Tuesday, July 19, 2011

Today’s Recommendation

Commodity/Period Daily 4 Hourly Strategy
Gold Bullish Bullish Ignore Sell Signal & Buy on 1 Hourly Buy signal
Silver Bullish Bullish Ignore Sell Signal & Buy on 1 Hourly Buy signal
Crude Oil Side Way Side Way No Trade is recommended
Copper Side Way Side Way No Trade is recommended

This is highly probable strategy. Place stop loss below than previous day’s low or above than previous day’s high for your protection.

Gold October Contract has been released. So trade for Gold October contract rather than August Contract. 

USDCHF Technical Analysis - Sell at 0.9955

USDCHF made a nice bull move from 0.9716 to 0.9990. Then USDCHF drops from over bought zone. USDCHF is trading below its 20 period MA on 4h ...