Hi Everybody,
Even after what I said yesterday on the standard setups, true to fashion, and in line with the Cyclical Nature of Trading, the standard and automatic setups had a good day yesterday.
As the STF was blue, Standard Traders should have been looking for buy (not sell) setups. And we got a lovely DP buy on the 3min ES that nailed the low of the day ! The ES rallied nicely to the first target where +2R Profit (ignoring slippage and commission) was available.
But this was not all, as we will see in the next post
Thanks, Steve
Even after what I said yesterday on the standard setups, true to fashion, and in line with the Cyclical Nature of Trading, the standard and automatic setups had a good day yesterday.
As the STF was blue, Standard Traders should have been looking for buy (not sell) setups. And we got a lovely DP buy on the 3min ES that nailed the low of the day ! The ES rallied nicely to the first target where +2R Profit (ignoring slippage and commission) was available.
But this was not all, as we will see in the next post
Thanks, Steve
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