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GBG final target hit

actually, GBG hit the final target (.50) last week and bounced off it several days in a row, offering multiple exits.  therefore, although i still think this one could go much lower over time, i just don't think the R/R warrants tying up any capital and think that i makes sense to take the approx. [...]

May 22, 2012 12:52pm|Categories: Completed Trades - Short, Gold & Commodities|Tags: |Comments Off on GBG final target hit

GBG update

GBG was first posted back on april 5th as breaking critical support on the weekly chart.  it was again posted on may 4th as an objective short entry as it pushed back up to resistance.  i also covered it recent in the video trade idea update last week but i hadn't added any targets until [...]

May 15, 2012 4:51pm|Categories: Completed Trades - Short, Gold & Commodities|Tags: |Comments Off on GBG update

Trade Ideas Video

For optimal viewing, choose the "Watch on YouTube" option, then choose the HD quality and Large player settings the bottom right of the video window. MAY 30th UPDATE:  PLEASE NOTE THAT SEVERAL OF THE TRADES ASSOCIATED WITH THIS VIDEO HAVE ALREADY BEEN COMPLETED AND ARE NOT LONGER ACTIVE TRADES.  THEREFORE, IF YOU CAME HERE VIA [...]

May 8, 2012 12:42am|Categories: Completed Swing Trades, Completed Trades - Short|Tags: , , , , , , , , , , , , , , , , , , , , , , , , |Comments Off on Trade Ideas Video

GBG update

second chart above is the updated GBG daily chart showing the break below support and subsequent re-test while the first chart is the original weekly chart.  until/unless GBG can make a sustained move back up above that level, this is a very bearish break-down from a technical perspective as per my original notes [...]

May 4, 2012 9:07am|Categories: Completed Trades - Short, Gold & Commodities|Tags: |Comments Off on GBG update

GBG weekly

this is the first of several components of GDX that are sitting at, slightly above, or in some cases, like GBG here, just below very critical support.  as most of you already know, i am a big fan of the volume at price histogram.  volume at price gives a nice visual on the amount of [...]

Apr 5, 2012 12:50am|Categories: Gold & Commodities|Tags: |Comments Off on GBG weekly
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