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Robert Edwards

Robert Edwards
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  • What Every Trader Must Understand Before They Trade Leveraged ETFs Like NUGT & DUST [View instapost]
    We have been down 5 days in a row and today would make 6 if we stay down here below 1170 in gold. Very oversold. If we can stay above 1162.10 in August gold could pop back 20 to 30 dollars very easily and help your NUGT trade. A little late right now to dump. Better to wait for a rally and we are very due for a rally.
    Jun 26, 2015. 09:39 AM | Likes Like |Link to Comment
  • We Should Know Soon If The 2015 Natural Gas Market Is Going Higher Like 2012, Or Going To Roll Over Like 2009 [View instapost]
    They did the weekend smackdown. This time a bit severe at 7 to 8 cents but already bouncing a bit. Will blame it on cooler temps in forecast. Should hold 2.70 or 2.60 support for now and attempt rally but may not get much above 2.85 this week. Hopefully 2.70 holds and we can shoot for higher prices.
    Jun 21, 2015. 08:12 PM | Likes Like |Link to Comment
  • July Wheat Is Poised For A Small Rally [View instapost]
    Wheat did another cluster close, up just 1/4 cent from Thursday. However, by buying the dips below unchanged and selling out when trading in the positive, had a good day scalping from the long side, while waiting for the contract to launch.

    Soybeans have been especially strong the last few days and putting on a spread of buying soybeans and selling wheat against it, was a favorite trade this week. Finally today wheat closed up and soybeans closed down so next week there could be more profit-taking which will weaken soybeans and rally wheat as shorts buy back their positions, helping support the market.
    Jun 19, 2015. 07:54 PM | Likes Like |Link to Comment
  • July Wheat Is Poised For A Small Rally [View instapost]
    Overnight we made a slightly new recent low at 4.85 1/2 then later 4.85 and finally 4.84 3/4 before rallying back to 4.88 on opening. Then we surged to the $4.92s where I was able to sell out of all but 3 contracts purchased in the 4.85s to 4.89s. Will continue to buy dips and sell rallies. We could slip to 4.80 or even 4.75 before taking out 5.00 but right now looking like 4.84 3/4 might be the bottom for now.
    Jun 19, 2015. 10:34 AM | Likes Like |Link to Comment
  • July Wheat Is Poised For A Small Rally [View instapost]
    WEAT only trades during day hours. WEAT is not leveraged at all so movement is limited. Mini Wheat contracts have no restrictions on going short having to borrow shares, pattern day trader, etc. Also you can play the full contracts against the mini contracts to temporarily hedge. However, for those trading stocks, WEAT is still a viable choice.
    Jun 18, 2015. 06:41 PM | Likes Like |Link to Comment
  • China (FXI) Has Been Hot Lately, But Is It Time To Short China Using Leveraged ETFs, FXP Or YANG? [View instapost]
    After the carnage we have seen recently, I am more apt to scalp from the long side of the market. I purchased YINN today at 47.00. small position as figure we might get a snap back rally for a couple days.
    Jun 18, 2015. 04:01 PM | Likes Like |Link to Comment
  • Hanging Man Formation Is A Warning To Natural Gas Bulls [View instapost]
    Near highs of day I shorted natural gas futures but did not hold for long. I did buy DGAZ at 5.03 near the low of the day. Anyway, the down close today confirmed the bearish hanging man and although there could be strength Thursday expecting a roll over and like buying of DGAZ on dips (nat gas rallies).
    Jun 18, 2015. 12:59 AM | Likes Like |Link to Comment
  • Still Like Scalping In UGAZ Over DGAZ, Looking For Bottom In Natural Gas [View instapost]
    Today we really popped in natural gas, breaking above 2.80 and 2.85, taking out 2.88 resistance and resting just under last week's 2.922 high. Taking out $2.922 should cause test of 2.95 to 2.96 and we may correct maybe 10 cents lower from there but maybe not. We might shoot right for $3. We could even get above $3 to the $3.10 level this week. But first we have to see what Tuesday holds.
    Jun 15, 2015. 06:16 PM | Likes Like |Link to Comment
  • Gold Should See A Seasonal Low This Week! [View instapost]
    Here is Frank Holmes video mentioning how gold frequently bottoms between middle of June and middle of July click http://bit.ly/1IgylOe
    Jun 15, 2015. 05:32 PM | Likes Like |Link to Comment
  • Gold Should See A Seasonal Low This Week! [View instapost]
    Here is a good article that confirms the possibility rate hikes likely already priced into the price of gold. We may or may not surge higher on Wednesday, June 17th, but when the rate hikes actually do occur, should be extremely bullish for gold! Bring it on, Fed! Click http://bit.ly/1IfGZfT
    Jun 15, 2015. 12:29 PM | 1 Like Like |Link to Comment
  • Still Like Scalping In UGAZ Over DGAZ, Looking For Bottom In Natural Gas [View instapost]
    Here is an article about Mexico becoming new large customer for natural gas imports not only with LNG but regular natural gas through pipelines:

    http://read.bi/1GGI19R
    Jun 14, 2015. 02:45 PM | Likes Like |Link to Comment
  • Crude Oil (UWTI) Makes Bullish Hammer Today While Natural Gas (UGAZ) Gets Whacked! [View instapost]
    In WeChat room, mentioned one could buy DWTI this morning when July Crude came back to unchanged at $60.30 and buy more as DWTI dipped on further strength. The low of the morning in DWTI was $62.70 and one could easily have gotten in under $63.50, and sold for a $3 gain as DWTI popped to a high of $66.60. Dollar strengthened after 10:00 a.m. reports and knocked crude oil back down a little.

    Expect we consolidate sideways remainder of this week maybe, and UWTI should look good if we can fall towards $58 and lower in July Crude oil.
    Jun 1, 2015. 12:28 PM | Likes Like |Link to Comment
  • NATURAL GAS (UGAZ) The Widowmaker Or "Opportunity Maker"? An Excellent Trading Scenario Could Be Unfolding This Week, Here's Why. [View instapost]
    Longterm, prices are not sustainable under $3 in nat gas. Eventually you will not see under $5 again. When we start exporting NG prices in the next year or two, US prices will have to rise closer to the world price which is much, much higher.
    Jun 1, 2015. 12:24 AM | Likes Like |Link to Comment
  • NATURAL GAS (UGAZ) The Widowmaker Or "Opportunity Maker"? An Excellent Trading Scenario Could Be Unfolding This Week, Here's Why. [View instapost]
    Let me be the first to congratulate you on writing a great article....thanks for taking my suggestion. When you posted the chart and explanation in the WeChat room, I knew your analysis was too good to not share with others. Your article turned out better than I was expecting. Hope to see many more articles.

    Natural gas definitely has a rally left in it this summer, as I had earlier calculated a strong period beginning in the middle of June. However, after reading your article it looks like we might bottom and start rallying back up a little sooner.
    May 30, 2015. 06:18 PM | 3 Likes Like |Link to Comment
  • Crude Oil (UWTI) Makes Bullish Hammer Today While Natural Gas (UGAZ) Gets Whacked! [View instapost]
    I posted in the Short Bull Traders (WeChat Room) there was a 50% chance of topping out 59.50 to 60.00 and 50% chance we hit 60.80. Well the latter turned out to the correct target as the high of day was 60.70. Now could be a time to play DWTI for a quick scalp but will have to monitor early action next week. Sign up for admittance to the chat room by adding "bobed1" as a contact and you can be invited in and see what trade we do next.
    May 30, 2015. 12:28 PM | 1 Like Like |Link to Comment
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