FREE Members Newsletter
Get
instant access to my #1-Rated
Swing and Day Trading Newsletter For FREE and MORE by typing in your Name and Primary Email below:
Privacy
Policy: *Your name and e-mail
will NEVER be sold - we hate spam as much as
you do. You can unsubscribe from our e-mails
at ANY TIME. Your selections
look every bit as good if not better than subcriptions sites that
charge up to $100/month... Paul
Bondy, USA I should be paying
you! Paul J. Krupin, USA
Larry Swing is the President of the popular day and swing trading site www.mrswing.com a place where you can find free daily articles and videos covering education, market analysis and picks from Larry and other well known traders in the industry.
Daily Trade Signals
for All Major Markets incl. Currencies, Forex,
Energies, Financials, Grains, Indices, Metals, Softs Daily Trading Signals
Up
Trend
Down
Trend
No
Trend
Daily P/L Tracking for
Active Signals Documented
Track Record2003(+237.3%) - 2004(+120.3%) - 2005(+42.7%) - 2006(+86.9%) - 2007(+32.67% YTD)
Jul 31, 2006 - GOLD MARKET FUNDAMENTALS: (6:00 AM CST) A story about European Central Bank gold sales holding below quota levels, is certainly supportive from a big picture stance, but it is possible that the precious metals are instead set to be buffeted by the Middle East situation and the shifting outlook for the global economy.
Morning Gold Market Report for 7/31/200
Statistics: London Gold Fix $637.00 +5.75 LME COPPER STKS 97,450 ml tns -900 tons
GOLD MARKET FUNDAMENTALS: (6:00 AM CST) A story about European Central Bank gold sales holding below quota levels, is certainly supportive from a big picture stance, but it is possible that the precious metals are instead set to be buffeted by the Middle East situation and the shifting outlook for the global economy. In fact, in the near term, the gold market looks to continue to speculating on the direction of the world economy and whether or not there is still an actual threat of inflation. Some Press outlets have suggested this morning that stagflation and not inflation might be set to drive metals prices higher, as investors fret over the unsettling impact of slowing growth and rising commodity prices. If the gold market were to transition to a stagflation focus from a growth and inflation focus that would indicate the bull camp is capable of shifting its focus considerably and that is usually a sign of an entrenched bullish mentality.
OUTSIDE MARKET DEVELOPMENTS: (6:00 AM CST) With energy prices down and equity prices generally weaker, the outside market impact on precious metals in the early going is somewhat negative to start the week. With the Dollar unchanged against most currencies and weaker against the Yen and Canadian, the gold market is somewhat without a definitive currency direction. The economic report slate today contains two different Purchasing Managers reports, but from the overnight Press coverage, it seems that the precious metals markets might be watching closely for signs of stagflation instead of growth and inflation signals. With Israel granting a 48 hours halt to air assaults and the US Secretary of State suggesting a cease fire can be achieved this week, we suspect that the crisis in the Middle East is set to become less supportive of the precious metals markets.
Technical Analysis: Note: Compiled during previous session 07/28/2006 at 3:22 PM CT CBOT GOLD (AUG) 07/31/2006: Declining momentum studies in the neutral zone will tend to reinforce lower price action. A positive signal for trend short-term was given on a close over the 9-bar moving average.
Additional Reference:
Technical Statistics - As of 07/28/2006 3:22 PM CT
Signals are generated & published daily before market opens based on closing prices & daily statistics. Account trades one FUTURES contract per $25,000 investment.All signals are entered Market On Close (MOC) or Stop Close Only (SCO).
*All Hypothetical #'s & narratives assume profit is taken out at the end of each year. Reinvesting profits would lead to larger gains.
Narratives by Year & in Total
In total from 2003-2006, an initial investment of $25,000 earned $121,797 profit, to end the 4-year period with an account value of $146,797, for a total gain of 487,2% & an average annual gain of 121,8%. The average monthly gain (in 4 years) was 10,1%.
In 2006, an initial investment of $25,000 earned $21,717 profit, with a YTD account value of $46,717, a YTD gain of 86,9% & an annualized gain of 86,9%, at a run rate to more than double the initial investment. The average monthly gain YTD is 7,2%.
In 2005, an initial investment of $25,000 earned $10,682 profit, to end the year with an account value of $35,682, an annual gain of 42,7%. The average monthly gain was 3,6%.
In 2004, an initial investment of $25,000 earned $30,080 profit, to end the year with an account value of $55,080, an annual gain of 120,3%, again more than doubling the initial investment. The average monthly gain was 10%.
In 2003, an initial investment of $25,000 earned $59,318 profit, to end the year with an account value of $84,318, an annual gain of 237,3%, more than tripling the initial investment. The average monthly gain was 19,8%.
Yes!
I would like to learn more about FutureSwings Trading Systems
& AutoTrading Account Setups,
Please have MrSwing's Team contact me NOW...
DISCLAIMER: INDIVIDUAL ACCOUNT PERFORMANCE RESULTS MAY VARY DUE TO A VARIETY OF FACTORS, TO INCLUDE STARTING DATE, ACCOUNT SIZE, COMMISSIONS, PASS-THROUGH FEES, SLIPPAGE & OTHER FACTORS.
PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THE RISK OF LOSS IN TRADING COMMODITY FUTURES MAY BE SUBSTANTIAL. ONLY RISK CAPITAL SHOULD BE USED FOR SUCH INVESTMENTS. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK IN ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL OF WHICH CAN ADVERSELY AFFECT ACTUAL TRADING RESULTS.
Daily Trade Signals
for All Major Markets
