Our next strategy is to “Leg” into a bullish calendar call spread for Barrick Gold. This is a high probability trade that will require some patience and discipline. All of the bullish engulfing patterns have worked out well over the past 10 years, but we must always prepare for the worst.
The video I’ve put together for you explains more about what we are trying to accomplish here but it’s up to you to take action.
[hana-flv-player video=”http://themarketguys.wpengine.com/wp-content/uploads/videos/TOO_072311.mp4″ width=”650″ height=”450″ description=”” player=”4″ autoload=”true” autoplay=”false” loop=”false” autorewind=”true” /]