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Monday, July 08, 2013 10:20:56 PM
The difference in percentages of the first and second run can be explained by the rsi(14) imo. Both times time the turning point started at about 96-97.
In addition to this the last 2 runs the pps fell to about 40% of the top of the run the same day we got the peak (i.e. Around rsi50). Buying back around that point should easily bring about 70%.
Te next days it should be possible to make 40%, then 30%, then 20%, then flipping starts...
So the total return i am targeting for is to make around 500% x 1.7 x 1.4 = 1190%.
Because i dont have a too big amount invested in this i am willing to buy back with all the profitd i have.
All this is based on the previous runs, this run could prove to be different. It is key to keep analyzing an re-evaluating your strategy.
Also have a look at the macd now compared to previous runs, think we are close.....
Good luck to all of us!
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