A collection of studies, articles, and data series I've collected over the years on stocks and options.
Wednesday, February 27, 2008
Gold continues to rally
Wednesday 2/27/08: Gold continues its rally. I recently added to my position. This is a beautiful chart, showing a nice stepwise series of higher highs and higher lows interspersed by clean bases. I am using the trailing 20 day low as a stop.
This trade was stopped out for a nice profit. The 20 day trailing low and high catch most major moves, as they did here.
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