Hi Everybody,
As you have already seen, there was a nice automatic TS3 buy that came in juts after lunch on the 5min Russell............. But what interested me was how “at the same time” we got a Wave 5 low on the 3min YM. Normally this is not a reason to take a trade, but what I liked here was that the Wave 5 low fell at the Typical (pink) WPT zone, as we have a high volume (VSA) bar................. This usually is sign of a trend reversal.
As you can see, this nailed the low and the result was a nice +4.4R Profit as the YJM rallied strongly into the close....
Thanks, Steve
As you have already seen, there was a nice automatic TS3 buy that came in juts after lunch on the 5min Russell............. But what interested me was how “at the same time” we got a Wave 5 low on the 3min YM. Normally this is not a reason to take a trade, but what I liked here was that the Wave 5 low fell at the Typical (pink) WPT zone, as we have a high volume (VSA) bar................. This usually is sign of a trend reversal.
As you can see, this nailed the low and the result was a nice +4.4R Profit as the YJM rallied strongly into the close....
Thanks, Steve
