3min YM - valid or not ?

[Steve Griffiths]

Hi,

Some of you have asked for me to post set-ups that I consider but reject because they are not valid, well here is a example on the 3min YM.

As you can see, althogh the set-up (including the ABC pattern) look perfect, the initial R/R numbers are a bit low. Therefore because the initial risk on the trade is too high for the potential profit, it is a trade that is best passed on.

I hope this helps ?

Steve

[spp]

Thanks Steve.

MTP's training course provides plenty of information to understand the pretty simple concepts. Your report offers good similar ongoing information, too.

However, there's just something special about having the same RT setups posted that you're currently (or very very recently) evaluating.

Posting them RT is great whenever you have the chance. Thanks again for doing that today.
Sean