Matt, when you have a moment, would you clarify exactly how the
GDX trade is supposed to work, as well as how it in fact has
worked in the past, when the 83.5% bullish threshold is reached?
There is some confusion about whether, as a system
rule, you're supposed to sell longs and wait for the 8 MA
crossover to go short, or sell and go short immediately. In one
post last week, you mentioned that the rule is the latter, but
mamaduck says it's the former.
May I add that the choices you suggested were good. The
question regards the official stats of the GDX system, which seem
to be based on the system going short when the 83.5% bullish
threshold was reached.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
GDX: trade specifics when it crosses 83.5% (for Matt)
Posted by frtaylor on 8th of Nov 2010 at 08:58 am
Matt, when you have a moment, would you clarify exactly how the GDX trade is supposed to work, as well as how it in fact has worked in the past, when the 83.5% bullish threshold is reached? There is some confusion about whether, as a system rule, you're supposed to sell longs and wait for the 8 MA crossover to go short, or sell and go short immediately. In one post last week, you mentioned that the rule is the latter, but mamaduck says it's the former.
May I add that the
Posted by algyros on 8th of Nov 2010 at 09:17 am
May I add that the choices you suggested were good. The question regards the official stats of the GDX system, which seem to be based on the system going short when the 83.5% bullish threshold was reached.