ETF Gold Trading

This is a comprehensive "look over my shoulder" recommendation service, meaning you get to know the trades I'm actually trading. While placing such trades, I also walk subscribers through the entire process from entry to the eventual exit, keeping things as simple as possible for even the more novice traders. If you have a question, no problem- send me an email and can quickly address any of your trading questions.

I have been actively fine tuning my trading strategy year after year improving the timing, entry and exit points as the market evolves. I trade two different trading strategies depending on the market conditions. During a trending market I focus more on swing trading for big gains of 3-50%. But during volatile times my goal is to play short term overbought and oversold market sentiment levels grabbing 1-2% here and there. This is what makes my trading strategy unique and profitable over the long run, not to mention Extremely Accurate. I consider this service a complete trading experience from education to money management, to profitable trades.

Several big plays should unfold in in 2011 and 2012 and I am looking at the SP500, DOW, Precious Metals, Oil, US Dollar, Bonds and Emerging Markets. I also cover sector ETFs when opportunities present themselves.

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Gold edges up on weaker dollar, dovish U.S. Fed policy bets

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 Gold edged higher on Monday, helped by a weaker dollar and expectations that the U.S. Federal Reserve will reiterate its dovish monetary policy stance this week. Spot gold was up by 0.1% at $1,943.58 per ounce. U.S. gold futures rose 0.1% to $1,950.10 per ounce. “Gold is firm on the basis that the Fed could adopt a further dovish message with respect to average inflation targeting,” said Michael Hewson, chief market analyst at CMC Markets UK. “If you want to have a policy of average inflation targeting, you’re going to have to go into detail as to how you are going to arrive at that particular outcome.” The dollar retreated on Mond ay, bolstering gold’s appeal for investors holding other currencies, ahead of the Fed’s policy decision due on Wednesday. “If inflation forecasts remain at 2% or below, this could offer gold a tailwind as the zero-yielding metal thrives in a low-interest rate environment,” said FXTM analyst Lukman Otunuga. Market participants are also waiting
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For the gold price, two outcomes are possible.

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For the gold price, two outcomes are possible. First is a return to or near the April low ($1,277.40). Second is a drop to a lower low, $1,240 - $1,260. Yet a third possible outcome is that the June and December lows were not a double bottom and one further drop may come. I account that the least likely, and look for a low here by the end of the week, but I'm no more'n a nacheral born durnd fool from Tennessee, so what do I know?   You'd think that an institution charged with promoting the gold industry would produce reports that at least cast the best light on gold's prospects. You'd think wrong, if you're thinking about the World Gold Council. They've been negative on gold for, oh, the last 14 years or so. Today they issued a report that contained a nugget about Chinese business using physical gold as collateral for bank credit ($40 bn worth) but they managed to tease a gloomy forecast even out of this inventive monetary use. That and bad
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The price of gold advanced as high as $1,603.40 per ounc

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The gold price broke out to a new all-time high above $1,600 per ounce Monday morning, rising for the eleventh consecutive trading session. The price of gold advanced as high as $1,603.40 per ounce before backing off to trade just the $1,600 level. The yellow metal gained on the back of a surge in borrowing costs for Italy, the latest European nation to see its bond market come under heavy selling pressure. The lack of a deal to raise the $14.3 trillion debt ceiling also helped boost gold prices. The eleven-day rise in the gold price is the longest winning streak since January of 1980. The gold price delivered another noteworthy performance last week, climbing 3.2% on its way to a series of fresh record highs. With Monday’s advance, the gold price extended its monthly and year-to-date gains to 6.6% and 12.5%, respectively. Last week’s two-day Congressional testimony by Chairman Ben Bernanke on the economy and monetary policy revealed that the Fed remains open to the
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