3min YM

OK, now we know that the TS3 buy outlined in the post below was one to be avoided, let’s look at the rest of the day on the 3min YM. I have deliberately chosen to look at the YM because it had some losing trades in, and just to keep all the moaners quiet I will (yet again) talk about losing trades. There are very few Gurus who go out of their way to talk about losses and deliberately choose bad examples to show. This just shows how we are different here at MTPredictor and how we talk about the “good the bad and the ugly” of trading, in others words – the “real” world of trading.

So overall there were three trades, two -1R losses and one +5.6R Profit (ignoring the later TS3 sell because if symmetry reasons, as outlined in the post below), making it a good day overall on the 3min YM.

This is why we have included the history signals in the new MTPv6.5, so you can see all the trades generated. As you all know, I do not suggest blindly taking “all” the trades, you have to filer them using the larger degree trend and pattern (if they look really unsymmetrical).........

Thanks, Steve