Political uncertainty vs Trading Profits

Hi Everybody,

As we struggle to come to terms with the chaos that is unfolding in the UK here today with the election results not giving a clear winner, the FTSE has been giving MTPredictor users some nice profits.

As you can see, the TS3 buy that has just unfolded on the 3min FTSE rallied straight to the first projected profit target, where a +4.3R Profit (ignoring slippage and commission) was available.

So even when the Political landscape is uncertain in the UK, MTPredictor users are amassing yet more profits....

Thanks, Steve

Follow all markets

Hi Everybody,

I have said it before, you should follow all 4 US e-minis. This is because you can get a setup on one of them and not the others. A great example is yesterday, where the best trade unfolded on the 3min Russell Index (TF). As you can see, we got a lovely TS3 sell just before the sharp fall yesterday.

Yes, Standard Traders would have come out at the first target, as the STF was weak, but this still banked a very nice +4.2R Profit (ignoring slippage and commission). As I have been saying over the3 last few days, this profit is much larger than the losses (at -1R) and this is what makes a successful trader...

Thanks, Steve

PS, I know you are all looking to catch the whole fall that unfolded yesterday, so let’s take a look in the Advanced Blog.