Friday, 4 June 2010

DP nails the high


Hi Everybody,

Normally I suggest just watching the US e-minis from 9:30EST to 16:15EST. BUT, it is always a good idea to “keep an eye on” the 24hr charts as well.

As you will have seen (from the Standard Blog) we had a lovely TS3 sell on the 3min Dax, but just look at this 15min ES chart as well. See how the4 DP nailed the high perfectly, and as such warned you of the decline to follow. And what a decline !!

It still amazes me how well this stuff work, and how it works on a daily basis. In MTPredictor, you have some amazing tools that are able to catch turns in the market as well as this. It is juts up to you whether you make full use of them or not.

Thanks, Steve