Friday, 30 April 2010

Larger degree (15min) Trend


As you can see form the 15min YM chart, we had a high unfold, right at the Typical Wave 3 WPT. The YM then started to decline after that. So “at the time” the 3min TS2 buy came in, the 15min trend was down off the Wave 3 high............

So the Advanced Traders among you could have either decided to avoid the trade, or treat it with caution.

Advanced Trading is a skill that takes time and comes from lots of practice, but in MTPredictor you have the tools to help you all become better traders.

Thanks, Steve