OK, now we now that the “larger degree” trend was down in the first part of the day, this would have helped us “avoid” the first -1R long trade, then we could have considered the TS1 short trades.
As you can see, here were would have started with two -1R losses, but then after the high came in the ES decline nicely, for a potential +3.8R Profit (ignoring slippage and commission) as the TS3 buy came in. So -2R +3.8R = +1.8R so far.
Lets now take a look at the rally in the afternoon...........
Thanks, Steve
As you can see, here were would have started with two -1R losses, but then after the high came in the ES decline nicely, for a potential +3.8R Profit (ignoring slippage and commission) as the TS3 buy came in. So -2R +3.8R = +1.8R so far.
Lets now take a look at the rally in the afternoon...........
Thanks, Steve
