Wednesday 26 January 2011

Hi Everybody,
Yesterdays in the 3min ES we had yet another great example of our MTPredictor high volume (VSA) spike. This nailed the exact low of the day in the ES for you !!

As you can see, the blue (buy bar) came 1 bar after the High Volume (VSA) spike, which unfolded right at our DP support zone. As we can see, this nailed the low of the day. The ES then rallied nicely form there. A perfect example of our high volume (VSA) setup in MTPredictor.

Using the ATRStop would have ran the trade into the close for a nice +4.2R Profit (ignoring slippage and commission).

Thanks, Steve