Thursday 8 July 2010

3min ES.


Hi Everybody,

It was a fairly quiet day on the 3min ES for the Standard Traders among you. As the STF was blue, you should have only been looking for buy setups (no sells), and we did get a nice TS4 buy later in the day.

As the STF was weak, profits were taken at the WPT target for a nice +2.1R Profit (ignoring slippage and commission).

Now, we all know that the market actually went much higher, so could you have caught that rally ? Let’s take a look in the Advanced Blog.

Thanks, Steve