Tuesday, April 18, 2006

Placing additional entry orders on Gold and Silver

Gold and Silver are running higher and higher. I am placing an entry order for both, which will add to my positions if gold moves over $622.85, beyond todays R1 and well above the pivots. Silver entry order above $14 at $14.10 which is R2 and a nice round number which precious metals seem to enjoy breaking through. If you do not have spot market available for the precious metals and do have a stock account, these trades can be used frequently with gold and silver mining stocks or by trading some of the indexes or futures.

I have activated the http://www.weblogs.com/ update on this blog. This means if you set up an account with http://www.weblogs.com/ they will notify you everytime my blog (or other blogs you may be interested in tracking) is updated. I believe this is a free service.