moshpit monday - banging heads and fat fingers, page-60

Wink, Thanks for your support and guidance to a novice like me. I've been using MACD with timeframes, daily, 15min, and 5 as my key views, and with an eye of 21, 55 and 200 EMA's.

Both Daily and Weekly trends are short, hence given my triple screen rules, I am looking at adding to SHORT positions. Critical resistance to me is 4594 - but i'm using wide stops to catch more of the trend...IE 60pips on XJO. Got nearly stopped out last night, but had a counter renetry at 4600.

I think today, we will see the last bullish run, and I'll either pick the turn or wait for it to reentrer at 4540 SHORT.

Also, am reading ur PDF file and see where I can improve my setups

Cheers
B