The mechanical trade has become our work horse because it’s easy to execute and so often profitable. In this lesson we extended its usefulness by using mechanical set-ups in charts of smaller degree instead of the more labor-intensive ‘camouflage’ tactic. An advantage of this is that all entries are accomplished with limit bids and offers rather than with stop-market and stop-limit triggers. The point is illustrated via a successful mechanical trade we did in the E-Mini S&Ps.
