Todays Winning Trades

Ready to see an example of how we trade? Well here you go!!!

090310 Chart of the Week

The above chart shows a long entry on September 1, 2010. What is this chart telling us? At the start of the day it is immediately telling us that the bias of the trend is to the upside and there is currently no demand in the market. A few bars later we still have no demand in the market and our trend bias is to the upside, but we recognize that we are in a phase of accumulation and to enter we must wait for the distribution phase to enter the market if we want to trade with a high level of probability. On the 9:51 bar we get green volume on our chart along with longer term volume. Not only did we get green volume to confirm buyers, but price is telling us buyers are in control, volatility is increasing, and momentum is growing stronger. Our entry was at the open of the next bar near 1063. We stay in the position until we get red volume coming in which happened at 12:29. Our exit is at the open of the next bar 1076.50. The last time I checked that is 13.5 points in 1 trade in 1 day on the ES. Not only that, but look at all the information we can get from this one chart. Notice how clean it is? We don't have a bunch of things on their cluttering up price so we can read what is happening right now at the live edge of the market making decisions right now on what we need to do in order to trade with the highest level of probabilities!!! Want to learn how? Let me coach you and teach you how to apply all the skills I just talked about at the live edge of the market. Once you learn them you can apply them to any market in any timeframe that you so choose to trade and invest in.

Disclaimer

*Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of uture results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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