Tuesday, 11 May 2010

Why you need to follow more than 1 market


Hi Everybody,

Yesterday was a great example of why it is important to followed all the 4 US e-minis, because you can get additional information on one of the other markets as well as additional trades. Let’s take a look at an example

If you look at the 3min ES on the face of it, it was not a good day, with a -1R loss, which was followed by two break-even trades. But overall, it would have been a hard day..............

But, let’s take a look at the 3min YM in the next post

Thanks, Steve

PS. Then in the Advanced Blog, we will see how the Advanced Trader could have considered that lovely TS1 sell, even though it was “against” the STF colour