Hi Everybody
I received a few question on the YM 3min for Yesterday, so I would like to take a quick look.
The day started with a nice TS3 buy that unfolded late morning. This was a standard setup that was managed using the WPT targets as the STF was weak. As you can see a nice +3R Profit (ignoring slippage and commission) was available as the YM drifted higher as the first projected profit target was reached.
So this setup was OK, because it was “in the direction of” the larger degree up trend, but the main question was on the DP sell later in the day, next post.
Thanks
Steve
I received a few question on the YM 3min for Yesterday, so I would like to take a quick look.
The day started with a nice TS3 buy that unfolded late morning. This was a standard setup that was managed using the WPT targets as the STF was weak. As you can see a nice +3R Profit (ignoring slippage and commission) was available as the YM drifted higher as the first projected profit target was reached.
So this setup was OK, because it was “in the direction of” the larger degree up trend, but the main question was on the DP sell later in the day, next post.
Thanks
Steve
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