Tuesday, May 17, 2011


This what the XGD.TO 60 min chart looks like. You can see the waterfall drop. So I am playing the bounce, it could totally bounce to the 38% or 50% retrace.
I've just come to the realization that my trades have not been working because it's not the environment to swing trade and on top of that I was in the wrong fucking sector, gold stocks! Anyways, gold stocks have been trashed and they're looking to bounce. I bought 1000 shares of HGU.TO at 12.96 from a 5 min chart looking to play the bounce. HGU.TO is a 2x gold bull. 

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