On May 11, 2015, we received a bullish Kijun Cross Strategy for the 60m of the GDX stock, Market Vectors Gold Miners ETF. Here is the email alert:
The Kijun Sen cross strategy is a counter trend strategy with limited profits. As a result, we are going to setup a pull back trade on 60m with a target. The entry is 19.82, initial stop of 19.72, and a target of 20.27. The min. risk is 0.10 and a reward of 0.45. This is a 4:1 reward/risk. Here is the chart setup:
The trade was triggered and exited at the target.
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