Friday, April 20, 2012

GOLD - projected path over next couple of mnths

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Ok, so the estimates were slightly off, we never got to 1685, we got to 1672, and we didnt rebound from 1560, we rebounded from around 1530, but if you take a close look at the two charts, you will see our view was very accurate. Not so bullish anymore after we fell below the 1560 level. I will be looking to short but not yet, as a break below 1500 is almost guaranteed in 2012.


 

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Monday, April 16, 2012

long crude oil


A good risk reward play on Crude oil, would be to go long with respect to the recent low. A stop just below the red line should be sufficient, and entry can be near the 102 level.  Chances are we shoot higher soon. Will follow up on this later with another chart.

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Sunday, April 8, 2012

Long play on the Aussie almost ready


Would be nice to get exact tops when trading, for the lowest risk entries...Sometimes, it can be done ..


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Here's another play im following, which i think is just about nearing its turning point...

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