Net Invest

How to trade hot commodities like natural gas, oil and gold - We should see big moves in the coming weeks as gas bottoms, and oil & gold breakout or breakdown. A lot of money is going to be exchanging hands quickly and the key is to be on the receiving end of things. Below are some charts showing where these commodities are trading.

How to Trade Gold Weekly Chart
How I trade gold is relatively straight forward. I use a simple trading model which allows me to identify the down side risk for a potential gold trade. I also use the same model for trading oil, gas and silver.

Beyond finding good entry points, it is crucial to know when to take some profits off the table. The weekly gold chart clearly shows gold trading at a resistance level which means there are going to be more sellers than buyers, hence the reason it is called resistance.

To trade gold I enter with my low risk entry points and sell half my position once I reach a resistance level. Today for example gold moved up into this long term resistance level and then started to head south. We took some profits off the table before gold dipped in the late afternoon for a healthy gain. Taking profits is a must or you will simply hold onto winning positions until they eventually turn into a loser.

How to Trade Crude Oil Weekly Chart
Trading crude oil is exciting because it moves much faster than gold. How to trade crude oil with low risk can be done by using my simple trading model which is a combination of indicators like momentum, support & resistance, volume, price patterns and media coverage. All these things combined allow for highly accurate trades with minimal down side risk.

Crude oil looks ready to make a big move. The odds are pointing to higher prices because oil has a multi month bullish price action and the falling US dollar helps increase the price of oil. I can see oil breakout and rally into the $95 per barrel level if things go that way in the coming weeks.

How to Trade Oil (USO Fund) Weekly Chart
USO tracks similarly to the price of crude oil and it provides some great trades for both swing traders and day traders. I focus on trades that bounce off support with low downside risks, which occur on both the daily and weekly charts.

How to Trade Natural Gas Weekly Chart
Natural gas is looking ready to bottom here. If you go back to the early 1990s the $2-3 range is a major support level. While I don’t generally try to pick bottoms, there are some signature price patterns and volume patterns that have proven to be very profitable for catching sharp bounces.

How to Trade Natural Gas Daily Chart
The daily chart shows a perfect waterfall sell off with the price of natural gas dropping to a long term support level. This pattern combination shows panic selling which indicates a short term bottom is close.

The extreme panic selling and sharp decline in price, removes much of the down side risk. Scaling into a position over a few days, if the price continues to move lower, is important for this strategy to work its magic.

The black horizontal lines show my resistance levels for taking profits. If the price were to drop below $10 then I would exit the second half of the position to lock in the rest of the profit.

How to Trade Commodities Conclusion:
Trading commodities is very simple with all the ETFs and funds available. The energy funds like oil and gas have some issues with following the prices of their underlying commodity but I do not find it a problem with my style of trading.

I would really like to know the entire story about what is going on with the oil and nat gas funds which have crazy contango issues??? Why do other commodity funds like GLD (gold bullion) and SLV (silver bullion) not have these issues?? Why cant they make a fund which follows oil and gas properly? All I know is that there are a lot of dishonest people in the financial industry taking honest hard working peoples money.

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. www.TheGoldAndOilGuy.com

In the current economic climate, investing in property can seem like a risky prospect; the housing market is weaker than it has been for a very long time and the whole country is struggling through a recession, meaning that it is far less likely that investors will get the return that they would typically be looking for on a home. However, there is a way that the property market can still turn a substantial profit and with the number of repossessed homes for sale at the moment, investing in property can still be a solid financial move.

It is currently possible to find repossessed homes for sale for as much as half their true market value, meaning that purchasing one isn’t necessarily such a risky investment as buying one from a regular sale would be in the current economy.

