Shining Gold & Slippery Oil
GoldSeek.com —
... | Source: GoldSeek.com Chris Vermeulen www.TheGoldAndOilGuy.com November 23, 2008 Shining gold prices & gold stocks and slippery Oil prices and energy stocks Gold prices shot up on Friday as investors move their money into a safer investment as the broad market continued it crash the day before breaking the October bottom. Once the price of gold climbed over the $760 mark which was a short term resistance level the price shot higher as new buyers jumped in and short covering took place pushing gold to climb $57 in one day which you can see in the chart below. Spot Gold Prices ...
Silver and Gold Shine & Broad Market is Exhausted
GoldSeek.com —
... as it closed higher on Friday at the top of its trading range. If we do get a pop next week in equities, then our PM (precious metal) equities funds should make substantial moves. I will send out daily updates to keep everyone up to speed in case we have some signals, and to keep in touch answering all your questions. For more information, questions or to receive my weekly trading reports and trading signals please send me an email at: chris@thegoldandoilguy.com website: www.TheGoldAndOilGuy.com -- Posted Tuesday, 9 December 2008 | Digg This Article ...
Stock Market Meltdown & Shining Gold
mysmp.com - Day Trading & Stock Trading Strategies —
... For more information, questions or to receive my weekly trading reports and trading signals please send me an email at: chris@thegoldandoilguy.com website: www.TheGoldAndOilGuy.com ...
Gold & Broad Market Bear Attack, Be Aware
GoldSeek.com —
... candle and risk under 3%. As for the broad market, Im hesitant to hold a position, which is why I am in cash other than this gold trade. If the broad market drops, I dont want to have a long position in equities. If they start to rally on heavy volume confirming there are legs behind the move, I will simply buy when the risk is below 3%. I dont chase trades, I let them come to me, when the risk is low and the odds are on my side. If you have any questions you can contact me at: www.TheGoldAndOilGuy.com Email: ...
How to Trade Gold & Oil – Special Report
GoldSeek.com —
... losing trades are very small which is what makes this so effective. The chart below shows you how I see the price action of crude oil. Crude Oil Fund USO Exchange Trade Fund [image] Oil Summary: We continue to wait for the Oil industry to smooth out and provide a solid foundation for a possible trade. Doing anything at this level is simply chasing and generally a losing position. For more information, questions or to receive my Free Weekly Special Report please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen TheGoldAndOilGuy -- Posted Sunday, 4 January 2009 | ...
Gold Traders Protect Your Longs
GoldSeek.com —
... of gold. All we can do now is to wait it out. Daily GLD Exchange Traded Fund [image] Conclusion: The broad market as well as commodities have been holding their ground and making small gains for the past month. Fewer buyers seem to be at these higher prices, leaving me with a cautious vibe. Stick with your stops; you can always buy back in. I will provide a full Special Report covering Gold, Silver and Oil this weekend. For more information please visit my website: Chris Vermeulen www.TheGoldAndOilGuy.com -- Posted Thursday, 8 January 2009 | ...
Which Shines More: Gold, Silver or Oil?
GoldSeek.com —
... level and therefore we will wait. Crude Oil looks like it could really pop, as it has been under heavy sell pressure for a long time. Not only that but because oil is in the new, and individuals around the world are now following it, it stands a chance for a really big bounce/ rally soon. The daily oil trading chart is telling us we could have a buy signal any day now if risk is under 3%. If you would like to receive my free weekly Special Trading Reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Monday, 12 January 2009 | ...
Which Shines More: Gold, Silver or Oil?
mysmp.com - Day Trading & Stock Trading Strategies —
Which Shines More: Gold, Silver or Oil?
Last week gold and silver remained in a trading range moving sideways, while crude oil had a large pullback on very heavy volume. Below are charts which will show where these commodities stand in relation to support and resistance as well as where we may be looking to go long in the near future.
Intermediate Trend of Gold – Weekly Outlook
Gold found support back in October and has since had a nice rally higher. The weekly chart shows this rally/bounce very clearly. Currently gold is trading at a resistance level, which is the downward trend ...
