Do you think is possible to use the same mechanical system you
have for GDX but applied to gold futures (/GC) ? Using futures you
don't need to wait to buy after hours.
Posted by mansilvcas on 18th of May 2010 at 02:22 am
Systems tend to work in products and times of high
volatility. With low volatility, systems like the ones in
the premium content section, since they would be very choppy. If
you run the ratio ATR/price (as an estimate of volatility) in gold
futures you will find that it is half of GDX ratio. Also, GDX ratio
is even higher than DGP (2x gold). Therefore if you apply the
system to gold futures you may not get the advantages of the
system.
yes I have made it perfectly clear 1000 times with the MA and
pivot systems.
however the newer proprietary systems will be offered eventually
work fine in any market and volatility does not affect them, they
trade just fine in low volatile times when the Vix is low
Yea I know that, I was just wondering if your mechanical system
settings (ratio etc.) would be possible to apply for gold futures
charts, that would be very interesting.
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GDX Mechanical System applied to gold futures?
Posted by piclez on 18th of May 2010 at 01:33 am
Hi Matt,
Do you think is possible to use the same mechanical system you have for GDX but applied to gold futures (/GC) ? Using futures you don't need to wait to buy after hours.
Thanks for great systems.
Different volatilities
Posted by mansilvcas on 18th of May 2010 at 02:22 am
Systems tend to work in products and times of high volatility. With low volatility, systems like the ones in the premium content section, since they would be very choppy. If you run the ratio ATR/price (as an estimate of volatility) in gold futures you will find that it is half of GDX ratio. Also, GDX ratio is even higher than DGP (2x gold). Therefore if you apply the system to gold futures you may not get the advantages of the system.
yes I have made it
Posted by matt on 18th of May 2010 at 02:29 am
yes I have made it perfectly clear 1000 times with the MA and pivot systems.
however the newer proprietary systems will be offered eventually work fine in any market and volatility does not affect them, they trade just fine in low volatile times when the Vix is low
Hello, no this is only
Posted by matt on 18th of May 2010 at 01:39 am
Hello, no this is only for GDX gold stocks, it does not work for gold metal or gold futures, only the ETF for the stocks
Yea I know that, I
Posted by piclez on 18th of May 2010 at 01:46 am
Yea I know that, I was just wondering if your mechanical system settings (ratio etc.) would be possible to apply for gold futures charts, that would be very interesting.