Working hard for our money

We translate the rules to our chart of GLD (the StreetTracks Gold Trust Shares ETF).


As can be observed: there are three clear situations where a signal of the CCI is followed by a switch of the SAR which produces three times a nice trade.


However: if you short with the last trade than it is the SAR which produces the buy-stop because the CCI is not falling back to those levels to produce a buy signal.


No questions?


Thank you.


Than I hand out wishes for a mighty 2009.


Have fun tomorrow. And take care Sphere: Related Content