Hello traders its asamurai trader welcome to my market recap we're going to be
looking at a whole bunch of trading opportunities that presented themselves
on the NQ 133 tick today which is in the USA the eleventh down under
here in Australia but 12 of 11th so we just having a look at a few of our trade
setups and I just remember these setups work on all time frames and all markets
so remembering we're watching for a pattern we're looking for a pattern and
that's something that it's very very easy for us to train our eyes to do
pattern-based trading is rules-based trading so once we see the pattern does
it meet the rules and next thing to do of course is to execute the trade and
manage the trade now we are going to be looking at some charts in a moment and
as per usual I need to make sure that you understand the risk if you're new to
trading or you're new to my videos please feel free to put a hold on this
video and just read the disclaimer and if you haven't already done so down the
bottom right-hand corner please go to full screen another thing i'd like to
our open with here as we get underway with the session is a little on
developing the right trading habits over 75 percent of the traders that i work
with are highly experienced I work with institutional traders I work with
professional private traders I work with our traders that have been trading for
10 20 years trying to become traders but just haven't made it up till now what is
absolutely critical is that when you first start to learn what I'm on you
trading strategies or even invest in my program you need to give yourself time
number one you need to unwind your past trading habits and you need to be
ruthless on yourself you truly do now what we do know is that the University
College of London stated that it takes 66 days to develop a new habit
so be kind yourself give this off sometime I emails every day from new
purchases of my program and this is putting aside my life coaching clients
but save is so much to learn well trade is you start with one strategy just one
strategy you master that you can make an incredible living side is trading at t2
of a 34b you can live a life of a king mastering just one strategy so be kind
yes often give yourself time now get into it another reason why you want to
have a system you need to have a business plan when it comes to trading
is it system basically save yourself time save yourself money save yourself
stress-energy you know and that's the great thing about the strategies that I
teach you now we're going to go be going through some of the rules of some of the
strategies in a moment but what's absolutely critical of course and I do
have to say this based upon an email i saw receive from a client yesterday
don't live trade until you've executed at least 100 trades on the simulator and
you're profitable and you're doing it flawlessly if you cheat if you break the
rules go back and start from one again traders this is about making serious
money which requires serious focus if you're a pilot and you get in a jet
aircraft are they going to allow you to make mistakes on a regular basis of
course not you'll be suspended likewise you've got to be really tough on
yourself and as Jack Welch says you know lack of candor is the greatest killer of
business well lack of candle for me to my students is the greatest killer of
you potentially making or having a great lifestyle as a trader so I just want to
really really drive is home today just based upon some of the conversations and
some of the emails I've been receiving from students now let's get back into
the trading for a moment let's talk about trading now this is an affirmation
and I've got this up it's framed in front of me I'm patient
I'm disciplined iron focused I'm a sniper one shot one kill I'm a
rules-based pattern trader and that is the mindset the persona that I take on
when I trade and i highly recommend you look at that if you're not we you are as
a trader now you need to sit back and say okay what mistakes have i made up
till now well it's probably counter trend trading to begin with breaking the
rules not having a business plan etc and that's what this training is all about
so just before we go to the charts I want to quickly talk to you about
something could you hear me now talk more and more about is getting into a
trend early and letting particular on your first waive on your first trade
letting it ride for a higher profit target now I'm a scalper I target
generally 14 ticks because that's what I've been doing for a long long time now
here on the t20s I've been aiming for a higher profit target like on this one 28
ticks I hit I trade 10 lots at 400 well that's some over seventy-five percent of
my profit target on one trade trade is getting a trend early enough and you can
achieve that just before we go to the charts very quickly if you haven't
already subscribed to my youtube channel please do go to my website subscribe to
my free trendsetter cheat sheets the training video my free 160 page ebook
and go to my website find out more about my program it's only one hundred and
ninety seven dollars the best day trading strategies 12 of the world's
best you'll ever loan now let's get to the chance so let's go and have a look
at price action now this is starting now from very early this morning and if we
look at this here this is working on just meet i'm just going to confirm this
yes so this is working on USA time traders sorry about this movies
around I just need to get this right I know it's annoying
I look back and I look at the replays when I do this but I just want to get
back okay so let's have a look here let's start off with the 34b's we want
to make our trading as mechanical as possible however as I say to everyone
our trading that I teach you is ninety-five percent mechanical we're
still some personal things you need to take an account such as you need to be
able to recognize a trend and we do that quite easily by looking at our 8 EMA 34
what is the direction of the overall trend so we can see we've got on the
chart here we've got a 200 we've got an 89 we've got a 34 and we've got an eight
so we can see here the market is collapse down here and it's almost an 89
bounce and once you close up and we had a t1 signal you go for it ah and I
already know what some of your going to ask what is this indicated on the bottom
well this is a double smooth stochastic okay so this is a standard stochastic
and I just wanted to I'm going to bet to do a market recap for my students and I
want to explain that so I'm going to minimize this now but that's what that
is it's a that will smooth stochastic let me move back down here okay so what
we've got here is we've got a 34 bounces a winner 34 bounce we roll over and what
confirms the rollover traders is our cross of the 8 EMA through the 34 now
you can use the trigger line 8 or you can use the eight itself through trigger
line 8 will get you into more false moves the 8 EMA will is perhaps we can
do it as many trades but will perhaps get you into more profitable trades now
