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Strategies & Market Trends : STO AV/DB Workshop

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To: SGJ who wrote (20)3/19/2012 6:02:50 PM
From: SGJ  Read Replies (1) of 93
 
GOLD: Daily- 9 day still below the 200. PPO has moved up a little and is at -0.76. The RSI is operating off a DB. Full and Fast STO are modified DB's. The Fast and Full STO %K has now crossed %D. A chance to move 17 points to the upside before hitting 200 day resistance of 1680. Risk off.

A strong move over 1680, with a PPO cross would be the buy signal imo. Then use a SAR stop or just under the 200 day.
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