Hi, in today’s live training session I looked at precious metals; gold, silver & platinum, and where I am interested in buying the physical items.
I use the M2 technical analysis to look for buying opportunities (the item I do NOT trade them using leverage).
Later in the session, I explained the difference between buying physical gold and ETF’s. Also why owning the metal rather than mining shares is usually better.
Mike Maloney of www.goldsilver.com does a much better job of that subject in this video:
I also showed some examples of perfect entries on a few recent crypto pullbacks (again using M2) and showed how you can trade almost all markets using it!
I then explained how you need to know when things don’t “look right” and walk away temporarily.
This week there are a LOT of really good Earth & Sky setups, so what to do when loads come all at once?
New members, please note: If I am looking to take a trade long, for example, 1.5000, I place my order 10 pips above & 10 pips below for a short. This is because price often does not quite reach a major line and you need to allow for spreads.
We are NOT a “tipping service” our aim is to teach you how to trade for yourself.
For more up to the minute, updates do not forget to drop by the forum.
Andi has updated the fundamentals section of the site. Whilst things are hopefully creeping back to some kind of normality, here is his take on what to expect in the coming week.
Non Members will have to sign up to view.. https://www.forexmentorpro.com/members-area/fundamental-research/
Check out today’s live session recording now: