Archive for January, 2012
Trading crude oil has often been seen as an activity limited to City traders. This is a common misconception, however, and it is possible for ordinary investors to trade crude oil through the futures markets. Here, we will look at how to get started trading oil.
Warning: Oil trading is a highly spectulative form of investment and you should be aware of the risks it carries. Never invest more than you can afford to lose, and consult a professional if you are unsure of any aspect.
What are F
January 26, 2012
1 Comment Full Story
So yesterday, I had saw that the market was moving higher and just shot up aggressively. When markets move up strongly, I personally feel it's too late to join the rally and I would wait for a pullback where I would enter my trade before, hopefully, prices headed higher.
So this is what I saw yesterday which prompted my long entry at 12736
I saw the price action had move up and hit resistance at 12800 before falling away, this was the pullback before a potential move higher. I then wai
January 18, 2012
1 Comment Full Story
Yesterday, I went long Silver at 2994 after the price retraced after breaking a resistance line. You can see that the price had popped up past this line and found resistance at the 3000 price area. You always find that there is resistance around whole number values.
When the price fell from 3000 and then rallied, I saw the opportunity to go long.. I didn't wait for the price to break 3000 as I saw quite a lot of strength in the price action. However, as you can see the price did stall for a b
January 17, 2012
No Comments Full Story
« Older Entries
