Tuesday 2 February 2010

Manual DP trade on the FTSE

Hi Everybody,

Here is a great example of what the more advanced and experienced traders among you can achieve with the software.

Here the 3min FTSE made the low of the day at DP support. Trade entry was as the high of the blue (buy) reversal bar was exceeded. The FTSE then rallied nicely and the trade was managed using the ATRStop.

The Result was a very nice +5.9R Profit (ignoring slippage and commission), and shows you what you can achieve with the software once you move beyond just the standard and automatic routines. MTPredictor is so so much more !

Thanks, Steve