+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

The DP continuation trade

Hi Everybody,

As the name suggestion the Decision Point is a point where the market makes a “decision”, sometimes it is a reversal, but sometime it is a continuation. But the nice thing is that when it is a continuation we very often get a chance to enter a trade with a small controlled risk. Yesterday was a perfect example of this on the 3min ES.

Yes, this is a more Advanced setup but it is covers in detail in the Trading Course, so I suggest you all re-read that part to make sure you don’t miss out on great setups like this +5R Profit (ignoring slippage and commission) on the 3min ES from yesterday

Thanks

Steve