remember when you got this crossover I want to see a pullback unless I get in
very very early so we've had a pullback we've got a 34b here the two arrows here
we had a 34b only if I form that the ditch the channel so if we go down here
look for 34 channel here ok so we almost touched it so it didn't quite meet our
normal rules of a 34b but all of these and once again this is a NQ 133 tick all
of these some with slam dunks 21 ticks now why 21 ticks, 21 ticks is 105 dollars gross
take off your five dollars in commissions for of those a day and
you're on your 400 a contract the secret is is getting in to a new trend so one
to two of these trades in a new trend romped 21 ticks in now let's have a look
at this here I received an email earlier from Brandon I think it was one of our
new students Brandon sorry yes brandon and I just looking at here and he asked
about the the 89 be bounces when the 34 is going up against the 89 yes I will
still take those and you can see here we've had actually two bounces off the
89 and coincidentally the 200 so I will trade against these it's probably about
a seventy percent chance you're gonna you're going to come okay now remember
the more 89 bounces you have in a trend the more likely you are that is going to
fail so definitely you want to take these ones but you want to be cautious
so further you are in a trend the more likely you are that they will fail so
we've got a 34b again we've got a t20 now so what do we do here traders what
do we do well here we can see that our two hundred is still heading down so
what does that tell us it's basically tells us and on a higher time frame we
have a very strong downtrend once again be very cautious in trying to catch a
falling knife you want to wait until it's hit the ground likewise wait until
the Train finishes and here we can see this trapped a lot of traders in to go
to alongside and it just bounced off for two hundred we actually ate a 200b and
a way it went just want to be really cautious here
here 200b 89 bounce 89 bounce so what do we do with these different t20s to
follow the ones if you want to be conservative go with the trend just take
these breaks these t20's that go with the trend but notice all of these
or most of these many of these will romp you're 21 ticks in so moving right along we
can see here 21 this is a 34 bounce and you got stopped on this one okay now
when you have a crossover and we're establishing a new trend you ideally
unless you're trading a t25 and I won't go into the t25 in this video but if
you're trading a t25 once again your trend direction you're using the eight
but otherwise wait for a pullback to your 34 which is what happened it just
happens to be unfortunately you were stopped on this particular trade and you
can see here come down we went up we had a pivot bounce and that's why I believe
it happened come down we had an 89b and away we go we have another t20 come
down pullback and what this is it's not a 34b and 89 bounce against the a
t89 it's rolled oh we come up with bounced once again you romped your your
ticks in there as well okay you've come down here that was actually only
bounced off for channel here you've got an 89 again 34,34 so trade is taking
these mechanically 34 that was touched by the channel ok you can see here
you're absolutely romping these trades in now what I want to now do is show you
the ES ok so let's have a look at the ES now or you may be wondering what this
time to represent that say another training session i'll be releasing time
of day trades if you haven't heard of time of day trades wait till you see the
session and by the way go to my website I because I'll be doing this couple of
specialized videos on time of day trades and you'll find a certain markets
particularly the ES there are certain times of a day when you could reel it's
on a spin of a top you'll see the market turn day in day out now imagine what
that means for your trades if you know the time of day trades and it's I was
teaching the student to this this these strategies face to face and he said gee
why don't you tell everyone all your students about this and the general
public they need to know about this well one of the challenges is traders is the
more I teach you that can become more confusing because once again this is
another tool you can use it's another thing to look at and I can find and it
can become confusing particularly for new traders once again because you want
to be learning one thing one strategy one set up when you first start trading
so I'm going to do some specific training sessions so if you haven't
already once again a new student go to my website register and you'll
automatically be updated on these time of day trades Now 34 bounce that hit
the channel by the way 34 89 200 okay you had once again time of day time of day
34 34 34 34 now this sorry traders this is the ES 1000 volume once again this is
fraud from today's action it is the 12th of the 11th or for my American
colleagues its 11th of 11th and you can't quite see the the timeframe let me
just um so this is 10:20 this morning as an example now all of this these are all
time of day trades you had a 10:20 you had a 10:06 these are specific times we
had a 9:52 and 9:42 and let me just show you some of these now just have a look
at this 9:35 9:42 a couple of minutes later it was I think
this was I what three minutes later its spun now wouldn't you lots in all of
these where you'll learn all of these in the course time of day trades does it
make a difference well it certainly does this a great tool to use however it's a
tool and as a new trader you can learn one thing at a time you don't have to
know the time of data rates but it certainly can be helpful so 34 bounce 89
bounce almost an 89 89 bounce 89 34 bounce this by the way is 9:09 this
morning US time exchange time so traders you can see here that we have trades
firing off left right and center now let me just remove the alligator for you so
we've got T10's t2s you know just a ton of trades so traders drop me an
email if you've got any questions make an investment in yourself by purchasing
the program if you haven't already done so for most students that are watching
this video I'm doing the time of day trades over the next start let's just
say three or four days I'll put a lot on at the moment and getting some great
feedback on the 34 bounce of students and also the t25's ok now the the latest
for newest to chat i'm about to put out this is for my students by the way this
will go straight to my students is the t25 some updates to that and a new
training video and i'll get that out within the next three or four days so
for those people love that in new welcome please go to my website drop me
an email invest 197 into my program i keep you updated every week i'm
delivering new materials now when I say that it's not changing their strategies
it's just enhancing based based upon feedback from students traders thank you
very much and the next couple of days we'll have some more videos out