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Qone0

01/07/11 1:41 PM

#10253 RE: TREND1 #10252

I've been trying to blend the 5 min with the 60 min chart for entry.

I have been waiting for the MACD to cycle back down after the signal to enter. Because it's always high when you get the signal on the 60.

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LisaAu

01/07/11 1:55 PM

#10256 RE: TREND1 #10252

Those TNA 60 min candles at 1100 and 1200 (NYT) are pretty scary, but do they represent exhaustion?

The most recent candle, 1300, is favorable for a possible market bounce.

We shall see.