3min FTSE short

Hi Everybody,

A nice TS3 sell this morning on the 3min FTSE that netted +3.2R Profit (ignoring slippage and commission).

Nice to see the European traders among you getting in on the act as well :)

Thanks

Steve

15min Trend up, so looking for Buys

OK, now we know that the 15min trend was up we should have been looking for buy setups, and that is exactly what we got on the 3min YM chart.

The YM then rallied nicely to reach the first projected profit target later in the day. Profit was taken here as the STF was weak, as per the standard trade management guidelines. The result was a very nice +6.4R Profit (ignoring slippage and commission)

A beautiful example of a standard and automatic MTPredictor trade :)

Steve

Larger degree trend on the 15min Chart

Hi Everybody,

As usual, let’s start by looking at the larger degree trend on the 15min chart. As you can see, the 15min YM was clearly up throughout yesterday so we should have been on the lookout for long trades.......

So now let’s move down to the 3 and 5min Charts to see what setups there were

Steve