Typically British people have considered every home they buy as an investment and have gotten used to the idea of turning a substantial profit whenever they move, so they can buy a better house each time they go. It’s called the Property Ladder, and every time a person moves, they would typically want to move up another rung; the recession has made the rungs a little slipperier than most people would like, but it is still possible to climb by visiting websites and auctions which have repossessed homes for sale. This enables people to purchase the property far cheaper than they would have previously been able to, hopefully allowing them to do the improvements that they want to with a smaller initial outlay, and then they can hopefully sell it for a substantial profit when the market picks back up.

Although things can seem grim in the current housing market and the British economy in general, there are always options for smart investors to make a profit and the property marketplace is no different. Purchasing a repossessed home for a bargain price, spending some money on improvements and then selling it for a profit when the opportunity presents itself is always going to be a sound investment and at the moment, the market has plenty of excellent properties on offer.

With the amount of repossessed homes for sale at prices as low as 50% of their true market value, now is a great time to invest in property, whether you are taking your first steps into the housing market or are an experienced climber of the property ladder.

Anna Stenning is a financial advisor with many years of experience helping investors navigate the property market. Find out more about repossessed homes for sale at http://houserepossession.co.uk/

The internet has rapidly changed every aspect of communication. Information flows freely and interaction happens at instant. Along with the increase of internet usage, so does the rise of trade. The internet has paved the way for the further flourishing of the forex trading system. This system allows one to purchase foreign currency and invest on it. Since the internet has evolved rapidly, more and more companies are willing to gain larger audiences by transcending national borders. Thus, forex trading is also at a rise. With the right know-how, your investment can come back double, triple or even more.

However, when we talk about profit, there is always a risk involved. Some companies allow you to invest for as little as 5 dollars and others, as high as 500 dollars. Even the duration of investment varies from company to company. Knowing every little bit of information, every little bit of detail and every little bit of similarities and differences can help one make an informed decision. The market has always been laden by risks. These risks can eventually lead one to have huge profits.

On the other hand, a wrong move can lead to huge losses. Risk management is a skill that every successful trader has. Risking something means taking chances. A trader knows when a chance becomes an opportunity. He knows when and where to invest and when not to. A trader with the right tools and skills knows what is happening.

Investing right means earning large money Profits can only be achieved by having the right information, making the right decisions and at the same time, managing risks in order to control losses. Only with this, a profitable trading system can be achieved. Also, a trader must have the necessary tools to ease up his work. These are the must-haves of any trader.

Having the right information at the right time, knowing the situation before it happens, making the right decisions and knowing when to pull out is a tedious task. Despite that, the rise of the internet means advancements in technology. The internet is full of forex trading software that is ready for download. This makes the hard task of juggling, logging and monitoring the trading performance of the companies that the trader has invested in more convenient.

There are many forex trading software that can be downloaded over the internet. Choosing the right software means managing risk, thus, maximizing profit.

Are you interested in Forex Trading? Want to improve your Business? Then, use the forex tool which avoids mistakes, increases your confidence and accuracy. Just visit the website http://www.tradeontrack.com, get the forex tool and earn beyond your expectations.

The foreign exchange market has always been a venue for risk taking. Even though it looks as simple as finding a trader, buying foreign currency and selling it, the risks give a factor that makes one vulnerable to losing a lot.

Analysing forex trade requires one to know how much commitment one can give. For short term involvement, marginal trading is preferred. Marginal trading is using borrowed money as investment for generating profit. This method has a potential risk because the money did not come directly from the trader. For those who want a longer involvement, technical analysis and fundamental analysis is encouraged. Technical analysis is done by looking at past trends and trying to make a forecast out of this. Fundamental analysis looks at the current situation that the country of origin is dealing with. Social, political and economic factors can affect the exchange rate, thus, knowledge about this is important in order to garner greater profits when investing long-term. These are some of the ways that can analyse forex trading.

Dealing with money always comes with risks. In order to minimize the risks, one must have the right know-how and the right tools. These do not require one to read a lot of books. These are simple practical ways on how to effectively engage in the forex trade market.

