hello traders its a samurai trade hear welcome to this training session in this
session we're going to be recapping some trades that were possible trades or
setups for Thursday the 19th of the 11th down under here in Australia
and as you're about to see 5pm US time exchange time the the market closes for
a period of time and reopens at 5pm and there's some fantastic trading
opportunities for those that live in Canada the US it's perhaps a little
early in the morning for our European friends but for our us friends are some
fantastic trading opportunities and another great thing about the US market
after hours what we call the Globex market is it's much slower gives you
more time to think now got to be careful when I say that more time to think and
make sure that you're analyzing your rules and you're applying the rules not
to let head stuff bad stuff get in and affect your trading so rebet to have a
look at some of these trades now if you're new to my videos please stop and
have a read of the disclaimer for an example you don't trade with the rent
money very very important get the right education also if you haven't already
done so on the bottom right hand corner of your youtube channel there you can
click on the button and it will go to full screen now a couple of things I'm
going to be showing you here is a number of these trades that I've got listed
most of these trades are trend trading trades they're very mechanical in natured
a very rules space this two of them the t20 which is the money on the floor and
the t20 sorry the t10 I should say and the t20 it's been a long day traders are
basically both that change in trend trades and I love to see a t20 for before I
take any other trades with a trend it's just a nice confirmation that the market
has changed so i'm going to show you that in a moment now
I got a really good email from a potential student in I'm not sure where
this gentleman is yesterday and he said in my videos initial I used to talk
about two hundred dollars a day per contract and now i'm targeting 400 a day
and also i've gone from targeting 12 to 14 ticks up to 20 plus ticks why is that
we'll trade is I only day trade two to three hours a day maximum and I fine i
generally hit my target within the first 90 minutes of trading hitting 200 plus a
contract so I've set a goal and I'm sharing with traders my journey of
hitting 400 plus a day now to do that is it easier to have or to execute eight or
have eight winning $50 trades or for 100 dollar trades it's a lot easier of
course if you are less trades but to do that I need to increase my targets and
I'm going to show you some things on the chart how to do that now I've been a
scalper for over 23 years and a scalper traders is we typically get in there and
jump in there and and take 5 to 15 ticks off the table we're in and out we're
in and out and let me tell you it's it's a real challenge to change that to stay
in because the great thing about scalping is scalpers we are what we call
momentum traders that is we're in and we're out and we like the market to move
and one thing I don't like which is it's really ingrained into me really it's
when the market stalls and what I've discovered is the ES as an example the
futures market usually will move six ticks quite often six ticks maybe eight
then it has a retracement or a pullback and the NQ is not too dissimilar and
by the way traders what I'm about to show you on the charts here works on all
markets with your forex trader or whether our futures trader really
doesn't matter so I'm going to show you some of these trades which are very very
rules based but the biggest challenge I have all received in emails and
talking and dealing with traders North being involved with traders now for many
years and trained hundreds of them is discipline that is the number one thing
and I say to every trader are you keeping a trading journal if anything
the most important thing is to work on your self number one and trading number
two for those that are new to my videos this is a poster I've up in front of me
as a reminder I am patient I am disciplined I'm focused I'm a sniper one
shot one kill on the rules-based pattern trader and I am really getting tough on
myself I'm even taking counter trend trades unless it's a brilliant t89 and
that's the thing really I suppose the greatest killer of traders is counter
trend trading try to stay away from it the best you can now all of what I'm
about to show you is comprehensively covered in my fast track program the day
traders fast-track program it's an investment of only a hundred and ninety
seven dollars you get over 20 hours of recording over twelve brilliant
strategies for of them are absolutely stunning and you'll never need another
strategy again I'll give you a full email support and of course some if you
want I do coaching as well but one thing before I do the one-on-one coaching
you've got our own the day traders program for 30 days because you've got
to understand the setups so without the do let's go and have a look at some
charts so what we're looking at here traders is this is a 5 pm. chicago time
okay so exchange time and what we've got here is very we've got a platinum we've
got down here two different types of stochastics and we've got a whole range
of trading opportunities now so if we look at where I am now my time now from
that time still here that is what's at three that's a four hours or five hours
now six hours in that whole time or there abouts so you can see it's moving
