Chicagostock Trading

Chicagostock Trading

GLD Chart Update

 GLD (Daily)  12_10_2010 - 1_27_2012.jpg

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The November 2011 Gold swing short that made $46k

In November, the gold bounce from 1535-1804 was recommended to sell against.  By December gold fell back to clip the 1535 lows with a new low at 1523.9 before turning back.  This offered oppurtunity for aggressive traders to short the market and profit on the way down, along with oppurtunity for gold bugs to use the pullback as an area to defend and buy physical considering the market was $300 more just a month back.

GCNOVTRADE.jpg

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The 2011 Euro trade that made $43k in 3 months.

On October 27th 2011, Chicagostock Trading recommended selling the Euro at 1.4180:

eurotrade10-27.jpg

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SP500 Chart 1/12/2012

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Chart 1/8/2012

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