hello traders its a samurai trade here I was about to record the training session
on the NQ some of you may be wondering how the trade went earlier this morning
over here on the left here I jumped in very early on this trade and it stopped
me out I exited minus two ticks which is 250 plus Commission now just one thing
about jumping in on counter trend trades this seems to happen well it doesn't
seem happens a great deal is that of course then you miss out on a lot of
trend continues which you quite often does you miss out on a lot of really
good trades so you just missed out on a really good 34b there however knowing
this market the ES 233 during the Asian session I do very very well out of
taking these counter trend trades but I rolled the dice I was wrong but also I
decided to wait or to exit I should say before my stop now as a reminder there
when you get in trade earlier if you do what I do and I put your stop two ticks
above your closest swing high or low here I only needed a five ticks tops I
was in earlier and it actually went down and hit +4 I don't know if I would have
been filled here because it went down and just just the tails went down to +4
it went back up within one tick of my stop come back down then started a
bounce and I could see then we were going to have a another 34b so I decided
to exit I'm glad I did because it would have taken me out up here you can see
this tile went up there and it would have hit my my stop up here so I got up
there remember you can always re-enter a trade and you can probably see over here
I'm actually short in a bit of a danger zone actually traders because we can see
here that the EMAs are all sideways um we are heading back down towards the low
of the day so remember I'm trading in the Globex market so this little pivot
low here I'll just see what happens I mean
it probably could even be safer if I went up there however my feeling is with
the pattern that I can see that we're going to actually come down lower and I
should have actually entered over here somewhere but I was doing something else
what else doing I was having a workout so I was doing my workout I missed out
this on this entry so I jumped in over here so after six ticks which is 750 on
10 contracts down here we'll see how we go now getting back to this so I dropped
250 there then I had a classic the revised t20 the Globex session I spoke
about on the Forex training session this morning so I jumped in there now the
market move rather quickly and I only got filled on five contracts so over
here I had another re-entry you can see here we had an 89 B when I become a 34b
you know I got a short 15 I then come up now this is virtually a perfect pattern
that I showed you on the earlier presentation today where I know that
pattern from garlic what's he sue name forgotten his surname
anyway you know that pattern in the PowerPoint anyway so you can see here
that it's come up bounced perfectly and I short it again and this was very very
sweet for me as of 17,91 after the loss less Still on commissions so it's been
nice starts of a day so over here I would not normally recommend a trader
I'm doing wealth of a day and it's going to be I'm going to do some trading
tonight so one I was willing to roll the dice a little on this particular trade
where was a danger within this zone remember on the earlier video today we
spoke about the 200 horizontal this is exactly what's happened so you can see
here the 89 to 200 you're 34 so we have got this confluence of all of these
EMA's this can become a real area of bouncing around
real area so that's always a concern now my stop my target 750 my stop is up here
that's two ticks above this little swing high here so I've got a 6 tick stop 6 stick
target and we'll see how that goes so what I'm going to do in a moment and
just a couple of trades over here so if we looked at the market kept down
slightly we had a textbook bounce t25 t25 you
really that was very very sloppy t25 particular if you're waiting for the
rule of to come down perfect 34 B so you would have had a really nice start to
the day classic now oh this one here only ticked
up bar three ticks so this here was not a good one but there were lots of signs
a market was coming to an end as far as the run goes so what sort of signals are
we got well we're starting to drop here Platinum's down below the zero line
long-terms heading down so a lot of signals will be very very careful
however this market is slow enough traders during the Asian session that
you can actually exit quite easily so we can see over here we're just sticking up
you know quite slowly it's not fast accepts if you want to get in a certain
price as I did over here it took off on me they got filled on so many but
overall it's you know it's quite easy to get in and out now there's been thirty
seven thousand contracts trade for the day so far let's just have a look at the
at the black gold today has been some incredible action let me bring it down
now for our black gold trade is our oil traders look at this here talk about you
know follow the gold it's it's been an incredible day actually so far today
there's been forty seven thousand contracts traded now what we're looking
at here is the eighty nine share during or volume I should say eighty nine
volume tradestation it shows as a share bar
during the New York session I jump that up to 350 and that usually trades really
nicely at 350 but during Globex the 89 works very very nicely so you've got
your classic t20 you've got your T20-1 there okay your first pullback very very
nice one very nice 34b what else are we got over here
okay then you've got a very very nice pullback 39b
sorry 34b another one you've got then your classic guard t20 we go up
beautiful t7 law that there and look at this fantastic angulation of these ones
what makes your trading day now if I remove correctly the rollover date on CL
it's every month but I think it's C third Thursday so I don't know why we've
got so much action so normally with Athens we haven't seen summits action on
the black gold so early you can see here classic 200b another 200b here you
would have been stopped on that one so it's one trader would have been stopped
on there but once again registered is firing off all over the place so for our
gold traders they're no doubt planning a nice holiday because their markets been
kicking but let's also have a look at the NQ 55 because what I'm about to do
is the training session that I'll be posting in the members area so remember
there's going to be two sessions posted in the members area today there'll be
the Forex session that I recorded earlier today the recap that will be
posted there for our forex traders however all traders please watch that
because I cover a lot of really good stuff today in that session we
applicable to all markets and all timeframes and I'm about to do a session
on the NQ 133 tick now what we're looking at here traders is the NQ 55
tick I recommend trading the 55 tick if
you're gonna trade Globex and we can see here we've had a very nice 89b
you've got a t25 t25 34B as well classic t7 then you've got a t20 there
you've got to pull back the nice t20 -1 which is also at t 25 you've got another
one over here once again though you've got this resistance on the 200 which is
classic remember you get more resistance when it's going to horizontal sideways
and what you do when it's trending so just something very interesting that you
see on daily basis so why my other trades is ticking around who knows it
could go any way any other way it could go sorry anyway one of the challenges as
I mentioned traders with that trade is that we're totally sideways on
everything so it's more of a danger trade however trading is a game of
probabilities and overall this payoff very nice for me so I'll just keep that
going and we'll see where it goes so this trade is just ticking around I
might just do a quick so we had one loss here shorted here for a winner
shorted here for a winner and we have a couple of shorts here for winners as
well now as I say here follow the gold maybe this one's ticking over I believe
it'll um head on down and deliver very very soon so trade is all of this of
course I cover in the day trade is fast track program or one thing I haven't
covered of course is a disclaimer whoops naughty me because this has meant for
members but I will post this in a general public area traders understand
the risk learn how to trade correctly and of course all trading carries risk
and it's about mastering a trade joining what we call the 5% club if you were to
know what sort of trader I am I'm a scalper get in get out get paid all of
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or stocks so while you can swing trade you can day trade sculpt the
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check for the red flag news announcements etc there are things that
a few things you need to do and as long as you follow the gold right see the
goal there that's the secret trade with the trend and you can mask the art of
trading so traders I'll wrap this one up but once again please get my ebook and
for my members now I'm going to now start recording the NQ recap we're
going depth on some questions that have been asked also we'll have a look at
Ricardo's study as he called called it trading 34B on sale like a monkey
I think there as a research report he was 83 84 % of the trades were
profitable taking everyone so we're going to talk about that as well so I'll
see you on the members video