Thanks Steve. Thank you for this massive + 29R today on $/Yen on 3 min chart. This was possible with the market analyzer of Ninja Trader which allows me to follow several currencies at the same time. The set up was a standard TS3... But I chose not to close the trade on first target as the DP support on 15 min chart was not yet touched. When this DP on 15 min chart was reached, we were already on strong STF in 3 min.... So I let the trade follow its way until I was stopped with a 29R profit!!!!!!
In today’s MTPredictor video I take a look at how the markets reacted on the day Trump was sworn in as US President:
As you can see, our MTP DP’s nailed the high of the day in the ES, NQ and YM, setting the trend as down for the rest of the day. As such the best trades were on the short side.
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