Massive +11R Profit as the market collapses

Then, later in the day we had a TS4 sell, and YES this was “in the direction of” the new 15min down trend, so should have been taken.

As the ES reached the first target the STF strength band was exceeded so you should have swapped to the ATRStop. Also “knowing” that you were in the direction of the new 15min down trend would have given you added confidence in looking to run this short trade further....

This held the short trade as the ES started to collapse. The ES fell sharply right into the close where a massive +11R Profit (ignoring slippage and commission) was available.

Now do you all see how quickly the markets can put you back into Profit. We had a horrible day on Tuesday with 5 straight -1R losses, and yes, overall it was a losing day. But with only -2.3R loss, do you see how this was still very very small to the massive +11R Profit that market came back with for us the very next day ! This is why I take so much time to teach you how markets really unfold, so you are not disappointed after a hard day, so you do trade the next day when the big profits come though again. This is why MTPredictor is so brilliant, because it keeps the losses small when then come through, but then maximises the profits on the good days for you !

Steve

DP sell nails the high of the day !

First, we had a DP sell on the 3min ES. As we have already seen, this was at 15min DP resistance, so was OK to consider. This actually nailed the very high of the day for you !!

The reason it was market with a triangle was because of the two bars having the same highs. I suggest you review the History Signals video for more info ion this. But the result was a sell from the very bar of the high for a nice +2.4R Profit (ignoring slippage and commission). A nice start to the day.......

Then we had a potential TS4 buy. But the larger degree trend was now down, so this buy was best avoided.

Steve

Amazing !!

Hi Everybody,

Isn’t the Cyclical Nature of Trading absolutely amazing ! After a very hard day on the 3min YM on Tuesday, the markets then come back with an absolutely amazing day on the 3min ES, with some massive profits............ So please read all of the next 3 posts to see MTPredictor in full swing :-)

First, let’s start with the larger degree trend.

As you can see, the ES made a high right at DP resistance, this then set the down trend for the rest of the day............

OK, onto the first 3min Chart....

Steve