Showing posts with label gold trade video. Show all posts
Showing posts with label gold trade video. Show all posts

Tuesday, October 28, 2008

What the Heck is Going on with Gold?

Subject: What the heck is going on with Gold?

Dear Trader,

Gold at the moment is perplexing to a great many traders. To many it was a shock when gold recently traded below the $700 an ounce level. So the question is, what happened to the $2,000 an ounce target that most gold bugs were calling for?

In my just released video, we explore that question and look at what we think will be this markets next move. You might find our analysis and conclusions rather surprising.

Enjoy the video!

http://www.ino.com/info/256/CD17/&dp=0&l=0&campaignid=3

Adam Hewison

President INO.com and Co-creator of INO.com

Friday, July 11, 2008

Will Gold Break $1000 Soon?

PRECIOUS METALS
http://quotes.ino.com/exchanges/?c=metals

August gold closed sharply higher on Friday and above the previous reaction high crossing at 950.00 thereby renewing the rally off June's low. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI have turned bullish signaling that sideways to higher prices are possible near-term. If August extends this week's rally, the reaction high crossing at 1001.20 is the next upside target. Closes below the 20-day moving average crossing at 917.90 would confirm that a short-term top has been posted. First resistance is today's high crossing at 969.10. Second resistance is the reaction high crossing at 1001.20. First support is the 10-day moving average crossing at 937.70. Second support is the 20-day moving average crossing at 918.00.
September silver closed higher on Friday and above trading range resistance crossing at 18.845. The high-range close sets the stage for a steady to higher opening on Monday. Stochastics and the RSI are turning bullish signaling that sideways to higher prices are possible near-term. If September extends this week's rally, the 62% retracement level of the March-May decline crossing at 19.364 is the next upside target. Closes below the 20-day moving average crossing at 17.716 are needed to confirm that a short-term top has been posted. First resistance is today's high crossing at 18.980. Second resistance is the 62% retracement level crossing at 19.364. First support is the 10-day moving average crossing at 18.210. Second support is the 20-
day moving average crossing at 17.715.

September copper closed higher on Friday due to short covering as it consolidated some of this week's decline but remains below the 20-day moving average crossing at 380.93. The mid-range close sets the stage for a steady opening on Monday. Stochastics and the RSI remain bearish signaling that sideways to lower prices are possible near-term. If September extends this week's decline, June's low crossing at 351.00 is the next downside target. Closes above the 10-day moving average crossing at 384.45 are needed to confirm that a short-term low has been posted. First resistance is the 20-day moving average crossing at 380.93. Second resistance is the 10-day moving average crossing at 384.45. First support is Wednesday's low crossing at 364.20. Second support is June's low crossing at 351.00. FOOD & FIBER http://quotes.ino.com/exchanges/?c=food

all the best
Bill

Friday, May 30, 2008

Number One Account Killer...Emotion

Here is the latest from Adam...


What's the number one account killer...emotion, that's what.

Watch the new video from Adam and see how to remove the emotion that kills accounts daily!

Trade Triangle Video

The #1 Account Killer: Emotion

Well, I have to say that emotions always lose out to a solid
game plan when it comes to the markets. Here's a recent example;
we received a buy signal for gold (XAUUSDO) at $905 basis spot
on May 19th. The gold market ran up and reached an intra-day
high of $935.30 before it subsequently collapsed. I'm sure many
traders held on thinking that the sharp pullback was just a
pullback and that gold would soon regain its footing and once
again go higher.

Why subject yourself to that kind guessing and emotional type
trading when there's a better way?

Using the MarketClub's non-emotional "Trade Triangle" technology
we were able to exit the market with a small profit of $10.25 an
ounce and rest on the sidelines as gold collapsed.

There's really no room for emotion in the market place. This is
one of the greatest downfalls of most traders. You need to go
into the market with a solid game plan, this could be in the
form of MarketClub's "Trade Triangles" or it could be another
form of discipline, but having a solid game plan does give you
a reference point to work from. When you are making trading
decisions about the market while it is still trading is generally
not a good idea.

Here's a recent trading recap:

Gold (XAUUSDO): We are out of the gold buy trade from $905 on 5/19 to
5/27 at $915.25 for a profit of $10.25. We are resting on the sidelines
based on "Trade Triangle" technology.

Trade Triangle Video

Crude Oil (CL.N08): We exited our long July position from $125.63
purchased on 5/15 at 126.90 on 5/28 (original signal $128.69) for a gain
of $1.27. We are out of this market and on the sidelines based on our
"Trade Triangle" technology.

Trade Triangle Video

Whether the "Trade Triangles" turned out to be correct or incorrect,
they do provide you with discipline and a reference point that you can
hang your hat on. "Trade Triangles" are consistent and not a willy-nilly
approach to the market. Using MarketClub's "Trade Triangles" gives you
confidence as they represent a defined, measured approach that if followed
consistently will make you money in the long run.

Every success in the markets and in life,

Adam Hewison

Co-Creator, MarketClub