Gold Miners ETF (GDX)

[JefftDecker]

Unfortunately A lot of times we over look certain things in trading

from Morpheus Trading Group

However, I eventually realized that longer-term? weekly charts did the crucial job of smoothing out day to day price volatility and presenting an objective “big picture” of the dominant trend.

full article here-http://investorshub.advfn.com/boards/read_msg.aspx?message_id=124606161

he uses a 10ma while I found out the 8ema is used by some algorithm programs to signal buy/sells. if you had been analyzing the weekly chart you would have noticed to go short in mid august. now like he explains,
you have to look at 15 minute, 60 min and other time frames to adjust
your trading profile in line with the markets. hope the article helps.



on 9/22 the Dec 16th 23 puts were going for .40 cents when price hit the top of the trendline, today they are $1.62 +277% just some thought for the process