How to trade Commodities - Gold, Silver, Crude Oil, Natural Gas

[amanfree]

i hope u r enjoying gold and silver bull run

 

[uttamkamlesh]

Hey Guys!...
TJ website is restricting picture upload more than 100 kb for me.
What to do?

Kamlesh Uttam

 

[SavantGarde]

Hi Kamlesh,

Yes there is the size limit for all of us.... use websites like imageshack or some other sites to post images here....use the forum code after uploading to paste it here & you should see the image...in your post

SG

Hey Guys!...
TJ website is restricting picture upload more than 100 kb for me.
What to do?

Kamlesh Uttam

 

[uttamkamlesh]

i hope u r enjoying gold and silver bull run

Yup! but time for consolidation is not far as on weekly charts it has already met its upper channel line. So it's time for trailing SL profit booking.

Great news is that S&P 500 has done all the wrong things in the last few days broken 200 DMA for the first time after a long time including a LH-LL. So, I think Gold still has a lot to go Higher. May be silver too will be dragged UP.

Kamlesh Uttam

 

[uttamkamlesh]

Yup! but time for consolidation is not far as on weekly charts it has already met its upper channel line. So it's time for trailing SL profit booking.

Great news is that S&P 500 has done all the wrong things in the last few days broken 200 DMA for the first time after a long time including a LH-LL. So, I think Gold still has a lot to go Higher. May be silver too will be dragged UP.

Kamlesh Uttam

It all happened today.....

 

[vjy_in]

i really appreciate the efforts that u r takin !!!! thnks...
suggest some good books & software to learn TA.....

 

[uttamkamlesh]

Hi Guys!....I just learn't how to upload nice images from ImageShack (choose do not resize option)......Thank You Savant Sir!

Well....See how without any complex indicators you can make Entry and Exit in Gold. Beauty is that Gold is in well Established Bull market, THE GREAT TREND. It would shout like anything before reversing no matter double dip recession or triple dip recession surfaces.

Theorem 03: A TREND IS INTACT UNLESS PROVED OTHERWISE.

Corollary: or in other words (Jesse Livermore even says): When in doubt, assume that the trend is intact. TREND would save you from any big trouble.

Uploaded with ImageShack.us

 

[uttamkamlesh]

MY TRADE OF THE YEAR - 02

Hi Guys!....Enjoy the chart.

Note the Reasons of Entry (as usual):

(a) Bearish Trendline
(b) LH-LL

Uploaded with ImageShack.us

Kamlesh Uttam

 

[amanfree]

I m not able to find theorem No. 2

 

[uttamkamlesh]

Hi Guys....

Look at the chart:
Why i did not enter the trade.

Uploaded with ImageShack.us

Uploaded with ImageShack.us

Kamlesh Uttam