My last trades on Coffee (Wave2 and TS2)

[Krzysztof]

Hello,

Below are two examples of my last trades on Coffee market.
I'd like to show again that MTP is much more advanced tool than only
finder of standard TS trades. And why education is so important.
We can find many very interesting trades...:)

Best regards,
Krzysztof

[Angel]

Hi Krzysztof,

Concerning your last trade, did you use the "Wave 1 or up feature" applied on the last swing (2 or B) for adding another resistance on the swing C ?

Cheers,

Angel

[Steve Griffiths]

Hi Krzysztof

What a great few trades, and a brilliant example of what MTPredictor can do in the hands of an experienced user.......... nice one !

Please aslo see my post on the Position Sizing thread http://www.mtptrader.com/showthread.php?p=748#post748

For further analsysis of this last short trade.

But again, well done Krzysztof, others need to take notice, because this shows what is possible with MTPredictor :)

Steve

[Krzysztof]

Thank you Steve for your very kind words:)

Angel,
There are four Fib levels exactly above Wave C in the second trade -
"manual" TS2 :

0.786 Reatrac. of the last swing down (Wave5 of 3)
0.382 Retrac. of the whole Wave 3
(Wave4 should end between .382 and .618 of Wave 3)
0.618 AlternatePP of WaveA from WaveB low
1.272 Extension of A-B pivots

Best regards,
Krzysztof

[Matt Bowen]

Hi Krzysztof,

I was not sure if you rolled over into the March contract, but that was a great call on the coffee... Another nice move today. In any case, well done my friend.

-Matt