Commodities trade closes - for a 25% profit
This morning closed my commodities position in City Natural Resources High Yield Trust - for a 25% profit
This weekend I had a SELL signal from my commodities investment. According to my system, therefore, I have sold the investment and realised a 25% profit. That is not bad - especially as it is tax-free, the way that I trade.
You can see in the picture where the BUY signal occurred last year, which had been preceded by a false buy signal.
What will happen to commodities next? Will they go up, or will they go down? I have no idea! It’s quite possible that I will be buying back into the commodities investment next week if I get a BUY signal. I shall simply follow the trend.
To get access to a 25min video that discusses my trading technique, click here
This weekend I had a SELL signal from my commodities investment. According to my system, therefore, I have sold the investment and realised a 25% profit. That is not bad - especially as it is tax-free, the way that I trade.
You can see in the picture where the BUY signal occurred last year, which had been preceded by a false buy signal.
What will happen to commodities next? Will they go up, or will they go down? I have no idea! It’s quite possible that I will be buying back into the commodities investment next week if I get a BUY signal. I shall simply follow the trend.
To get access to a 25min video that discusses my trading technique, click here
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