Now for the Advanced Traders

As usual, the more Advanced Traders among you could have squeezed some more profit out of that YM short – how ?

Well, as you can see, the YM declined into an area where it was at two WPT support zones, one from the original TS3 sell, and one from the swings since then. Also, the YM made a high volume expansion bar into this double support zone. This is normally an indication off a “blow off” and that a move is nearing an end.

Will all this happening “and” you are sitting on +10R Profit (ignoring slippage and commission), what do you think the sensible course of action is – exactly, look to tighten your stop to lock in this huge profit.....

Thanks, Steve

Cyclical Nature if Trading

Hi Everybody

Isn’t the Cyclical Nature if Trading amazing ! Just as I said yesterday, were we were “overdue” for a good trade, and then look what came along on the 3min YM yesterday. A perfect TS3 sell setup that made +7R Profit (ignoring slippage and commission) and all using the standard trade management guidelines of swapping to the ATRStop after the STF strength band was exceeded...........

Now do you all see why Patience and Discipline is needed to get you though the harder times so you are ready to make the most of brilliant trades like this !

Thanks, Steve