Europe: France, Valeo risk control

[Tony Beckwith]

Hi to traders on the European markets

This Buy set-up on French stock Valeo shows the MTPredictor risk control perfectly...

Standard TS1 Buy set-up; price near Typical support; blue buy bar; above +2x profit potential...
Price has exceeded the 100% risk level, meaning the protective stop can be raised from its initial 22.88 to break-even - now a free trade...

We do not know the outcome of the trade - we DO KNOW what to do to CONTROL the RISK.

Note: The red trend indicator is disregarded here because this is a TS1 set-up - see the Trading Course http://www.mtpredictor.com/training/index.html

Tony.

[Tony Beckwith]

UPDATE

+4.3x profit at close yesterday in Paris.

Training lesson - excellent example of disregarding the red STF on a TS1 set-up.

Thanks

Tony.

[Tony Beckwith]

UPDATE

A Stop-&-Reverse Sell/Short set-up triggered yesterday.
The Buy/Long set-up banked +4x profit.
Risk is controlled on the new set-up...


Thanks

Tony.

[Tony Beckwith]

UPDATE

The protective stop can be lowered from its initial position to break-even - because price has reached the 100% risk level (risk/reward 1:1)...

Now a free trade - good risk control.

Tony.