Steve Griffiths
01-21-2005, 09:11 AM
Hi Everybody,
Here is a great YM 3min short trade. As you can see from the attached chart, this returned a profit of just over 4x the initial risk (ignoring slippage and commission. In fact the profit target nailled the low of the day !
The 60-min chart moving average was down at the time, so this was in the direction of the main trend.
As it was found automatically in the RT scanner, this one was a "no brainner"
Thanks
Steve
Here is a great YM 3min short trade. As you can see from the attached chart, this returned a profit of just over 4x the initial risk (ignoring slippage and commission. In fact the profit target nailled the low of the day !
The 60-min chart moving average was down at the time, so this was in the direction of the main trend.
As it was found automatically in the RT scanner, this one was a "no brainner"
Thanks
Steve