Congratulations to all of you who traded SGG during the summer months. That has been very sweet business. Also I’d like to thank you my dear fellow trader who pointed out the chart for me early in the June. I apologize that I didn’t post this idea right away but two weeks later. I’ll try to do better job in the future.

However, I’d like share you my style of trading this sweet commodity. I like to go long on those short counter tides of the market. I find them myself using moving averages pointing out the value zone and 2dEMA of the Force Index pullbacks to give me a signal to go long.

13wEMA and 22wEMA are crossing on the weekly chart conforming the strong uptrend.

Pullbacks into the value zone with FI2 below zero is as good as it gets. I really love to work with the FI. I have to thank Dr. Alexander Elder to introduce that fantastic instrument to me.

Sweet trading,

Matias