Attached is a 3min chart of the NIFTY Sept. futures. The move started yesterday from DP support on the 15min and 60min charts - as you teach, today I took the TS2 buy on the 3min chart which resulted in 4.6R. With apparent resistance (covergence of multiple MA's) on the 60min charts, divergence of the STF on the 3 min chart took the DP trade on the 3 min chart - STF was strong at the first target, ran with the ATR stop and finally exited near the days low at the DP from the previous major swing low for +16R Profit. An amazing day overall of +20.6R Profit.
Jatinder, Private Trader
Risk Disclaimer Testimonials herein are unsolicited and may not be representative of the experience of other Customers and is not a guarantee of future performance or success.
Before you make an informed purchase decision, please make sure that MTPredictor will suit your personal trading needs and expectations. Check the features table below:
MTPredictor 8 can read real-time data directly from IQFeed, eSignal and other data vendors, as well as read EOD data in ASCII and MetaStock format.
|Find automatic trade setups||Y||Y|
|Use Risk/Reward analysis & Position Sizing||Y||Y|
|Perform manual Risk/Reward analysis & Position Sizing||Y||Y|
|Draw manual DP's||Y||Y|
|Draw manual WPT's||Y||Y|
|Scan daily data||Y||Y|
|Scan real-time data||Y||Market Analyzer|
|Audable Real-time alerts||Y||Market Analyzer|
|Find Ellliott Wave patterns||Y||Y|
|Draw EOD bar charts||ASCII and Metastock||Multiple Data Feeds|
|Draw Real-time bar charts||Multiple Data Feeds||Multiple Data Feeds|
|Use indicators & drawing tools||Multiple||Multiple|
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