How To Trade Gold and Silver during a Euro Crisis on BetOnMarkets.com
During BetOnMarkets´ most recent webinar, ??How to Trade Gold & Silver during a Euro Crisis on BetOnMarkets,?? professional traders Phil Carr and Nik Kalsi, focused on the major steps required to trade on commodities like Gold & Silver during the Eurozone crisis.
Phil and Nik started off the session by showing all webinar participants how the increase in European debt and Spain??s downgrade by Moody have affected the price of Gold and Silver. Gold dropped sharply by 30 points within one hour and the price of Silver dropped by 50 points in 2 hours. Phil and Nik explained that the first step in predicting the future direction of commodities is to look out for EuroZone news announcements as well as real time news feeds, such as the ones provided by Reuters.
The speakers gave practical examples to show how their own technical indicators may be used together with real time news feeds to monitor Gold & Silver for 5 to 10 minutes in order to determine in which direction the market is headed. Phil and Nik explained that the best entry point for a bet placed on BetOnMarkets.com may be determined by means of this technical market analysis.
Phil and Nik also stressed the importance of trading headline news; they explained that economic factors and news feeds originating from major markets like the United States, the United Kingdom and Australia may affect the price movement of Gold, Silver and Oil.
Find out how you too can benefit from the impact of the EuroZone crisis when trading on Gold & Silver on Betonmarkets.com Check out the recording of this webinar session: http://goo.gl/acJmx
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