Hi Everybody,
Last week I reminded you all not to forget the 5min Charts, as there are often some very good setups on this time frame. Another brilliant example was on the 5min Russell Index on Friday. But before we start, as usual, let’s take a look at the 15min Charts to see the “larger degree” trend....
As you can see, there was a TS1 sell about midday on the 15min Russell, this set a high off which a decline should follow. As such you should have been looking for sells on the shorter-term, 3 and 5min Charts.
So with this in mind, let’s take a look at the 5min Russell in the next post
Thanks, Steve
Last week I reminded you all not to forget the 5min Charts, as there are often some very good setups on this time frame. Another brilliant example was on the 5min Russell Index on Friday. But before we start, as usual, let’s take a look at the 15min Charts to see the “larger degree” trend....
As you can see, there was a TS1 sell about midday on the 15min Russell, this set a high off which a decline should follow. As such you should have been looking for sells on the shorter-term, 3 and 5min Charts.
So with this in mind, let’s take a look at the 5min Russell in the next post
Thanks, Steve
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