Hi Everybody.
Wow, where do I start, Thursday was an absolutely amazing day with profits on so many markets I simply do not have time to cover them all here. But seriously, this is yet again a perfect example of the Cyclical Nature of the markets, because after a quiet start to the week, we now have some brilliant profits coming though.
I would like to start with a perfect TS3 sell on the 3min FTSE, for the European traders among you. There is little for me to add to the chart as this was a standard TS3 trade setup that was managed using the standard trade management guidelines (ATRStop was used as the STF strength band was exceeded).
The result, a very nice +4.4R Profit (ignoring slippage and commission)
This was using the standard trade management guidelines. The Advanced Traders among you could have come out at the low for nearer +6R Profit as the 15min DAX was putting in a very nice ABC low (next post). But even +4.4R Profit using the standard guidelines is a very nice Profit
Thanks, Steve
Wow, where do I start, Thursday was an absolutely amazing day with profits on so many markets I simply do not have time to cover them all here. But seriously, this is yet again a perfect example of the Cyclical Nature of the markets, because after a quiet start to the week, we now have some brilliant profits coming though.
I would like to start with a perfect TS3 sell on the 3min FTSE, for the European traders among you. There is little for me to add to the chart as this was a standard TS3 trade setup that was managed using the standard trade management guidelines (ATRStop was used as the STF strength band was exceeded).
The result, a very nice +4.4R Profit (ignoring slippage and commission)
This was using the standard trade management guidelines. The Advanced Traders among you could have come out at the low for nearer +6R Profit as the 15min DAX was putting in a very nice ABC low (next post). But even +4.4R Profit using the standard guidelines is a very nice Profit
Thanks, Steve
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