Hi Everybody,
As we have already seen the TS4 sell on the 3min NQ was “against” a blue STF, so was avoided by Standard Traders. BUT, as we saw yesterday, the 15min NQ had made a high at DP resistance so the 15min trend had turned down. Please remember than any oscillator will always be slow in changed after a trend change. That is why DP’s will always catch a trend change before the STF.
As such Advanced Traders would have ignored the STF and as such taken the TS4 sell. BUT, if you do this and are concerned that you are “against” the trend, be more cautious and protect yourself quicker by using the 100% initial risk guideline....
The result of this was a nice +2.5R Profit (ignoring slippage and commission). Which had the result of turning a -2R loss for Standard Traders into a small Profit (+0.5R) for the day. This is why learning the more Advanced Techniques is so important as without them you are missing out on so many great trade opportunities....
Thanks, Steve
As we have already seen the TS4 sell on the 3min NQ was “against” a blue STF, so was avoided by Standard Traders. BUT, as we saw yesterday, the 15min NQ had made a high at DP resistance so the 15min trend had turned down. Please remember than any oscillator will always be slow in changed after a trend change. That is why DP’s will always catch a trend change before the STF.
As such Advanced Traders would have ignored the STF and as such taken the TS4 sell. BUT, if you do this and are concerned that you are “against” the trend, be more cautious and protect yourself quicker by using the 100% initial risk guideline....
The result of this was a nice +2.5R Profit (ignoring slippage and commission). Which had the result of turning a -2R loss for Standard Traders into a small Profit (+0.5R) for the day. This is why learning the more Advanced Techniques is so important as without them you are missing out on so many great trade opportunities....
Thanks, Steve
