Thursday, 20 August 2009

Well I did say :-)

Hi Everybody,

Well just yesterday I did say that we were overdue for a good day on the US e-minis, and the 3min NQ gave us just that.

To start with I would like to look at the TS3 buy that unfolded late morning. As you can see, this got you long just before a sharp rally. As the STF has exceeded its strength band, the ATRStop was used for trade management. The result was a massive +9.8R Profit (ignoring slippage and commission). What a brilliant trade and shows how amazing the Cyclical Nature of Trading is, and why after a few quiet days we then get such a massive profit like this.

I hope you were all ready and as such made the most of this one :-)

Thanks

Steve