hello traders sorry I just miss this another live trade I jumped in on and
with this particular one you can see here was until he has it come down and
it filled me on this is a lot of one to explain when you're doing your back
testing and your work on your trades they come down and check that and I was
filled here on five contracts went to break even plus a couple of ticks are
then finally I was filled on those other five contact contracts so that's what is
wanted to explain to you is it in back testing live trading very very different
than back testing you can see here we come down we bounced off it spilled on a
feel and it was until there I was filled on all of them are now I enter this one
here on a t25 now this is a higher risk bump because I was we were getting some
angulation i took my stop one tick above here this swing high so it was more an
advanced technique but very comfortable with this strong downtrend if you
actually draw in a very very nice channel on this one I let me just show
you how to do this two parallel on the video sorry I'm just going to quickly
show you this is a nice little thing you can do just to be kept just to really
track and look at that they're perfectly now after while visually you just get to
learn these without even seeing them so I just went from there to there down to
here of course visually I could see that we were forming a channel and look at
this here touch it there come down touched it there bounced up bounced on
this one then come down we touch gone through a little bit okay and we now
bounce now we make come up and bounce down but let me just show you what I did
that how I did that again because I already know me does it going to ask me
about that if you're trading one or two strategies you have a lot of time on
your hands at times so trend lines are really great to be drawn in so if you go
simply draw in and if that steady could really only draw these points in so what
you do your extend it right like that there
and look at this here it's come down but what you even before then you would have
done this whoops sorry try to let me just get rid of that one remove let me
just do this one again muck that up okay come down here okay you've got that that
they're only there at that time you've got these these three points come down
come and then look at this here come down and bounce you come up and bounce
off it again and bang and you see this happen time and time again now be really
nice to see it punch through this sad little channel you may get some
resistance here but channels are fantastic to trade when you come up and
just a little technique you come up and touch it one of the reasons i put my
stop up here i think now see what's happening here now we're now hit in a
pivot now you may remember on video one what did I mention up here in video one
we quite often will travel from pivot to pivot which is what's happened right
here now why didn't I stain all that way I'm a scalper and with the ES and all
markets actually you'll see it'll trading wave so it'll go up it'll go
down go up and down so that there that was another row that was 750 on 10
contracts it was seven hundred fifty dollars less commission so for one half
over 50 there so look at some I don't know what am I twenty-two twenty-three
hundred shows on my dome 6019 but sort of some earlier trading this morning but
it's you know it's a really nice start or a nice ending today because it's a
thursday evening here but look up is here we've bounced now on the bottom
channel but we've also bounced on the pivot look at here at our platinum okay
so quite possibly we could bounce here and go up to the channel who knows who
knows but then if we look for my students sorry my members or shouldn't
call your students we look here you've had 134 234
33 you've had in that very really 89s aren't they so I'd be sitting
sitting this out right now so i'll see if we snap off in other trades but
otherwise this will be winning trade number five in a row even though that
was really only got me one ticket still a winner so one two three four five all
trading with the trend and and I had some beautiful entries up here I didn't
even take at a perfect one there another one there and another one there and of
course you still got one here but under our 34b rules you'd be setting that out
but also you there's your pivot support
so it traders before I wrap up this third video I've just been informed by
my darling wife we're going out for dinner so I've got to wrap this up and
I'll stop trading for the night in a moment understanding the risk of course
please have read of this if you haven't read it already this is video three of
two other quick videos i took us some live trading just before we quickly go
to the live charts so all of this of course is covered comprehensively all of
these setups in my course now for my members you can see here you've had
entries there here here you had here of course you've got entries here and
you've got your 89 there here I get at it 750 les Commission's why did I go for
a wider stopped because of the channel and once again visually you'll get very
very good at piggy nose now if I had have gone this for a six my standard six
ticks stop traders I would have been stopped on that trade I would have been
stopped but just trading experience I tucked it up here which kept me in a
which is very very nice so if you had to just been taking every one of our trades
you are you've had one two three four five
that's four winners one loss sorry yeah that's right the six winners one loss
plus the ones i head back here so a very very nice quick number of trades for the
evening once again all of us is covered in the day traders fast-track program if
you're not already a member come and join us thanks traders