Thursday 25 February 2010

Larger degree trend – example 1


Hi Everybody,

Here is a perfect example, of when you should NOT take an automatic setup.

As you can see, the 15min trend on the Dax this morning was UP from a DP low, into a DP high.................. So when the “larger degree” tend is up, what should you do if you get a short term (3 and 5min) automatic sell ?

Steve