Tuesday, 9 February 2010

As usual – larger degree trend first


Hi Everybody,

As usual, let’s look at the “larger degree trend” first to get the direction for the actual trade entries. As you can see, we had a TS2 sell on the 15min ES, we also had a TS3 sell on the 15min TF (not shown), so this set the trend to down.

As usual, we now move down to the shorter, 3 and 5min charts for the actual trade entries

Thanks

Steve