I didn't catch this trade as I wasn't able to watch the market late yesterday afternoon.. the perils of other responsibilities.
Anyway, thought I'd post an example of an aggressive swing entry to participate in a rally similar to today's (we will have more, don't worry). Nice example of the EMA cross over's on heavy volume, RSI and %R strength and the MACD crossover occurring 30 minute's before the actual EMA cross (this provide's the interest in the trade, where the EMA cross is the trigger).
Thought's are appreciated. Wanted to provide an example of a trigger for a trade. We can discuss defining risk management on this type trade in the comment's if interested.
That look's similar to a modification of the "Williams Alligator", just different set's of MA's. Also like the 50 length on the %R indicator. I use 30 mostly, but I may slow it even more.
Very similar trigger entry and everything. Because your chart time was shorter, it'd trigger an entry about .15 lower than where mine would. All in the style of the trader - good stuff nmike.