Hi Everybody,
Yesterday was a good example of how the markets move in cycles. After a narrow range and choppy sideways day on Tuesday, we should have been ready for a day that was likely to produce a big move. And that is just what we got yesterday with the markets collapsing in late trading........ So it was absolutely brilliant that we had a TS1 sell on the 3min ES at 14:54 EDT that had us short just before this sharp decline started !
The only question was whether there were any “other” indications that a continued decline was likely, and therefore to look to “run” this short trade further. Well, if you all take a look at Advanced Blog, you will see my analysis of the 15min Chart. As this set the “larger degree trend to down”, you could have “run” this TS1 short into the close for a massive +10.8R Profit (ignoring slippage and commission)
This is the power of MTPredictor, its ability to keep the losses small and under control, but its ability to help you run trades for huge profits like this.
Thanks, Steve
Yesterday was a good example of how the markets move in cycles. After a narrow range and choppy sideways day on Tuesday, we should have been ready for a day that was likely to produce a big move. And that is just what we got yesterday with the markets collapsing in late trading........ So it was absolutely brilliant that we had a TS1 sell on the 3min ES at 14:54 EDT that had us short just before this sharp decline started !
The only question was whether there were any “other” indications that a continued decline was likely, and therefore to look to “run” this short trade further. Well, if you all take a look at Advanced Blog, you will see my analysis of the 15min Chart. As this set the “larger degree trend to down”, you could have “run” this TS1 short into the close for a massive +10.8R Profit (ignoring slippage and commission)
This is the power of MTPredictor, its ability to keep the losses small and under control, but its ability to help you run trades for huge profits like this.
Thanks, Steve
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