Canadian Dollar Falling due to much lower Oil Prices

We noted several weeks ago the Canadian Dollar would become more linked to the price of oil when Oil drops below $95 per barrel. This means the USDCAD could easily fall in price even more as oil falls further. Oil is now trading a remarkable $85 per barrel, and the Canadian Dollar has dropped significantly over the [...]

Did a Commodity Crash Start today? TF101 Signals 3-6-2012

Oil Speculation

I’ve warned a few times about the potential for massive sell off in commodities – and there is a chance this huge sell off started today. When I look at the supply and demand fundamentals facing individual commodities, I see very bearish signs in nearly every commodity.  I can’t tell if this potential crash is [...]

Trend Following 101 Gets Short Silver

**Trade Alert: Short Canadian Dollar and Silver** The system got short Canadian Dollar on Friday and Silver on Friday. I had warned we might get a sale in Silver on Thursday – the market settled very close to the entry price Thursday night. You can enter both the Canadian and the Silver markets on Monday [...]

2-2-2012 Trade Summary

sugar(1)

*New Position Alert* Short Sugar as of today. The market closed lower. This market is close to some support. If it breaks through this level, the Sugar market could move much, much lower. On a weekly chart, it looks like a huge head and shoulders. The Corn and Soybeans went down a little today. The [...]

Grains Bounce Again

Grains bounced very strongly off their December. Still, despite this strong move, longer term trend indicators are still down. Beans made lows during the Dec 12-15 dates, and since then have been on an upwards bounce. The Corn and wheat have also bounced strongly. These markets are approaching their highs made in October and early [...]

Diversification: The Reason you want to trade as many markets as possible.

salmon_2

You might be wondering why Trend Following 101 trades so many different markets. We need enough markets so we can always have a few that might be in strong trends.  We’re looking to reduce our risk through diversification. One of the reasons investing in the stock market is so frustrating is because it’s only one [...]