Hi Everybody,
I still find it amazing how different the individual e-minis (ES, NQ, YM and TF) move. You would have thought that they all move together but they don’t, there are differences. A great example is on the 3min Russell Index from yesterday, where we had a massive +8R Profit (ignoring slippage and commission) which did not unfold on the other e-minis. This is why I suggest that you need to look at all 4 of the US e-minis, as you can get a setup on one market that is not the same as on another.
Either way, the TS3 sell on the Russell was completely standard (red STF) as well as the trade management (STF weak, so take profits at the WPT target), so was a very nice Profit indeed.......
Thanks, Steve
I still find it amazing how different the individual e-minis (ES, NQ, YM and TF) move. You would have thought that they all move together but they don’t, there are differences. A great example is on the 3min Russell Index from yesterday, where we had a massive +8R Profit (ignoring slippage and commission) which did not unfold on the other e-minis. This is why I suggest that you need to look at all 4 of the US e-minis, as you can get a setup on one market that is not the same as on another.
Either way, the TS3 sell on the Russell was completely standard (red STF) as well as the trade management (STF weak, so take profits at the WPT target), so was a very nice Profit indeed.......
Thanks, Steve
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