Friday, 12 March 2010

First – larger degree trend


Hi Everybody,

As usual, let’s look at the larger degree trend first with the 15min TF (Russell Index) chart. Here we have a nice clear picture of the larger degree (15min) trend being up from the Wave C low, into the DP..........

As such we should have been focusing on the long side for our trades.

Thanks, Steve

PS, we are now on the June (M0) contracts