Tony Beckwith
12-13-2006, 04:43 AM
Hello to our traders in India
This is a perfect example of a standard MTPredictor trade set-up - on Indian major stock Tata Motors, on the NSE...
Simple ABC correction; hitting Minimum price resistance; minimum +2x risk/reward outlook at 1st profit target; red sell bar.
Result: +5.9x profit, using MTPredictor standard trade management guidelines.
Or +15,000 Indian rupees profit for a 2,500 initial money risk....
NOTE ALSO we now have a brand new NSE real-time datafeed for MTPredictor - giving you stocks, indices AND futures! Contact me now for information on this new eSignal datafeed.
Thanks
Tony.
This is a perfect example of a standard MTPredictor trade set-up - on Indian major stock Tata Motors, on the NSE...
Simple ABC correction; hitting Minimum price resistance; minimum +2x risk/reward outlook at 1st profit target; red sell bar.
Result: +5.9x profit, using MTPredictor standard trade management guidelines.
Or +15,000 Indian rupees profit for a 2,500 initial money risk....
NOTE ALSO we now have a brand new NSE real-time datafeed for MTPredictor - giving you stocks, indices AND futures! Contact me now for information on this new eSignal datafeed.
Thanks
Tony.