Friday, 22 January 2010

DP buy on the 3min Chart

Now we have confidence in the 15min DP support we can consider the 3min DP long trade.

Yes, it was a hard and boring trade, but the NQ did reach the first DP profit target. Using standard trade management guidelines, meant taking profits there as the STF was weak. This added another +2.2R Profit (ignoring slippage and commission) to what was already a brilliant and very profitable day on the NQ.....

Thanks, Steve