Monday, 30 November 2009

First, the Larger Degree trend


Hi Everybody....

As usual, let’s start by looking at the “larger degree” trend on the 15min ES Chart. This will then set our “position direction” for the actual trades on the shorter-term 3 and 5min Charts.

As you can see, the 15min ES made a low right at DP support on Friday, this then set the trend to up.......

Thanks, Steve