Category: Commodities Trading
The analysis published under this category are as follows.Wednesday, October 14, 2009
Awaiting Entry Point on DIG Ultra Long Oil and Gas ETF / Commodities / Commodities Trading
The oil and gas sector finally is on the move, perhaps in reaction to the decline of the dollar (commodity relationship). Since last Friday, the Proshares UltraLong Oil & Gas Sector ETF (NYSE: DIG) climbed from 34.00 to 36.32, or +6.8%. More importantly, the rally off of the October 2 low at 29.13 also broke above a ONE YEAR RESISTANCE plateau at the 34.00 level as well, which has measured upside potential targets of 44.50 and 51.00.
Read full article... Read full article...
Monday, October 12, 2009
Sugar Bears Now Up Their Game / Commodities / Commodities Trading
Following our 17th Sep Update on Sugar the outlook has remained bearish, on the back of a Key Reversal Week. The signal has proved a good one, with the next bear leg looking to have gotten under way.
Read full article... Read full article...
Monday, October 12, 2009
Dow Jones Commodity Index Fund Profit Trading Opportunity / Commodities / Commodities Trading
Dow Jones Commodity Index Fund – This index tracks the entire commodity market as a whole. Over the past two years we have seen commodities drop in value substantially. The good news is that we could be seeing prices rise going forward from here.
Read full article... Read full article...
Friday, October 09, 2009
Gold, Crude and Copper – Tis the Seasonal to be Checking / Commodities / Commodities Trading
As we move into another quarter it is always good to review the seasonal aspects of the market so as to have an idea what (on average) usually happens. The hard assets (and the paper ones too) have amassed quite a rally over the year.
Read full article... Read full article...
Friday, October 09, 2009
Understanding Probability and Risk in Commodity Trading / InvestorEducation / Commodities Trading
It goes without saying one must have a thought out plan if they want to succeed in commodity trading. More so a proper mindset is an important ingredient in long term success in commodity trading. One cannot even think about successful commodity trading without first fully understanding probability and risk. In order to have the proper mindset and become a successful commodity trader, one must first learn to think in probabilities.
Read full article... Read full article...
Thursday, October 08, 2009
Crude Oil, Gas, Silver Gold – Getting Ready for Next Commodities Rally / Commodities / Commodities Trading
Commodities have and continue to be a fantastic trading vehicle for those who can stomach volatility. After last year’s market crash most commodities pulled back to normal if not lower than normal trading ranges. This allowed us to enter the market at 10+ year lows for natural gas.
Read full article... Read full article...
Wednesday, September 30, 2009
The Triple Breakout in Gold and Natural Gas / Commodities / Commodities Trading
We have been waiting for gold to breakout above the 2008 high for almost 2 years. These charts show we are slowly working our way there.
Read full article... Read full article...
Monday, September 28, 2009
ETF Trading Alerts for HUI, GLD, SLV, USO, UNG, SPY / Commodities / Commodities Trading
The market continues to whipsaw traders out of positions as volatility rises. I have put together a few charts to show you where each of our commodities are trading along with the SPX (SP500 index).
Read full article... Read full article...
Friday, September 25, 2009
EUA Carbon Emissions Trading, How Far for the Bears? / Commodities / Commodities Trading
Since we introduced the EUA contract to the Commodity Specialist Guide in July the market has been recovering towards its May peak of 16.00. However, recently a clear break of uptrend has favoured the bears, but key support may not be far off.
Read full article... Read full article...
Sunday, September 20, 2009
ETF Commodities Trading for GLD, SLV, UNG, USO / Commodities / Commodities Trading
Commodity ETF trading charts allow us to track and trade the underlying commodities with ease. I have provided a few daily charts to show were current commodity prices and chart pattern are at.
Read full article... Read full article...
Thursday, September 17, 2009
Sugar’s Recent Key Reversal Week Tempts Bears / Commodities / Commodities Trading
At the beginning of September, following a significant bull run, a sharp sell-off produced a Key Reversal Week, heralding the end of the likely end of the bull phase and start of a medium term bear phase.
Read full article... Read full article...
Wednesday, September 16, 2009
Should One be a Pessimist or Realist In Todays Economy? / Commodities / Commodities Trading
I would say I would like to be the “Realist”. As a trend following commodity trading advisor I am not one to make predictions. Everything that I have ever learned about trading is follow my system make low risk bets and look to manage risk.
Read full article... Read full article...
Thursday, September 10, 2009
Natural Gas Bottoming, Gold and Crude Oil Breakout / Commodities / Commodities Trading
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.
Read full article... Read full article...
Wednesday, September 09, 2009
Can Trend Following End In The Commodity Markets? / Commodities / Commodities Trading
The question is… Can trend following end? First of all… anything can happen and it will happen. However as a long time trend follower, in my opinion there are numerous reasons why I do not believe trend following can or will end. The question came up when I was in a meeting with an institutional investor earlier in the week and in all of his years exposed just to the equities markets, he was skeptical of trend following. He asked if everyone knew the concept of trend following the results would falter.
Read full article... Read full article...
Tuesday, September 08, 2009
Bullish Technical Set-Up for DBC Commodity Index ETF / Commodities / Commodities Trading
With the breakdown in the Dollar, and the powerful thrust in crude oil prices, and buoyancy in metals such as gold, silver, alumininum, copper, and the industrial metals, the pattern that is developing in the PowerShares DB Commodity Index ETF (NYSE: DBC) is fairly conspicuous. Let's notice that Friday's low at 21.42 was followed by today's potent up-gap open and strong action-- the type of action expected at the end of a correction (in this case off of the 8/05 high at 24.00), and at the beginning of a meaningful rally effort.
Read full article... Read full article...
Thursday, September 03, 2009
Cotton Pullback Risk Has Improved / Commodities / Commodities Trading
Cotton prices recently recovered almost 50% of their 2008 losses, with price action becoming choppier on the approach to this level. Signs of bull fatigue have started to show, but we must wait for more confirmation before becoming outright bears.
Read full article... Read full article...
Monday, August 31, 2009
How to Day Trade and Swing Trade the Spot Gold GLD Chart / Commodities / Commodities Trading
Over the past couple of months, gold and silver have been uneventful. In this report I have posted weekly charts to show the larger trend of gold and silver. Also I have provided small charts of the US and Canadian gold stock funds GDX and XGD.
Read full article... Read full article...
Thursday, August 27, 2009
Commodity Trading Alert for GLD, SLV, UNG, USO ETFs / Commodities / Commodities Trading
GLD Gold Trading Fund – Weekly Chart
As you can see on this weekly chart gold has been consolidating for the past 5 months. This bullish pennant pattern is hinting that prices will breakout to the up side in the coming weeks. If for some reason we see the USD rally then I expect to see the price of gold move down as traders rush to sell their gold bullion. I continue to watch and wait for the next buy signal for gold.
Sunday, August 23, 2009
Gold, Silver and Energy Sector Analysis / Commodities / Commodities Trading
Precious metals like gold and silver appear to be forming a bullish pennant formation, which generally leads to higher prices. Currently the US dollar is hovering around a support level, which is the 76- 79 range. Only time will tell if the US$ breaks down sending gold to new highs in the coming months.
Read full article... Read full article...
Thursday, August 20, 2009
Gold, Silver and U.S. Dollar Head and Shoulder Technical Patterns / Commodities / Commodities Trading
Everyone is talking about gold shooting to the moon because of the massive reverse head & shoulders pattern forming, not to mention the economy isn’t as good as some of us would like it to be. I put together this quick report to show the bearish side of things for once.
Read full article... Read full article...