Forex Trading Software is readily available over the internet. These applications help you gather fast and accurate information about the trading company that one has made investments in. This helps one to analyse the trends of the market and make the right decisions before a potential risk arrives. Each software is created to have security as well as giving convenience to its user. Every application differs from one another; some have different functions than the others. However, it is up to the user to decide which tools he needs. Prices of these forex trading software vary. Some offer it at a premium, some at a cheap price.

Forex trade logging is also an important part of analysing forex trade. It keeps track of the events that happen as well as keeping record of the data that is involved. Microsoft Excel is a spreadsheet that specializes in data entry. Its free counterpart is OpenOffice.org Calc. However, spreadsheets are limited when it comes to adding notes. For that, one must use an application such as Microsoft Word or OpenOffice.org Writer.

Some forex trading software available online has the advantages of having both information gathering and trade logging onto one neat application.

Forex trading tools are important for analysing forex trade. It gives you insight on how to earn more profit at a lower risk. By choosing the right tools and having the right knowledge, profit making is just a breeze.

Are you interested in Forex Trading? Want to improve your Business? Then, use the forex tool which avoids mistakes, increases your confidence and accuracy. Just visit the website http://www.tradeontrack.com, get the forex tool and earn beyond your expectations.

Not many engage in foreign exchange trading because it is difficult to understand on how it works. Trade on track can be the best tool to simplify everything and also includes the best features when it comes to the business.

The doubt amongst traders and within the realm of foreign exchange trading makes it difficult to engage in such a business. From the recall of history, only the experts and the big end companies can get involved in such a risky market. However, profitable forex trading breaks the barriers to make it as a business that can be available for everyone and anyone at that. As the foreign exchange market grew more popular, so are the traders and brokers who have joined in the circle of the economy game called forex trading.

However, great challenges abound this business that is why one must not be afraid of the circumstances that is set to happen in the middle of the game. The risks to make are indeed great but the fortunes can be greater once you have learned on how the game is played. To be adept in this game requires much skill and expertise especially with the rules and the works of it. Thus, there is a need for a forex trading tool to help people realize that trading can be easy and convenient, even for beginners.

People have been asking, “What is all the commotion about trade on track?” You can use forex trading software and get the most recent of updates and the most reliable system to track trades, rates and even fluctuations all in an instant with a live price feed. Everybody knows how hard it is to analyze forex trading that is why not many join even if the fortune at stake is huge. Now, a revolutionary forex trading system can let you handle foreign exchange of different currencies in one or more accounts!

Forex trading is a good choice when you know what to do, how to do it and just when to do it. The perfect execution of ideas calls for the perfect timing that this online system can offer. There are no downloads required as it is a permanently available in the internet. The best thing about getting a career in the foreign exchange market is that you can simplify and organize your numbers in a user friendly interface. You can even choose your broker or your forex trading platform to ease you with forex trade tracking.

What happens when you have the ability to control everything under your fingers and secure a forex trading log at all times? See, another simply irresistible feature that will make you want to join the biz with this techie online trade helper is that it is made to worry your forex risk management so that you no longer need to think about back downs or fluctuations. Since everything happens in real time and at the incredible speed of the internet.

What more can you ask for? Thank you to the advancements of technology, foreign exchange trading can be at reach for anyone who wants to learn and take on the challenge of the risk game of the economy.

Are you interested in Forex Trading? Want to improve your Business? Then, use the forex tool which avoids mistakes, increases your confidence and accuracy. Just visit the website http://www.tradeontrack.com, get the forex tool and earn beyond your expectations.

Foreign Exchange Trading (Forex or FX) trading refers to the buying and selling of the world’s numerous currencies. As you probably know, all currencies are interchangeable. However, their value relative to each other is not the same. Their relative value is determined on how well their economies are doing. For example, the number of US dollars required to buy a Euro would be around one or two, at most. However, a million Zimbabwean dollars would probably not be sufficient to buy a dollar. This is because, compared to the US economy, the economy of Zimbabwe is very weak.

