Quote Originally Posted by pdp-brugge View Post
gdx is whipsawing :(
I have opened a long trade at the open that I have closed once the short signal had a confidence of 50%

Th confidence is now (11:37 New-York Time) above 70%.
Maybe a stupid question: what happens if intraday the confidence goes above 80% - is there a possibility that it then again drops below?
If so, should we wait until 30 minutes before the close to act
At 80%, the short trade will be opened and the confidence level will stop being shown.
At 80%, it means that "that far in the trading day, only 20% of the time did the MF move back up to the short limit"



Pascal