OK, now we have seen that the larger degree, 15min trend was up, you would have avoided the sells that appeared on the 3min charts.
But I want to take a closer look at a trade that shows the true power of MTPredictor, and quite frankly blew me away yesterday as it was unfolding, as MTP nailed the turns absolutely perfectly.
This is where MTPredictor stands head and shoulders above other software, in its ability to perform more advanced analysis like this. This is the type of analysis I do myself and why I designed MTPredictor in the first place.................. So I suggest you all pay attention :)
But I want to take a closer look at a trade that shows the true power of MTPredictor, and quite frankly blew me away yesterday as it was unfolding, as MTP nailed the turns absolutely perfectly.
This is where MTPredictor stands head and shoulders above other software, in its ability to perform more advanced analysis like this. This is the type of analysis I do myself and why I designed MTPredictor in the first place.................. So I suggest you all pay attention :)
Here we can see how the 3min YM made a low at DP support. This actually nailed the very low of the day for you ! Then the YM rallied into the opposing DP perfectly and made a high. So far so good. But what should we all know about the “pattern” of an “initially rally” off a “important low” ?
Steve
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