Something amazing

Hi Everybody,

Now do you want to see something absolutely amazing ?

As we have already see, the larger degree trend was up, so one “Advanced technique” I have talked about is to use the DP for a trade off a “fake out” shortly after the open.... Well, this nailed the very low of the day on the 3min YM for you............ The target was the higher DP.

When the YM got there, the STF was strong, so the long trade was swapped to the ATRStop, this held the long trade into the close for a massive +9.6R Profit (ignoring slippage and commission)

Yes, this is an Advanced trade, and no it did not use any of the automatic setups, but what an amazing trade, long from the low of the day to hold a long all day to come out at the high for such a huge profit. These are the kind of trades that are possible with the tools you have in MTPredictor. The only question is whether you are using them ?

Thanks, Steve

Now – shorter term for the trades

OK, now we know that the larger degree trend was up, on the 15min chart, we can focus on any buy setups.

The 3min TF (Russell Index) was a good example, with this good looking TS4 buy around lunch time. The Russell then rallied nicely to reach the first project profit target, where the STF was strong. So standard trades would have swapped to the ATRStop, which held the long trade into the close.

The result, a nice +6.4R Profit (ignoring slippage and commission)

Even with a small (-1R) loss on other markets - for example the YM. The +6.4R Profit here was much larger. This is what makes money over time - small losses and big Profits, and yesterday was a great example of this....

Thanks, Steve

PS, we are now on the June (M0) contracts

First – larger degree trend

Hi Everybody,

As usual, let’s look at the larger degree trend first with the 15min TF (Russell Index) chart. Here we have a nice clear picture of the larger degree (15min) trend being up from the Wave C low, into the DP..........

As such we should have been focusing on the long side for our trades.

Thanks, Steve

PS, we are now on the June (M0) contracts