Hi Everybody,
As I said below, there were so many good trades yesterday it has been hard deciding which one to talk about today. The one that interested me the most was the DP buy on the 3min NQ. The reason I liked this was that it came just after the open so was also one of our “Gap Open” plays as well.
The STF strength band was quickly exceeded so the trade management swapped to the ATRStop, which held the long as the rally continued, eventually stopping out the trade for a nice +6.5R Profit (ignoring slippage and commission)....
But do you all see what has happened here, we had a few hard and quieter days earlier in the week, but now we have come back to some brilliant and massive Profits. This came on the back of some massive profitable days last week. This is just the natural Cyclical nature of the markets. We all need the patience and discipline to sit though the hard days, because the good days will come round. So I hope me talking about this day after day, and showing you the cycle day after day has helped you understand how markets really unfold in the Real World !
Thanks, Steve
As I said below, there were so many good trades yesterday it has been hard deciding which one to talk about today. The one that interested me the most was the DP buy on the 3min NQ. The reason I liked this was that it came just after the open so was also one of our “Gap Open” plays as well.
The STF strength band was quickly exceeded so the trade management swapped to the ATRStop, which held the long as the rally continued, eventually stopping out the trade for a nice +6.5R Profit (ignoring slippage and commission)....
But do you all see what has happened here, we had a few hard and quieter days earlier in the week, but now we have come back to some brilliant and massive Profits. This came on the back of some massive profitable days last week. This is just the natural Cyclical nature of the markets. We all need the patience and discipline to sit though the hard days, because the good days will come round. So I hope me talking about this day after day, and showing you the cycle day after day has helped you understand how markets really unfold in the Real World !
Thanks, Steve
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