Just thought I'd mention that on my FreeStockCharts.com 60 min
GDX chart, the GDX:GLD ratio went on a sell signal around noon
today. I'm still holding short from 60.10, and using your chart,
Matt, hopefully can make this short trade a profitable one. Don't
know that I'll wait around for the mechanical system to signal long
though!
I don't sure where you see that, the GDX/GLD ratio never crossed
down on the 60 min chart yesterday, t's been on a positive cross
since the 21st and 22nd of Mar
I have the chart on Tradestation and it doesn't seem to be a
sell. How are we defining a sell on this chart? From the slow ma
crossing the other ma's or breaking a trendline. I would like to
know so I do this correctly.
Here is my 60 min GDX chart. The circled portion shows
where the GDX:GLD ratio crossed down. I, too, took a short at
60.00 and am holding this.
FWIW, I find that trading the GDX:GLD ratio in conjunction with
the buy/sell signal on the $BPGDX to work well. For example,
if the $BPGDX is on a sell, then I would be inclined to take all
shorts on the GDX:GLD ratio and avoid long trades. When the
$BPGDX is long, then I go long the GDX:GLD ratio cross and avoid
short trades.
Of course, there will be whipsaws, but I have found this to
be profitable.
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GDX - 60 min sell signal
Posted by frtaylor on 4th of Apr 2011 at 03:57 pm
Just thought I'd mention that on my FreeStockCharts.com 60 min GDX chart, the GDX:GLD ratio went on a sell signal around noon today. I'm still holding short from 60.10, and using your chart, Matt, hopefully can make this short trade a profitable one. Don't know that I'll wait around for the mechanical system to signal long though!
I don't sure where you
Posted by matt on 5th of Apr 2011 at 11:24 am
I don't sure where you see that, the GDX/GLD ratio never crossed down on the 60 min chart yesterday, t's been on a positive cross since the 21st and 22nd of Mar
gdx:gld ratio 60 min crossed down yesterday
Posted by qwich34 on 5th of Apr 2011 at 11:28 am
look chart 2 month or less
frtaylor, how can I see
Posted by zwyss on 5th of Apr 2011 at 03:04 am
frtaylor, how can I see the GDX:GLD ratio on freestockcharts?
GDX
Posted by chetv on 4th of Apr 2011 at 04:04 pm
I have the chart on Tradestation and it doesn't seem to be a sell. How are we defining a sell on this chart? From the slow ma crossing the other ma's or breaking a trendline. I would like to know so I do this correctly.
Here is my 60 min
Posted by pebs on 4th of Apr 2011 at 04:18 pm
Here is my 60 min GDX chart. The circled portion shows where the GDX:GLD ratio crossed down. I, too, took a short at 60.00 and am holding this.
FWIW, I find that trading the GDX:GLD ratio in conjunction with the buy/sell signal on the $BPGDX to work well. For example, if the $BPGDX is on a sell, then I would be inclined to take all shorts on the GDX:GLD ratio and avoid long trades. When the $BPGDX is long, then I go long the GDX:GLD ratio cross and avoid short trades.
Of course, there will be whipsaws, but I have found this to be profitable.