Friday, 22 May 2009

TS3 sell on the 5min YM


Hi Everybody

I received a few questions recently on what to do when the first target is a long way off and there are “other reasons” (15min Chart) that you suspect a move may be nearing an end, even though it has not reached the first target.

A good example is on the 5min YM yesterday where we had a TS3 sell, see chart to the right.

Steve