As we can see, right at the same time the 15min ES chart was at 15min DP support, the 3min gave us an automatic DP buy setup. This nailed the low of the day for us ! This is exactly the same as we had on the NQ the day before :-)
The ES then rallied strongly off the low. After a scary initial pullback (no 100% initial risk on this trade as the larger degree picture was clear), the ES did reach the first projected profit target, but as the STF Strength band was exceeded, we swap to the ATRStop, which held the long trade into the close for a nice +5.7R Profit (ignoring slippage and commission)
Thanks, Steve
The ES then rallied strongly off the low. After a scary initial pullback (no 100% initial risk on this trade as the larger degree picture was clear), the ES did reach the first projected profit target, but as the STF Strength band was exceeded, we swap to the ATRStop, which held the long trade into the close for a nice +5.7R Profit (ignoring slippage and commission)
Thanks, Steve
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