Posts Tagged ‘trading’

Reasons Why Randeep Grewal’s Knowledge Keeps Investors Happy And The Shares Groy Randeep Grewal Is Superior For Investors

August 24th, 2011

Greka Drilling is one of the fastest growing Chinese CBM (Coal Bed Methane) drilling services providers. Green Dragon Gas is a company that is made up of knowledgeable individuals as team players in management positions and board of directors that combine to make for a working party that possesses a wide range of expertise and experience in the many aspects of China’s industry in CBM. Their executive director is Randeep Grewal.

Greka Drilling Limited’s main concern is the provision of alternative fuel like China’s drilling services for coal bed methane. A lot of corporations are mixed up in Greka using them as an investment agency. The company itself is a 2007 spin off firm of Randeep Grewal’s Green Dragon Gas Firm, however in 2011 it de-merged. They presently boast their headquarters in Zhengzhou, Henan, PRC and make use of something close to 250 forward and technological employees in addition to higher administration.

Randeep Grewal has made sure that Green Dragon’s name has gone down in history. A few of their accomplishments are as follows:

* As early as 1997 and for the next couple of years they began operation in China’s industry of coal bed methane and a (GFC) sharing contract (PSC) was signed with government approval. * In 2002 the acquisition and operation of four additional PSC’s. * 2004 saw the opening of a corporate office in Hong Kong and the operation of SHR (short radius horizontal drilling) technology. * The London Stock Exchange began listing his Green Dragon; and 47 wells had been drilled successfully . * In 2007 that number of wells rose to 88 and office headquarters were opened up in Zhengzhou, Henen. * Acquired their sixth PSC in 2008; Shizhuang South Block announces first commercial gas production. * As of December in the year 2009, $46.9 million (United States) was Green Dragon’s reported revenue.

And that’s simply information that everybody can easily see. Much more individuals other than him have come to comprehend that the company is a very good investment decision. Their progressive technologies still spur original improvements in their subject and have made the public aware of their contributions. Greka Drilling has been in the news just lately with events including those seen below.

* Penn Energy report’s massive drilling campaign for which Greka acquired CBM rigs numbering 25 * Upstream reports that it gets a contract for methane drilling thanks to Drillmec * Investors Chronicle says that it is ready to go by tapping into China’s third party drilling opportunities * The Daily Mail sings the praises of Greka Drilling and says that investor demand is still high * Proactive Investor’s Jamie Ashcroft says that their proprietary technology is unlocking China’s CBM potentials * And again Jamie Ashcroft discusses how the completion of the first SIS, specialized drill rig is enhancing Greka Drilling shares

Evidently, Randeep Grewal, his firm Green Dragon and its offspring Greka Drilling are the current day movers and shakers of the industry. Monetary reports for involved traders are obtainable on the web sites belonging to every firm and if you have an eye fixed for a up and coming company, this firm is definitely one to consider.

Learn more about Greka. Stop by William Terrence’s site where you can find out all about Randeep Grewal and what it can do for you.

No comments »

Posted in Leasing

Tags:

More on Technical Indicators

August 14th, 2009
by Ahmad Hassam

Moving Average Convergence Divergence (MACD) is the difference between the 26 day and 12 day exponential moving average. A 9 day exponential moving average called the signal or a trigger is plotted on top of MACD to show buy sell opportunities.

You can use MACD in three ways: Crossover, overbought/oversold conditions and divergences. In wide swinging markets, MACD proves most effective. When MACD falls below the signal line, the basic rule is to sell. Similarly, when MACD rises above the signal line and cuts it from below, it is a buy signal.

When the shorter moving average pulls away from the longer moving average, it is likely the price is overextended itself. This indicates, it will comeback to the realistic levels soon. MACD is also very useful tool in telling whether the market is overbought or oversold.

An indication that an end to the current trend may occur soon is when MACD diverges from the currency pair. A bearish divergence occurs when MACD is making new lows and the currency price fails to reach those lows. Similarly, a bullish divergence occurs when the MACD is making new highs but the currency price fails to reach those highs.

Momentum is an oscillator that indicates the rate of price change not the actual price level and it is the net difference between the currency pair closing price and the oldest closing price from the predetermined period. The signal is triggered when the oscillator crosses the zero line. The more responsive the momentum oscillator will be to the short term price fluctuations, the shorter the number of days included in the calculations.

Another important technical indicator is the Relative Strength Index (RSI). It indicates a markets current strength or weaknesses depending on where the prices close during a given period. RSI is plotted on a scale of 01-100. A buy signal is triggered when RSI moves up from the lower band above 30. Similarly, a sell signal is triggered when RSI moves down from the upper band and comes down below a level usually set at 70.

Rate of Change (ROC) is another version of momentum oscillator sometimes used. Instead of subtracting the oldest closing price from the current closing price, the ROC formula divides the current closing price with the oldest closing price.

One of the most popular indictors is the Volume Indicator. It is used to show the strength of an up or down movement. A movement accompanied by an increasing volume is more likely to continue strongly than a movement accompanied with decreasing volume.

Many traders use volume indicator as their only tool in trading. Others use it in conjunction with charts, economic news and geopolitical news. The Volume Indicator is a great source of confirmation, entry and exit signals and overall trading decisions. Learn to use these technical indicators. Become comfortable in using them and discerning trends on different currency pairs and time intervals.

About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading and swing trading stocks and currencies. Trade Dow Futures. Learn Forex Trading.

No comments »

Posted in Leasing

Tags:

Are Great Traders Made?

April 13th, 2009
by Hass67

The question is can anyone become a winning forex trader? Yes anyone can in my opinion. The only thing that is required is a winning trading plan. If you have not developed a good trading plan than dont enter the forex market. First develop one. Forex markets are not going anywhere. These markets will be there next year and after that. Enter only when you are prepared.

Let me tell you about a great experiment in history. This experiment is a perfect example of developing and then implementing a winning trading plan. This experiment was known as Turtle Traders Experiment.

Richard Dennis and Bill Eckhardt were two great traders and partners who were arguing one day on whether great traders are born or made. This was the year 1983. Both were commodities speculators.

Bill was saying that great traders could only be born and not made. Richard had the opinion that great traders could be made through good training. To settle the argument, both agreed to select and then train a few traders to see the trading results after training.

An advertisement was placed in New York Times, Barrons and The Wall Street Journal. 1000 applications were received in response to that advertisement. The Turtle Trading Experiment had started.

Only 13 applicants were selected after shortlisting and interviewing 80. Those selected were known as Turtles.

The turtles were given training and a complete trading plan based on rules on how to apply it. Richard would always emphasize to the turtles that he could give these rules to anyone but these rules were useless unless they were applied consistently.

So, the actual success in trading whether forex, stocks, commodities or futures lies in having a good trading plan; You need to have a trading plan that is exact. In other words is mechanical and ruled based does not depend on your emotions. Learn to control your emotions in trading.

In the end, it is discipline and consistency that will make you a winning forex trader in applying your trading plan. Who says, you cannot become a Great Trader!

About the Author:
Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in Options, Futures and Forex Trading. Download Turtle Trading Rules.

No comments »

Posted in Leasing

Tags: