Tuesday, January 6, 2009

TsuBot is Adding a New Profit Target 4!





We will be releasing a new version of TsuBot on January 1oth. We already had a statistically intelligent and profitable set of 3 profit targets in the current system, with defined Profit targets 1,2 and 3, but decided we can do even better and added a new Profit Target 4. Profit Target 4 will usually paint before our trailing stop will get us out.

Consider the possibility of this morning's Sell in the emini ES.

We sold the ES at 937.75 at 10:03 am est and exited in 2 minutes and booked +2 clean points. That was essentially just Profit Target 1. After that Profit Targets 2 and 3 were hit. At 10:22, Profit Target 4 painted @930.00. We believe that is an opportunity to tighten your stops above the last swing high. Eventually you were able to exit your trade at much lower levels before you were signaled on your next trade which was a nice winning long.

Have a great trading day!
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