![]() Current Market Rates Per Ounce February 03, 2012 3:19:34 PM PST
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![]() Finding Gold and SP500 Low Risk Setups By Chris Vermeulen June 2, 2010 It's been a very exciting week so far for gold and SP500 traders as we take advantage of mass crowd behavior. Trading against the masses can be very profitable during certain situations but more times than not it's a great way to lose money which is why I focus on taking the opposite side of these moves. This week I decided to do the mid-week report in a video format which I think not only saves everyone time but also allows me to get more information over to you. The video shows a low risk gold setup and a low risk SP500 trading setup which I think will open your eyes to some new things. Last week we took a long position in gold at $1180-85 level buying near the bottom as investors panicked out of their positions. Using market internals, sentiment readings and my own special blend of technical analysis to find these low risk setups which pack a powerful punch when traded correctly. The chart below shows gold from its bull market in 2009 right through to the current rally, which is making us some decent money. ![]() While I am bullish on gold and feel it will eventually reach $1400 per ounce I do think there will be several more opportunities to cash in on gold's price action as this rally matures. I explain more in the video below. Conclusion I hope you enjoyed the video as I showed you some important trading tools for helping to trade extreme conditions in the market. As my buddy from ActiveTradingPartners.com always says, "buy when they cry, sell when they yell," which is exactly what needs to be done in order to profit from the market month after month. If you would like to get my low risk yet powerful trading alerts be sure to checkout my services at www.TheTechnicalTraders.com. TheGoldAndOilGuy.com is owned and
run by me (Chris Vermeulen), an individual gold trading specialist.
After sharing my gold analysis with friends, traders and financial
advisors, I decided to make TheGoldAndOilGuy.com my full time job in
2003. This service was designed from the ground up to help individual
traders who want to focus on consistent, accurate and profitable trades.
Over the past ten years my strategy has been refined to one golden trading
vehicle which has an almost 100% accuracy. The GLD (DGP and DZZ) gold
exchange traded funds are now the most accurate trading vehicle I have
seen, so it's my vehicle of choice. Members of TheGoldAndOilGuy.com not
only get to trade my signals, but see my live trading charts and ask me
all the questions they wish. My goal is for all of us to make money
and have fun in life.Home | Products and Prices | Buying | Selling | FAQ | Articles | Forms | Top Website © Copyright J&M Coin & Jewellery Ltd. 2010. All rights reserved. Pricing index programming and site hosting by Sandrix Technologies Ltd. (AXD) | |||||||||||||||||||