Pocket Watch Jump Hour

Video on how to trade Spot Gold Day & The Index

Last week was very interesting for operators Intra-day after spot gold and major market indices. In fact, since early November 2009, the market has been very successful for us Day traders.

As we all know the market is always changing his habits and price momentum from the top, side down, which in turn affects the business results of each for a month.

For swing traders position / WHO trade using daily charts, they few months will find strategies to advance the trend of negotiations, while the other months for short-range term strategies related, and other next month are not good for trading at all like last November and December.

During the extremely turbulent market as we saw in November and December last, the market has been up and down like a yo-yo. Swing / position traders had a hard time money, and for my part, once the market becomes like that, I patiently sitting in cash positions or very low.

The good news is that, when markets become more agitated and swing traders are difficult times to make money (which is fast intra-day movements up and down), day traders out of the woodwork, like fire ants. There are huge amounts of money made and lost during high volume intraday trend reversals and breakouts.

Trade spot gold days – YG J0 Mini Gold Futures Contract
Here is a quick video I made of my job Gold on March 9. This video shows a trade using the 5 minutes chart spot gold advantage of $ 6.00 an ounce to downside risk minimal. By what you use for gold trading – Futures Contract, ETF or CFDs – you could have profited $ 600 – $ 2,400 in less than two hours.

This the second video I've ever done is not complicated by any means. It will take me a few more videos to get a good understanding of them as I do intend to make videos weekly in the coming weeks and be sure to make them more exciting.

Gold Day Trade – http://www.youtube.com/watch?v=JHSc6JORyew&feature=player_embedded

Day trading the index – Exchange traded fund DIA
If you watched the video or above, days you will see how I spot gold traded in the morning and why I used as my term investment vehicle. That being said, anyone could have exchanged the gold GLD ETF or PGD.

Just hours later, I saw a large Head & Shoulders pattern on the broad market indices. Taking a step back, my analysis chart was telling me to look for a reversal pattern on the market wide that I feel it is over bought, and I still …

So when I saw rolling in gold, so a reversal pattern the Dow Jones, I decided to take a short position. Also, I noticed the price of reversing the right shoulder.

This time, I swapped the ETF DIA just because that's where I saw first develop the model and because I have a penchant for the DIA (I like it trading).

So once the price down inverted right shoulder with the red candle am gone long runs $ 106.07 with a $ 105.85 first goal to sell half of my position, then move my stop to breakeven on the balance of my position. I ended up pocketing a little over 25 cents per share, earnings that do not look like much, but because speculators meeting will be 4:1 and some brokers can leverage 10:01 you can exchange large amounts of shares for these jobs quickly.

Trading of DIA I focus on 500 or 1,000 shares per trade depending on what I feel about the trade. This particular trade, I do not draw 1,000 shares of $ 250 profit in 70 minutes.

Trading Tip * *
If you see a Head and Shoulders pattern with a neck angled up (see Table below), then you should focus to try to short the top of the right shoulder (reverse of the candle first). The key is there to be little before the index (or investment) breaks the neck.

Once a broken neck is a significant increase in sellers should rush like everyone else jumps out of their long position. In addition, this is when traders start to take aggressive short to take advantage of the breakdown and depreciation prices.

So if you see a right shoulder to drift higher resistance bearish flag this research be loans to short once you see sales pick up volume and lower prices.

Trading Day The spot gold index and Conclusion
Well I hope this brief report will help you take advantage of the market using different trading strategies and schedules. Each day and week is different and I jump around the negotiating card 60 minutes, 4 hours, daily and occasional 5 minute charts like those above.

I try to stay away from the 5 min charts simply because they move so quickly, and the execution time over the potential. But some days it favor if I take just what the market gives me and that's all we can do.

On another note, if you're interested in my service, upscale shopping of new jobs all settings in real time, I'll be launching this service with my personal trading and analysis for you to trade next to me!

You will get all my alerts for intraday and swing trade indices and products you can trade that has ever vehicle you want – whether an ETF, leveraged ETF, futures or CFD. This way, your timing is accurate, your downside risk is carefully calculated and you can redeem any investments that you are comfortable

There will be a 24 / 7 chat room that allows us to trade around the clock when the configurations arise. In addition, members can exchange ideas, ask questions, make friends quotation, etc. … It There's even a squawk box feature! I can speak and live with audio to everyone in the chat room for the important news, alerts or Trades questions.

All trade alerts are instantly displayed in the members area, chat room and sent by e-mail which makes it one trading services most powerful I've ever seen online.

If you are interested please fill out the form be notified for this service which will start the last week of March or the first week of April. It has limited availability to keep it personal and very profitable.

Chris Vermeulen
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About the Author

Chris Vermeulen is Founder of the popular trading site http://www.thegoldandoilguy.com. There he shares his highly successful, low-risk trading method. Since 2001 Chris has been a leader in teaching others to skillfully trade in gold, oil, and silver in both bull and bear markets. Subscribers to his service depend on Chris’ uniquely consistent investment opportunities that carry exceptionally low risk and high return. Reach Chris at: Chris[at]theGoildAndOilGuy[dot]com

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