Michael - personally I find that RSX is fast and very reactive,
so I like to see that turn green for longs, red for shorts. But of
course for a really good trade I need to see divergence in that
MACD Advanced and for it to start turning up.
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setup
ES 233 futures - watching for a bounce
Posted by Michael on 6th of Jun 2010 at 10:24 pm
matt -- what's your criteria for taking profit on those divergence setups? How many indicators going red?
Michael - personally I find
Posted by matt on 6th of Jun 2010 at 10:52 pm
Michael - personally I find that RSX is fast and very reactive, so I like to see that turn green for longs, red for shorts. But of course for a really good trade I need to see divergence in that MACD Advanced and for it to start turning up.