Wednesday, 6 May 2009

A question on a Buy setup on the Russell


Hi Everybody,

I would like to start today with a question that I received yesterday, it was whether this TS2 buy on the 3min Russell was a good setup to consider. Please see the chart to the right, also click on the chart to enlarge....

So what is the first question we should all ask ourselves ?

Exactly – what is the larger degree trend........ so let’s take a look at the 15min Chart in the next post.

Thanks, Steve