Hello traders and MarketClub members everywhere! Today, gold (FOREX:XAUUSDO) gave a buy signal at $1207.59, basis the spot market. You could now be long the gold market if you are a short-term trader. Many of you may remember that Q1 was a difficult quarter for the Internet portfolio, due mainly to a loss in Netflix Inc. (NASDAQ:NFLX). Well, I'm happy to report that the Trade Triangle approach has come through once again and made back all of the previous quarter's losses in Netflix. For those of you old enough to remember the iconic "Star Wars" series, where the old Jedi Master, Obi-Wan Kenobi, calmly instructs Luke to "trust the force." Only in our case, we trust the Trade Triangle technology. Eventually, they get it right and they will reward you. Netflix is a great example of that today. In addition to both gold and Netflix, I will be taking a close look at the equity markets and the indices that track them. I'll also cover yesterday's big move in crude oil and what's going on with the dollar. It looks to me like Q2 is going to be a great quarter and don't forget what I said at the beginning of this quarter about gold. "Quarters two and three are without question the most productive for gold and have shown historically over the past eight years to be the ones to focus on. For example in Q2 for every dollar you risked in gold you made $12.91 back." While it is not possible to guarantee returns, and risks do play a part in any type of trading, the odds would seem to be overwhelmingly in your corner when you focus on the gold market in Q2. Below is the average Q2 returns trading one futures contract both long and short. Q2 average return over 7 years: + $7,788.00 Keep your eyes on gold today.
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