Today we are going to discuss spread betting strategies that can be used ahead of a major news item. Later today the second quarter US GDP numbers come out and we get asked frequently about which spread betting strategies we use ahead of such major news announcements.
Read more on Spread betting strategies for trading the news…
Read More...Recently we have been discussing various spread trading strategies for stocks and commodities and the 2 markets that we have been focusing on are gold and the S&P 500.
Let’s begin today with gold. In our last post on gold we wrote that we were looking for a move back up above short term resistance at $1215. We had written that there had been a bull harami pattern on the weekly charts and that this pointed to higher prices in the short term and a test of $1215 resistance early in the week. We got that test yesterday and the market moved up to $1218.8 (August contract) at one stage in the day but was unable to close above $1215.
Read more on Spread trading stocks and commodities…
Read More...This week’s LS Trader financial spread betting update is now available and can be read by clicking here.
For a change, the markets have had a quiet start to the week and there have been no major announcements out over the weekend and nothing too major happening in the Asian markets, which are several hours ahead of ours. This suggests that we will possibly see a continuation of the trends from last week during the early part of the week, especially once the US markets open this afternoon.
Read more on LS Trader Financial Spread Betting Update For June 28 2010…
Read More...Continuing our series of recent posts on Gold and how to spread bet gold, we saw a new all time high intra-day yesterday at $1266.50 (August contract). However, the market was unable to hold on to those highs and sold off for the rest of the day, forming a bearish engulfing pattern. As the name suggests, this is a bearish pattern and a reversal signal. However, it may not yet be the end of the uptrend.
Read more on Gold Reverses From New All Time High…
Read More...This month’s financial spread betting newsletter is now available. To read the newsletter, please enter your email address in the box at the top right hand corner of this page. Our spread betting newsletter is a free monthly publication and is usually emailed out to subscribers on or around the 15th of each month.
Read more on Financial Spread Betting June 2010 Newsletter…
Read More...This week’s financial spread betting update is now available and can be read by clicking here.
This week we look at the S&P 500, which has finally broken out of the lateral trading range that it has been in for almost 4 weeks. We take a look at what this may mean for the stock markets as well as what may happen next. We also look at Gold which has just broken out to new all time highs as well as discussing the US dollar, which has had a second consecutive week of weakness and the recent uptrend for the US dollar looks as though it may be coming to an end for now.
Read more on Financial Spread Betting Update 21st June 2010…
Read More...Continuing our recent posts on gold and how to spread bet gold, we look at what's been happening in the August Gold contract. After a few failed attempts at resistance around $1250, Gold has finally broken through to new all time highs and has been able to close above prior all time highs for the first time since new highs were posted back on the 12th May. This carried more significance as the close above resistance was Friday’s close, and Friday’s close is the most important close of the week. Ideally we look for another close on Monday above this level for further bullish confirmation.
Read more on Financial Spread Betting Update: Gold Set For $1335?…
Read More...Continuing on from our post last week on spread betting stocks where we talked about the current lateral trading ranges that the stock markets are in and in particular the S&P 500 (the real stock market), today we look at what has been happening in the S&P 500 and what may happen next. There are a number of technical factors in play in this market which may have a considerable bearing on where the markets go next and this information should assist you in making your decisions as to how you are going to be spread betting stocks and in particular the S&P 500 over the coming days.
Read more on Spread betting stocks – Stock indexes are still in lateral trading ranges…
Read More...LS Trader Financial Spread Betting Weekly Update
This week’s LS Trader financial spread betting update is now available and can be read by clicking here.
This week we look at the S&P 500, which remains in a lateral trading range and may be set to test the highs of that range this coming week. We also have another look at Gold which hit new all time highs during the past week, and Crude Oil, which has continued to struggle with resistance levels of late. Long term the trends are up for the S&P 500, up for gold and down for Crude Oil. Further out we expect a long term trend change to down in the stock markets with potentially a large move lower before the end of the year, at the very latest by March next year.
Read more on Financial Spread Betting System Latest News…
Read More...Spread betting stocks and stock indexes.The stock markets continue to trade within the current lateral trading range. On the S&P 500 (September contract), which is the main stock index, the range is between 1034.80 and 1100. This range has held good for the last 14 sessions.
Read more on Stock Indexes Remain In Trading Range…
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Phil Seaton’s Financial Spread Betting Systems
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