BPENER XLE clarification

    Posted by matt on 15th of Sep 2015 at 09:55 am

    $BPENER - Chart Link - I covered yesterday on the blog and in the newsletter as some of you asked, but just to be clear, the BPENER Renko system is still on a buy, even though the Renko crossed over the MACD did not so it remains on the buy signal.  who knows maybe it would be best to have it go to cash when the two don't match, but remember what I said about these systems when I made them back in May, that they were un-refined, very simply, that's why I uses a 1.0 renko box size vs some odd size

    XLE - Chart Link - candlestick chart with MACD

    again these things are prone to whipsaw, especially in this market, best when things are trending more

    BPENER

    Posted by maverick on 5th of Oct 2015 at 09:52 am

    Did the rinko system go long?

    GDX had a MACD 8 21 5 cross this morning

    Posted by oatdust on 15th of Sep 2015 at 10:14 am

    So it looks like that system went on buy this morning 

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!