I have often wondered about this also. It seems to me that 2
similar signals from separate systems is better than 1. I wonder
why Matt hasn't responded?
trade them how you see fit, the BPGDM system uses a bullish %
chart which is useful in itself, the GDX Renko is Renko totally
different.
we present these for information purposes and clearly one could
use the other at times AND other things like entry day charts or
indicators to verify a trade or skip or delay a trade
for example the BPGDM, when it hit 7% in July, that was
screaming oversold, I was going to add a rule to ignore the 13.5%
target when it get's that ovessold or only take 1/2 profits.
I trade the systems but I vary from the trades quite a bit,
sometimes I don't do the trades, sometimes I sell early. we
present these as guidelines
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BPGDM GDX system
Posted by royal flush on 27th of Sep 2012 at 11:42 am
I have often wondered about this also. It seems to me that 2 similar signals from separate systems is better than 1. I wonder why Matt hasn't responded?
trade them how you see
Posted by matt on 27th of Sep 2012 at 11:50 am
trade them how you see fit, the BPGDM system uses a bullish % chart which is useful in itself, the GDX Renko is Renko totally different.
we present these for information purposes and clearly one could use the other at times AND other things like entry day charts or indicators to verify a trade or skip or delay a trade
for example the BPGDM, when it hit 7% in July, that was screaming oversold, I was going to add a rule to ignore the 13.5% target when it get's that ovessold or only take 1/2 profits. I trade the systems but I vary from the trades quite a bit, sometimes I don't do the trades, sometimes I sell early. we present these as guidelines