Tony Beckwith
11-21-2006, 05:26 AM
Hi to traders in Australia, especially trading the index futures on the Sydney Futures Exchange (SFE)...
Thought I'd post this standard MTPredictor long trade on the 3 min. chart of the Dec 06 SFE SPI 200™ index futures...
Simple ABC correction-to-trend - automatically found by the software - with clear set-up support and a strong risk/reward outlook.
Result: +6.1x profit on the close, using MTPredictor standard trade management guidelines.
They don't always run like this but when they do, we have a great method to run the profit. Importantly, this potentially balances 6 future losses...
{Note: minimum tick movement = 1; tick value = A$ 25}
Thanks
Tony.
Thought I'd post this standard MTPredictor long trade on the 3 min. chart of the Dec 06 SFE SPI 200™ index futures...
Simple ABC correction-to-trend - automatically found by the software - with clear set-up support and a strong risk/reward outlook.
Result: +6.1x profit on the close, using MTPredictor standard trade management guidelines.
They don't always run like this but when they do, we have a great method to run the profit. Importantly, this potentially balances 6 future losses...
{Note: minimum tick movement = 1; tick value = A$ 25}
Thanks
Tony.