Elliott Wave Trader: +5.7R On the YM yesterday....

Tuesday, 23 November 2010

+5.7R On the YM yesterday....

Hi Everybody

Here is a Video showing how you can look for Advanced Trades, using the tools in the MTPredictor software

http://www.mtpredictor.com/Videos/2010-Nov23-2/2010-Nov23-2.html

Here we managed to nail the very low of the day yesterday on the 5min YM for a lovely +5.7R Trade (ignoring slippage and commission)

Thanks

Steve

Please raed first

In this Blog I will be using MTPredictor to demonstrate how to use the software to find more Advanced trade setups, . So this Blog is mainly to help current MTPredictor users become better with the software. If you are new to MTPredictor or are seeing MTPredictor for the first time, this Blog will also show you what the software is capable of.

I will be using examples on all time frames and on all markets, from Futures, Stocks and FOREX.

Because the Blog is for Education only, it should not be viewed as a track record for the software, losses can and will unfold with any trading method, so I will also include examples on how to manage losses as well as how to manage the profitable trades.

The Blog lists the newest posts first so sometimes you will have to read a lower posts first to see a train of thought though consecutive examples.

The charts can be enlarged by clicking on them.

Thanks, and I hope you enjoy the reading......Steve

All examples ignore slippage and commissions

The Legal Bit

Risk Disclaimer and Disclosure Statement

Trade at your own risk. The information provided here is for Education only and is of a general comment only and neither purports nor intends to be, specific trading advice. It has been prepared without regard to any particular person's investment objectives, financial situation and particular needs. Information should not be considered as an offer or enticement to buy, sell or trade. You should seek appropriate advice from your broker, or licensed investment advisor, before taking any action.

By purchasing the MTPredictor program or trading course, or by reading this Blog, you acknowledge and accept that all trading decisions are your own sole responsibility, and MTPredictor Ltd, MTPredictor.com or anybody associated with MTPredictor Ltd including S. E. Griffiths cannot be held responsible for any losses that are incurred as a result.

All trades shown on this Blog are hypothetical, they were not executed. There are just shown for illustration and training purposes only.

Click here for a full Risk Disclosure

There is risk of loss in trading and investing. All trade decisions are your own sole responsibility.

Elliott Wave Trader

Tuesday, 23 November 2010

+5.7R On the YM yesterday....

MTPredictor links

Please raed first

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