The NY session with E/Y definately coorelates to the S&P/Dow futures. Check it out and run the charts side by side.
What was really lame about that trade earlier was I was stopped out at the top, but I took the system mechanically as stochastics was rising.
The 3rd entry was 2.5x the 2nd entry allowing me to profit immediately as stochastics was turned down and we were bouncing off resistance.
1. Stopped out -5
2. Profit1 was taken at 18, for a +23,
3. Profit2 was taken at 31 for a -21, but averaged out was a +1
It's complicated, but I was able to make money, a little over 1%.
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