Tuesday, February 26, 2013

It's all about Tactics

Once you have a strategic view, everything else with regard to entries, exits and risk is about tactics, this is why I might like a position today, but not tomorrow if you aren't already in.

Here's the market pullback I was hoping to see...
 QQQ 1 min with a simple Rate of Chance indicator...

The larger picture on a 5 min chart.

You'd be surprised how you can make most indicators much more effective by applying ROC to them.

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