There is a simple reason for the link between the state of the overall economy and the value of the currency of a country. If the economy is doing very well, this means that the country is producing a lot of goods and services that are being bought by people, both domestic and foreign. This means that people will need to buy these products and services. They will thus need the currency of that nation to buy its products. Demand for this currency will go up as people will convert other currencies to this one. Hence, the value of the currency will rise compared to other currencies.

The Forex market is certainly the world’s largest financial market, with over USD 3 trillion being traded every day. Over 90% of this amount is purely speculative, that is, traders trying to make a profit over the changes in the market. Very little business represents the currency conversion needs of people, companies and governments. Another important characteristic of this market is that there is no central exchange (like the stock exchanges). In fact, trading occurs over the interbank market. Trading takes place directly between the buyer and the seller, usually over the telephone or through the Internet. However, the main centres of trade are Sydney, London, Tokyo, Frankfurt and New York.

The trader makes a profit through the ever changing currency values. For example, if he is trading in EURUSD (Euro-dollar), he will buy the Euro when the price is falling and sell the dollar. When the dollar price of the Euro rises again, he will sell it to make a profit. The advantage of forex trading with respect to other types of trading such as stock trading is that a currency has many values as opposed to a stock. For example, the value of the USD will be different with respect to the EUR and the JPY. The trader therefore has more leeway in his trade and more opportunities to make profit.

In order to be a successful trader, however, some knowledge of the shifts in currency value is essential. This is achieved by studying the markets of the currencies you would be trading with. In other words, you would need to study reports on the economy of that market on virtually a 24/24 basis (since the forex market is truly global, there is no halt to trade). Is the price of oil rising? What will the impact on the currency be? Are exports on the rise? Answers to such questions will enable you to decide which way the market is likely to move.

Discover how Forex Ambush 2.0 can help you make money with forex at forex reviews.

An investment portfolio is the total compilation of one’s investments. This can include: real estate, gold, stocks, bonds, and mutual funds. Nearly all of the financial experts believe that a diverse portfolio is critical to one’s financial success. As well, a portfolio should include low risk investments to ensure that there is steady growth, even if you take a loss from a high risk investment.

Capital investment is the money paid to purchase a fixed asset, or capital asset. Protecting your portfolio against fluctuations in the market is essential to long-term financial growth. This is very important when one attempts to retire with financial stability.

When working low risk investments such as mutual bonds into your portfolio, you have to know how much you can invest. If you spend more than you can afford, you will become more vulnerable to fluctuating markets. Invest a wide range of stocks such as mutual funds, bonds, and GICs. Although there may not be a high rate of return, they will ensure a steady growth. When you look at various mutual funds, look at previous results to ensure their returns are steady, even in an unstable market. Compare and evaluate the performance of each fund carefully. You should then use your investment strategy to identify the best funds to invest in. Examples of areas include but are not restricted to communication, commodities, retail, technology, industrial, energy, and pharmaceuticals. Invest in a combination of conservative earning funds as well as a few that are a bit more of a risk.

It is essential to make sure that your investments complement your long-term financial goal. For example, will you be retiring soon and looking for a low risk investment that will ensure you have a comfortable retirement? A young person in their twenties may want to take more of a risk as retirement is far off. Explore diverse funds to discover which have the best performance. There is investment software available that will help you examine funds in more detail. Take a look at the fund’s prospectus to ensure that it fits your goals. Many mutual funds also have websites you can explore to find more information.

It is always important to monitor and update your portfolio as necessary. Remember, if you pull out of an investment like a mutual fund, you will receive a penalty fee. Update your portfolio as your goals change and as the market changes. As well, you should know why you are making certain investments as it will help you decide which funds to add to your portfolio.

Portfolios that contain a high-risk tolerance must include some lower risk investments to achieve a balanced financial state. Develop an investment strategy that involves determining the best low risk funds and how much you can afford to invest. Each type has an element of risk, but the key is finding the investments with the least risk. Always read the fine print before investing in any fund.

