As you likely know I provide my investing strategy for large sums of money to be traded automatically in your brokerage account. I do this through AlgoTrades which is my automated investing system.
Anyway, AlgoTrades which is a leading provider of automatic investing systems for individual investors, and EquaMetrics Inc., the leading provider of algorithmic trading systems and their Intuitive, drag-and-drop interface that lets you quickly build and edit complex algorithms – in a matter of minutes, is proud to announce a strategic partnership that will arm both active traders and investors with the ability to have the AlgoTrades investing system traded for them, and build trading systems of their own. AlgoTrades systems will partner with EquaMetrics to provide its automated futures trading system on the RIZM EquaMetrics ecosystem platform.
AlgoTrades has taken a clear direction by investing in EquaMetrics private equity placement. More investors are needed before RIZM closes their investment funding to the general public which you can get their investors package and become a part of this exciting journey: Click Here
Sincerely,
Chris Vermeulen
TheGoldAndOilGuy.com
Founder of AlgoTrades Systems
www.AlgoTrades.net
https://thegoldandoilguy.com/wp-content/uploads/2014/06/RIZM-AlgoTrades.png212276adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-30 01:14:072014-06-30 01:14:07AlgoTrades Systems and EquaMetrics Announce Strategic Equity Partnership
Back in the day when I was a newbie trader and investor I used to follow several stocks, sectors and commodities that had a setup chart patterns. I would draw all over them and then wait to catch the day of the breakout.
Unfortunately I would miss a good chunk of the trades because they would breakout when I want not watching the chart forcing me to miss some unbelievable momentum and swing trading opportunities. I used to get rather frustrated with trading to put it kindly.
But I eventually learned that there are several ways to avoid this from happening and each of these options work much better than watching the charts like a hawk waiting for that breakout that may or may not happen.
The beauty of my trading system is that it allows me to buy on the breakout whenever a strong breakout happens without me, I have methods that will automatically enter me into a long position on the first pullback after a confirmed trend reversal.
The positive trade-off of buying a pullback that follows a trend reversal or chart pattern is that buying pullbacks is often lower risk than buying breakouts because there is a lower risk of the breakout failing.
Before I get into those details let me update you on what gold stocks just did and what I expect them to do in the near future.
Recently we have seen big money move into gold stocks. Gold and silver stocks are popping on high volume which is great to see. While it is exciting gold stocks are not yet in the clear from further selling or sideways trading.
If you are familiar with Stan Weinstein or have followed my work for a while you likely understand the four stages the market goes through (same on all time frames). Looking at the chart below its clear that the gold stock index HUI has completed a stage 4 decline and appears to be in the second half of an accumulation stage 1.
The stages in this chart I am talking about are big picture trends which last a year or two, more of an investors 35,000 foot view on the market. I breakout and rally above the $280 level will be very bullish, any pause or pullback after that will provide a low-risk opportunity to get involved.
I will let you in on a little secret of mine, and almost never buy an upside breakout, I actually wait for the first pullback. And on the flip side, I always short on the breakdown, and if I miss it, I will then get short on the first bounce.
If you have not read my report on the next countries to start bull markets then checkout it out here: Click Here
In my next article I am going to tell you exactly how to avoid missing the breakdowns and how to be entered automatically into these trades when the market has its first pullback for 100% Hands-Free Trading.
Find This Article Educational? Delivered To Your Inbox Free Here www.GoldAndOilGuy.com
Chris Vermeulen
https://thegoldandoilguy.com/wp-content/uploads/2014/06/goldbreakout.png158238adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-26 10:37:072014-06-27 18:46:30If You Miss The Breakout In Gold Stocks You Need To Do This…
Hey folks, it’s Chris Vermeulen here. I just wanted to mention that doing the traders world online Expo this week. You can download the traders world Expo book from Amazon free of charge until June 27.
This book is jam packed full of highly educational articles from the sponsored guests including myself. For this Expo I decided cover the topic of automated investing systems and why you need them as part of your investment portfolio. I put together a short educational article in the book and you can also watch my presentation on the TradersWorldExpo.com website along with dozens of other big-name guests presenting at the Expo.
