Thursday, 30 April 2009


Now a question ?

Here is a DP sell that is just staring to unfold on this same 3min FTSE chart. BUT (as I have already said in the post below), the 15min Chart is up, and we are not at a nice clear 15min DP resistance zone. So should you consider taking this DP sell or not ?

Hopefully you should all say No to this question. As such, this has been a good example of how to screen your automatic setups so that they fall “in the direction of” the larger degree trend.

Thanks, Steve