Wish I had paid more attention to this today, would have made for a nice short...thanks for the reminder Kingpin...

GLD coming up to resistance on the 60 min, from Matt's chart last night.

Appreciate the update Matt.  I had been wondering if we were going to get a signal soon.

Do you mean the M3 Switch?  That's red now.

Geez, that sucks!  Sorry to hear....

Thanks for the charts Steve

fwiw...

He just posted yesterday.

Matt, do you have Renko settings for the 5 min SPX?

Nice bounce off that trendline so far.  Too a long there but neg div on the MACD has me concerned.

Good stuff!

Thanks RP - awesome to see you posting again!

This is the double short gold stocks on the TSX - looks like it wants to turn up here.  Nice positive divergence on the MACD.

Sweet picture! 

Thanks for your thoughts Tom - much appreciated - but I think Michael makes some excellent points.  I wholeheartedly agree with him that this is the only place available to vent, especially after such a gut wrenching trade.  It was an incredibly painful loss for me, since by the 4th signal I had quite a bit of leverage tacked on to the trade.  Pretty much a years worth of gains wiped out in a matter of weeks because I had such trust in the system.  I'm still sick to my stomach over this, but have no choice but to pick myself off the ground and start over.

That said, I still trust Matt and will continue to take the next trades and hope that this was just an anomoly.  Only time will tell. 

Matt, if the trending indicator is still negative, is there any chance that we would see the system take a short here on this bounce? 

Large percentage loss on my end as well unfortunately. 

Worst trading week I've had in years....

Just had a look at my SPX 5 min chart and realized that we're 12 pt off today's low.  Visually on the chart, it looks like a tiny move off the bottom.  Goes to show what a sh*tty day it's been.

Not nice to rub it in Dell.