Here's the 15 min GDX chart, as you can see it bounced of that
horizontal support I drew on the weekend.
However take a look at the 4 stochastics settings, notice how
they all crossed up over 20% at the same time, whenever you see
that it's powerful - use that as an education
Posted by frtaylor on 30th of Nov 2010 at 01:10 pm
Thanks, I think - since if it's powerful we may get stopped out
of the GDX swing system trade. My stop is now at 61.12 but I
noticed you haven't changed yours. Is that intentional or just
haven't gotten to it?
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GDX 15 min comments and education
Posted by matt on 30th of Nov 2010 at 01:06 pm
GDX - 15 minm, 4 Stochastics chart
Here's the 15 min GDX chart, as you can see it bounced of that horizontal support I drew on the weekend.
However take a look at the 4 stochastics settings, notice how they all crossed up over 20% at the same time, whenever you see that it's powerful - use that as an education
very interesting matt. Does that
Posted by cwa82675 on 30th of Nov 2010 at 02:56 pm
very interesting matt. Does that work on larger timeframes as well?
Matt, can we have e link
Posted by lg on 30th of Nov 2010 at 01:28 pm
Matt,
can we have e link for non-stockchartmembers
thanks
http://stockcharts.com/c-sc/sc?s=GDX&p=15&yr=0&mn=0&dy=13&i=p76975629854&a=192668081&r=7594
Posted by matt on 30th of Nov 2010 at 01:30 pm
http://stockcharts.com/c-sc/sc?s=GDX&p=15&yr=0&mn=0&dy=13&i=p76975629854&a=192668081&r=7594
Thanks, I think - since
Posted by frtaylor on 30th of Nov 2010 at 01:10 pm
Thanks, I think - since if it's powerful we may get stopped out of the GDX swing system trade. My stop is now at 61.12 but I noticed you haven't changed yours. Is that intentional or just haven't gotten to it?