PURPOSE OF OUR
TIME TOGETHER WITH MODERATOR BARRY:
Help
each other identify the "Trend Continuation
Trade" setup.
When
you see this setup, we invite everyone to post it to the
room.
DEFINITION OF THE
SETUP:
1. 50
SMA angles up/down - only take trades in the direction
of that angle.
2.
Price retraces and at least touches the 15 EMA
3.
The 15 EMA and 20 EMA have space between them
4.
Oscillator has retraced to an extreme (<=10;
>=90).
WHEN YOU SEE THIS
SETUP, POST IT TO THE ROOM -
INCLUDE THE MARKET AND THE TIME FRAME.
The
moderator at that time will analyze the setup and we
will watch it to see if it triggers into a valid trade.
Not
all "setups" trigger into valid trades.
PLEASE ONLY POST
SETUPS FOR THE MARKETS
AND TIME INTERVALS WE WATCH.
Here
are the markets and time intervals we are watching for
this setup:
| Market |
Chart
Configuration |
| DOW |
2
MIN, 9 MIN, 400V, 1800V |
| RUSSELL
2000 |
2
MIN, 9 MIN, 100 TICK, 450 TICK |
| EURO |
2
MIN, 9 MIN, 89 TICK, 400 TICK |
Thank
you for participating!
THIS ROOM WILL
ONLY WORK FOR US IF YOU PARTICIPATE IN POSTING THE
SETUPS SO PLEASE PARTICIPATE.
Don't
worry about being "right" or
"wrong." This setup is ONLY giving us
something to look at to determine whether there MAY be a
trade. The moderator will look at all setups and give
commentary on the possibility of the setup turning into
an actual trade.
We
feel this is the best way to learn as well as to find
trades together.
DURING OUR TRADING
TIME WE WILL FOCUS ON
FINDING THESE SETUPS AND TAKING THE TRADES.
