Hi Everybody.
Wow, isn’t the cyclical nature of trading absolutely amazing. After a few hard days we have now had another brilliant day on the US e-minis. Today I would like to take a look at just one market – the 3min YM as it gave us some amazing setups yesterday.
Let’s start with a TS4 sell, that gave a -1R loss at 12:09EST (yes losses can and do happen, but the trick is keeping them small). This was followed by another TS4 sell at 12:24EST. This one declined nicely until a TS2 buy unfolded at 12:54EST, so time to “stop and reverse”. This banked a nice +3.6R Profit (ignoring slippage and commission).
So far so good............
Steve
Wow, isn’t the cyclical nature of trading absolutely amazing. After a few hard days we have now had another brilliant day on the US e-minis. Today I would like to take a look at just one market – the 3min YM as it gave us some amazing setups yesterday.
Let’s start with a TS4 sell, that gave a -1R loss at 12:09EST (yes losses can and do happen, but the trick is keeping them small). This was followed by another TS4 sell at 12:24EST. This one declined nicely until a TS2 buy unfolded at 12:54EST, so time to “stop and reverse”. This banked a nice +3.6R Profit (ignoring slippage and commission).
So far so good............
Steve
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