3min NQ – DP Buy

But the NQ did not stop there.............

Later in the day, a DP buy appeared. As the larger degree trend was unsure, caution should have been used on this setup. This means skipping for newer traders, or for the more Advanced Traders among you, moving the stop to break-even quicker than normal.

But the end result was good, with a nice +2R Profit (ignoring slippage and commission) as the ATRStop was used for trade management.

Thanks, Steve

3min NQ – TS4 sell

3min NQ – TS4 sell

After a quiet day on Tuesday it was nice to see the US minis give us some good trades yesterday. But then as you all know about the Cyclical Nature of Trading, this should come as no surprise to any of you

The 3min NQ was the star of the day yesterday staring with a nice TS4 sell early in the day. The NQ declined from this TS4 high to new lows. Standard trade management meant that the ATRStop was used once the STF strength band was exceeded. The result was a nice +4.2R Profit (ignoring slippage and commission)

A good start to the day :-)

Thanks, Steve