Europe: Benetton, Italy profit

[Tony Beckwith]

Hi to traders on the European stockmarkets

Here is an excellent example of MTPredictor risk control on Benetton, Italy - daily chart.

A standard TS3 Sell set-up, price at Typical resistance, red sell bar, above +2x risk/reward potential, red trend indicator...

Result: still open at +3.5x profit

Training lesson: using the Scanner helps stop you from over-analysing!

Note: I am testing the global stocks datafeed from BullBear...

Thanks

Tony.

[Tony Beckwith]

UPDATE

+4x profit at close yesterday in Milan - plenty of opportunity to take partial profits/protect open profits

Tony.