OK, now we know that the larger degree trend was up, on the 15min chart, we can focus on any buy setups.
The 3min TF (Russell Index) was a good example, with this good looking TS4 buy around lunch time. The Russell then rallied nicely to reach the first project profit target, where the STF was strong. So standard trades would have swapped to the ATRStop, which held the long trade into the close.
The result, a nice +6.4R Profit (ignoring slippage and commission)
The 3min TF (Russell Index) was a good example, with this good looking TS4 buy around lunch time. The Russell then rallied nicely to reach the first project profit target, where the STF was strong. So standard trades would have swapped to the ATRStop, which held the long trade into the close.
The result, a nice +6.4R Profit (ignoring slippage and commission)
Even with a small (-1R) loss on other markets - for example the YM. The +6.4R Profit here was much larger. This is what makes money over time - small losses and big Profits, and yesterday was a great example of this....
Thanks, Steve
PS, we are now on the June (M0) contracts
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