Steve Griffiths
04-14-2005, 09:07 AM
Hi Everybody,
Yesterday gave us a great short on a 3min YM Chart, please see below. As you can see this put you in a great position as the YM declined shrply for the rest of the day.
Using the 20 period moving average for trade management would have returned a profit of just over 11x the initial risk (ignoring slippage and commission).
A great trade !
Steve
Yesterday gave us a great short on a 3min YM Chart, please see below. As you can see this put you in a great position as the YM declined shrply for the rest of the day.
Using the 20 period moving average for trade management would have returned a profit of just over 11x the initial risk (ignoring slippage and commission).
A great trade !
Steve