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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)
Sep 29, 2006 - Statistics: London Gold Fix $601.75 -1.65 LME COPPER STKS 117,575 ml tns -3,800 tons
GOLD MARKET FUNDAMENTALS: Fortunately the gold market shifted its focus recently away from the evidence of slowing and declining inflation and began to embrace ideas of rising physical demand. With the evidence of slowing coming from inside and outside of the US and low upcoming inflation readings predicted by a US Fed member, the flight to quality or inflationary hope is missing. However, the market has managed to climb back above the critical $600 level this week and has fixated on physical and jewelry demand. Certainly the market is leaning on the evidence of early and aggressive Indian gold buying ahead of the Festival season and therefore the trade might be able to discount the partially negative outside market action this morning and it might also be able to down play the news of Central Bank sales from the Riksbank overnight. Apparently the Swedish Central Bank has indicated that they intend to sell up to 10 tons of gold in the coming sales period that runs from September 27th of 2006 to September 26th of 2007. With the Riksbank already reported to have sold 25 tons during the first two years of the gold sales agreement and now indicating that they will sell another 10 tons, they would seem to have passes the half way market to their 60 ton sale limit over the 5 year period. In short, the Banks might be seen as sellers from the news this morning, even though the Euro zone sales pace was recently found to be running behind its annual allowable sales limit. With reports overnight of Japanese buying, there does appear to be some resistance to aggressive selling pressure, but traders should note that today is the last day of the month and the quarter and rather than tolerate more losses on the month, some players might be entice to liquidate positions at levels that are currently $37 per ounce above the recent lows. However, we suspect that the end of month selling interest will not gather momentum unless the market shows early signs of weakness today!
OUTSIDE MARKET DEVELOPMENTS: While the metals markets haven't paid that much attention to the Dollar action this week, the Dollar in the early action this morning has almost reached the highest level since July 26th and that could indirectly be discouraging some buyers. At least in the very early action today, the energy complex is slightly weaker and that might be considered bearish to gold and silver players. Fortunately the action within in the metals complex is somewhat disjointed, with the gold and silver weaker and copper and platinum trying to maintain positive positioning on the session. In general, overnight equity market action is somewhat supportive but the US economic report slate today will be rather active and the market is generally fearful of a continuation of the recent pattern of slack US economic reports. In fact, the overall impact from the scheduled numbers today is probably tilted toward the bear camp, in the wake of news that the Euro Zone September Inflation readings were down sharply overnight. In fact, the Euro zone CPI went from a prior +2.3% reading down to a gain of only 1.8%.
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%.
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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