Gold Equities Are The Gold Indicator
GoldSeek.com —
... and some times I start to wonder what I am even looking at. Thats when I take my dog for a walk to get a fresh mind. Also writing down your trading setup with your goal to take partial profits as well as setting your stop order is crucial to staying on track. This is just scratching the surface of improving your exit strategy but it will make you a lot of money when trading gold. If you have any questions or would like these reports emailed to you each week please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 15 January 2009 | ...
Gold Equities Are The Gold Indicator
mysmp.com - Day Trading & Stock Trading Strategies —
I find from time and time that gold stocks tend to lead the price of gold during extreme times and as I mentioned in last weeks report the HUI index has warned us up to 7 days in advance, before gold made sizable drop. Well this week is a perfect example in my opinion.
The charts below show how gold stocks became bearish much quicker than the price of gold indicating we should see lower gold prices soon. This time the HUI index gave us 5 days advance warning that gold will eventually drop quickly to catch up and the chart below show this.
How to Improve You Exits for Gold Trades ...
Yellow Gold vs Crude Black Gold, Who’s Ready to Rally
GoldSeek.com —
... Seems like everyone is excited and waiting for gold to start its next big rally, but from a short-term traders point of view like mine, Gold just does not look like a buy yet. Currently gold is in a downward trend on the weekly chart and near resistance. Also, the risk is more than double what I want, for me to enter a trade. I continue to wait for the dust to settle before our hard earned money is put back to work. If you would like more information please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Tuesday, 20 January 2009 | ...
Yellow Gold vs Crude Black Gold
mysmp.com - Day Trading & Stock Trading Strategies —
While gold was extremely popular the past few years, I think it’s safe to say crude oil is unbeatable for popularity, as it’s a resource which almost everyone uses on a daily basis and it affects all of us in the wallet when oil prices rise as fuel, shipping costs and petroleum products start to cost more and more. This is the first time I have REALLY noticed everyone is following the price of oil. When kids start talking about it, then you know its being watched like a hawk from all types of individuals and traders.
When crude oil peaked at $147.90 back in July, people were starting to panic. The ...
Where the Dow, Gold, Silver & Oil Stand
GoldSeek.com —
... Crude Oil Trading Conclusion: Crude oil as you can see looks to be a picture perfect setup as momentum in the price is slowly shifting direction. While many traders went long on Fridays buy signal I am waiting for risk to decrease before I put my money to work. I dont mind buying things at a higher price if the overall risk is lower and the reversal looks strong. Please visit my website if you would like to receive my free weekly trading reports or real time trading signals visit: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Monday, 26 January 2009 | ...
Where the Dow, Gold, Silver & Oil Stand
mysmp.com - Day Trading & Stock Trading Strategies —
... Please visit my website if you would like to receive my free weekly trading reports or real time trading signals visit: www.TheGoldAndOilGuy.com ...
The Mid-Week Gold, Oil & Dow Report
GoldSeek.com —
... risk under 3% for a trade will I take a stab at the markets. I dont want to sound like a broken record but it seems like everyone is bullish on Gold & Oil right now and if thats the case, almost everyone should be long, leaving only one way for it to go, down. We all work way too hard for our money and to toss our money in when things are like a yo-yo is just silly. Patients are a must in times like this. If you would like to receive my free weekly reports please visit my website. www.TheGoldAndOilGuy.com -- Posted Thursday, 29 January 2009 | ...
Rising Commodities, Falling Stocks & Risk Reward Ratio
GoldSeek.com —
... sticking with the commodity funds as they can increase in value while the broad market is selling off. The daily chart of the hui gold bugs index shows this clearly as gold stocks in general are underperforming the price of gold right now. There is an opportunity for oil to make a move higher if things come together in the next couple of weeks but until then we will be patient and let the trade come to us. If you would like to receive my free weekly reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Sunday, 1 February 2009 | ...
Rising Commodities, Falling Stocks & Risk Reward Ratio
mysmp.com - Day Trading & Stock Trading Strategies —
... and traders all excited. The daily chart does look strong and it is currently on a buy signal. But buying at this level is much too high of a risk. The price of gold is trading at the top of its 4 month trading range which previously led to a 20% selloff in bullion. Our support trend line is 10% away from the price of gold making it out of reach still. I trade reversals when risk is only 3% from my stop/support price.
