Hi Everybody,
As you have already seen, we had my “favourite setup” as the TS3 buy that unfolded on the 3min ES., But how did you know to look for a trade that was “against” the STF colour. Well, again, it all comes down to the “larger degree” trend. So let’s take a look at the 15min ES chart.
Here you can see that the ES found support at the 15min DP and was staring to rally. This set the “larger degree” trend to up, and as such alerted all the Advanced Traders among you to start to favour the long side of the market. Hence the TS3 buy setup on the 3min Chart
Thanks, Steve
As you have already seen, we had my “favourite setup” as the TS3 buy that unfolded on the 3min ES., But how did you know to look for a trade that was “against” the STF colour. Well, again, it all comes down to the “larger degree” trend. So let’s take a look at the 15min ES chart.
Here you can see that the ES found support at the 15min DP and was staring to rally. This set the “larger degree” trend to up, and as such alerted all the Advanced Traders among you to start to favour the long side of the market. Hence the TS3 buy setup on the 3min Chart
Thanks, Steve
