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Thread: 20dmf

  1. #1

    20dmf

    There is still some slight accumulation.
    We can also see that the OB/OS indicator crossed over the -90 level.
    Technically, we have a buy signal, but only the close will confirm this.
    I updated the gold sector. We can see that the MF is negative for this sector: large players are selling strength into gold miners.


    Pascal

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  2. #2
    Selling has accelerated and the OB_OS indicator is back below -90


    Pascal

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  3. #3
    Join Date
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    Are we LONG today?

    According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
    Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
    The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
    I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
    Is the 20DMF and the IWM Robot buy mode valid?

  4. #4
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    Quote Originally Posted by pdp-brugge View Post
    According to your post of 9:26 PM yesterday, I concluded that the buy signal on the 20DMF was not triggered.
    Yet if I look now (7:30 AM) to the 20DMF page it tells me that it is long. This page is calculated based on the data of 16:00 PM.
    The IWM Robot page also tells me that he is in buy mode and that the robot will go into in long trade as of the opening today.
    I thought that a move up of the OB/OS signal that does not go above the -90% level did not count as a valid buy signal? Am I wrong here?
    Is the 20DMF and the IWM Robot buy mode valid?
    Yes, it all happened in the last minute. Billy
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  5. #5
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    Please excuse me for asking a novice question again

    Is it now the intention that we place a market order at the opening?
    Or do we place a limit buy order with a trigger @ 68.74

  6. #6
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    Quote Originally Posted by pdp-brugge View Post
    Please excuse me for asking a novice question again

    Is it now the intention that we place a market order at the opening?
    Or do we place a limit buy order with a trigger @ 68.74
    Yes, limit buy order @68.74 valid for one day only.

    Billy

  7. #7
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?

  8. #8
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    Quote Originally Posted by Adriano View Post
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?
    Yes, there seems to be a bug for the indicative prices of entries and stops of related ETFs.
    Pascal will check and update the page with correct indications.
    We apologize for this problem.
    Billy

  9. #9
    Quote Originally Posted by Adriano View Post
    Billy/Pascal,
    the IWM entry point is 1.50 % below yesterday's close, while UWM's is 11,18% below, well below Friday's close. Is that correct?
    Yes, you are right: the data was not correctly uploaded from Yahoo for UWM, TZA and TNA.
    Thanks for having noticed it.

    I corrected this.


    Pascal

  10. #10

    Pascal, What is Meant by "MF is positive"

    Hi Pascal,

    In the recent description posted on how the 20DMF is used, I see the statement: "the time to go long is when these three conditions are in force: there's a been a direction change in OB/OS signal AND the OB/OS level is between -70 and -90 AND MF is positive"

    The main page 20DMF page say MF: -0.64% at the 11/28/11 close.

    How is this all interpreted so that 20DMF is in a BUY going into today's open?

    Thanks,

    Shawn

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