TRIN as a Filter

[tombtrader]

Has anyone done any stats on using the TRIN or anything else as a filter for trades on 2 to 5 minute timeframe on eS&P or eRussell? I've seen some quite good trades against the TRIN when there is a reaction to sharp moves.

[Steve Griffiths]

Hi,

Please see today's daily report........... Here I discuss the "slope" of the $TRIN to take set-ups that are against the absolute value of the $TRIN. This is coverd in Part 2 of the Trading Course (A new version is available for download from the members section for current customers).

Please see Chart below for a recent example..............

Thanks and I hope this helps ? :)

Steve

[Steve Griffiths]

Part 2 using the further out profit targets - long into the high of the day :)