hello traders I've just entered into T20 I'm short ten contracts I'm better
gotta break even because I've already ticked down five don't you bounce up yet
let me get you down one more so damn it's some jump down the five ticks very
very quickly so my bounce back up and take me up but I am positive one ticks so
you can see here I've gone in damn it order filled so I got that basically
there at plus one tick covered brokerage so you can see here T20 so hit
plus five drats now well let's say go back in
again on T25 in a moment in which we've got right now order
filled there we go now what I've got here
traders is a six ticks top
so I've got a 6 ticks stop here they'll remember quite often though we get a lot
of pressure and a lot of bounces off the t89 so you may very well have an 89
bounce down here so you can see I have a target under the t89 however because we
have such a strong run we've had some very strong divergence I believe we will
carry through remember trading is a game of probabilities so I'm behind by one
check at the moment so I'm two ticks above this little swing high so got a
six tick stop with a six tick target
now of course here on this particular trade if I had of not put my stop down
we would be in the money in a moment however I have a rule that once hit plus
five I like to go to break even plus one because I'm a scalper and we're scalping
I'm in and out in and out that's just my trading style
so for my students you can see here that we've got a t2 to set up as well so I'll
just put this on hold for a moment where you give you a little follow through
just a few more ticks stand please and this will deliver this is my 1 pm.
turning point just here come on now once again my trading really so I've got to
go down a break even my luck would we come up and take me at a plus one again
shouldn't say my luck I've generally got very good luck but of course we're
always open to 89 bounces here
come on one more tick please drats there we go again
order filled unbelievable traders one
two okay so that it was at it plus two ticks nevermind
so this first trade was a t20 I then into the in on T25
now we can see traders we've got to bounce on this 89 we've got a t1 just
set up there so go to bounce which is fairly difficult on our way 89
bounces new traders I've just got some things happening on the NQ I need to
keep an eye on but just one thing here see this double top there are fairly
reliable on the es as a reversal trade so you can see here I here
why here so technically you've had a t 19a and this would have been paying off
very nicely for you so try to suggest sent it in here on a tee here we go
water bill here we go on a t25 and that just filled me therefore rum that was
very quick wasn't it order filled and that was a nice strategist head on
the NQ as well so I just had 10 by what's that $75 that's right
10,75 this is less brokerage of course so that's 750 on that little trade so it
was a t25 I was busy on the NQ and missed that one and there were some
other great trades here you had dumb T89 bounce there of course you had a t20 you
had a t1 and T 25 and I jumped on that T 25 just here and you've just had another
one just here and these are of course were all T2s as well one of the
questions I'm asking two regular basis what's my risk reward it's always or 99%
of a times once won at least so we can see here I've got a counter trends trade so
I've allowed a little extra movement so well you can see where I shorted the
market up here so I'll add a six sorry an eight-ticks stop from the
Six target now there's a good chance of course I'll get a bounce off the 34 I
have a feeling based upon my indicators and my market knowledge that we're going
to punch through so got a target just above the 89 EMA so we've got plenty of
room to move here now as with all new traders I recommend that you don't do
any kind of counter trend trade there is no need until you're profitable to be
counter trend trading just trade with the trend that's a lot easier lot
stress-free now here also we've got a t20 setup of course I'm already in the
market here so I'm going here for seven ticks which is 875 down here so just put
this on hold or will I go just put this on what this just may take a few minutes
so what we can see here we're hovering around this 34 EMA so it means you're
just hovering around here we're about to get a t10 setup and the t20 so you can
see we've right on this 34 which general excess support resistance hopefully we
just punched through it's looking good my long terms heading down I'm about to
get a roll over I've still got what I've got there still
four ticks to go
but this will be 10 by 87.50 open Locker see my trade putting this in advance
so trade this is purely a numbers game when you understand your probabilities
and this is why I go on and on about keeping statistics when you understand
the probabilities it gives you confidence in taking your trades
flawlessly and taking every one even if you know what this remember you only
need to master just one of these trade setups and you're well and truly on your
way so you can see here we've had T20 set up there right there okay
my target is on front-running the T89 there we go
order feel we go so it was eh eight hundred seventy-five dollars there
how ever new traders you would not have taken that trade because it's a CT trade
you would have however taken your t20 just there and that's also a t25 at the