Get TradersWorldExpo Book Free Until June 27th:Click Here
Watch My Automated Investing System Presentation: Click Here
Browse Dozens of Trading Presentation & Watch Free: Click Here
This is an important book discussing the use of different strategies methods about trading. It was written by over 30 expert traders.
The book was designed to help you develop your own trading edge in the markets to put you above others who don’t have an edge and just trade by the seat of their pants. 90% of traders actually lose in the markets and the main reason is simply that they don’t have an edge.
All of the writers in this book are very experienced and knowledgeable of different ways. Each of them has their own expertise in trading the markets. What sets these traders apart from other traders? Many think that beating the markets has something to do with discovering and using some secret formula. The traders in this book have the right attitude and many employ a combination of fundamental analysis, technical analysis principles and formulas in their best trading strategies. This gives them a trading edge over other traders.
If you want to be successful at trading, you too must have your edge.
One needs to find successful trading strategies and implement them in their own trading method. The purpose of this book is to present to you the best trading strategies of these traders so that you might be able to select those that fit you best and then implement them into your own trading style.
I wish to express my appreciation to all the writers in this book who made the book possible. They have spent many hours of their time and hard work in writing their section of the book and the putting together their video presentation for the online expo.
Get TradersWorldExpo Book Free Until June 27th:Click Here
Watch My Automated Investing System Presentation: Click Here
Browse Dozens of Trading Presentation & Watch Free: Click Here
https://thegoldandoilguy.com/wp-content/uploads/2014/06/mustread.png142200adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-25 21:40:552014-06-25 21:43:06My Automated Investing System Presentation at TradersWorldExpo
https://thegoldandoilguy.com/wp-content/uploads/2014/06/goldvideo.png233236adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-20 13:33:402014-06-20 13:39:15Gold, Silver and Gold Stocks Rally – How to Invest Correctly
The energy sector has surged during the last two months which can be seen by looking at the XLE Energy Select Sector Fund. If crude oil continues to climb to the $112 level, XLE will likely continue to rally for another few days or possibly week as energy stocks are considered a leveraged way to play energy price movements.
Another way to look at this info is through the USO United States Oil Fund. This tracks much closer to the price of oil. The only issue is that many ETFs that “try to track” an underlying commodity is in how the funds are built. They own multiple contracts further into the future which does not exactly provide us with the short term news/event driven price movements in the current front month contract as they should.
What does this mumbo jumbo mean? Well, it means funds like USO and the highly respected UNG, and VIX ETFs… (just joking about the highly respected part), fail to track the underlying commodity or index very well when it comes to short term price movements. This means, you can nail the timing of a trade, and the commodity or index will move in your favor, yet your fund loses money, or goes nowhere…
Let’s Focus on the Technicals Now…
WTI crude oil has formed a bullish ascending triangle pattern from March to May of this year. The breakout to the upside is bullish and should be traded that way until the chart says otherwise. This breakout and first pullback must hold, or I will consider it a failed breakout. So if price dips and closes 2 days below the breakout level, it will be a major negative for oil in my opinion.
The range of the ascending triangle provides us with a measured move to the upside which is $112. Typically the first pullback after a breakout can be bought. The first short term target to scalp some gains would be $109, and at that point moving your stop to breakeven is a wise decision. Trading is all about managing capital and risk, if you don’t, then the market will take advantage of your lack in discipline.
Looking further back on the chart, you can see the double bottom formation also known as a “W” formation. Once the high of the “W” formation is broken the trend should be considered neural or up.
Also note that the RSI (relative strength) has been trending higher for some time now. This means money is rotating into this commodity. This is in line with my interview this week with Kerry Lutz and my recent article talking about the next bull market in commodities and the TSX (Toronto Stock Exchange).
WTI Crude Oil Trading Conclusion:
In short, oil has some extra risk around it. The recent move has been partly fueled by news overseas. So at any time oil could get a lift or take a hit by news that hits the wires. I tent to trade news related events with much less capital than I normally do because of this risk.
