ProfLogic's Method

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Quote from Wi!s0n:

Would you approve of the divergence here at this double bottom? Also I assume you could use the 343 to refine your entry?

If you are using the 16807 for your Decision Chart then that is an ok Trade but notice that every other chart is setting up shorts . . . including your Enty 2401 (if trading a faster time frame).
 
Quote from mephistoII:

A quick and dirty 3 pointer. If rules were broken, please speak up :>)

Yeah your exit wasn't according to the rules. It only made a 1-2 tic difference in this case. Of course the market could have dropped another 673.75 points before the 343 ERG turned blue, in which case you'd have been very pissed off. :p

JW
 
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