![]() |
|
#1
|
|||
|
|||
|
UK FTSE 100 stock AMEC has just rallied to its first profit target after MTPredictor v6.0 recently found a simple ABC pattern with a blue buyers' bar and strong risk/reward odds...
In terms of trade management, the 1st 1/2 position could be exited at a straight +3.0x profit - because the displayed target is more than +4.0x profit away...the 2nd 1/2 position can be protected with a stop 1 tick below the low of yesterday's bar, which is the first to hit the target... VERY SIMPLE !! Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
|
#2
|
|||
|
|||
|
UPDATE
The Strong Trend Filter (STF) moved above its upper Strength Band, signalling to protect open positions at the trailing volatility stop (blue dots) ... The stock is currently trading -5 in London. We will see what happens, as the risk is tightly controlled. Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
|
#3
|
|||
|
|||
|
UPDATE
The trailing volatility stop is doing a fantastic job of keeping the 2nd 1/2 position building profits as the rally continues... +5.2x profit on that 2nd 1/2 position at Friday's close in London ! Simple. Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
|
#4
|
|||
|
|||
|
FINAL UPDATE
The 2nd 1/2 position could be exited on Thursday 27th as price dropped to the trailing volatility stop - for a handsome +5.7x profit !! SIMPLE Tony
__________________
Tony Beckwith Sales & Business Development MTPredictor Ltd. International: +44 (0) 20 8783 0322 [UK] from Europe: 00 44 20 8783 0322 www.mtpredictor.com | www.mtptrader.com | www.mtpredictor.blogspot.com MTPredictor, Isolation Approach, Techniques Curve & Decision Point are trademarks of MTPredictor Ltd. Risk Disclosure & Performance Disclaimer: Trades shown are hypothetical, not executed. They are shown for illustration and training purposes only. Trade at your own risk. |
![]() |
| Thread Tools | |
| Display Modes | |
|
|