Wednesday, 30 June 2010

A good day on Monday


Hi Everybody,

Sorry I am posting the charts and comments for Monday a day late, but it was such a good day, I felt that they should be up.

It was an interesting day on the 3min ES, with a valid DP buy coming in around lunch time. This worked out nicely as the ES rallied into the first profit target, where a +2.4R Profit was available (ignoring slippage and commission)

This was a standard setup as the STF was Black. But the TS4 sell later in the day was “against” a blue STF so had to be avoided. But this was not the case on the NQ, see next post.

Thanks, Steve