Archive for June 11th, 2012

Silver showing Higher Lows – Start of an Uptrend?

Silver showing Higher Lows - Start of an Uptrend?

The markets have been very difficult to trade of late... there seem to be many fake signals so it's important to only trade the markets which are showing the most clean looking signals. Anyway, something which looks interesting is Silver. The market has been in a downtrend for a while now but looking at the daily charts, we can see that it's now forming higher lows which is reminiscent of an uptrend... there were no higher highs however but there was a resistance area but this broke last

June 11, 2012 No Comments Full Story

Reader makes 200 points trading Crude Oil after reading Make Me Some Money – Don’t Do it!

Reader makes 200 points trading Crude Oil after reading Make Me Some Money - Don't Do it!

I want to start off buy saying that I receive a message from a reader today, it read "Hi Alan, I saw your analysis of the Crude Oil market on Friday and decided that it was a good time to get in so I went long. I got in at 84.05 and when the markets opened on Sunday, I was already 200 points up! I took profits! Thank you so much!" The first thing I want to be clear is that my analysis is not a recommendation to trade.. it's purely educational and if you do trade, it is off your own back! As y

June 11, 2012 No Comments Full Story

USDCAD trade update

USDCAD trade update

My USDCAD trade got stopped out today which was very annoying.. it was clipped by a mere 10 pips and then reversed up 100 pips! UGH! Frustrating to say the least but there you go!

June 11, 2012 No Comments Full Story