The reasons may have been different, but it was obvious that a big break would come which would send retailers scurrying.
Gold has sold off 2000 points in the last session and a half.
Fortunately for us, our OrderFlow caught the entire move, right near the top.
There was another big one in the other metal- Silver. This one has fetched about 4000 points so far.
I have mentioned several times, that the system of following the buying and selling of the market, is the best indicator of future prices.
The charts above testify.
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5 comments:
The OF signals are amazingly accurate in commodities Shai, Thanks!
RM,
At MCX the buying and selling of the market is in it's purest form and unadulterated by hedges/ options etc
In NF because of the huge option volumes, somehow we cannot attain this level of success.
v2 updated
SHAI ..I noted one thing whenever u start something new its with a bang..
v2: aug-sep 2010 was bang
gold ..double bang ..
so team V1V2 is bang bang..
Manu :)
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