Another easy set up today

By trader7757, 4 June, 2009, No Comment
YM trade

YM trade

This was an interesting trade, as the price bounced a third time off the bottom of a short support line, all the indicators, which I have circled, turned to indicate executing a long position. It turned out to be a good trade. The DecisionBar software, which is not shown, all indicated a long trade one bar later. Also notice how I took my profits one bar too soon, the indicators were beginning to flatten out and I felt I was somewhere near the top. This was a fun trade to watch play out.

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