Jump to content


  • Content Count

  • Joined

  • Last visited

Community Reputation

0 Neutral

About fltraz22

  • Rank
  • Birthday 11/06/1984

Contact Methods

  • Website URL
  • ICQ

Profile Information

  • Gender
  • Location
    Viet Nam
  • Interests
    I like reading books, go fishing, shopping, search webs and drink coffee or have dinner with friends. White roses and Jasmine are the flowers I like :)
  1. Just short but valuable, the metal review will tell us how the market works this week. The Metals Review For the week of June 20th, 2011 Precious metals bounced up last week as fear came back into the market with gold shooting higher from $1,520 to $1,540 and silver rallying to above $36. Even as the USD increases the precious metals appear unaffected by this as traders dip back in to the market here with a falling S&P. As I see it, gold still has great resistance at $1,555 and silver at $38 to $40. Copper is down again below $4.10 as this market has been having a tough time recently and looks to head lower. I believe a $3 handle will be seen very soon as the equity markets still look to come off. Read more at http://www.pitguru.com/Article.aspx?cmd=archive&day=20&month=6&year=2011
  2. Just short, the metal review on metals market as usual will share with you necessary information for your trading week. The Metals Review For the week of June 13th, 2011 Precious metals falling at the end of last week with Gold dropping $16 in a matter of minutes as the top still looks to have set in this market with the downtrend continuing. Silver also looking to head lower as this market fell to below $36 last week. I look for continued weakness in the metals as the USD made a very nice move to the upside in the beginning of last week. I think Gold needs to break the $1,520 mark to head lower which I believe will happen early in the week. Copper had a losing week as well following the equity markets lower with the DOW below 12k now as the industrial metal looks to head to $4.00. This market had a tough time holding above the $4.15 mark and looks to sell off this week. I look for $3.90-$3.85 to have good support as this low held last time. To support more for your business, other reviews on financial, energy, soft and grains will help: http://www.pitguru.com/Article.aspx?cmd=archive&day=13&month=6&year=2011
  3. You have got accustomed to the metal reviews weekly shared by Pitguru Daniel Cronin. This week also, we are going to be back metal market and learn notable points guiding our trading. The Metals Review For the week of June 6th, 2011 Precious metals stayed relatively steady last week with gold taking a dip to $1,520 but rallying back up to $1,545 and Silver falling to $36 but getting right back to $37. The Euro/USD remains strong here as this has rallied 6 cents in the last two weeks alone helping boost the appeal for these metals. I think Gold needs to break out of $1,575 to have any shot at more upside and Silver needs to get above $40 again. Copper has also had a stagnant week rallying above $4.20 but coming back down to earth at the support of $4.10. I believe this market will go as fast as the equities take it and the recent sell off suggest there might be more room for downside to break $4.10 in this market. The Dow has lost 500 points the last week and Copper has gotten pulled down with it. Learn more markets at http://www.pitguru.com/Article.aspx?cmd=archive&day=6&month=6&year=2011
  4. As usual, when new week starts, Pitguru Daniel Cronin keeps doing the job of analyzing information around Gold, Silver and Copper and shares with us. Just learn to know how these markets are going to be traded at and plan your business! The Metals Review For the week of May 23rd, 2011 Precious metals had a bit of a bumpy ride last week with Gold unexpectedly dropping to $1,470 only to recover some $40 to trade at $1,510 as this market still keeps on moving higher. Silver held steady at $35 per ounce after trying to get below $32 once again. I think the news about the European debt crisis coming back into the fold will surely hurt the metals here as the USD will gain great momentum this week. I will look for these metals to sell off in the beginning of the week on a strong USD. I say Silver will test $32 again. Copper has reached $4.13 on the COMEX where it is met with great resistance as prior support becomes resistance now. I will look for Copper to retrace back to below $4.00 after the news of the Greek bond issue. I feel this market will surely be sold on this news. By the way, if you would like to know how crude oil, gasoline, financial, sugar, coffee, and other related markets will be traded, just check at http://pitguru.com/Article.aspx?cmd=archive&day=23&month=5&year=2011
  5. When you are a futures trader, among of the trading futures techniques that you need to learn is how to keep track with the market so that you can make right on-time decisions. Back to the metal market, Pitguru Daniel Cronin will help you do this task. The Metals Review For the week of May 16th, 2011 Precious metals kept on liquidating this last week with Gold settling below $1,500 and Silver lower to $34 as the USD strengthened against other major currencies. The Euro/USD is now trading at $1.41 which is down considerably from three weeks ago from a high of $1.4925 as all commodities have been falling. The Silver trade looks to be over for now with the price falling from $49 to $32 as that is a huge decline. I believe Silver will hover around the $30 mark now as it tries to find some support. I think Gold has support at the $1,475 level so watch this mark carefully as it is almost near there already at $1,488. Copper held the $3.85-$3.90 support and is now up to $4.00. I will look for this market to still trade between $3.85 and $4.05 until it builds another solid base. For more information on Crude oil, Gasoline, Cotton, Finance market and check for the Silver chart at: http://www.pitguru.com/Article.aspx?cmd=archive&day=16&month=5&year=2011
