Onto the 3min Chart

OK, now we know that we should have been focusing on the buy setups, let’s take a look at the 3min Russell Index (TF)...........

As you can see, we did get a nice TS4 buy around lunch time.....

Using the Standard trade management guidelines meant swapping to the ATRStop as the first profit target was reached (and the STF was strong). Yes, it was a bumpy ride, but the result was a nice +4R Profit (ignoring slippage and commission) on the close.

Thanks, Steve

Larger degree trend

Hi Everybody,

As usual, let’s look at the larger degree trend first.

On the 15min Russell (TF) this was up from the prior TS3 buy into its first profit target. So we should have been focusing on potential buy setups rather than sell

OK, over to the 3min Chart now

Thanks, Steve