TheGoldAndOilGuy
Posts : 11
Join date : 2009-12-14
 |  Subject: The Gold and Oil Guy: Spot 60 minute Trends for Gold, Oil, Nat Gas, and Indexes  Mon Jan 04, 2010 7:34 pm | |
| http://www.thegoldandoilguy.com/articles/spot-60-minute-trends-for-gold-oil-nat-gas-and-indexes/ Spot 60 Minute Trends for Gold, Oil, Nat Gas, and Indexes
Welcome back everyone! It’s time to buckle up and get ready for another exciting year of trading.
When the market is moving on light volume I tend to focus on very short term plays to minimize my exposure to volatility. The past couple of weeks have been great for day traders and futures trades as we took advantage of the short term seasonal holiday rally in the broad market and also by shorting gold when bounces reached resistance levels.
This year I will be providing many more trades as I focus more on 60 minute trading charts to scalp the market with low risk quick reward setups. Also I will start providing futures trading analysis and signals for those who want to be more active and generate more income on a monthly basis.
DIA – Dow Jones Exchange Traded Fund – 60 Minute Chart
The Dow has been trading in this range for a couple weeks providing some excellent short plays. Although I tell members not to short in a bull market, there are times when shorting in a bull market looks and feels right. The past month has been the perfect mix for shorting using the 60 minute charts.
Dow Jones Trend
Read the full article
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