Hi Everybody,
Here is a good example of an Advanced Trade setup (for the Advanced Traders only, as the TS3 buy was against a red STF) that unfolded on the 3min ES yesterday (Monday April 13th).
As you can see, the ES rallied nicely to reach the first projected profit targets. There was also DP resistance in this area as well. As the STF was weak at this time, it would have been a good idea to look to bank the +3.9R Profit at that time.
Yes the markets did rally higher later in the day, but “at that time” the sensible course of action would have been to bank the good +3.9R Profit.
Thanks
Steve
Here is a good example of an Advanced Trade setup (for the Advanced Traders only, as the TS3 buy was against a red STF) that unfolded on the 3min ES yesterday (Monday April 13th).
As you can see, the ES rallied nicely to reach the first projected profit targets. There was also DP resistance in this area as well. As the STF was weak at this time, it would have been a good idea to look to bank the +3.9R Profit at that time.
Yes the markets did rally higher later in the day, but “at that time” the sensible course of action would have been to bank the good +3.9R Profit.
Thanks
Steve
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