Monday, February 12, 2007

Enthios play on Friday, ES +3, +6 wow!!

as you can see from this chart Enthios remained in the position and did not reverse as the reversal point was too far away from the 1550.50 VPOC
our position exited the second half too soon and with an incomplete signal
the fast stochastic only crossed the slow stochastic
we should have waited for the fast stochastics to go below 20 and then cross back up through the slow stochastic which was then well below the 35 line

key point - wait for the proper cross of the fast and slow stochastics before exiting trade



http://www.enthios.com/blogs/esblog.htm

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