Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : McEwen Mining -- Ignore unavailable to you. Want to Upgrade?

To: go2hilt who wrote (17444)	3/10/2017 6:58:31 PM
From: benwood	Respond to of 24538

If that was my algo, I'd back test from ~06 through 08 bottom and the following rebound, and esp. around the top and the years of crushing misery that followed. If it kept me out of that, those bits of data would be worth their weight in gold.

To: go2hilt who wrote (17444)	3/10/2017 8:30:27 PM
From: Robov	1 Recommendation Recommended By go2hilt Read Replies (1) \| Respond to of 24538

Most technical indicators lag to some degree or another and so as you stated, by the time you get the confirmation to buy you've already missed a good portion of the move. This is why by buddy is always trying to drill into me the method of scaling in and scaling out. For me at least I can look at a chart and see levels by looking left and into the past of the stocks price action where I can see good areas to add or sell. In some cases, as was the case at the 3.25 - 3.35 level a buy deep in that zone could have made a great day trade as price bottomed at 3.23 and hit a high of 3.53 for a .30¢ move. flic.kr flic.kr And the next level highlighted was the 2.90 - 2.68 level and as you can see we only briefly touched this level hitting a low of 2.84. A demand zone combined with an oversold RSI. The candles tell a story of buyers and sellers. Looking at the chart you can see that it was all selling until we hit the 3.25 - 3.35 where the first batch of buyers were averaging back in. And then today as we hit the next lower level and bounce again as possible shorts covered and buyers stepped in. Do we continue higher from here or is this just a bounce. Hard to say. Bankster's/Commercials may want a little lower yet and maybe deeper into the zone I highlighted on some of the more recent gold charts. flic.kr flic.kr A the most recent chart of the pincher as it shows some signs of fading and possibly turning down. That said it could still zig and then zag back up and get even tighter. flic.kr

To: go2hilt who wrote (17444)	3/11/2017 10:17:25 AM
From: JW@KSC	2 Recommendations Recommended By benwood go2hilt Read Replies (1) \| Respond to of 24538

**************** Go2, Benwood, Robov Charting Package ***************** I'll try to make this as short and sweet as possible. First, the Program is a Complete Charting Package for Seasoned TA and Novice TA users alike, to include a Trading Platform if you chose to join it. I just tend to use the App, which is not anywhere as thorough as the PC version. When I find something interesting I go to the PC. I do most of my Surfing/Stock Scanning on my Tablet. I will provide a web link to the Programs Demo Video Page and there is one Demo Video Below. I have been using it for about 6 months. Although time constraints I primarily use just the Trend Reversal (TR) Indicator App. There are lots of videos Demos and tutorial videos not just on the program itself but charting and general. To address benwood's Backtesting on the Trend Reversal Indicator that I have uploaded screen snapshots charts from. This video should cover that with Back testing a few stocks showing the reliability of that portion of the Program. youtu.be The Demo Video page. There even a GLD Uptrend Broken Video showing may years begining in 2008. The Home Page has Videos also. From that page, I would suggest you at least scan through the other Pages. Joe Qi, the Programs Creator has always been very responsive when Emailing him with any questions and you can contact also for through consultations as well. You can Create Custom Screeners, ect. Again I suggest glancing over all the pages of the site. It's a subscription service with a few different reasonable prices and the ability to pay via PayPal where you can stop on going payments easily, should you want to tryout the Program . That's it in a nut shell, the rest is covered in depth on the Site.