Sunday, November 7, 2010

This is trend following

The daily trend follower is flying high and the treshold value rose last friday to 25.04, so keep it close to you, 'cause a correction may be coming. Don't forget this rule: cut your losses (in this case, protect your profits)!

Have a nice trading week.

Thursday, November 4, 2010

Feels good to have a trend follower

Trend following on silver means happiness :)

The SLV ETF has risen another 9.65% after the last buy trigger from last week. And this was after rising 29% after the 24th's August buy signal.

Now, the trend follower is at 24.40, so keep this number in mind, just in case...