Gotcha, I keep missing the opening hour. (PST) I definitely see the early mornings as where the game should be played.
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We got a breakout below support at 808 but notice that while the price made a lower low that the macd did not. there is a clear trendline accross the top of todays highs. I have resistance about 808.5 which could be a reversal point. anybody know when these fed speeches are scheduled today?
a beautiful little T28 trade from 808.5 now we're right back to yesterdays close. anybody out there? Hey Snarly hey BB!
Anyone still using T28's method on the YM? How's the long term profitability been for you guys? What kind of expectancy can one use for targets?
Except that it wasn't a classic, first class, 5 star, nearly riskless T28 set up since the 10 min MACD was way below the zero line. J
This is all I said about the 10 min in my very first post "If the 10 minute MACD is below it's Zero Line (as it has been all day) then so much the better for the shorts on the 2 minute" It's not a deal breaker when taking a trade, it's more about shooting for more if supported or less if not