Daily Gold GLD Chart
Learn To Trade Gold ETF's
Gold Stocks ...
Stock Market is Bottoming, Equities VS Gold Bullion
GoldSeek.com —
... way I though this was worth pointing out to everyone. I recommend you start thinking about putting some long term money to work giving it at least 4 years to mature. Today I started investing some long term money with some great looking Canadian ETFs for dividends, Growth and commodities. There are tons of ETFs in the USA for picking what you think will perform nicely during the next bull market. If you would like to receive my free weekly market updates please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Wednesday, 4 February 2009 | ...
Gold, Silver, Oil and the Broad Market Weekend Review
mysmp.com - Day Trading & Stock Trading Strategies —
... in the past. As you can see on the DIA daily chart, the price action seems to be forming a bottoming pattern, which I wrote about last week in my report Broad Market Is Bottoming. The daily chart clearly shows the price action is currently trending sideways and is working its way to the end of this triangle. Volume picked up on Thursday and Friday, which is nice to see. Also the MACD is showing bullish momentum and with any luck, the market will breakout to the upside.
Learn To Trade Gold ETF's ...
Gold, Silver, Oil and the Broad Market Weekend Review
GoldSeek.com —
... upside but we could still see prices drift sideways or even lower for another couple months, as investors need to become more confident and start investing again. The Stock Market Barometer Dow Index DIA Fund I like to look at the Dow for the overall health of the market, as it has provided excellent information for trading in the past. As you can see on the DIA daily chart, the price action seems to be forming a bottoming pattern, which I wrote about last week in my report Broad Market Is Bottoming . The daily chart clearly ...
Gold & Gold Equities Pop and Oil Has a Drop
mysmp.com - Day Trading & Stock Trading Strategies —
... scared investors and they dumped a bunch of money back into gold the past 2 days giving gold a nice move higher. This heightened fear level could push gold higher for a couple days, but a retrace will eventually have to happen. I also want to point out the huge volume today. The last time we saw this type of volume was when gold made a huge move higher and almost marked the high for the previous rally in Sept. I am not reading into this much but it’s something to note.
Learn to Trade Gold Stocks from a ...
Gold & Gold Equities Pop and Oil Has a Drop
GoldSeek.com —
... will be looking at some speculative stocks which are showing signs of strength and have big potential. Most of these stock plays are explosive. Trades will last anywhere from 3 days to 2 months. The down side risk on some of these could be 15%, but potential reward will be 25+%. This is a stock pickers market now and finding the individual stocks at times like this can be life changing. If you have any questions or would like to receive my trading newsletters please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 12 February 2009 | ...
Gold & Silver’s Bull Market Correction & Oil’s Stuck in a Barrel
GoldSeek.com —
... think waiting for some type of pullback is needed. The keys to successful trading are knowledge, discipline, and patience. If you have the knowledge of how the market works, the best way to achieve discipline and patience is to do your home work and stick with your action plan. Dont carry a losing position if it goes beyond your exit point. Exit and find a fresh trade with lots of opportunity. If you would like to receive my newsletter and trading signals please visit my website at www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Wednesday, 18 February 2009 | ...
Traders Report on Gold, Silver & Oil
GoldSeek.com —
... coming out of gold and silver and into the broad market, where there are huge opportunities floating around. Oil I think will have some great opportunities soon. I think it is starting to get exhausted, as most oil traders have lost their shirts and are tired of trying to pick a bottom. With any luck, we will see oil turn up in March. We continue to wait for low risk setups and enter when the water is clear. If you would like to receive my trading reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Wednesday, 25 February 2009 | ...
US Dollar, Gold & Oil Teeter Totter
GoldSeek.com —
... buy signal. I will be waiting for a pullback and reversal when an up trend line will not be as steep. Current down side risk is over 16% from support, which is much too high for me. I just finished reading a book written by JT Grenough, about what you can do to protect yourself in this new world order economic environment. Its about crisis investing for 2009 covering gold, oil and real estate. It has some refreshing thoughts about what we can do in times like this. Chris Vermeulen www.TheGoldAndOilGuy.com -- Posted Sunday, 1 March 2009 | ...
