Recent content by shehanb

Hi, I am a commodity trader. I like your simple trading strategy. But i would like to add few opinions. For me I'd like to use simple statistical indicators such as standard deviation channels than MACD. One thing I think SD is less lagging and I can have all my information in one chart. Btw...

Me tooo....

Hi all, Like you guys comments. I would predict a resistance back to 955 during the course of the day as dollar seems to be turning around. But if the dollar continues to strengthen I would say a support of 940?.. Like to hear you guys comments. Cheers, Shehan.

Hi fellas, These days I am bit confused by the market information available. The stress results are to be released today but the news are not satisfactory to determine the market conditions. Some say the results are better than expected and the economy has hit the rock bottom and hence recovery...

Thanks, Here is one of the article I came across recently. A Short History of the Gold Cartel Regards,

Hi guys, There are lots of speculation on gold price manipulation by so called 'Gold Cartel'. What do you guys think about it? Is this true? Is there is base for these acquisitions? I would greatly appreciate if you guys can share the knowledge on the subject. Thanks, Cheers....

I disagree. I don't think gold will fall below 880 for next couple of weeks and resistance will be at about 920. Especially I don't expect positive results from stress results so it will most probably help the yellow metal and the share indices will get affected adversely. I agree to certain...

Hi Guys, Ok here is the deal. I want to move into gold day trading as it seems to be the best option these days. But the gold price is highly volatile and effective trading requires availability of timely data. (I am yet to come up with a technical analysis model to capture the variations as it...

I agree. At least for one to two years gold will be the best option. Even though Bernanke says crisis is coming to end by this year, market data tells otherwise. IMF predicts the situation to continue till 2010; There is speculation that the test results will show the US banks are need of more...

Hi guys, I will be involved in active trading on gold trading soon I'll keep in touch with u. Cheers