Hi Everybody,
Yesterday was a brilliant day on the US e-minis with some lovely buy setups that were all in the direction of the blue STF. So yesterday was a “no brainier” !
A you can see, the two buys on the 3min ES both turned our well with +2.9 and +2.1R Profits (ignoring slippage and commission). Then we did have a -1R loss later in the day but -1R was a lot smaller than the +5R Profits from the two earlier trades. Small losses and Big profits, that is the key to successful trading.
Both Profits were taken at the first project target as the STF was weak both times.............. The only question some people have is whether to simply take profits at the target or to then start to “trail” the stop 1 tick below the bars lows. The differences is discussed in Part 2 of the Trading Course
But either way, yesterday was a very good day on the US eminis, with Profits on all 4 of the ES, YM, NQ and Russell !
Thanks, Steve
Yesterday was a brilliant day on the US e-minis with some lovely buy setups that were all in the direction of the blue STF. So yesterday was a “no brainier” !
A you can see, the two buys on the 3min ES both turned our well with +2.9 and +2.1R Profits (ignoring slippage and commission). Then we did have a -1R loss later in the day but -1R was a lot smaller than the +5R Profits from the two earlier trades. Small losses and Big profits, that is the key to successful trading.
Both Profits were taken at the first project target as the STF was weak both times.............. The only question some people have is whether to simply take profits at the target or to then start to “trail” the stop 1 tick below the bars lows. The differences is discussed in Part 2 of the Trading Course
But either way, yesterday was a very good day on the US eminis, with Profits on all 4 of the ES, YM, NQ and Russell !
Thanks, Steve
PS, remember to check out the Advanced Blog for that litle bit extra on the trades
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