A Golden Correction for Long Traders
GoldSeek.com —
... oil etfs and etns to trade. Im not really sure which one is the best anymore, as they all have really bad contango, the prices seem very random. Some US funds are DXO, USO and USL . A Canadian Fund which pays about 17% dividend is XTR.TO, my personal favorite but it does hold financials as well. Trading energy stocks could be a good place to start like XLE energy fund or XEG.TO for Canadians. If you would like trading alerts or my free weekly reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 5 March 2009 | ...
Light Crude Oil Makes a SWEET Signal
mysmp.com - Day Trading & Stock Trading Strategies —
Light Sweet Crude Oil has been killing traders for months, as the price keeps bleeding lower week after week, sucking bottom pickers dry. After 8 months there seems to be light at the end of the tunnel for the oil bulls.
Crude Oil ETF’s Hurt the Trading Account
Many traders have been hurt trading the crude oil etf funds; they are subject to contango, which I explained in a previous report a couple weeks ago. When trading oil and many other ETF’s, which are to mirror an underlying commodity like oil, it is important to use the commodity prices for buy and sell signals not the oil funds. ...
Gold Bullion and Crude Oil Bull Market Turning Point
GoldSeek.com —
... Oil has been moving higher and has broken out to the up side with momentum (MACD) generating a breakout signal. The next few weeks could provide some great buy points for these commodities if the technicals hold up. Gold is currently at support which is generally a good buy point and oil is trading at the high but with a new trend line support drawn today it is trading near a possible support level. If you would like to receive my weekly trading reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Friday, 13 March 2009 | ...
Gold Flashes A Clear Buy Signal
GoldSeek.com —
... focus on it full time its amazing how in sync you can be with the market. Its much more difficult for EOD (end of day) traders to avoid whipsaw price action like this without their stop orders getting hit. Gold looks like a good buy signal with todays price action. I expect we will get some type of pullback as profit takers step in and pull prices back down for a day or two. If you would like to receive my free weekly gold, silver and oil trading reports please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 19 March 2009 | ...
Gold Flashes A Clear Buy Signal
mysmp.com - Day Trading & Stock Trading Strategies —
Gold Flashes A Clear Buy Signal
What a crazy day. The Fed’s announced plans to buy long-term Treasury bonds and increase its purchases of mortgage backed securities today sending everything higher except the US dollar which plummeted nearly 3% Wednesday.
Gold sold down into previous support levels during the morning only to snap back making a 7% price swing on the day. Gold closed up 3.4% on the session with an enormous engulfing bullish candle. The strong close sets the stage for a steady to higher open Thursday morning.
Take a look at these charts to get a feel for where gold prices stand ...
Silver, Gold And Crude Oil Taking A Breather At Support
GoldSeek.com —
... happen. The broad market (Dow Jones Industrials) looks to be over bought in the short term and momentum is currently negative. The Dow, SP500 and Russell 2000 have rallied up to a key resistance level, while the NASDAQ has posted some big gains and almost trading positive for the year. The market overall is mixed, so short term trades, be ready for some whipsaw action. If you would like to receive my Free Bi-Weekly Trading Reports for Gold, Silver and Oil please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Monday, 30 March 2009 | ...
Gold Stocks, Silver, Oil, Natural Gas & SPX Trading Newsletter
GoldSeek.com —
... trading near resistance. Depending how many spec traders there are still lingering around (as most lost their shirts in the recent months), will dictate how much higher natural gas will move. The 25-30% rally in the past month has been very powerful and this could be just the beginning. I am now waiting for another setup that could be a long or a short trade depending on what happens next. If you would like to get my Bi-Weekly Trading Reports via email please visit my websites at: www.TheGoldAndOilGuy.com for commodities and ...
