OK, now we know how the 15min DP changed the trend from down to up around midday let’s take a look at how that would have affected our 3mio trades.
Well, we would not have taken the first trade of the day (as the 15min was not at DP support yet), but we would have had a -1R loss at 11:12EST. But then the automatic DP buy at 11:48EST nailed the very low of the day for you !
As the YM rallied, you would have avoided the two short signals until the DP long reached the first target, where you would have swapped to the ATRStop. This would have produced a nice +2.7R Profit (ignoring slippage and commission)
So this would have turned a +2.6R day with 2 losses and 1 Profit (Standard Traders) into a +6R Day with 1 loss and 2 Profits for the Advanced Traders among you by using the larger degree trend.
Thanks, Steve
Well, we would not have taken the first trade of the day (as the 15min was not at DP support yet), but we would have had a -1R loss at 11:12EST. But then the automatic DP buy at 11:48EST nailed the very low of the day for you !
As the YM rallied, you would have avoided the two short signals until the DP long reached the first target, where you would have swapped to the ATRStop. This would have produced a nice +2.7R Profit (ignoring slippage and commission)
So this would have turned a +2.6R day with 2 losses and 1 Profit (Standard Traders) into a +6R Day with 1 loss and 2 Profits for the Advanced Traders among you by using the larger degree trend.
Thanks, Steve
