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| JUL 2011
Calling The Tune In The Gold Market
Just about everyone seems to be aware of the longrunning uptrend in the gold market, one that is now about 10 years old. Gold market traders, on the other hand, realize that the shorter-term swings and cycles in this highly emotional commodity are chaotic and unpredictable, and that a highly disciplined discretionary or mechanical trading system is an absolute must in order to make and retain trading profits. Here is a closer look at an intraday, fully mechanical trading system for gold futures.
by Donald W. Pendergast, Jr.
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