Finding Gold and SP500 Low Risk Setups

By: Chris Vermeulen | Wed, Jun 2, 2010
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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.

SPDR Gold Trust Shares


Gold & SP500 Low Risk Trading Setups

Click Here to View the Video: http://www.futurestradingsignals.com/trading-education/gold-and-es-futures-trading-video/


Mid-Week Low Risk Gold & SP500 Trading 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 the 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

 


 

Chris Vermeulen

Author: Chris Vermeulen

Chris Vermeulen
President of AlgoTrades Systems
www.TheGoldAndOilGuy.com

10126 Hwy 126 East, RR#2
Collingwood, ON, L9Y 3Z1

Chris Vermeulen

Chris Vermeulen, founder of AlgoTrades Systems., is an internationally recognized market technical analyst and trader. Involved in the markets since 1997.

Chris' mission is to help his clients boost their investment performance while reducing market exposure and portfolio volatility.

Chris is also the founder of TheGoldAndOilGuy.com, a financial education and investment newsletter service. Chris is responsible for market research and trade alerts for of its newsletter publication.

Through years of research, trading and helping thousands of individual investors around the world. He designed an automated algorithmic trading system for the S&P 500 index which solves his client's biggest problem related to investing in the stock market: the ability to profit in both a rising and falling market.

AlgoTrades' automated trading systems allows individuals to investing using either exchange traded funds or the ES mini futures contracts. It is supported by many leading brokerage firms including:

- Interactive Brokers
- Trade MONSTER
- MB Trading
- OEC OpenECry
- The Fox Group
- Dorman Trading
- Vision Financial

He is the author of the popular book "Technical Trading Mastery - 7 Steps To Win With Logic." He has also been featured on the cover of AmalgaTrader Magazine, Futures Magazine, Gold-Eagle, Safe Haven,The Street, Kitco, Financial Sense, Dick Davis Investment Digest and dozens of other financial websites. His list of personal and professional relationships approaches 25,000, people with whom he connects and shares is market insight with out of his passion for trading.

Chris is a graduate of Seneca College where he specialized in business operations management.

Chris enjoys boating, kiteboarding, mountain biking, fishing and has his ultralight pilots license. He resides in the Toronto area with his wife Kristen and two children.

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