From Internet I found many people use BPI to trade both gold and
gold stocks. It worked very nicely. BPI is the best index used by
traders before 2000.
However, I am also use the following methods to double check my
point of view on the market trend:
1. Moving average;
2. Chart pattern
3. Renko system.
Currently BPI and Renko are in buy, but Moving average and Chart
pattern are in sell. Thus I am hesitating to take position.
Here is what I think
Gold stocks bottomed?
Posted by gyzhao on 23rd of May 2012 at 08:52 am
From Internet I found many people use BPI to trade both gold and gold stocks. It worked very nicely. BPI is the best index used by traders before 2000.
However, I am also use the following methods to double check my point of view on the market trend:
1. Moving average;
2. Chart pattern
3. Renko system.
Currently BPI and Renko are in buy, but Moving average and Chart pattern are in sell. Thus I am hesitating to take position.
What's bpi?
Posted by freddy123321 on 23rd of May 2012 at 09:04 am
What's bpi?
bullish percent index
Posted by mugsy on 23rd of May 2012 at 09:06 am
bullish percent index
Bullish Percent Index
Posted by tom on 23rd of May 2012 at 09:06 am
Bullish Percent Index