The only good thing about the BPGDM system reversing back to
long today is that it will do so on a day where GDX is down,
therefore it will get better prices then it otherwise would have.
Still not as good as the Renko system buy signal from last
Friday at 41.62 of course, but if GDx ends up down 50 - 70
cents today, that's better than if GDX were up 50 - 70 cents
today
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The only good thing about
BPGDM system switches back to a buy signal
Posted by matt on 22nd of May 2012 at 03:23 pm
The only good thing about the BPGDM system reversing back to long today is that it will do so on a day where GDX is down, therefore it will get better prices then it otherwise would have. Still not as good as the Renko system buy signal from last Friday at 41.62 of course, but if GDx ends up down 50 - 70 cents today, that's better than if GDX were up 50 - 70 cents today