STF on QQQQ

[Steve Griffiths]

Hi Everybody,

Here is a good example of how easy the new (v2) of the STF is to use. Simply use the colour blue for bullish, black for neutral, and red for bearish. Easy isn't it :)

Here the STF was blue adding weight to the recent TS3 buy set-up.

Thanks

Steve

[richr4ever]

Steve:

Black for neutral, means sideway market? market in no direction?

[Steve Griffiths]

Yep, so you can take either buys or sells..... no overall strong larger degree trend....

Steve

[Steve Griffiths]

Well what a sharp reversal today............:(

With the initial rally early today (into the 2-3 profit zone) you should at least had your protective stop at break-even. This would have helped prevent a loss here........ As we all know, not all trades are profitable and losses can and do happen in the real world, so avoiding one with a break-even trade is a good result....

Steve