Hi Everybody,
I know a lot of you only follow the ES or YM, but this is a good example of why you should follow all 4 of the US e-minis. As you can see the Russell Index (TF) gave a nice TS4 sell just after the open, which went onto reach the first projected profit target. At that point the STF was strong (beyond its strength band) so standard traders would have swapped to the ATRStop.
The result was a nice +3.7R Profit (ignoring slippage and commission).
This is why I suggest following all 4 e-minis because sometimes a trade will appear on one of them and not on the others, like this example on the TF.
Thanks, Steve
I know a lot of you only follow the ES or YM, but this is a good example of why you should follow all 4 of the US e-minis. As you can see the Russell Index (TF) gave a nice TS4 sell just after the open, which went onto reach the first projected profit target. At that point the STF was strong (beyond its strength band) so standard traders would have swapped to the ATRStop.
The result was a nice +3.7R Profit (ignoring slippage and commission).
This is why I suggest following all 4 e-minis because sometimes a trade will appear on one of them and not on the others, like this example on the TF.
Thanks, Steve
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