The initial move was down so we buy as soonas the ADX turns, buying in the lower 20% of the Williams. Unfortunately our stop was hit by 1pt.Note if using the 6-minute rule the loss would have been just 10 pts. The next 3 trades of the day were all winners.
PLEASE NOTE: If you had placed this trade yourself you had the potential to actually double the profit figure shown. However, This trade and the figures quoted are based on just half the winning move. This is because we know (and you will also know if you have any trading experience), that nobody will enter at the exact highs and lows of every move over the long term. Banking just half of the move is a much more realistic and achievable target, something that many sites will omit to tell you.
http://www.60minutetrader.com/archive/febfutures/117-02-06.htm
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Thursday, March 02, 2006
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