Update Wheat future december 2009 contract long

Prices ran up to a high of 529$. That is a nice profit of 7.08% or 31% with the leverage of 4.43. And since I told you that if you have a lot of profit in such a short time and we were going into the overbought area, what do you do then? Well any answers, yes, we exit the trade, that is what we do. Or you closed the trade on the 14th of October when it was climbing and you had more than 25% profit....

Trade alerts

To make it a bit easier to follow the trades I will add a reference here to the last trades and updates on trades. Results for 2009 Results for 2009 December 2009 12/16/2009 Great panther resources limited TSE:GPR November 2009 11/30/2009 Romarco Minerals and Acadian Mining 11/22/2009 Palladium long October 2009 10/28/2009 Closing trades: UTS Energy Corp and Open Range Energy 10/19/2009 Update...

Break out for Crude Oil

The price of oil has been in a trading range (60$ to 75.55$) for months and now Crude Oil broke out and is trading at 78.7$. The trend has been up since May. Crude is getting a bit overbought so for a possible entry we will wait for a pullback. Do you have a nice trade in mind then please share it with me and post a reply. I wish you all the best in your trading adventur...

“The Perfect Portfolio”

I added this article written by Market Club because I use the Market Club trader tools. I also started checking out a video and after that I wanted to try their tools (30 days risk free trial). Is there such a thing as a perfect portfolio? Maybe or maybe not, but there are certain times, and this is one those times, that it is practically a no brainer in how to make money in the market. That is why...

Update Wheat future december 2009 contract long

It looks like I was right and wheat took of to a high of 513$ or a profit of 3.84% or 17% with the leverage of 4.43. The current price of 509.75$ is around the 23.6% Fibonacci level of 507.32$. Next stop if it will climb so high will be 549.37$. RSI is getting near to the overbought area so watch out the following da...

Platinum long update

At last Platinum broke through 1,345$. The current price is 1,355$ so when you entered the trade you currently have a profit of 4.31% without, or about 38% with the leverage of 9. Today platinum had a high of 1,360. If you took the leverage you can always exit the trade and take your profit. 38% is a nice profit for such a short time. The trend for Platinum still looks strong and will probably...

Alert Wheat future december 2009 contract long

It looks like wheat is breaking out, currently trading at 494$. You can go long and take a Turbo or CFD with leverage around 4 or 5. the Turbo with Stop loss 417 has a leverage of 4....

Alert Platinum Group Metals Limited

I like stocks that are cheap, and ok around 1$ it would be cheaper but nobody can predict a top or a bottom. The stock is now in a nice uptrend, and you know what I wrote: the trend is your friend. Volume is also picking up. Before the crisis it traded about 3 times higher! Now 1.5...

Alert Open Range Energy Corp. TSE:ONR

Open Range Energy Corp is trading at 2.01$. Volume is increasing to 3,4 million and has a strong uptrend. Also several analysts gave this a Buy or Outperform. I will post a chart later ...

Alert UTS Energy Corp

UTS Energy Corp has a strong uptrend and has a current price of: 1.97$. MA 10, 50 and 200 are below the current price and we just had a MACD cross over. Before the crash this stock was 6.12$ priced in May 2008 so the stock is still cheap. A bid of 1.75$ in April was rejected. Once over 2$ the next high would be 3$. Chart courtesy of: Market club tools for the trade...

Platinum long update

Platinum is doing what we expected but has some difficulty getting over 1,345$. We can see that:: MACD made a cross over RSI is not overbought  the current price is above the moving averages of 10, 50 and 200 days. The current price is 1337$ so a profit of 2.92% without, or 26.32% with the leverage of 9. You can always take your profit, especially when you took a product with leverage...