  6. It will not take you much time to check for the metal market review this week, but will be valuable for your whole trading week. Let's see what Pitguru Daniel Cronin has analyzed for you! The Metals Review For the week of May 9th, 2011 Precious metals finally got liquidated after the huge run they had with Gold trading below $1,500 and Silver falling to $36 from $48 an ounce just in four days alone. This market will likely have a dead cat bounce this week and I think one could see Gold trading back above $1500 and Silver above $39. This market is very volatile right now so options are the way to go in my opinion. Copper fell very hard from $4.20, below the support of $4.10 to $3.92. I believe this too will see a pop back above $4.00 and there looks to be some resistance at $4.05/$4.06 now. By the way, spend some time more to learn around other futures market reviews on financial, energy, soft and grain.
  7. There will be hot news around Osama Bin Laden's dead that brings energy to most of us and may cause changes in trading life. Let's share the feelings and don't forget to learn the metal market with Pitguru Daniel Cronin to plan your business in the next few days! You can learn more around other futures markets to to active in everything you do. The Metals Review For the week of May 2nd, 2011 Precious metals are coming off significantly over the weekend thanks to US forces capture and kill of Osama Bin Laden. This news came out late last night and is huge. Silver dropped $5 in a matter of minutes and Gold dropped $30 to $1540. Silver now trading $44 and had a low of $42 last night. Some incredible moves as this great news is upon us that Bin Laden is dead. I believe the market will now see lower prices for these metals as the war on terror has the potential to slowly come to an end. I will look for Gold to again test $1540 this week with Silver moving to test $40.
  8. Like usual, Pitguru Daniel Cronin would like to share with us the metal review for the week. By the way, you can check for other futures market reviews to learn more about how other interactive markets are working to help guide your work. The Metals Review For the week of April 25th, 2011 Precious metals again outdoing the rest of the field, scorching everyone in their path as Gold hits the $1,500 number. This market is already up another $17 to start the week at $1,517. Silver is even hotter as this market has risen from $40 to $49 where it is today in a matter of days as many shorts got burnt to a crisp and had to liquidate massive positions last week. With the rally in the Euro/USD it looks as if these metals will continue to head higher. I feel Silver will no doubt break $50 which could easily happen in the early part of the week and Gold $1,525. I see no chance of stopping these metals anytime soon from higher highs right now. Copper again bouncing up from $4.20 to $4.40 where it sits right now. I am watching for a trade above $4.50 as I feel May copper is vulnerable up there and has been sold each of the last 3 times up that way.
  9. Be back the futures market to check out metal review by Pitguru Daniel Cronin to see how Gold, Silver and Copper market keep working. The Metals Review For the week of April 18th, 2011 Precious metals had another great week as both Gold and Silver continued to make new highs with Gold now over the $1,480 mark and Silver above $43. Very interesting to start the week as well with these metals only down fractionally when the Euro/USD was getting hit down (stronger USD) below $1.4260. The question really remains, how long can these metals sustain their current growth? It really doesn't look to me like anything is going to change soon so look for Gold to have great support around $1,450 as it makes its way to the illustrious $1,500 level. Silver bugs have been talking for weeks now of a straight ride to $50 and this looks pretty much par for the course in my opinion. Copper once again coming off of a good rally last week as prices continue to head south as the equity markets begin to slide. I think the base metal has great support at $4.10 and I believe this is where it is headed next as all of the steam to the upside has been lifted from this market and is getting exhausted right now to the downside. **chart courtesy Gecko Software’s Track n’ Trade Pro Past performance is not necessarily indicative of future results.
  10. The Metals Review For the week of April 11th, 2011 Precious metals once again had another stellar week this time breaking the huge resistance in Gold at $1,450 and rallying to new heights at $1,470. $1,475 is my next target here so look for profit taking to occur around this area. Silver reached its target of $40 rather quickly last week and now trades at $40.35 still looking to rally higher. This was caused by the USDs collapse against other major currencies with the Euro/USD now trading at $1.44. Look for the precious metals to try and take some kind of profit this week but $1,500 Gold too far away. Copper rallied along with the equities and other metals and now stands at $4.50. Remember that the price is getting closer and closer to the $4.55-$4.65 resistance are so look for this market to hold steady up here. Prices have rallied 30 cents in a week and a half. You have just checked the analysis focused on metal markets by Pitguru Daniel Cronin. Once you are trader in futures trading platform or any related ones, such the short review can give you valuable information for your trading since the markets are always changeable. **Chart courtesy Gecko Software’s Track n’ Trade Pro Past performance is not necessarily indicative of future results.
