Hi Everybody,
What a brilliant day yesterday, and a perfect example of why you all need to understand the Cyclical Nature of Trading. After a few harder days (where we had a number of losses but the profits were large to made us small profits overall), along comes some brilliant setups yesterday.
Today I would like to look at the 3min NQ, using the new MTP RT add-ons for NinjaTrader7, starting with the perfect TS3 sell around mid morning. As you can see, the NQ declined to the first projected profit target nicely, where +4.3R Profit (ignoring slippage and commission) was available.
What a brilliant trade, but the day did not stop there, so skip over to the Advanced Blog, where things then get really amazing !
Thanks, Steve
What a brilliant day yesterday, and a perfect example of why you all need to understand the Cyclical Nature of Trading. After a few harder days (where we had a number of losses but the profits were large to made us small profits overall), along comes some brilliant setups yesterday.
Today I would like to look at the 3min NQ, using the new MTP RT add-ons for NinjaTrader7, starting with the perfect TS3 sell around mid morning. As you can see, the NQ declined to the first projected profit target nicely, where +4.3R Profit (ignoring slippage and commission) was available.
What a brilliant trade, but the day did not stop there, so skip over to the Advanced Blog, where things then get really amazing !
Thanks, Steve
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