Following this entry system, a long in DZZ would be indicated right about now. You can also monitor the trade for stops and profit taking should there be a break of the channel.
5 years ago
Friday, August 12, 2011
GLD/DZZ Entries
If you are considering shorting GLD with DZZ, you might consider using a linear regression indicator on GLD to time entries or add-to positions.
This is a 15 min chart using linear regression, the settings are 50 period, extension of 1 and width of 20.
Following this entry system, a long in DZZ would be indicated right about now. You can also monitor the trade for stops and profit taking should there be a break of the channel.
Following this entry system, a long in DZZ would be indicated right about now. You can also monitor the trade for stops and profit taking should there be a break of the channel.
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