Saturday, February 16, 2008

MACD And Candlestick Case Study - Midas

I received a request to do a case study on MIDAS Holdings. The data that I am using is from 23 Feb 2004 to 15 Feb 2008.

The same trading rules apply. The trades done are shown below:

The result is similar to Ferro China. 6 trades hit the profit target of 10%. There were 4 losses. However, losses were small when compared to the gains.

As a whole, this shorting method is still profitable when applied to MIDAS Holdings.

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