GDX:GLD - Chart Link - it's a method I
discussed before that I use in my systems, called the whipsaw
confirmation method where price has to take out the confirming
candle high or low. It's not perfect but filters out a lot of
false crosses by using price action
GDX/GLD ratio whipsaw confirmation method
Posted by matt on 3rd of Jan 2018 at 12:41 pm
GDX:GLD - Chart Link - it's a method I discussed before that I use in my systems, called the whipsaw confirmation method where price has to take out the confirming candle high or low. It's not perfect but filters out a lot of false crosses by using price action
Great tip Matt! Plugging this
Posted by rojoch on 3rd of Jan 2018 at 03:45 pm
Great tip Matt! Plugging this into some of my own systems, I can see how it would have helped avoid false entries/exits.
Awesome Matt, thank you!
Posted by jtverr on 3rd of Jan 2018 at 02:32 pm
Awesome Matt, thank you!