Hi Everybody,
Yesterday was another perfect example of why I want you to all become “more advanced” traders and as such be able to “read” the charts, as you will see in the Advanced Blog, this would have given you another massive +9.9R Profit on the 3min NQ yesterday, making back to back +10R Profits over the last two days using Advanced Analysis............... This is the true power of MTPredictor and why, once you understand how to use it properly, you will see how it is one of the most powerful software programs around.....
But I do understands that many of you need to learn to walk before you can run, so let’s take a look at just the standard setups on the 3min ES yesterday, which was a hard day.
As you can see, there were two sells early in the day, the first was a -1R loss, but on the second, can you see how the STF turned red just after the long trade was entered, this was a sign to either get out or move stops closer.
Then we had a TS2 sell, that would have been a -1R loss or break-even depending on whether you used the 100% initial risk guideline. But it is the TS3 later on that interested me most. Mainly because it did reach the minor DP where a small profit was available, especially as other markets (as we will see on the Advanced Blog) were making brilliant buy setups.
So a tricky day, but then the Advanced Analysis kicked in with some perfect trades, please see the Advanced Blog.
Thanks, Steve
Yesterday was another perfect example of why I want you to all become “more advanced” traders and as such be able to “read” the charts, as you will see in the Advanced Blog, this would have given you another massive +9.9R Profit on the 3min NQ yesterday, making back to back +10R Profits over the last two days using Advanced Analysis............... This is the true power of MTPredictor and why, once you understand how to use it properly, you will see how it is one of the most powerful software programs around.....
But I do understands that many of you need to learn to walk before you can run, so let’s take a look at just the standard setups on the 3min ES yesterday, which was a hard day.
As you can see, there were two sells early in the day, the first was a -1R loss, but on the second, can you see how the STF turned red just after the long trade was entered, this was a sign to either get out or move stops closer.
Then we had a TS2 sell, that would have been a -1R loss or break-even depending on whether you used the 100% initial risk guideline. But it is the TS3 later on that interested me most. Mainly because it did reach the minor DP where a small profit was available, especially as other markets (as we will see on the Advanced Blog) were making brilliant buy setups.
So a tricky day, but then the Advanced Analysis kicked in with some perfect trades, please see the Advanced Blog.
Thanks, Steve
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