Tony Beckwith
10-06-2006, 06:00 AM
Hi everyone
This lovely long unfolded on the 3min. HSI futures chart, stopped out yesterday for a +4.6x profit...
Set-up support at the Typical price zone; minimum risk/reward potential of +2x at the 1st profit target; uptrend confirmed by the blue STF...
Result: +4.6x profit, using the standard MTPredictor trade management guidelines.
Note: The Hang Seng Index futures trade on the Hong Kong Future Exchange (HKEx); HK$50/pt. (1 US$ = HK$7.8); minimum price movement 1 pt.; trading hours 09:45-16:15 (with 2 hour lunch break!) HK time.
Thanks
Tony.
This lovely long unfolded on the 3min. HSI futures chart, stopped out yesterday for a +4.6x profit...
Set-up support at the Typical price zone; minimum risk/reward potential of +2x at the 1st profit target; uptrend confirmed by the blue STF...
Result: +4.6x profit, using the standard MTPredictor trade management guidelines.
Note: The Hang Seng Index futures trade on the Hong Kong Future Exchange (HKEx); HK$50/pt. (1 US$ = HK$7.8); minimum price movement 1 pt.; trading hours 09:45-16:15 (with 2 hour lunch break!) HK time.
Thanks
Tony.