OK, now onto a perfect (and standard) TS3 sell that unfolded later in the day.
As you can see, this nailed the end of the Wave C correction just before a continued decline. The STF strength band was exceeded so we swap to the ATR Stop. The result was a nice +5.9R Profit (ignoring slippage and commission).
As this was a standard and automatic setup with the standard trade management guidelines, all MTPredictor users should have caught this one :-)
Thanks
Steve
As you can see, this nailed the end of the Wave C correction just before a continued decline. The STF strength band was exceeded so we swap to the ATR Stop. The result was a nice +5.9R Profit (ignoring slippage and commission).
As this was a standard and automatic setup with the standard trade management guidelines, all MTPredictor users should have caught this one :-)
Thanks
Steve
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