good afternoon good evening traders its samurai trader welcome to a recap on
doing a live recap of the ES 144 it's Sunday afternoon in the US Sunday
evening and the ES 144 is most of my traders know it's a market that we trade
when the main markets are closed so we're trading the Globex with the ES 144
get plenty of volume patterns are fantastic and as you well aware patterns
tend to repeat themselves time and time again trading successfully really is a
pattern solving exercise now I've been doing some live training so hence you're
going to see a lot of lines on here but order to keep them on here and break it
down because it's just been a fantastic day and I had to run out to a meeting
and I just shorted the ES in order to show you what happened there in a moment
but let's have a look the market opened up this afternoon Sunday Monday morning
first round and you can see here let me just remove those two lines because what
we had here was a rising 89 EMA and we had a T25 that is we had two to five
candles pullback as we can see right here we continued up we had good six
ticks in that trade but then we started a reverse when we can see the reversal
through the t1 we've got divergence here on our platinum a natural fact over here
we actually had a t9 set up so you may and it may or may not have taken at T25
but for the 89 EMA that's the trade you probably would have been in but anyway
let's go to this trader here so we had a very very nice short just here we broke
down beautifully under the channel under the 89 EMA and away we go we had a
beautiful T11 now remember a T11 is where we have a lower high or a higher
low usually distinguished by a paint bar which plots automatically gives us the
entry now we can see here that paid off it also
ended up being a t10 which is a very very high probability trade we then fill
away we had another teach went we had a T25 here T25 we ended up having what are
we got here and this was a t1 and t2 so if your target was $200 per contract you
would have actually finished packed up gone home within the first hour of
trading today traveling down here further let's let me just remove that
line there but let's look at this one here we had another T11 with no paint
bar after you start to trade the t11 you recognize the pattern time and
time again and as I mentioned trading is nothing more than the pattern solving
exercise that patterns repeat themselves day-in day-out so we actually mark this
up as we were training here t11 no paint bar it also coincided with a t69
now see the blue line that is our trigger line when the trigger line
crosses through our zero lag as it did there as it did here what does that
distinguish around eighty eighty-five percent of a time it means a change in
trend so we can see we had a T69 that is where we break out of a channel it
confirmed by the cross we had another t69 a break out of our channel and I
know the chart is very busy for the new traders when we train you by the way we
remove a lot of these indicators and to start off one or two so you can see
you've broken the channel you've closed over the channel and the trigger line
and the zero lag here which is the science have crossed up here we can see here we
had it had a beautiful t2 continuous if it was a winner for good six to eight
ticks another one in here for a good six to eight ticks you're also at a t25 here
here here and here now let's scroll along a little further
and we had another t25 here ignore the counter trend traits really the only
counter trend trades that we really recommend and really consider t19A's
or the t89's just really you really want to really pick the best of the best
however as you hear me repeat every training session every market recap
become a master become epic at one set up my job as your trading coach i'm your
success partner and out of training now hundreds of traders time and time again
they kill it when they trade with the trend and they give it back when they
counter trend trade so let's stick with the trend traders so here these are all
trend trades then we get down here and i'm going to remove this line here that
was actually a t9 so we had a winning t9 on there lost there a winner a
winner now that's for our advanced traders but let's remove that for now so
we can make the tide of chart up what have we got here can you see the paint
bar what we've got here is a beautiful 89b bounce right a straight bounce off
89 and we had one over here so this t11 coincided with a pullback
and a bounce straight off the eighty nine as we've got here as every trader
knows we take every one of those here are a very very high probability trade
little over here i want to point this trade out just tear now and we're live
in the market we've got a t25 setup now notice here by the way
we're bouncing around on the 89 this is a what I call a danger zone we got a
roll over here our Stoke how long-term stochastic is heading down but it's a
danger zone why we're heading sideways and on top of that here in Australia is
3:40 the main day out of the the pre market opens up in Europe in an hour and
40 minutes so this is traditionally a very very choppy time but getting back
to this trade here I had to go out to a meeting
for now so here you can see my entries a TradeStation plots automatically you can
see there I went I went short you can't really see them up there it says ten
contracts these arrows plot automatically so I shorted the market
right here now it was before the candle closed which normally I'd say you wait
for the candle to close but once you recognize a pattern I had a falling long
term stoke my short term has rolled over and I knew with confidence of a good 80
85 percent this would turn into a t11 so I went to my meeting so I shorted the
market here sure enough candlelight it took a bit of
heat but over here when I was out but t11 the paintbar plotted in a way it
went now I was limited out here on the bounce
of the 89 for six ticks which 10 contracts is 750 gross before
Commission so it's about 700 and that $70 bit over that $72 per contract so
T11 we had a very very nice one there distinguished with the paint bar
and we had as when I was doing this training session for my clients today we
went long here pointed this one out I wasn't in this particular trade here but
we pointed out live because I was doing a webinar so he went long here
recommended along here a couple of things he ever pointed this out one look
at this we had a beautiful t10 setting up I had a cross-eyed at t69 or or a t9
I should say and sorry about all these t98 t2s and whatever you soon
learned these as clients you discover we have 12 key or core setups hence to make
it easy we will refer to them in in a code format but when you've got this
cross here of the trigger line and the ZEd lag and a close over the channel and
a kick up and we'll long term stochastic is pulling up really they're very very
bankable trades likewise when I get a slingshot or a t2
let me remind you what a slingshot is the long term stochastic is well
oversold the short turn comes down forms a
slingshot and ping up it goes it just happens to be also that our zero lag
turns cyan and we get a t1 these are very very
bankable trades so at the moment we can see here we had a t25 signal a t25 is
where you have two to five candle pullback but what have we got here we've
got the 89 EMA is going sideways that's why I didn't short the market here on
top of that the free market the European markets opening very very soon and the
volume being traded right now is very very thin so I wanted to really point
out this this t11 before I went out i shorted the market before I went why
because I've a lot of confidence and as I mentioned the more you learn the more
often were more screentime you obtain the better you become at picking the
patterns and remember it's all about solving the patterns now a constant
question and I would probably now get 40 or 50 miles a day is why do I train one
or two straight well trading trading on its own can be boring
as it can be lonely trading is actually made me a much better trader there's an
old saying he who teaches learns twice and it traders there's nothing more true
or saying it is so true my trading has gone through the loose through the roof
part of me through the roof by training other traders so I'll wrap it up now and
I'll be doing a recap of the FESX from Friday night very shortly and it's now
Monday Monday here Sunday as I mentioned early Monday morning over in the US so
it's been another very very successful day so for the US and Canadian traders
that wish to trade after hours the ES 144 tick using our core trade setups
it's just fantastic market follow the trend that
is follow the channel and the 89 EMA and leave the counter trend trades for the
specialists Thank You traders and look forward to catching up shortly