Friday, 20 November 2009

Massive +22R Profit on the 3min DAX


Hi Everybody,

What a day for the European Traders among you............

As you can see, the 3min DAX gave us a DP sell that nailed the high of the day for you ! But that is not the amazing bit, the Dax then collapsed from there. The STF was string so Standard Traders swapped to the ATRStop. This held you short as the fall continued........

The only thing I would say, is once you get wide range bars down (on high volume) “and” you are sitting on such a massive Profit (+22R) then the sensible course of action is to look to lock this in. As you can see, this was then stopped our for a massive +22R Profit (ignoring slippage and commission) !!

Yes such massive trades like this do occur, and yes MTPredictor does catch them........... the question is, did you :-)

Steve