Tuesday, 15 December 2009

TS3 buy on the Russell


As the trend was up yesterday, there were some other long trades to consider that unfolded later in the day. The best of these was on the 3min Russell Index.

As you can see, this returned a nice +2.5R Profit (ignoring slippage and commission). Again the DP target was used as the STF was weak. This is the Standard trade management guidelines....

A point to note is that because we have had some tricky and narrow range and choppy days recently, The Cyclical Nature of Trading would suggest that some good and much bigger trades are getting closer now.....

Thanks, Steve