3min YM – TS3 sell later in the day

For the Standard Traders among you....

I know not all of you are Advanced Traders, so let’s take a look at the 3min YM that gave a Standard TS3 sell signal on the 13:36EST bar, which was filled on the 13:42EST bar.

The YM then declined into the first projected profit target nicely where the trade would have been stopped out for a very nice +4.6R Profit (ignoring slippage and commission), using the stranded trade management guidelines.

So this was a perfect standard trade setup using the standard trade management guidelines...

Thanks, Steve