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Mechanical GDX trading system using $BPDGM


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#1 johngeorge

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Posted 13 April 2012 - 10:46 AM

For those who want to trade the GDX here is a daily chart of the $BPDGM. A GDX buy signal is generated when $BPDGM crosses over the 5 day SMA. GDX sell signals are generated when $BPGDM crosses below the 8 day SMA. This purely mechanical system, like everything else in this world, is not perfect. There are whipsaws. Use it if you feel it fits with your risk tolerance. Always do your own due diligence. This is not investment advice.

Edited by johngeorge, 13 April 2012 - 10:47 AM.

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#2 johngeorge

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Posted 22 April 2012 - 10:27 AM

For those who want to trade the GDX here is a daily chart of the $BPDGM. A GDX buy signal is generated when $BPDGM crosses over the 5 day SMA. GDX sell signals are generated when $BPGDM crosses below the 8 day SMA. This purely mechanical system, like everything else in this world, is not perfect. There are whipsaws. Use it if you feel it fits with your risk tolerance. Always do your own due diligence. This is not investment advice.


In accordance with the mechanical trading rules a GDX buy signal was generated at the End Of Day Friday April 20th because the $BPDGM price crossed over the 5 day SMA
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#3 johngeorge

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Posted 04 May 2012 - 06:42 AM

For those who want to trade the GDX here is a daily chart of the $BPDGM. A GDX buy signal is generated when $BPDGM crosses over the 5 day SMA. GDX sell signals are generated when $BPGDM crosses below the 8 day SMA. This purely mechanical system, like everything else in this world, is not perfect. There are whipsaws. Use it if you feel it fits with your risk tolerance. Always do your own due diligence. This is not investment advice.


In accordance with the mechanical trading rules a GDX sell signal was generated at the End Of Day Thursday May 3rd because the $BPDGM price crossed below the 8 day SMA
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#4 johngeorge

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Posted 12 May 2012 - 08:54 AM

For those who want to trade the GDX here is a daily chart of the $BPDGM. A GDX buy signal is generated when $BPDGM crosses over the 5 day SMA. GDX sell signals are generated when $BPGDM crosses below the 8 day SMA. This purely mechanical system, like everything else in this world, is not perfect. There are whipsaws. Use it if you feel it fits with your risk tolerance. Always do your own due diligence. This is not investment advice.


In accordance with the mechanical trading rules a GDX buy signal was generated at the End Of Day Friday May 11th because the $BPDGM price crossed over the 5 day SMA

This is the last post I will be making on this thread. I believe most understand the trading generated by this purely mechanical system. Good success on your trading and investing.
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#5 tria

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Posted 12 May 2012 - 10:34 AM

For those who want to trade the GDX here is a daily chart of the $BPDGM. A GDX buy signal is generated when $BPDGM crosses over the 5 day SMA. GDX sell signals are generated when $BPGDM crosses below the 8 day SMA. This purely mechanical system, like everything else in this world, is not perfect. There are whipsaws. Use it if you feel it fits with your risk tolerance. Always do your own due diligence. This is not investment advice.


In accordance with the mechanical trading rules a GDX sell signal was generated at the End Of Day Thursday May 3rd because the $BPDGM price crossed below the 8 day SMA


This method should probably confirm your signal soon.

http://stockcharts.com/h-sc/ui?s=$BPG...id=p02106437801

-tria

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