OK, now we know that we should be focusing on the sells (and not the buys), the min YM did give us a lovely TS4 sell around 11:00am
The YM then declined nicely, past a potential buy, but we have already determined that the larger degree trend was down, so this buy should have been ignored in preference of the current short trade.
The YM then reached the first projected profit target when (using the standard trade management guidelines) a very nice +4.9R Profit was available (using slippage and commission)
A good end to a very good few days in the US e-minis :)
Thanks, Steve
The YM then declined nicely, past a potential buy, but we have already determined that the larger degree trend was down, so this buy should have been ignored in preference of the current short trade.
The YM then reached the first projected profit target when (using the standard trade management guidelines) a very nice +4.9R Profit was available (using slippage and commission)
A good end to a very good few days in the US e-minis :)
Thanks, Steve
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