DP sell nails the high of the day !

As an Advanced Trader, I always like to look at Advanced trades as well, because that is where the true power of the software is and to be honest I still find it amazing how good MTPredictor can be at times, so wouldn’t it have been nice to be able to catch the high of the day as well !

Well, as you can see, we did have a DP sell at the high of the day. What I like about this was that although the STF was red it was on stochastic divergence and also on a high volume (VSA) bar. The only thing that I also look for is “larger degree support or resistance”, so let’s take a look in the Advanced Blog for this.

As you can see, the YM decline nicely off this high for a possible +5.7R Profit (ignoring slippage and commission) as the TS4 buy came in......

So here we are with MTPredictor nailing both the high and low of the day for you – now I find that absolutely amazing !!

Thanks, Steve

TS4 buy nails the low of the day !

Hi Everybody.

What an amazing day on the YM yesterday !!

I will start by looking at the TS4 buy setups, as that was completely standard, as it was on a blue STF. The only question was when the TS2 sell arrive a little while later, but as the STF was still blue at this time, this should have been ignored. As such, the TS4 long should have been held into the close for a very nice +3.8R Profit (ignoring slippage and commission).....

Plus (for the Advanced users among you), this TS4 buy was also on a lovely high volume (VSA) spike as well ................

What a lovely trade...........

Thanks, Steve