System-Based Trading Recommendations for Model Hedge Fund

---------------------------------------------------------------

If this site has helped you make money on a trade...

Current Trends, Daily and Weekly

...

Contact Info

Link to My Live Charts... Global Indices, Commodities, Currencies and Bonds.

Sunday, March 21, 2010

Short Gold, I shorted Silver myself

With Euro rolling over this week and in a weekly down trend and ever so close to confirming a daily down trend, the USD Index is likely to be under pressure.

Gold is in a weekly range trading mode and on a daily downtrend. See charts below. I put SLV(because I am hungry for risk) puts on friday at the close (i like to trade near the close).

Note my EURO short and SLV short positions are posted in the right column.



No comments:

Post a Comment

DISCLAIMER

All information provided on this site is for illustrative and educational purposes only. In no way should the information on this site be viewed as a recommendation to buy, sell or hold any of the securities mentioned on this site. Please consult your investment advisor before making any trading or investment decisions.

All Charts are Courtesy of StockCharts.Com

StockCharts.Com is a terrific charting website and is well worth the monthly fee for their advanced charting tools and features. I highly recommend their site.