Global Financial institution offering commercial and personal banking services including online banking, credit card, loans, Bahamas money management and more. Visit Jamaica finance

Often the conventional wisdom is to stay invested in the stock market and in real estate. But millions of investors following that often-touted strategy have seen their portfolios drop by half or more.

“Investors everywhere have had it with staying the course only to see their life savings disappear. That’s one of the key reasons highly profitable gold and oil are becoming the investor’s choice for the 21st century,” said Chris Vermeulen.

He provides traders with free unparalleled gold, oil and silver trading analysis, signals and 24/7 trading email support.

Unlike other sites, Vermeulen is a one man operation. He personally develops all his information, and then makes himself available to individually assist subscribers. “I don’t want an employee handing out advice while I’m travelling Europe,” Vermeulen said with a smile.

While this is not exactly an educational piece for trading gold it does provide the information which traders need to find out how to traded the market not matter if its the tech, energy or the precious metal sector. Knowing how to find low risk opportunities which maximum potential is the key to successful trading.

The service is designed for active traders who insist on a conservative approach to investing. He uses the GLD gold exchange which allows for very accurate signals when used along with the price of gold, HUI [AMEX Gold Bugs Index], USD and gold stocks price action. “Over the years I’ve found these factors used with expert analysis deliver extremely impressive yields,” Vermeulen said.

But perhaps best of all, Vermeulen’s strategy is clear and simple to learn and use. “My strategy makes your trades extremely accurate with very little downside risk,” he said.

In the current business climate where investors are quite enthusiastic about trading gold and oil, it is easy for trading advisory services to advance very risky recommendations. Unfortunately many of their subscribers lose big.

“I insist on moving conservatively. My subscribers make 8 to 12 trades per year with very little downside risk. But the potential is tremendous,” Vermeulen pointed out.

Vermeulen began trading gold and oil a decade ago, gradually refining his trading methods to achieve remarkable results. “Now that gold and oil are the hottest investment available, traders have to be careful they aren’t getting advice from someone who just recently got into the game. Gold and oil is not a get rich quick path for those who aren’t willing to use a sound method and analysis,” he said.

While Chris provides free help via mail his website website features a free preview of the service, complete details about Vermeulen’s trading model, his impressive track record, and a library of free reports and information to help investors navigate the gold, oil and silver market.

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. TheGoldAndOilGuy.com

Gold etf trading signals allows beginner traders to taking advantage of the gold market using the GLD exchange traded fund to generate consistent profits in any market condition.

As I mentioned before, the past 5 months have been very frustrating for most traders as we are stuck in this sideways price action. I also noted that August to December is generally the stronger months for gold. Although gold has been under selling pressure during the last 4 weeks I think there is light at the end of the tunnel. Its usually the darkest before dawn, but there are some hurtles for gold to over come before we are in the clear which I explain below.

1 The Gold Mining Stocks Index
An 10 year chart with a cup and handle pattern complete with a breakout. Gold mining stocks have continued to collapse below their support level. This does not mean gold is going to follow but it is a red flag which needs to be noted for future long entry points. Gold mining stocks in general are seen as volatile and high risk types of investments so I understand why investors are unloading their positions to lock in profits. Gold mining stocks are pushed below long term support level.

2 Gold Stocks Index
An 8yr chart of the price action of gold stocks and you can see that they are currently testing long term support levels. If this monthly bar closes below this trend line then long term investors should be sitting in cash until we have a new opportunity to enter long or short. The HUI generally makes the move before the price of gold so I follow the HUI in all time frames. The HUI is testing long term support.

3 Performance Chart (Gold Stocks vs Price of Gold)
The past 2 years, from 2006 to present gold stocks have slowly been underperforming the price of gold. This is generally not a good thing to see if we want higher prices for gold. But the good news is that gold stocks appear to be reaching levels at which new rallies have started. Gold stocks under performing the price of gold but near support.