The Triple time Frame Breakout in Gold and Nat Gas
GoldSeek.com —
... and bullion trades are doing well. We continue to wait for a breakout, hopefully to the upside, but have protection stops in place to lock in gains if prices drop on us. The energy sector has been tricky because oil is trend less and natural gas has gone straight up. Again my focus is on low risk, high probability trades and I dont chase or make trades when there is nothing to trade. If you would like to receive my Free Weekly Trading Reports like this please visit my website: www.TheGoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 1 October 2009 | ...
Gold Stocks, Silver, Oil, Natural Gas & S&P 500 Peaking?
Daily Markets —
... | Author's Website The market continues to whipsaw traders out of positions as volatility rises. I have put together a few charts to show you where each of our commodities are trading along with the SPX ( SP500 index ) (^GSPC) . My Gold Stock Breakout Model - Monthly Chart I use this chart to keep my big picture trades on the right side of gold. I found that gold stocks tend to lead the price of gold so watching this gold stock index on the monthly, weekly and daily charts can provide me with short term tops and bottoms for trading gold bullion, GLD (GLD) or DGP (DGP) ...
The Triple Time Frame Breakout In Gold And Natural Gas
Daily Markets —
... | Author's Website We have been waiting for gold to breakout above the 2008 high for almost 2 years. These charts show we are slowly working our way there. Gold Stocks Index - The Leading Indicator for Gold Bullion I watch the price of gold stocks very closely because when there is large divergence from the price action of gold bullion I can get in a trade before the general public does. Tuesday we saw gold stocks put in a powerful rally yet gold bullion did not move much. This told me there was going to be some positive action Wednesday in gold and there was a very nice ...
Commodities in Final Stages of Basing – Gold, Silver, Oil, Gas
GoldSeek.com —
... a nice rally, while natural gas looks a little top heavy as it trades just under resistance. We continue to stay in the market and are waiting for another round of low risk setups which could happen in the next few days if we get favorable price action. Remember to move your stops up to lock in gains. There is nothing worse than giving back a large portion of your profits when you dont need to. If you would like to receive my free weekly trading reports please visit my website at: www.GoldAndOilGuy.com Chris Vermeulen -- Posted Thursday, 8 October 2009 | ...
Oil, Gas, Silver Gold – Getting Ready For Next Rally
Daily Markets —
... | Author's Website Commodities have and continue to be a fantastic trading vehicle for those who can stomach volatility. After last year’s market crash most commodities pulled back to normal if not lower than normal trading ranges. This allowed us to enter the market at 10+ year lows for natural gas. If we look at the weekly chart for gold, silver, oil, natural gas and the CRB commodity index we can see that commodities in general look ready to skyrocket higher approximately 34% on average in the next 4-12 months. Take a look at this chart of gold . While this chart shows the ...
Trading Opportunity In Dow Jones Commodity Index Fund
Daily Markets —
... | Author's Website Dow Jones Commodity Index Fund - This index tracks the entire commodity market as a whole. Over the past two years we have seen commodities drop in value substantially. The good news is that we could be seeing prices rise going forward from here. 2009 has been a fantastic year for trading commodities with the market bottoming and starting to move higher. This commodity index clearly shows a Cup & Handle pattern and is looking ready to breakout in the coming weeks. The C & H pattern is the best chart formation we could get. Breakouts from these patterns ...
Mid-Week GLD, SLV, UNG & USO Trading Charts
Daily Markets —
... | Author's Website Commodities and stocks have been on fire the past two weeks and I think it just may be time for things to take a breather. While I continue to stay long, taking some money off the table to lock in profits is a safe play. Just from a quick glance at the charts we can tell the odds are pointing to some type of pause or pullback in the coming days. I figure any day now we could see some profit taking. Gold ETF Trading - GLD The Gold ETF (GLD) is one of my favorite trading vehicles. Using simple trend lines and looking at the recent price action you can see ...
Precious Metals, Oil & Natural Gas Trend Charts
Daily Markets —
... | Author's Website Commodities continue to climb with several commodities making new highs for the year. The equities market continues to push higher with 3rd quarter earnings coming in better than expected. This good news has aroused more investors to put what’s left of their money back into the market which has been the fuel for this recent rally in stocks. Here is my concern: The market continued to make a new yearly high last week, company earning are better than expected and more retail investors (average working people) are dumping their money back into the market again ...