How can I Trade with Comex Signals
Trading in the comex market is an art. In order to trade profitably in the COMEX market one can trade on the basis of COMEX Signals. All big and small advisory firms provide comex signals for trading. These Comex signals are the calls which tell the trader to initiate a particular trade by buying or selling at the mentioned price levels. However it is a known fact that these calls are not 100 percent correct. At times a trader can incur loss also based on these calls. Thus if advisory is reputed and established they will provide a surety of gaining profits from at least 7 or 8 calls out of 10 calls. Thus the probability of the success or gaining a profit is 70 percent and probability of failure or incurring a loss is 30 percent. Thus by the principles of risk management and wealth management a trader ends up in making a profit in the end.
These advisories that provide these Comex signals have experienced technical analysts and fundamental analysts. These technical and fundamental analysts do an in depth analysis and then they give Comex signals to their clients. Technical analysis is a method in which the future prices of the commodities or the stocks is fore casted based on the historic price movements. In this method various indicators are plotted with different time frames to anticipate a buy or sell call. Also these analysts look for specific pattern to get repeated again and again in the price fluctuations. Thus based on the technical analysis, fundamental analysis as well as general trend of the market they come to anticipate the price movements and give signals for buy and sell of the commodities. The general trend of the market (bearish or bullish) is also important in deciding these signals.