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Trading in Futures
12 Aug 2021 (213 views)

I trade on Gold and Bitcoin Futures.

I follow the daily chart presented by my stockbroker on the trend for Gold and follow it most times (but not always) for my trading.

See the chart below.

I found that they are right more often than wrong.

I also look at the chart of the US dollar against the other currencies. If the US dollar is weak, I expect Gold to be strong. And vice versa.

I observed this price movement to be correct on many occasions (but not always).

They do not present any chart or view on Bitcoin. So, I have to make my own conclusion for my trade.

 


Trading in Futures
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I trade on Gold and Bitcoin Futures.

I follow the daily chart presented by my stockbroker on the trend for Gold and follow it most times (but not always) for my trading.

See the chart below.

I found that they are right more often than wrong.

I also look at the chart of the US dollar against the other currencies. If the US dollar is weak, I expect Gold to be strong. And vice versa.

I observed this price movement to be correct on many occasions (but not always).

They do not present any chart or view on Bitcoin. So, I have to make my own conclusion for my trade.