Did Commodities become Currencies
All are seeking safety in these times of uncertainty. The question rises did Crude oil become a safe haven? According to reports supplies are at record highs and some analysts suggested crude should fall to 10-20 dollars a barrel. Hearing things like this simply reinforce my belief that with trend following a basket of commodities you do not need to know or predict anything. If crude really does fall to these levels trend followers like myself should make a fortune like in the past. Having no opinion I rode up the price of crude and then sold when it fell out of bed. Compare this to traders that analyzed and knew where the market was supposedly going ( Amarnath). Amarnath blew up and lost a tremendous amount of money.
I have learned a long time ago…there are no experts or gurus…My guru is price action. I react to price action.
If the masses think Gold has become a currency and it rises as a bastion of safety I will ( I already have) purchase gold. If gold crashes…I will sell gold without any thought. This is what makes a successful trend follower. Trade without any opinion. The fact is no matter how diligent ones research can be…price action takes this out.
Follow the trend …have a plan… manage the risk… have discipline and patience to let the plan work out over time
Andrew Abraham
Andrabr9@gmail.com
www.myinvestorsplace.com
Futures trading involves risk. People can and do lose money

My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following.
Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.
If you are interested investing with Andrew Abraham via my managed accounts please come to Abrahamcta.com.

























































































