One for the European Traders...

Hi Everybody,

A nice TS4 buy (using IQFeed data) this morning on the 3min FTSE. Notice how the DP target nailed the high perfectly. Standard Traders among you would have swapped to the ATRStop as the STF strength band was exceeded. This gave a nice +3.3R Profit (ignoring slippage and commission).

Notice how the loss earlier was kept small. -1R is a lot less than the +3.3R made on the Profit, small losses and large Profits, that is the key to successful trading.......

Thanks, Steve