Technical Trading: 80% chance with this commodity – columns

Friday, 06/04/2021 11:18 PM from René Wolfram

| Views: 259

Naturally, June brings a whole range of trading opportunities across the day. Today we’re going into the commodities area, where a bull market is in full swing and (again today) opportunities are opening up on the long side. In this video I show you exactly what it is all about, and with which product I would like to use it: To the video

BULLISH | What looks good

  • Intermarkets
  • Commodity bull market
  • Seasonality

BEARISH | What doesn’t look good

  • Lots of (writer) speculation on $ 30 and $ 31


The trade is implemented with leverage 6.41. The exit takes place when the traded product has reached a value of 7.00 euros.

  • LEVEL | Pay attention to these brands:
  • $ 36.00 | aim
  • USD 31.00 / resistance to be overcome

    CERTIFICATE | With this certificate, the trade could be implemented.
    NOTE! The setup is valid for the current trading day.

    TUI Long
    EUR 5.39 | Market
    Order valid for the day (up to and including June 3rd, 2021)
    EUR 1.00 | Stop loss


René Wolfram, born in 1977, began trading on the stock exchange during his high school graduation. While studying business administration, he was already a self-employed trader, and in the years that followed he specialized in trading derivative financial instruments and futures. For this he developed his own trading strategies and rules in self-study. Wolfram was strongly influenced by the approach of the trading legend Larry Williams, who won the trading world championship in 1987 and holds a world performance record to this day. In 2013, Wolfram himself achieved one of the top three places in the renowned real money competition. With a performance of 52.3%, he was the first German ever to finish third in the World Trading Championship.

His trading approach is fundamentally and statistically shaped, but also has technical elements. Traders can track their full-time trading transparently in the RealMoneyTrader live trading room and follow every trade live. Commodities, currencies, indices and bonds are traded there. On his website It also provides helpful information for traders in the form of articles, videos and free training.

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