And for the Advanced Traders ............ following up on the 3min ES short shown in the post below.
The trade management for the Advanced Traders among you would have been more aggressive as the ES 3min short declined into the Extended Wave 3 WPT. Very few Wave 3's go past this, so you knew the decline was nearing an end.Combine this with the position at the same time on the YM, that had reached the DP support zone, as it was a good idea to move stops closer and as such to lock in nearer +5R Profit on this short...........
A very nice result As you cam see, the more experienced Advanced Traders could use the more advanced tools in MTP to increase their profit on this trade..........
But either way, a nice day yesterday
Steve
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