Hubert Senters laid out a very simple & effective trading setup in his video last night so I thought I’d share.

Here’s the link to the video:
http://clicks.aweber.com/z/ct/?2P0g5vqIWnGjDv2GoYKdMw

Basically the setup entails waiting for a $TICK reading of -1000 during a time when the Put/Call Ratio is above 1.00. This is the buy setup. Works well on the Dow Mini (YM) with a 10 point stop. Just one little trick you might try adding to your aresnal.

If you aren’t already using the $TICK to aid decisions, I’d recommend starting. It takes up very little space & provides a wealth of info.