Tuesday, 29 September 2009

+6R Profit on the FTSE


For the Standard Traders among you, there was a very nice TS3 buy setup that results in a +6.5R Profit (ignoring slippage and commission) on the 3min FTSE yesterday. This was automatically found and then managed using the Standard setups and standard trade management guidelines.

Yes, there was a -1R loss first, bit this was small when compared to the +6.5R Profit on the second attempt at the low.....

Thanks

Steve