Tuesday, 2 June 2009

FTSE 3min chart - question


Wow, this FTSE has been an excellent educational example today, with some perfect setups earlier, but now I ask you this question, see chart – “Should you consider TS3 sells on the 3min Chart, when the 15min Chart is UP off the Wave 5 low” ?

I hope you all know the answer to this one already :-)

Exactly – the answer would be no, as they would be against the larger degree 15min chart

Wow, what a brilliant series of education posts on the FTSE today. I hope you have all learnt from them

Thanks, Steve