Hi Everybody,
After the last few posts on the ES, you may think that this is all too much hard work, well as you all know about the Cyclical Nature of Trading, you will know that sometimes trading can be hard, but conversely sometimes it can be a lot more straightforward
For example, this TS3 buy on the 3min Dax that has just been stopped out for a very nice +4.7R Profit (ignoring slippage and commission)
This was using the standard trade management guidelines and as the larger degree trend was up, the trade was a lot easier to mange. As soon as the STF strength band was exceeded, you swap to the ATRStop. This allowed the trade to run up.
Thanks, Steve
After the last few posts on the ES, you may think that this is all too much hard work, well as you all know about the Cyclical Nature of Trading, you will know that sometimes trading can be hard, but conversely sometimes it can be a lot more straightforward
For example, this TS3 buy on the 3min Dax that has just been stopped out for a very nice +4.7R Profit (ignoring slippage and commission)
This was using the standard trade management guidelines and as the larger degree trend was up, the trade was a lot easier to mange. As soon as the STF strength band was exceeded, you swap to the ATRStop. This allowed the trade to run up.
Thanks, Steve
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