any time in short/ medium/ long term calls .If any unexpected events take place in markets or if price not move according to our expectation.

All calls will provide through Yahoo messenger in market hrs. More calls will be provided based on markets trend /Trading Range/ OPPORTUNITY.

Never hold intraday calls for next day...Traders need to close intraday calls on same

day before market close even stops not trigger or target price not Achieved .Unless we ask to hold the position for next day.

Short / medium/ long term calls time duration will be informed

To Clients at the time of call only

Intraday calls:

(Monday to Thursday)

Each day 1- 2 calls

If any call stops triggers then recovery call will be provided on same day or next trading day.

SERVICE CHARGES

For intraday calls service charges: Monthly $150

Intraday +Short term calls service charges: Monthly $225

Only Short Term call service charge: each call $ 75

Only Medium term calls service charges per each call: $150

Only Long term calls: each call charge $150

All calls ENTRY/ EXIT / STOPLOSS According XAUUSD price only .Those who are trade in futures and their local exchanges they need to convert my provided ( xauusd) spot prices into their local currency / futures price.

Note:

All my views and calls are based on Astrology & planetary transits/ technical/Natural laws and with my past experience. I am not considering other matters like political, Domestic & International economical situations, Natural calamities, Changes in Govt. policies, Changes in Stock/commodity exchange policies etc. Traders/clients need to be aware of those matters themselves. So if any of my views /calls fails or stop loss triggers, those are beyond my astrological knowledge and expectations. Clients need to prepare and bare the losses if stop loss triggers. My astrological views and calls are some Guidance to you in your trading to avoid capital risk .

I am not giving any assurance or guaranty for my views /calls. Clients need to take their own decision on my every view/call. I am not responsible for any loss that occurs in your trading.

Members should understand that “futures and options” trading is Involved with high risk.

My sincere advice to small traders...Don't trade in /Gold/ Silver/Crude futures if

You are not having good funds with you.

The services will start from after accepting above conditions and one month advance payment.

If you agree with above conditions and willing to join as a paid member, then let me know ur willingness and which calls services you are preferring .I will provide the Bank a/c details for Payments and Yahoo Messenger ID for further communications.

Regards

Eswar

Disclaimer:- Any decisions in financial markets are solely the responsibility of the reader, and neither the author nor the publishers assume any responsibility at all for those individual decisions.

Gold Mmarket Timings

New York Market

Market hours (local time)
8:20 AM - 1:30 PM.

New York Futures Division gold futures and options are two ways of trading gold in New York. They provide an important alternative to traditional means of investing in gold such as bullion, coins, and mining stocks.

New York ACCESS MARKET®

Market hours (local time)
2:00 PM - 8:00 AM Mon-Thu
7:00 PM - 8:00 AM Sun.

After-hours futures trading is conducted via the NYMEX ACCESS electronic trading system beginning at 2:00 PM on Mondays through Thursdays and concluding at 8:00 AM the following day. On Sunday, the electronic session begins at 7:00 PM. All times are New York time.

London

Market hours (local time)
8:30 AM - 4:00 PM, with Fixing at 10:30 AM and 3:00 PM.

The metal prices fixed twice a day here, known as London Fixes, are the guidepost for the official gold trading around the world.

Zurich

Market hours (local time)
8:00 AM - 5:00 PM.

The core is the mutual settlement(gold pool) of the three biggest banks in Switzerland.

Hong Kong

Market hours (local time)
8:30 AM - 12:30 PM
2:30 PM - 5:30 PM.

Hong Kong is center of gold trading in the Far East and the Southeastern Asia.

Sydney

Market hours (local time)
9:00 AM - 3:00 PM.

Australia's geographical location is a natural place to maintain the continuity of the spot gold market after New York traders go home and before the Asian traders wake up. Sydney opens up shortly after the NY market closes and overlaps the Hong Kong market.

...............Stock Market Forecast

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Gold update-8a

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