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Index Page » Finance & Investment » Foreign Exchange
 

Energies Update ? We Made BIG Gains Using This Indicator - You Could Too

 

We piled up huge gains this week in unleaded gas and crude and want to share with you our favourite timing indicator.

If you have read our recent reports you will know we are great admirers of the stochastic indicator.

Its the best indicator for timing trades. Use it correctly and not only will it make you money, it can also help you stay out of trades that can lose you money.

Stochastics allow pinpoint market timing

Our unleaded gas and crude positions have piled up big profits this week and its the stochastic indicator that allowed us to get in for huge gains.

The stochastic keeps you out when the odds are not in your favour.

The stochastic is a great indicator, as it always helps you buy strength NOT weakness. One of the biggest errors made by traders is to buy weakness - they want to predict where the market will find a bottom and they then quickly lose their equity.

NEVER try and predict where a market bottom will form wait for CONFIRMATION of strength from support before buying.

Here is a quick update of the trades we showed you to pile up a huge profit quickly and the one we didnt take, becuase there was no strength, the net affect of this was we made money on a great trade and saved a loss on another.

We love Natural gas!

The long term fundamentals could not be more bullish, but getting in on the action means waiting for strength.

A support level appeared the other day and it was tempting to buy into it, but the stochastic indicator remained down, so we stayed out and good job we did! Prices fell.

Another level of support is being targeted, we will look for this to hold and look for a stochastic crossover with bullish divergence, to get into the market.

A full description of this fantastic indicator

We will cover how to use this fantastic indicator in an article in the next few days.

Use it and you will find it will help you get in the market when the time is right and keep you out the market when the odds are not in your favour.

Energies Where Next?

Natural Gas

Is our favourite long term commodity and we expect a major buy signal next week.

We will keep you posted.

Unleaded & Crude Oil

All trends remain up and test of the highs is on.

Traders tend to bid these markets up at the weekend and with the gains over the last three days we have banked partial profits its big trend in three days so some is now in the bank!

We expect a break of the highs and will if this occurs be looking to get long and you guessed watching the stochastic indicator to time our trades!

Author: Sacha Tarkovsky
 
Author Bio:
Sacha Tarkovsky is a popular columnist. Sacha likes to pen down articles about this area.
This article can be searched using: forex market, foreign exchange rates, forex online, forex training, online forex trading, forex news
 
 
 

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