Wednesday, 26 May 2010

The Holy Grail of setups


Hi Everybody,

Although it was a hard day for the Standard Traders among you once you look at the YM yesterday with “Advanced eyes” you can see my favourite setups, the one I believe is the closest thing to the Holy Grail you will find in Trading. But let’s start but looking at the larger degree trend with the 15min YM chart

As you can see, we had DP support early in the day, this set the trend to UP.

OK, now onto the 3min Chart for the actual trade entry.....

Thanks, Steve