This is a good example of why I say to follow all 4 e-minis, because they do unfold differently. So with -2R on the 3min ES, this +2.2R Profit (ignoring slippage and commission) on the 3min Russell was welcome.
As you can see, the TS1 sell was “in line” with a red STF so was a Standard setup. Even at the first target, this was a nice +2.2R Profit (ignoring slippage and commission). Yes, there was a -1R loss earlier, but that still makes +1.1R Profit on the day for the 3min Russell. +1.2R helps offset the -2R from the ES, making yesterday only a slightly down day.
Thanks, Steve
PS, But the Advanced Traders among you should have spotted another lovely trade on the ES. Please see the Advanced Blog.
As you can see, the TS1 sell was “in line” with a red STF so was a Standard setup. Even at the first target, this was a nice +2.2R Profit (ignoring slippage and commission). Yes, there was a -1R loss earlier, but that still makes +1.1R Profit on the day for the 3min Russell. +1.2R helps offset the -2R from the ES, making yesterday only a slightly down day.
Thanks, Steve
PS, But the Advanced Traders among you should have spotted another lovely trade on the ES. Please see the Advanced Blog.
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