The end result

WOW, what a brilliant trade....................... as you can see, the DAX c9ontinued to rally strongly. Trade management was using the ATRStop, which resulted in a massive +8.4R Profit (ignoring slippage and commission)

A brilliant example of what is possible with the tools in MTPredictor :)

Steve

The trade entry

OK, now we have seen how the 15min FTSE was making a low at 15min DP support, so where was the trade entry.

Well, just lok at the 3min DAX chart, where you can see how the Dax was making a high vol (VSA) bar right at DP support. This combined with the “larger degree” support on the 15min FTSE gave the perfect long trade entry.

Amazing !

Thanks

Steve

FTSE – follow up

And here the amazing part, just look what the FTSE has done since my last post earlier this morning ............

See how the DP nailed the low perfectly ! and the FTSE has rallied strongly since............ This is the power of MTPredictor :)

Thanks

Steve

15min DP sell on the FTSE

It was the Martin Luther King holiday in the USA yesterday, so US markets were quiet, so let’s take a look at what has been happening in Europe. For example, a lovely DP sell on a 15min FTSE Chart

Notice how there was a -1R loss first, but this loss was kept small and under control. Then the second triangle was invalidate before it was filled, so no trade, then the DP sell that nailed the very bar of the high.

We have dropped straight through the initial DP target and are now at the lower DP target where +7.8R Profit (ignoring slippage and commission) is currently available.

Thanks, Steve