Hi Everybody
Wow, what a brilliant day on the 3min YM yesterday, with a TS3 sell nailing the high of the day for you ! Bit not only that, this short then declined and then found support at the DP< that nailed the low of the day for you ! Short from the high of the day, to take profits at the low of the day is the best any day trader could ask for – brilliant !
The result a nice +7R Profit (ignoring slippage and commission)...........
Yes, there was a -1R loss earlier in the day and the TS2 sell later in the day was against the new 15min up trend (off a 15min Wave C low)...... and yes, standard traders would have been using the ATRStop for this TS3 short, but for Advanced traders, knowing that support was coming in at the DP, this was a brilliant trade, and shows the power of the tools in the software – to nail both the high and low of day !
Thanks, Steve
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