Matt, was looking at your prior post on the topic:

http://breakpointtrades.com/blog/post/171912/

How do you define "confirming candle" is it just simply the next day candle closing higher than the crossover day (bullish) or the opposite for bearish confirm?

First entry in a google search for "inverse EEM" = EUM. Don't know anything about the ETF

Matt, 

From Van Eck's website, the fund holdings as of 11/15/11 include 29 stocks. The spreadsheet with the holding are at:

http://www.vaneck.com/FundHoldings.aspx?ticker=GDX

Note this will download their spreadsheet. The direct link to the ETF is at:

http://www.vaneck.com/funds/GDX.aspx?redirect=1&orig=http://www.vaneck.com/index.cfm?cat=3192&cGroup=ETF&LN=3-02&tkr=GDX&LN=3_02

skiesblue,

The renko on the GDX swing system page (setting of 0.6) has been on a sell since 11/9. This BPGDM entry will however be better. The renko though changes quicker and has been better triggers for the last ~2 BPGDM trades.

burkmere,

My data is slightly different from yours. I have we started on 5/5 (I don't have any record of being part of the profitable 4/11 trade). So if we use the 5/5 start point, single entry system with complete reinvestment of profits vs SPY buy&hold

5/5 trade to the 9/15 trade: SPY system = 0.72%

5/5 to 9/27 SPY buy&hold = -12.03%

Realtime as of now: SPY system = -2.46% and Buy&Hold = -8.56%

Pablo1, just in case you don't know BPGDM is based on point and figure chart buys/sells on each individual miner in GDX. P&F buys/sells need a lot to move. I have seen the intraday BPGDM change, so I believe it is automatically updated intraday.

Donald, click on the GDX Swing System button. The data is just above the chart at the bottom of the page.

Peds, are you sures. The intraday numbers on BPT show the BPGDM is still below the MA's.

Great thought vida. One thing that would play into the total net profit/loss is that the new system would have been also long from 112.26 to today's 119.19 after the initial -6.5% loss.

You can compute it using the above "Current Trade Status" data. My actual multi-entry loss real-time is -3.30%. 

skiesblue, I believe you already asked this exact question on May 27th.  It also looks like Matt already answered that question then.

Using tumbler's spreadsheet as a proxy:

Entry # Total Win Loss Win %

1         99         84 15 85%

2 40 36 4 90%

3 15 14 1 93%

4 5 5 0 100%

Total 159 139 20 87%

Here's an intraday chart. You might have to have a stockcharts.com account to view.

http://stockcharts.com/h-sc/ui?s=SPY&p=1&yr=0&mn=0&dy=1&id=p31089445385&a=234825485

I pulled out an "old" chart of Matt/Steve of weekly GDX in a log scale. Nice bounce off of trendline so far.

Matt,

Could the mech system be going long today? Intraday BPGDM has gone up

to 66.67 on the GDX swing system page.

I believe the present intraday reading shows the BPGDM will be flipping back above the 8d MA. Present reading:

Intraday (updates hourly): 63.33

8 Day Moving Average: 62.92

This may mean the GDX will go long this afternoon.

If still available, I would also like to participate.

Thanks

Cotrader:

Interestingly, the intraday update has BPGDM at 63.33, increased from yesterday's close.

REE seems to be at the 20d SMA. Also could it be forming a bearish channel?