Posts Tagged trading commodities

Daytrade on Gold for a handsome profit!

Daytrade on Gold for a handsome profit!

I was finding that I was missing out on Monday’s movements if I had only looked at the markets from Monday morning. Sunday evening isn’t a good time to base trading signals on due to low volatility. Anyway, today, I got up earlier than usual and looked at the markets before the European open. I decided to take a short on Gold as it was in a downtrend and the recent pullback up looked as though it had run out of steam.  You can see that there is a resistance level where the market had

March 25, 2013 2 Comments Full Story

Silver showing Higher Lows – Start of an Uptrend?

Silver showing Higher Lows - Start of an Uptrend?

The markets have been very difficult to trade of late... there seem to be many fake signals so it's important to only trade the markets which are showing the most clean looking signals. Anyway, something which looks interesting is Silver. The market has been in a downtrend for a while now but looking at the daily charts, we can see that it's now forming higher lows which is reminiscent of an uptrend... there were no higher highs however but there was a resistance area but this broke last

June 11, 2012 No Comments Full Story