Monday, 2 August 2010

A good day on the e-minis, part 2


As the ES was on the way down to its minor DP support zone, the 3min NQ gave a nice TS3 sell. Notice that the NQ made a “double top” a few bars later so this was not a -1R loss as the first short was never stopped out.

As you can see, the NQ then declined to reach the first project profit target, were profit was taken as the STF was weak, for a very nice +3.2R Profit (ignoring slippage and commission.

This was a completely standard setups and standard trade management.

Thanks, Steve