4 Daily HUI Chart
I follow the HUI like a hawk as it fine tunes my entry and exit point for trading GLD, DGP and DZZ funds. Last month the HUI made a lower high and a lower low which is a red flag. While I dont predict prices I am thinking these lower prices for gold stocks are just panic sellers over extending a sell off. I would really like to see an August rally kick into place. The HUI makes a lower high and lower low on the daily chart.

5 GLD Gold ETF Chart
While gold stocks have been selling down, gold has so far been able to hold some ground. As you can see in the chart below the last three months gold has made higher highs, and higher lows. Currently gold is testing Major Support at the 200 EMA. Gold ETF GLD at long term support still holding its ground.

Conclusion:
My analysis of gold above explains that gold stocks and indexes are oversold and are at major support levels. Thus an August rally is not out of the picture and we could have some favorable setups in the near future. I would prefer higher prices, but in the end movement is movement and we can profit in either direction evenly.

GLD gold etf trading for me is the most accurate trading vehicle I have come across. I have been using my proven trading model which avoids the price gaps and keeps risk under 3% for each trade. GLD makes it simple to profit from the markets using a proven trading model for trading long and short term gold setups in all market conditions (bull, bear, and sideways).

My focus for short term trading is simple. Wait for a breakout which satisfies my trading model, enter the trade and then exit 50% of position on the first sign of weakness. Exit second half on a trend line break. My goal for GLD ETF is 2-5% and we are in trades for 2-10 days unless prices continue to run. I generally have 10-20 trades per year with gold.

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. www.TheGoldAndOilGuy.com

Higher oil prices and consumer demand for sustainable packing give investors a new way to profit.

Sustainable packaging represents a massive investment opportunity, as we move away from plastics and into more responsible materials. Packaging comes wrapped around just about every product you can imagine, at some stage in its life cycle. With the annual global market reaching $420 billion, it stands to reason why this will be a hot sector to watch.

Migrating from Plastics to Fuel a Growth Industry

The move away from plastics has become more obvious, with governments legislating plastics out of the market. Europe has led the way, and the US is starting to follow. Although twice defeated in the California state legislature, a bill to ban single use PVC containers likely won’t go away. Other states will certainly follow suit. At present, some 30 million tons or plastic each year get dumped in the US, and only about 5% gets recycled. That will surely change.

When it comes to what makes up sustainable packaging, most experts agree that you have to look at the entire product life cycle, from raw materials sourcing and acquisition through eventual disposal. According to the Sustainable Packaging Coalition of Charlottesville Virginia, a not-for-profit organization, materials must be sourced responsibly, designed to be effective and safe throughout the life cycle, meet market criteria for performance and cost, made entirely using renewable energy, and once used can be recycled efficiently to provide a valuable resource for subsequent generations.

Bioplastics: The Good, the Bad and the Alternatives

Alternatives to the ubiquitous PVC plastic solutions have become more available. Plastics made from renewable resources, known widely as bioplastics, have gained plenty of exposure, lately. DuPont (DD) fired up its first biomaterials plant in 2006, selling more than a $100 million worth of products in the past year, including its bioplastic called Sorona. Starting this year, Cargill’s NatureWorks unit hopes to ship 140,000 metric tons a year of a bioplastic called Ingeo, for use in fresh food containers and textiles, among other things. Brazilian petrochemical giant Braskem (BAK) is spending $300 million on a factory for sugarcane-based bioplastics, while Toray Industries of Japan is making plastics from fermented plant starches and sugars. There’s also a host of U.S. startups with names such as Novomer and Cereplast (CERP.OB) that make plastics from wheat, tapioca, potatoes, soy, and more.

Many of these bioplastic products have drawbacks, however. First, they must be disposed of through high temperature composting or incineration. Second, many of them draw on what would otherwise be food supplies. As such, they fail to meet both responsible sourcing and efficient recycling criteria, to varying degrees.

