Steve Griffiths
02-23-2005, 06:52 AM
Hi Everybody,
Yesterday was a great day on the US markets with a number of great short term (3 and 5min) sell set-ups on the ES, NQ and YM. There were too many good set-ups to show them all here, but this one on the YM is worth taking a look at.
Here I have used the Advanced technique of manging the trading using the 20 period moving avergae. This kept you short into the close for a porfit of approx 11x the initial risk (ignoring slippage and commission).
Thanks
Steve
Yesterday was a great day on the US markets with a number of great short term (3 and 5min) sell set-ups on the ES, NQ and YM. There were too many good set-ups to show them all here, but this one on the YM is worth taking a look at.
Here I have used the Advanced technique of manging the trading using the 20 period moving avergae. This kept you short into the close for a porfit of approx 11x the initial risk (ignoring slippage and commission).
Thanks
Steve