|
|
|
Example:
Bulletin - For Orange Juice - Originally sent 2/7/02 (6:56 pm est)
The technical formation in the Orange Juice is
supportive and worthy of considering long positions for substantial rallies.
It is recommended for traders to attempt long
positions near 86.50 in the March contract, or use a buy stop at 87.10 in the
March contract. (Use a protective sell stop at 84.80).
The first obj. is for the market to reach at
least near 93.50. The main obj. is for the market to trade between
100.00 - 110.00 area. The risk is approximately $250.00 to $300.00 on
the trade. The potential profit reward can be as much as $3,000.00.
This is considered a low risk trade and proportionally a good risk vs. reward
potential.
REVIEW
OF BULLETINS: 5/13/04 - 7/14/04
Result: The trade was completed when the market reached 93.50, which was the first objective mentioned. If you will refer to The Tech Guru Bi-Weekly Report, Issue #95 (click here: Archived Bi-Weekly Reports) it also mentioned the same and all long positions were completed at 93.50 with a profit of $900.00. Bulletin - For Canadian Dollar - Originally sent 4/29/02 (5:01 pm est)
The June contract in the
Canadian Dollar sold-off and reached a support area today at .6371 bottom
that can be considered a buying area as well as the .6362 - .6358 area, if
it gets there. It is recommended for traders to attempt long positions
near the .6375 - .6370 area and if possible near the .6360 area for obj.
near the .6415 - .6420 area. (Use a protective sell stop at .6347)
A trade above the
.6425 area is considered a breakout and an additional buy signal for the
obj. to reach up near the .6460 area.
Result: Bought @ .6370 Sold @ .6417 = $470.00 NOTE: All follow-up bulletins sent at no additional charge
*Trading commodities involves risk and may not be suitable for everyone's investment dollars. Information contained in this communication is believed to be from reliable sources, however, no guarantee is made regarding its adequacy or accuracy. Past performance is not necessarily indicative of future results.
|
|
Home | Bulletin Service | S & P Report | Comments | Order Form | Archived S & P Reports | Feedback The Tech Guru, Inc. 52-56 West Main Street Luray, VA 22835 540-843-GURU (FAX) 540-743-4056
Send mail to webmaster@thetechguru.com
with questions or comments about this web site.
|