hello traders its a samurai trader here it is 9:17 pm. on a Wednesday evening here
in Australia and so we've put a couple of hours before the US market opens but
I've just come back from dinner with my family and I've just put a trade on very
very quickly I walked up and saw a couple of nice trades we've got a lovely
trade sitting up here on the NQ 233 Share bar and I've just shorted the
Euro stoxx 50 the FESX 550 so just pull that down I'm already in the money
a little bit just one moment
so I've just shorted this I might if this to come down and hit 24 which is
just down a little lower here with another three ticks to go and you can
see I had a little love little double top rate divergence here one thing you
to watch as you can see here price action is above the 34 of way up
remember the trend is your friend and you've got to be very very careful about
the false entries even when you do get t7's as you can see here but this
is the it's been failing for a while now ignore this little indicator down the
bottom here come on on two ticks enter the money now by the way six ticks is
660 US dollars on 10 contracts or $66 so let me just quickly flick over I just
want to see how I'm going okay now here we go whoops I've been a little let me
just get a trade in here order filled now I've just short of 10 contracts here
on the NQ 233 now actually got in a little late so let me just organize my
trade I'll just be one moment okay so I'm Nearly in the money a lot
while I'm already well in the money now this is a thing where I and let me just
drop this down another couple of ticks I'm quite happy here to go just above
here I'm going for 16 ticks just above the 34 never 34 of course will offer
great support so I'm not too far off that and I'll just check and see it
bouncing around here now of course we've got a lot of things happening in Europe
right now with the Greek situation so you can see I'm bouncing around
I have across the zero line now what may very well happen here is is I come up
and this turns into a t10 so what I'm gonna do I'm gonna lift my stop up a
little now by the way the obvious area and I'm gonna do this is for my stop is
two ticks above this little swing high and let me just go up another two now
this is a really wide swap sorry that's right it's gonna get this right here now
this is a really high stop now remember our risk reward has got to be a minimum
a minimum of one to one so what that means is that I need to to have a 20
tick let me just drop this down a 22 tick chart target here which is below over 34
now what may happen here this may very well go up and hit the upper pivot it's
a strong possibility remember we trade quite often pivot a
pivot so let's just see what happens here now see my short term we've come
down or in the oversold area and this may very well punch up and turn into a
t10
we are live just patiently waiting let me just just a just is for a moment
guess what I want to do is just check I can't get a high of 71 41 75
it's five it would be so my stop is actually mr. grill of having my stop a
maximum of two ticks above a high here but we've got some incredible volatility
at the moment so we're just patiently waiting I'll just put you on hold for a
moment I'll see what happens here so trade us what you can see the trade
station actually plots my entry which is here I got in very very late in this
particular case because I was yapping about my other trade so we're really
expecting I've got a very large technically profit target because I got
in so late however zero lag latency up here has actually rolled over
we can now see that we have our short term is now rolling as well or about to
roll so on 10 contracts this is a $12,0000 profit target however my stop was also
1,150 so got a very large stop rent now remember I work on a minimum of a one to one
bare minimum ideally you want a 1.2 to one wrist award and the reason being
you want to cover your brokerage if you're working on less than that you are
going to lose in the long term just the way it works out now I'm going to put
you back on hold because I want to check my trade on the Euro stoxx 50 just a
moment
okay so we can now see we're now rolling over for a t10 and I'm going to short
another ten contracts order filled which I've just done because now sorry if it's
my wife in the background I'll just put this on hold for a moment there we go
this is what we call recording live real and unedited traders my wife talking
away in the background there so the reason I destroyed it a further 10
contracts is one my money mentioned rules and secondly let me just move this
along sorry is we I love my t10's as you know and so we had a perfect T10
in here we just come off a t89 and we've now got a perfect t10 setting up
we're very very close to hitting profit target I haven't hit my profit target
mine it started mind you it's starting to move very nicely on the FESX
come on keep dropping
we will get there very confident miss traders and a couple of things I love
these little rollovers see how the short terms are rolled over here formed at t10
I'm below the zero line on my platinum get in close patiently waiting now
notice these pivot bounces by the way we had a lovely pivot bounce up atop here
we now we had a pivot bounce here we've come up the top here we let me just roll
along a little here pivot bounce just here we had a pivot bounce here and I'm
just waiting to be filled on these two trades getting closer and closer now
just on these two trades alone this is my profit target for the day I'm after
$200 per day per contract now your T89 I already would have been filled and while
trilling the money on this particular trade but as I mentioned all those
within very very late I should have been in seven or eight ticks earlier it's now
bouncing now the reason this is bouncing is that notice how it's come down and
it's hit my 34 EMA my yellow line here is 34 so this for 34 generally provides
some really strong support or resistance here it's support now let's have a look
here it could be very careful of this come on punch down so down here you can
see we had a t10 live alongside t2 t2 but I only just got home from nice meal
with the family I don't know if I've said that earlier and just saw these
couple of trades or this particular one that's here t89 and the the T89
on the Euro stoxx 50 just waiting for them all to bring the bacon home as
they say getting close getting very close
order order feel punched through on both trades now okay it's very nice is still
waiting for the FESX to deliver so what I had here was a t89 that I got into
very late because I was talking should have been up here and I had a very nice
trade here I had a t10 long-term stochastic rolling over short-term
rolling over there just two trades alone I've hit my daily profit target and
still waiting for my FESX to deliver could be some time so trade is
I'll sign off on this one little short trade me for just go back and just look
at a couple of other things now this is the 233 volume now of course we can see
here when the markets closed it reopens and we head down here we had a T2 T2
you had a T2 here you're very close to the pivot pivot bounce pivot bounce
pivot bounce now this pivot bounce okay you remember you're waiting for your
zero lag to roll up now if you don't have a zero lag you're waiting for an 8
EMA a now one of the rules that you use of course is your 34 EMA if price is
above the 34 you're after longs only if you're below over 34 shorts only it's
just a good simple indicator of trends
so traders I've just shorted on a t25 we can see a one two candle pull back we
can see a zero lag is dropping I'm about to get a further or another t10 so you
can see here my stop at the moment is one to one I'm gonna drop that now down
a little better than that then 700 we can see here that usually when you have
this breakthrough on the 34 it'll really break away very very quickly as it's
doing now so we'll just wait so this is a t25 and also a t10 and you can see the
t10 form just there on this candle here and see the crossover getting very very
close now we are bouncing around I'll just put this in a halt so we're not
sitting around for quite some time
here we go we're nearly there nearly there come on
deliver its a by the way 9:41 pm. it's my time just about sign off I just
wanted to show you so what we had here was a t89 once you got in very late as
I mentioned we had a t10 lovely t10 we're in at t10 and a t25 right now
trade is if you want to know more about my trading please drop me an email and
you can purchase all and by the way we're about to be delivered here on this
euro Stoxx 50 trade that was order filled order fill one filled on that one
so I've just been filled for six or seven ticks on the Euro stoxx 50
I've just been delivered there for what was that $900 how many you ever ticks on
the NQ so it's been a fantastic night and with that I'm going to sign off so
in finalizing that traders I just had four wonderful trades in a row using
some of the key strategies that I trained for $197 of course you can
obtain these it's now actually over well over 8 hours of online video instruction
plus over 5 hours of recorded live trading sessions so please drop me an
email if you'd like more information on how to day trade as most of you are well
aware I love to be in and out of a market within an hour or two I've just
basically now just hit two days profit within an hour so please drop me an
email if you like more information thank you