  11. How does the metal market continue working this week? Ask Pitguru Daniel Cronin, our expert will help us understand of what will happen around this market and futures trading floor! The Metals Review For the week of April 4th, 2011 Precious metals had a mixed week last week trying to trade to new heights. The gold market hit at $1,449 before losing its footing and sliding back to $1,415 only to rally back up to $1,440 where the price sits right now. The way I see it, dips can be bought in this market as the chart looks like it might realize higher highs and higher low. To me silver is the strongest of the metals and is actually making new highs here breaking through $38 as this price has been on fire since last year, rallying more than 100%. I think all metals will continue to rally as the USD gets weaker against other major currencies as the Euro/USD has flown by $1.42 and is on its way to the $1.43 handle. Look for Gold to make new highs again this week. Copper is still under the liquidation mode and even though the equity markets have rallied Copper has still fallen below $4.25. I like this base metal below $4.20 as a buy with great support at $4.10
  12. You are going to have a short review on metal market this week by Pitguru Daniel Cronin. Once you care about this market, just learn the market and discuss together to find out a good plan guiding your way in the new week! The Metals Review For the week of March 28th, 2011 Precious metals had a peculiar week. Gold rallied to new heights over $1,445 but had no real conviction in keeping the price above there and has subsequently pulled back $25 right now to $1,422. Silver had also rallied above $37 and was looking poised to continue its run but it too faded a bit. Like Oil and the energies, I believe this market will try and sell back down to support of $1,400 so look for a potential liquidation to start the week as prices will drift lower as the USD strengthens against other major currencies. Copper looks to be ready to head back down to $4.30 as well so look for this base metal to react the same with equities, starting the week potentially lower as well. I hope the information shared will be useful for your business. Besides metal review, you can have a look at other futures market reviews to have a full view of what will be going on in the futures trading floor. ***chart courtesy Gecko Software’s Track n’ Trade Pro Past performance is not necessarily indicative of future results.
  13. Not only Japan but the world is facing with the pain that disaster brings to human life. We all deeply want to share things with the Japanese and hope that everything will be ok soon. Back to the metal trading floor, we need to know how the precious metals working this week to plan our work. Let's see what Pitguru Daniel Cronin noted for us! The Metals Review For the week of March 14th, 2011 Precious metals bounced off support levels last week to trade higher as the USD lost ground against other major currencies with the flight to safety play in effect as a huge earthquake rocked Japan and the tensions in the Middle East continue. Gold dipped into the low $1,400's where it was met with good support and now trades higher to $1,430. This looks like another run at the highs are in effect. Keep an eye on the Euro/USD which is just trading a shade under $1.40. Copper has had a big liquidation last week from $4.50 to $4.10 so look for the $4.10-$4.00 mark to show good support as shorts take profit from the recent decline. The equity markets have been on shaky ground these last few weeks so as these go down I think Copper will follow suit. By the way, check out the other futures market reviews to have a full understanding of interactive markets for help!
  14. The Metals Review For the week of March 7th, 2011 Another week of rallying energy prices continued as tension in the Middle East, a falling dollar, and rising Greek debt issues fueled the fire under crude prices. Fighting increased between Libyan rebels and troops loyal to Muammar Qaddafi, reducing the nation’s crude-oil output by as much as 1 million barrels a day. The contango in the wti vs brent contract is still in effect but rallying here as the April arb now trades at -$11.00. WTI spreads in the front still higher as traders gobble up the front month contracts here with May/June now trading -50 and the June/Dec looking to go backwardated. With the US dollar falling and still fighting in Libya this Crude market will likely continue to rise and $110 is next on the horizon. Natural gas continues to slump now below $3.80 in the April contract as continued supply increases sell this market off. If this market gets below $3.70 which is great support then it could be headed for lower lows here on the NYMEX, even with every other energy moving higher. That's what we can learn about the crude oil and natural gas this week. I hope that the information shared by Pitguru Daniel Cronin will help guide your decision on your trading during coming days. By the way, whenever you have time, other futures market reviews can effectively support your trading.
  15. According to Daniel Cronin's analysis, precious metals had a similar week to the energies as prices were very volatile, rallying in the early part of the week with silver reaching over $35 an ounce. Gold has yet to break the $1,430 quadruple top now. This has tested this level several times now without breaking. I believe this will still be great resistance for gold so keep watching that $1430 level. A very sharp breakout to the upside is likely to occur if the yellow metal gets above $1435.