A common question I often hear while introducing people to Advanced GET is, "Does this work for daytrading?" The answer to this is an overwhelming YES! Over the next few days, I'll post some of the trades I have taken from the intraday time frame using Advanced GET.
This a Type II Buy trade that popped up on Friday morning of last week. As we can see, we have clear divergence in the GET Oscillator, a Wave 5 to the downside and a nice MOB we can use as support. With these various elements coming together, the Dow Jones eMinin Futures gave a nice opportunity to go long on a otherwise pretty miserable day.
Trade Smart....
~Duane Gott
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