regardless of how the trade does, here's the updated statistics
for the 60 min version assuming that today it would have taken the
trade even though 14 length Stochastic only got a hair overbought.
As you can see the loss from the last trade is only -1.9% vs
-3.1% on the daily. I've also highlighted other trades that
were better in yellow.
If the %K gets overbought tomorrow, I'll send out another email
as that should be an even better signal
regardless of how the trade
GDX Renko system and 60 min chart system comments
Posted by matt on 23rd of Jan 2012 at 09:25 pm
regardless of how the trade does, here's the updated statistics for the 60 min version assuming that today it would have taken the trade even though 14 length Stochastic only got a hair overbought. As you can see the loss from the last trade is only -1.9% vs -3.1% on the daily. I've also highlighted other trades that were better in yellow.
If the %K gets overbought tomorrow, I'll send out another email as that should be an even better signal
Thanks, Matt.
Posted by frtaylor on 23rd of Jan 2012 at 10:21 pm
Thanks, Matt.