same time and it's also a t10 so that would have delivered right now your six
ticks for you or you can use your EMA a to be a runner so remember you can
always use these the EMA a so if you had have taken this 34 bounce all this t25
look at this here you wouldn't know they set it till right up there that's your
trading for the day now where my goal is 400 a day per contract you're gone I may
be 100 150 200 well you can see he just in his time period in the last half an
hour you would have already hit your daily tight for the day if you had have
taken every trade mechanically that's we've got to be very careful as you do
trader or so that you don't cherry-pick your trades it's okay when you're
profitable and you really know your stuff that's okay just hit out it's
right but just be cautious that you're not sitting at a trade because of
emotional reasons
okay so I've just entered at T25 just here and we've already ticked down three
ticks I'd set for some after six ticks on this particular trade on a t25 come
on come down okay so I now go to break even and I'm about to be fill orders
filled there we go so that was another ten contracts oops let me get this right
okay so what we had was ten by once again seventy-five another 750 so I'm
well over my two hundred dollars just on the ES now I'm up what said it's hard to
tell because I've got trade results mixed with my NQ but it's about two and
a half thousand dollar 250 or contract on the ES in what is that traders that's
about thirty minutes so script winner they'll win a small winner break-even
let's call it breakeven winner nice winner nice winner T25 winner so for
those watching my videos for the first time and even my students you see that
these are very rules based trades they work on ES they work on the NQ YM if
they work on CL which is of course of black gold oil they work on forex it
doesn't matter stocks it doesn't matter what market you're trading these setups
work the only thing that may vary traders is the time frame whether you
use range or check or time-based chance so they're sort of a variances that you
may get and what is really important here of course is I've just taken three
or four different types of trades and just the reinforces again because I'm
about to finish this video is that become very good at one form of
training for an example I got some traders at love for t25 well t25 traders
you had one two three four five six seven these are all t25 and you've
you've romped in over two hundred dollars three hundred four hundred
dollars for the day per contract if you had have taken every one of those so
trading doesn't have to be difficult and remember after thirty forty days of
doing this on the simulator you really start to develop confidence and you may
notice we indicated in the bottom I'm not even using that this is to a double
smooth indicator all I'm simply doing is looking at pure price action here and
you can see here we've just got t25 and a t1 and a 34
bounce all setting up all in once here so your target here on this one will be
the two hundred two hundred EMA down here and this is probably going to
deliver so very good bounce point and of course I was talking wasn't in on this
one will just give us a minute now what's our volume like today we saw
we've seen on the ES by the way this is the ES 1000 volume we've seen around 1.3
million contracts traded so we've had some healthy volume today it is down
under in Australia of sixths of the first so it's the fifth of January in
the US. so traders I'm going to sign off here because we've been going
fifteen minutes and I'm gonna go do some more trading on the NQ and the reason
I'm doing so many now on the ES of the majority just many many of my students
love the ES for trading and one of my institutional clients with the prop
trading we're doing is purely ES but they're not back on deck till next week
so I can keep focused on my NQ by traders I'll put this on home I'm just
got to put up a couple of slides that I'm required to do by law
of course traders say you need to understand the risk when it comes to
trading please they're not trade with money you cannot afford to lose gain the
right education that's probably the most important thing you need to learn is
learn how to trade correctly and we can do that excuse me
in the day traders fast track program I'll give you full email support early
this year we will be launching a live trading room where you'll be able to
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program traders go to my website please register and let's have a quick look
like an almost guarantee yep see this here we're about to deliver on this
trade over here took a bit of pressure I become that was a t25 by the way in a
thirty four bounce and let's just quickly see what happens down here
usually you'll find very strong support resistance around this level here they
remember these are all rules based strategies I'm talking to you about very
mechanical so if you haven't already registered on my YouTube site please do
invest a hundred and ninety seven dollars in your career and by the way
the 197 that's what keeps me doing all these updates I trade because I love day
trading that's where I own my income I do the training because you as my
students make me a better trader and let's have a quick look there it is it's
delivered now okay that was a t25 and you had another t25 here to trade
entries how difficult is that thank you traders