Hi Everybody,
Friday was an absolutely amazing day on the 3min YM, both for Standard and Advanced Traders..... But let’s start with the automatic DP sell just after the open. As the STF was black this was a standard sell setup. The 3min YM declined into the first profit target where the STF was strong, so we should have looked to “run” this short trade, rather than thinking of “stopping and reversing” as two potential buys came in.
The ATRStop held this short as the YM continued to decline for a very nice +4.2R Profit (ignoring slippage and commission).
A good start to the day, but this was only the start, you will be amazed how well MTPredictor does by the end of the day !
Thanks, Steve
Friday was an absolutely amazing day on the 3min YM, both for Standard and Advanced Traders..... But let’s start with the automatic DP sell just after the open. As the STF was black this was a standard sell setup. The 3min YM declined into the first profit target where the STF was strong, so we should have looked to “run” this short trade, rather than thinking of “stopping and reversing” as two potential buys came in.
The ATRStop held this short as the YM continued to decline for a very nice +4.2R Profit (ignoring slippage and commission).
A good start to the day, but this was only the start, you will be amazed how well MTPredictor does by the end of the day !
Thanks, Steve
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