Back again for lunch. Wish I could have traded this today. I have harped on about not just looking at the Higher time frames and I know that there are those of you among us who consider lower time frames the "Devils Spawn" but look at what you could have been forewarned about if you had just glanced every now and then at a lower time frame, and that entry at the beginning of the day, I would kill for entries like that. Using divergence could have almost predicted every turn of today´s market. I have never understood why some traders want to wear dark glasses on a cloudy day.
Ignore the macd at the bottom it is something I am trying out for my umbrella trades.
Ignore the macd at the bottom it is something I am trying out for my umbrella trades.
Cut your Losers short and let your Winners run.