Tony Beckwith
11-16-2007, 06:20 AM
Hi to traders on the Australian markets
Here's a great example of the trades you need to be finding - an automatic Sell on Dow [ASX200 component stock], on the daily chart - found automatically by the EOD Scanner.
MTPredictor TS3 sell; Minimum price resistance; red sell bar; above +2x risk/reward potential at the 1st profit target; red STF supporting downtrend...
Result: +5.6x profit, using the profit targets for standard MTPredictor exits.
Note: this is MTPredictor End-of-Day, using the Paritech (Melbourne) datafeed
Thanks
Tony
Here's a great example of the trades you need to be finding - an automatic Sell on Dow [ASX200 component stock], on the daily chart - found automatically by the EOD Scanner.
MTPredictor TS3 sell; Minimum price resistance; red sell bar; above +2x risk/reward potential at the 1st profit target; red STF supporting downtrend...
Result: +5.6x profit, using the profit targets for standard MTPredictor exits.
Note: this is MTPredictor End-of-Day, using the Paritech (Melbourne) datafeed
Thanks
Tony