GDX Renko

    Posted by jlevinthal on 10th of Oct 2012 at 04:29 pm

    Why is the GDX Renko System in cash?

     

    it triggered yesterday, I sent

    Posted by matt on 10th of Oct 2012 at 04:33 pm

    it triggered yesterday, I sent an email out with the price GDX had to close below, should be obvious from your email.  I changed the BPGDM page last night but forgot to change the Renko.

    otherwise that Renko came out of a HUGE trade, stayed long from July 27th to  yesterday, so odds favor a whipsaw.

    See my comments form earlier today and Monday, GDX could be forming a triangle

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