As a PS....................
Here is the same TS3 buy setup on the 5min ES chart (that we had on the 3min chart in an earlier post).
As you can see, because the 5min chart uses slightly larger swings this TS3 had its first projected profit target (as outline in my advanced manual analysis earlier) slightly higher than on the 3min chart. And as such would have been nearer +4.4R Profit (ignoring slippage and commission).
Just shows how the Advanced Trader should always keep an eye on all time frames to see how the swings are unfolding...........
Again, MTPredictor gives you the power to do this quickly and easily...
Steve
Here is the same TS3 buy setup on the 5min ES chart (that we had on the 3min chart in an earlier post).
As you can see, because the 5min chart uses slightly larger swings this TS3 had its first projected profit target (as outline in my advanced manual analysis earlier) slightly higher than on the 3min chart. And as such would have been nearer +4.4R Profit (ignoring slippage and commission).
Just shows how the Advanced Trader should always keep an eye on all time frames to see how the swings are unfolding...........
Again, MTPredictor gives you the power to do this quickly and easily...
Steve
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