Trade With Precision Newsletter - Craig Cobb

This week Craig focuses on just one currency which is the Canadian dollar. He shows three options he is stalking this week to join the weakness in the currency often referred to as the loonie. Great trends are in place, now it’s just time to wait for great trades!

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.

Just last week, Hao Sun revisited Precious Metals and gave us his views on where these markets were headed. With Platinum and Gold both starting the week with major moves to the downside, it would seem that Hao's views are confirmed!

This week, Craig Cobb provides a fresh pair of eyes as he writes about what he sees playing out in the same markets Hao was stalking. As our resident "hunter", Craig jumps on these confirmed down trends in Platinum, Gold and Silver, outlining his plan for joining the push downwards.

Well what a few weeks it has been. Lots of to and fro with regards to Greece and Europe that has now seemingly come to an outcome. Markets don’t like uncertainty and that is certainly been what we have had the last few weeks. With the recent package to Greece the world’s markets can feel a little more at ease and trading can resume almost as normal. I say almost because there is still caution needed for some time longer in my opinion.
Many people will have had a gamble on this news, it will have no doubt brought new people into the markets so for you all this week we offer a trading class in ingredients, be sure to register and take the first steps to understanding the markets!

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.

Allowing yourself to form judgements about the market is one of the common reasons traders come unstuck. As human beings, we all have a deep seated desire to be "RIGHT" but if we let this get the better of us, then our ability to objectively assess price action becomes impaired. Many traders, both inexperienced and experienced alike, can be tempted to hold views on whether an ongoing trend is likely to reverse or continue. Can you see past statements such as "It can't go further!" and trade objectively?