Trade With Precision Newsletter - Commodities

Last week the Dow had a strong move higher and now is looking slightly over extended on the daily chart so Simon is expecting a pullback in price. Platinum has started to rollover therefore Simon is also stalking this market closely for an opportunity to short this market. 

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

This week, Hao Sun walks us through his analysis on three energy markets including Natural Gas, Heating Oil and Gasoline. All of these markets are showing signs of weakening further so Hao takes us through some potential short entries that may setup in the near term.

This week, Simon takes a look through a range of markets including the Dow Jones, Platinum and AUDJPY. He outlines his trading plan for each of these markets so make sure you follow these markets closely this week to see if any of the trade ideas play out. 

NB: For the highest quality viewing click on the wheel in the bottom right hand corner of the video and select 720p.  This will dramatically increase the video image from the default setting.

What sets professional traders apart from amateur traders is that professional traders are able to predict price action and trade accordingly instead of continually chasing moves like amateur traders. By predicting price action, these professional traders are able to gain entries into markets before the bulk of the move occurs. In contrast, amateur traders are only drawn to the market after large price moves have occurred and they try to chase the market. By the time amateur traders gain an entry into the market, the professional traders are already unloading their position and ringing the cash register.