Friday 10 September 2010

A good day for the US e-minis - Part 2


But it was when this DP buy came in later in the day on the 3min NQ, which added a nice +2.6R Profit (ignoring slippage and commission), that the day started to look good.

Again, this DP buy was a standard setup as it unfolded on a black STF (Dec contract, with eSignal data), and the hit the initial target with a weak STF.

Thanks, Steve

A good day for the US e-minis - Part 1


Hi Everybody,

After a quiet day on Wednesday, yesterday was a good day. Let’s start by looking at the 3min YM. But first, I hope you all remembered to move forward to the Dec contracts yesterday, as they are now the “front month”.

On the 3min YM, you had to wait until late in the day for the TS2 sell, that gave you the best profit of the day. This was a standard setup, on a red STF. Although the Profit was small at +2.4R (ignoring slippage and commission), it more than made up for the -1R loss earlier in the day.

Thanks, Steve