As the price of oil continues to rise when world economies shift back into growth mode, the cost of oil, the raw material for most plastics, will drive more manufacturers into alternative sources such as bioplastics. The corollary strain on food stocks could cause bioplastics manufacturers increasing resistance, as higher demand for corn, soy, wheat and other raw materials drives food prices up and results in social outcry and potential restrictions. With bioplastics use growing at 20-30% per year, that’s a real threat. In any case, causing starvation in developing countries so the world can have nice packages hardly amounts to responsible.

Bioplastics increase greenhouse gas emitted from landfills, and concerns exist over the use of GM, or genetically modified crops used to supply bioplastic factories.

Other alternatives to PVC and bioplastics do exist. One popular European product uses agricultural waste to make packaging material than can be easily formed to a wide range of shapes, provides color, can be transferred from freezer to oven or microwave, and can be tossed in a backyard compost heap and turns into fertilizer. Adoption of this kind of product has been largely driven by a growing consumer demand for the better part of a decade. Subsequent political pressure has resulted in a spreading marginalization of PVC and oil-based products through legislation.

Outlook for a Greener Packaging Future

The two trends of higher oil prices and growing demand for sustainable packaging is likely to continue for the foreseeable future, as the global move to new alternatives transforms the game, and in the process creates a good number of new investment opportunities in green packaging.

Financial Profiles:

Blake Desaulniers has been in research and analysis for financial publications for 25 years, identifying trends and emerging market opportunities in micro-cap stocks for the Cleantech, Nanotech and Energy sectors. His Financial Profiles website and newsletter help investors find little-known companies whose share price is set to explode by exploiting important trends or technology breakthroughs.

Gold etf price action in the past 5 months has frustrated many traders. Especially those who have difficulty making money during consolidation periods which are in. The past couple months are consistently the weaker months for gold prices year after year. That being said August through year end have been consistently strong for trading gold and gold ETFs.

Gold spot price, you will see that gold found support at the 50 exponential moving average and also found major support at the 200 ema. August is just around the corner when gold generally picks up steam
Gold at support levels and entering August

The collapsing dollar looks to be struggling at resistance and making a lower high and lower low (bear trend). If the USD breaks down it should slide to the 67 cent level and send gold soaring for 2-3 months.

A close up chart of the USD, its currently at the top of its bollinger bands and just made a lower low 2 weeks ago. Head and shoulders anyone.

GLD gold etf is my trading vehicle of choice and is currently at support making higher highs and higher lows (bull trend). While this does not provide a buy signal with my daily trading model, it does provide an excellent trading opportunity for an intraday trade as we should see prices make a move much higher or much lower within the next couple days.

GLD gold etf is poised for a move, does not matter which way at this point thought.

Recent gold etf trade. My focus for short term trading is simple. Wait for a breakout which satisfies my trading model, enter the trade and then exit 50% of position on the first sign of weakness. Exit second half on a trend line break. My goal for GLD ETF is 2-5% and we are in trades for 2-10 days unless prices continue to run. I generally have 10-20 trades per year with gold.

My recent gold ETF trade which profited 3.4% with very little down side risk during a sideways market.

GLD trading for me is the most accurate trading vehicle I have come across. I have been using my proven trading model which avoids the price gaps and keeps risk for each traded under 3%.

Gold ETF funds makes it simple to profit from the markets using a proven trading model for trading long, and short term gold setups.

Chris Vermeulen is a trader and newsletter writer specializing in the price of gold stocks, gold ETF, oil stocks, oil etf, silver stocks, Junior Mining and Energy Stocks listed in the US, Canada and Australia. Please visit my website for more information. TheGoldAndOilGuy.com

Does making a million bucks (seriously) within only two to four short years sound pretty much impossible to you? Are you ready to pass this up with a cynical scoff before you even finish reading what it’s all about?
If you saw the title of this article and thought you’d check it out, then we have […]