Tuesday, 22 June 2010

3min DP nails the high of the day !!


OK, now we have seen how we had DP resistance at the high of the day, this then allowed you to not only avoid all the losing buys (as they were “against” the 15min down trend), but also allowed you to take the automatic 3min DP sell – this nailed the very high of the day for you !!

So instantly, this turned what could have been a -4R loss into a lovely +4.9R Profit (ignoring slippage and commission).

But the shorts did not stop there, as the Russell Index got in on the act with a TS3 sell later in the day....

Thanks, Steve