fairly slowly now one of the advantages compared to say during the day for us it
would be five of these pages here is for a newer trader it's really good for you
to read your rules set your trades etc so what do we got happening here well
down here we've got a t20 now to give you an idea on the market today with
t20s on the ES 1000 there were row let's see on t20 he's were of
43 t20s today let me say in the last 24 hours a full 24-hour period
there were 43 11 losses 32 winners and it's just and that's pretty typical day
in day out and for yesterday there were run seven losses for 37 wins so the t20s
and you've got one right here to go to the long side and you've got one to go
to the short side it's a solid really robust trading strategies but at times
you're going to have two or three because of a nature of the beast two or
three losses in a row but it works really well what we've got here we've
got a tube we've got a a 34 bounce 34 34 34 34 34 you've got here you've got a
t25 a t25 now traders getting back to the email I received yesterday and once
again I welcome emails and questions from if you've got any questions please
email me is it these are very rules space never t25 is the floor traders
strategy that's not the pivot trading strategy it's the old floor traders use
this strategy for many many years it's a rock solid strategy a natural fact I
look I waiting the comment now received an email from a client last week saying
that a student he basically said look for t25 is absolutely brilliant it's
stunning from a five-year veteran he just loves the t25 and it is it's a
great trading strategy and the psychology is with the t25 you waiting
for pullback it's very rules Base waiting for pullback and this was
actually a t25 here we've crossed under t25 t25 and going here you've had a t20
another nice winner so we have had one over here one two three t20s at winners
34 bounces winner winner winner winner winner and one down that winner traders
you would achieve exactly the same results and there's one thing here i
also want to show you as a warning to traders and i know that over seventy
percent of the traders that purchased my program are experienced traders and one
of their biggest challenges is counter trend trading and for new traders
traders stay away from them until you become very experienced on my videos
i've got a hundred of videos now on youtube i have what i call the t89 and
there's one up here I now known i rarely now mark them up live trades for them
because what i found was my students trying to replicate them and making
mistakes but t89 is a brilliant strategy it works a kick spot day in day out but
you've got to know it and you can get false signals so what i want to show you
is this look at this false divergence higher high on price lower low you would
have been stopped lower lower again higher high barely four ticks in it and
your wrists rewarded by the time you put your stop 1 or 2 ticks up here and you got
your entry you probably were only picked up for two it wasn't worth the trade
okay your t89 was that was great but you need to understand and you don't
counter trend trade until you are profitable with your trend trades now
look at the yellow line you're only going to take trades in the direction of
the yellow line you'll hear me talk about there are two rules i'll talk
about the rule of two and the rule of three first of all the rule of three
once you have more than three a decent trades in a trend you want to
be really cautious one two three yes you'll get strong trends with our really
run but you really want to be more cautious because quite often you'll get
this scenario where you'll get a pullback here you're only had 1 2
ignoring the t20 trades so trade is that there are great trading opportunities in
the futures and forex markets 24 hours a day you've got to learn rules-based
trading methodologies traders you can do this but it comes down to remember and
i'm sorry if i repeat myself once again repetition is the mother of learning
you'll hear me say this time time gown again wax on wax off if you're going to
trade your 34 bounces you need to trade on the simulator 100 before you even
consider taking a live trade and you master one set up my job is to make it
profitable my job is to slap you around is to really be candid with you and say
traders is where you're going wrong because too many traders have lost too
much money and they had the potential because traders what I'm showing you
here there's probably six or seven winning trading strategies there which
win day in day out who lets them down you do for trader by not applying the
discipline for an example when you have a t20 you're only going to take trades
in a direction of the t20 so here I'm only looking for Long's here I'm only
looking for shorts over here I'm only looking for Long's there are rules that
traders break every day anyway traders hopefully gives you some ideas there are
fantastic trading opportunities every day I do this because I day trade every
day i love trading and i love teaching so if you've got any questions please
drop me an e-mail visit my website invest one hundred ninety seven dollars
if you're serious about trading i'll give you fully
support of his I put out two or three new videos every week so go to my
website subscribe to my channel I'll send you my free transit at training
video and my free 160 page ebook traders thank you hope by you got some benefit
over this video