
This blog is geared towards improving my trading knowledge and recording my trades. I am not licensed to give financial advice. Trade at your own risk. It is your fault for losing in this money game.
Wednesday, February 3, 2010
/ES short entry
With this trade i also decided to use a MACD histogram cross for the STF if the MA's have already crossed. Any general trend-change crossover should work.All the TF's looked pretty good. LTF- indicators strong,price at 20 MA, MTF- long legged doji, high volume, histogram strong, stochastics overbought, falling resistance TL, STF- histogram crossed on 1m.

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