Displaying posts filed under

Gold

Jun
17
2010

Strategy: Long Term or Short Term

I just thought I would post a couple of charts I prepared few weeks ago when I was working on a Long Term Trading system for myself. I know that there arent many traders around these days interested in Longer Term Trading strategies but still I thought it might be worth sharing here … BTW, [...]

May
18
2010

Gold: Diversified Investment Options

Those who are looking for a Long Term Gold Investment Options, I thought you might be interested to look at the following symbols listed on NYSE 1. NYSE:GLD 2. NYSE:EGO Charts are attached for your reference …

Apr
3
2010

Point & Figure: Gold – Support Zones

Few important Support zone for Gold in the Long run …

Jan
21
2010

Trade Updates: 21st Jan 2010

I’m done for today … need some rest now London open rocks …

Jan
12
2010

Trading Signal: Gold – Long

Symbol: Spot Gold Type: Long (Buy) Entry Price: 1149.50 Stop Loss: 1118.00 Take Profit: Open Objective

Jan
11
2010

Trading Idea: Long on Gold

I’m looking at the possibility to go Long on Gold as well as Silver … just a heads up, chart will come later …

Dec
22
2009

Trade Updates: Gold Scalping

Just covered a Gold Scalp today …

Dec
20
2009

Trade Updates: Gold and Oil Short Trades

Based on the Bias I published earlier for Gold and Crude Oil, I took these two Short Selling Trades. Already booked the Profits on Crude Oil but still holding few positions on Gold as it seems to be continously Bearish … Crude Oil seems to be getting on its feet again …

Dec
18
2009

Ichimoku Learning: Patterns for Scalping

Just covered a Short Trade on Gold Scalping and thought to share this wonderful Pattern that just keeps repeating itself in Ichimoku Charts. Hope you’ll find it useful …

Dec
12
2009

Ichimoku Analysis: Commodities updates 12th Dec 2009

Some updates for Commodtieis … Pay special attention to the Crude Oil’s Daily Chart …

Nov
16
2009

Weekly Ichimoku: Commodities 16th Nov 2009

The Weekly Ichimoku outlook for Gold and Crude Oil for the week between 16th and 20th Nov 2009 … Gold: Expecting to Maintain bullish bias … We saw the highs of 1122 last week on a Weaker Dollar sentiment in market however 1125 has been a well identified Resistance Level for Gold since a long [...]

Oct
2
2009

Trade Details: Sept – Oct 2009

As its becoming difficult to post charts for each trade, here is the Trading Journal for the Trades that I’ve either covered or currently open since almost last couple of weeks. Its been quite a nice run since the US$ has decided to come back and the market has provided clear signals about the direction [...]

Oct
1
2009

Trade Updates: Shorting Commodities

Just a heads-up, charts will follow later. As I’m primarily Long on US$ for a short term TF, I’m also shorting the following Commodities and Forex Pairs: 1. Crude Oil 2. Gold 3. Silver 4. Copper 5. AUDUSD 6. NZDUSD

Aug
30
2009

Trading Ideas: 1st week of Sept 09

August 2009 has been wonderful, most the profits came from JPY trades and Commodities such as Crude Oil, Gold and Silver while the biggest rally I could enjoy in Commodities section was Copper. What I’m looking at for the next week is based on the following Trend Bias: 1. EURUSD: Another Bullish run as long [...]

Aug
28
2009

Trading Ideas: What I’m looking for

I’m in favour of following trades, some of the trades are already initiated, for others I’m waiting for clearer signals: PS: Please note that the following Bias is relatively longer term based on 4H Charts … 1. EURUSD: Bullish Bias 2. GBPUSD: Bearish Bias to continue, waiting for limited upside move to finish 3. USDJPY: [...]

Aug
20
2009

Trade Updates: 20th August 2009

Well, yesterday was quite an interesting day for USD and what we noticed was some resistance from the Major Currencies against the USD, however this was nothing like a surprise. If you scroll down few pages, you’ll find my post in which I mentioned that I was covering my Short Positions on Crude Oil as [...]

Aug
18
2009

4H Trade: Holding EURJPY – 18th August 2009

EURJPY Short Trade started on 13th August is still in profit, I’ve been moving the Stop Losses down throughout the trade which means now its a completely Risk-Free Trade and I can hold it till the main Trend (Downside) is alive. Same is the case with several other Trades such as EURUSD, USDCHF, AUDUSD, AUDJPY, [...]

Aug
18
2009

Market Sell Off

Guys, I would recommend extreme caution during this Sell-Off and suggest that we should only take Trades as per the Market’s Main Trend. Just do not try to drive on the wrong side of the road. What we’ve seen today is a perfect example of Sell-Off, where the Greenback is back and beating all the [...]

Aug
17
2009

4H Trade: Shorting Gold and Silver – 17th August 2009

As posted earlier, I entered into Short Trades for Gold and Silver on 13th August and added further Short Positions on 14th August. The Silver is currently Trading on 14.23 where I’ve taken profits @ 14.5 while still holding few positions. For the Gold Trade, I’ve Taken First set of profits @ 948.5 and @ [...]

Aug
17
2009

Forex Markets Correlation

I just prepared the following charts for the Correlation between different markets and I thought you guys might find it useful. Its always advised to keep these relationships in mind while trading these Pairs and / or Commodities. Correlation between USDCAD and Curde Oil Correlation between AUDUSD and Gold Price Correlation between EURUSD, USDCHF and [...]