Hi Everybody,
As we have already seen, the Standard Traders among you have already had a brilliant day, so what of the more Advanced Traders ? Well, we had a perfect high volume (VSA) spike at DP support that nailed the low of the day for you in the TF and ES. Let’s take a look at a 3min Charts of the Russell Index (TF) chart. As you can see, this was a perfect VSA / DP setup. This had you long form the low of the day !!
The TF then rallied nicely to reach DP resistance as well as a Wave C WPT. This was the perfect place to look to bank +5R Profit (ignoring slippage and commission). Add this to the +10R from the standard setups on the YM and we had a brilliant day on Friday. Days like this show the power of MTPredictor and it is on days like this that you make your big money !
Thanks, Steve
As we have already seen, the Standard Traders among you have already had a brilliant day, so what of the more Advanced Traders ? Well, we had a perfect high volume (VSA) spike at DP support that nailed the low of the day for you in the TF and ES. Let’s take a look at a 3min Charts of the Russell Index (TF) chart. As you can see, this was a perfect VSA / DP setup. This had you long form the low of the day !!
The TF then rallied nicely to reach DP resistance as well as a Wave C WPT. This was the perfect place to look to bank +5R Profit (ignoring slippage and commission). Add this to the +10R from the standard setups on the YM and we had a brilliant day on Friday. Days like this show the power of MTPredictor and it is on days like this that you make your big money !
Thanks, Steve
