Essential Knowledge: Commodity Trading – Futures Market – Spot Market
Commodity trading market has first-class history going every part of the way back to the mid 1800s. INDUSTRIAL REVOLUTION bring fresh technologies and abilities to manufacture new resourceful tools and consequently additional food. Economic output begin to out-pace residents enlargement, our country developed a must for more well-organized agricultural storage, transportation and distribution of goods. As the capacity of goods greater than before exponentially, FUTURES MARKET amid constantly standardized commodity pricing, grading and delivery became an complete requirement in order to deal with the seasonal gluts occurring just after harvest and sharp shortages occurring before harvest. Farmers and investors could now protect themselves from price rise and falls by locking in exact prices for commodities time-consuming earlier than essentially needing to receive physical delivery of them. So the FUTURES MARKET and COMMODITY TRADING was born. What is Commodity market? “A commodity is some good for which there is demand, but which is supplied without qualitative differentiation across a market. It is fungible, i.e. the same no matter who produces it. Examples are petroleum, notebook paper, milk or copper…” Specific items values to be well thought-out a COMMODITY and be traded in a futures market. A commodity must be STANDARDIZED. So [...]
READ MOREUPDATE: MenthaOil Outlook
What I said about MenthaOil? Just one day back… Yesterday I said intraday trader for last station is 897 and MethnaOil touched exact my level 897. Ok traders did you see it or miss it? Yesterday it kissed our targets, so now just relax and enjoy the money… You need to enter with exact level. I said for Long term trader – first level 900. It kissed. Now, observe it sharply up movement. Now, what to expect from this level? What to do? Update more detail to our Subscribers only
READ MOREGuesstimate (Analysis) of 05-10-2010
BPCL Unexpected buying may start: 760-763 Targets are 775-779 & 784 above for Intraday (Above 771, just watch by your both eyes, stock will zooooooooooom to kiss 778) Short Term: 795-805 If cross 761 below & stay for 10min. Exit 50% of traded share and remain hold for delivery ……. AXIS-Bank Fut. Selling Levels are : 1595-1602 Go For targets 1575-1568 and also 1552-1558 for Intraday Short Term Targets can sell 1528-1539 and 1500 If cross 1600 and stay for 5min. don’t wait Exit from it… More share Update & daily newsletter Time by Time for Subscribers only due to market hrs…
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