Hi Everybody,
We have all seen the massive +8.5R Profit on the 3min YM that I posted on the standard Blog using the “standard” trade guidelines, but could an Advanced Traders squeezed out some more Profit on the trade ?
Well, yes, because the rally off the TS4 lows as a minor 5 waves, so when the Wave 5 high came in at WPT resistance on a high volume (VSA) spike, protecting an open +10.2R Profit (ignoring slippage and commission was the4 sensible course of action.
Also, note how the TS4 buy (ABC correction) came after a 5 wave rally. This gave extra confidence in the TS4 buy as well.
In MTPredictor you have the Advanced tools that not only give you move confidence in the setups, but also help you in their management.
Thanks, Steve
We have all seen the massive +8.5R Profit on the 3min YM that I posted on the standard Blog using the “standard” trade guidelines, but could an Advanced Traders squeezed out some more Profit on the trade ?
Well, yes, because the rally off the TS4 lows as a minor 5 waves, so when the Wave 5 high came in at WPT resistance on a high volume (VSA) spike, protecting an open +10.2R Profit (ignoring slippage and commission was the4 sensible course of action.
Also, note how the TS4 buy (ABC correction) came after a 5 wave rally. This gave extra confidence in the TS4 buy as well.
In MTPredictor you have the Advanced tools that not only give you move confidence in the setups, but also help you in their management.
Thanks, Steve