Chris Vermeulen
CEO & Founder
AlgoTrades.net
TheGoldAndOilGuy.com
https://thegoldandoilguy.com/wp-content/uploads/2014/06/oilwti.png179273adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-20 06:45:352014-06-19 13:40:33WTI Crude Oil on the Move $112 Next Stop
Commodities in general have been under pressure for the last couple years. This can be seen by looking at the GCC Greenhaven Continuous Commodity ETF which holds a basket of resources.
The weekly chart has formed a bullish bottom pattern, and as of last January it looks as though it’s now building a basing pattern. Overall commodities are in the very early stages of a stage 1 basing pattern and it looks as though it will be a few more months before any significant breakout will occur. But there could be some early entry points if you know what to look for…
A few days ago I talked about how commodities tend to perform well near the end of a bull market in the United States stock market. I also pointed out which hot index was going to benefit from this.
In this article I want to bring your attention to the steel market. Using the SLX Steel ETF you can clearly see the bottoming pattern and basing pattern for this commodity.
Currently steel is underperforming the stock market and is vulnerable to lower prices. But if we see a few things come together in the coming days or weeks, this could be a screaming buy.
My technical take on steel is this:
SLX has formed a bottoming pattern from January – mid March. It has since put in a strong impulse rally to make a higher high, and is now consolidating above key support. The RSI (Relative Strength) remains in a down trend, but if this starts to rise and SLX breaks above its recent highs around the $47.75 level I feel steel will start to rally with $50 being the next major whole number and previous high for steel to find some resistance.
Also price has been riding along the 200 day moving average which is acting as support. If price closes a couple of days below the 200 moving average I would consider this to be a bearish sign.
Steel Trading Conclusion:
In short, we are looking for the relative strength to start making new highs. Also we want to see a reversal bar on the SLX chart to the upside which we got on Tuesday. Or you can wait for a breakout and close above $47-48 area. Stop would be somewhere around the $45.75 area to start, then raise it as price rallies using intraday pivot lows on the 30 minute chart.
Chris Vermeulen Disclaimer: I do not own shares of TAN as this point, but may buy some in the near future.
https://thegoldandoilguy.com/wp-content/uploads/2014/06/steelpic.png165263adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-19 06:47:032014-06-19 11:52:15Commodities Are Building Bases and About To Rally – Steel Market
During the past couple months several indexes, sectors and commodities have sold off more than 10 – 20%. But now some are looking like new buying opportunities. Over the next week I will bring a few of these trades to your attention as they start to unfold.
Today we are looking at the TAN solar ETF. This sector recently had a 23% hair cut in price. A 20-25% correction in price is a typical intermediate correction for a fast moving sector. The price correction has pulled the sector down to its 150 and 200 simple day moving averages. These levels tend to act as long term support for investors, a buying point.
Many of the individual stocks within this sector are starting to pop and breakout of bullish price patterns. These individual stock prices point to higher prices for TAN going forward.
Be aware of crude oil…. I do think that as long as the price of crude oil stays up solar stocks will continue to rise overall. But if oil starts to roll over and break down, TAN will struggle.
My Technical Take on The Chart:
Big picture analysis shows a powerful uptrend with bullish consolidation.
Intermediate analysis shows a falling bullish wedge, test of moving averages, and a reversal breakout pattern.
Short term analysis shows we are at a resistance level and we will likely see a pause of pullback over the next few days before it goes higher.
TAN Trading Conclusion:
If price closed back below the $39.00 I would consider this bounce/rally failed.
Disclaimer: I do not own shares of TAN as this point, but may buy some in the near future.
https://thegoldandoilguy.com/wp-content/uploads/2014/06/TANpic.png166272adminhttp://www.thegoldandoilguy.com/wp-content/uploads/2014/11/tgaoglogo.pngadmin2014-06-17 16:30:232014-06-17 16:30:23Solar Energy Sector ETF Breaking Out – How to Trade It
