Friday, 30 October 2009

3min Chart of the Russell Index


The 3min Russell Index also got in on the act a bit later with a good looking TS4 buy setup. The Russell rallied nicely off this to reach the first project profit target where a nice +2.9R Profit (ignoring slippage and commission) was available.

Do you all see now how the larger degree trend was up (on the 15min Charts) so you should have avoided the sells and only taken the buy. The result was approx +5R Profit over the YM and TF buys. Compare this +5R Profit to the potential -0.4R loss the day before and now do you all see how MTPredictor does such a great job of keeping your losses small and Profits large. This is the key to long term success in this industry

Thanks, Steve