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Silver futures generate a buy signal
Thursday, February 02, 2012
by Larry Baer of Zaner
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Trading commodity futures and options involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge and financial resources. Silver futures rallied today (2/02) for a second consecutive session. This move higher for March silver futures generates a fresh buy signal on the daily chart. This is the third buy signal for silver on the daily chart since the trend changed to the upside in mid-January. The 50-day SMA is now pointing up on the daily chart. The trend is up on the monthly chart. There is a resistance area around the 35-36 level. Gold futures issued a buy signal on the daily chart yesterday as well. Subscribe FREE to my daily charts and set-ups newsletter: http://www.zaner.com/3.0/lbaer.asp My intra-day commentary now available at: http://www.larrybaer.com/ Call me for trade set-ups at (312) 277-0112 SEE CHART 
Call me for trade set-ups at (312) 277-0112 or toll free at 888-281-4161 or email: Lbaer@Zaner.com How to open an account with Zaner Group. Open an account with Larry Baer at Zaner Group. My intra-day commentary now available at: http://www.larrybaer.com/ Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed.
Recent articles from this author
- Cotton #2 futures show a fresh sell signal - Wednesday, May 16, 2012
- Live Cattle & Feeder Cattle futures give buy signals - Tuesday, May 15, 2012
- Metal complex tumbles, Gold futures generate a sell signal - Friday, May 11, 2012
- Wheat futures issue a sell signal - Wednesday, May 09, 2012
- Sugar #11 futures show a sell signal - Tuesday, May 08, 2012
About the author
Welcome to my page! My name is Larry Baer and I am a senior broker with Zaner Group. I have been in the futures industry for thirty years and my prior experience includes a membership at the Chicago Board of Trade. During my ten years on the trading floor, I traded and managed a futures and options operation which serviced both retail and institutional clients. I am also the author of the Trader's Tool Box. While I have a strong respect for market fundamentals, I truly believe in the old adage, "the trend is your friend." And I have made the trend my best friend. I utilize a matrix of common technical indicators that when viewed together, generates a much stronger trading signal combined, than when viewed alone. The blend of this matrix with my own insights offers a complete technical picture of the markets. This is not a trading system, but a trading strategy which can assist or complement your own trading plan and style. If my three decades in the markets has taught me one thing, it's that the needs of traders vary as much as traders themselves. You may think you need full service when you don't, and often, vice-versa. Your trading style may be suited for tailored trading platform you are not aware of. My role is first, to help define your needs and to build a relationship from that point. Choosing the right broker is key to your trading goals. Here is what I offer my clients: - Trading Platform matching, training and backup.
- One-on-one consultation
- Risk-appropriate strategies which emphasize options on futures
- The Personal Touch: Guidance, assistance and customization of services
My client base ranges from full service to self-directed. Take a step in the right direction and contact me today, toll-free: 888-281-4161 or direct: 312-277-0112. You may also e-mail me at: Lbaer@zaner.com.
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