hello traders its a samurai trade here welcome to our recap of the FESX 1000
sharebar the resale of is market of course it's the main futures market the
trades are one of the main ones are trading in Europe it opens up at 9:00
am. at London time and it's fantastic volume at virtually as you've heard me
say in other videos the recordings of virtually models a e-minis as far as
volume goes the only thing is its personality is very different and it's
something you hear me say on a regular basis that every market has its own
personality the market trades in points and one point is 10 euros and it seems
to move a lot slower so here on the 1000 you still get plenty of movement because
you turnover typically anywhere between one and two million contracts per day
but it does move very differently compared to the ES and it's a fantastic
market to trade when it's trending and how do we tell when it's trending we use
the 89 EMA so if we look to the left of a chart here we can see from last
night's market and by the way the market opens up by the pre market opens up at 8
am. in around 15-20 minutes then the market really kicks off at 6 pm. US
time no sorry history in time so if we have a
look here we've got a beautiful t1 so the market opened up approximately 26
minutes after the market opens in the pre market with a perfect t1 form now in
this particular case I know this market very well and I was about to go out for
dinner so I jumped in and sculpt 10 you can see there on the screen there 10
contracts so I sculpt there for 5 ticks so I got in very very quickly and
actually let me just confirm it 1 2 3 you know I don't remember last that's a
long time go 1 2 3 4 sorry four ticks i scalp the market for on 10 contracts
those are very nice into the day after a great day yesterday
as those who watch my ES videos will see we had a fantastic trading day
yesterday with the after market the Globex trading the ES 144 so back to
this t1 normally speaking you would have been in and all new traders please
please please wait for this to turn this magenta before you answer so I got in
two ticks earlier so you would have seen when the main reason was I know the
market well and I was in a hurry had to go out and you can see it roll over
there down here we had another beautiful t1
entry here your entry would have been here I was out by this time would have
been out on this candle that was great for four five six ten ticks and here in
this particular case you would have been aiming for the pivot the pivot as you
can see here we almost have a pivot bounce down here up here our entry would
have been on this can another pivot bounce even though it went through but
that's would have been your first entry to bring your stops right in now here
I've got here CT can counter trade traders or divergence traders beware is
that in a strong move and we can see here the market really moved down
strongly counter trend traders are going to get stopped time and time again and
that's why I recommend trading the t1 is the best and when traders email me and
ask me and training courses and the webinars what's the very best trade
setup if us to follow one and do one only the t1 with trend using the zero
lag to confirm the trade now down here we had a third signal at the bottom here
and this t1 was rising against and this is very evident rising strongly against
the long-term stochastic be extremely cautious when it happens ladies and
gentlemen because time and time again you're going to get stopped on these
you're going to be very very careful when you get these strong rises on top
of that this somebody else who gave it away it was a bad trade what is it look
at look at the platinum notice how we're right up above
zero line so we've crossed over the zero line so his warning signals everywhere
what if he did take that trade well and quite frankly if I was trading live last
night I would have taken that trade the other signal was here that we had a
beautiful T11 right in here let me just put this in here so we're lovely T11
and that was also signaled by let me just go here buy a t10 entry on the
signal for t10 and a T11 money in the bank trades they're just fantastic trade
so who you we've had and let's call this one because in a fast moving market I
probably would have taken that one so one two loss to another winner but then
we had another beautiful T1 signal here even though we're above the channel and
some may say this is a counter trend well that's not correct because 89 is
moving down strongly we're rolling over left right and center
my Platinum's rolling down it was a beautiful trade and then it is fire off
left right in the center look at this t1 t2 t1 t1 that they're firing off left
right and center here T1 this one this particular one here may have been unless
you brought your stops in may been a loss for you and the reason being you
pullback pullback above before you picked up your three or four ticks which
is what I recommend but then you had an 89 bounce
remember your 89 EMA bounces and you can classify that one right back here is an
89 bounce as well our money in the bank trades you want to take your 89 its very
very good and then it went away that's sorry it fell away beautifully for a
winner down here notice this period of consolidation here you've got here not
saying you would have jumped in here because you're experienced counter trend
trades you're experienced traders would have been in on your zero lag sorry on
your zero line cross on your platinum here you're
crossing over look at all that consolidation then you had a t89 now
89 has still been heading down in a downtrend here what makes it t89
notice here we're well above the channel and see the channel there we're even
above paintbar is above the zero lag here and so that really signals a plumb
t89 trade for a nice short we then had another t89 back up again once again
we're well under our paint bar is well under visit zero lag and away it goes up
we go now we're starting get some sideways action here so traders be very
very careful very cautious when you're seeing the side action here sideways
action in your 89 there is one thing that formation here it turned out and
turned into a beautiful double top now this is your classic c7 let me just mark
it in there classic t7 trade there t7 see our to paint bars and look we're
about to have a zero line cross on the platinum and away it goes it falls away
beautifully let's scroll along quickly here and we can see another beautiful t1
you had a vision paint bar you had a t2 a t2 of course is when you're the
long-term stochastic is well oversold we have a slingshot effect so the t2 also
known as a slingshot away it goes and you had another one here so that was
they both delivered a good for 5 ticks each then he had another beautiful t1
here and you had another T t1 right here and actually I know you would have had
to wait there you had a t2 formation there and a t10 so see you t10 you
falling away you've crossed up through you've turned over so that made it a t10
but for me I would have still been in that trade there anyway then you have it
a very very nice a pivot bounce down here for your counter trend traders
so trade is an incredibly successful night trading the t1's with the
trend now for those that trade the T89's and that there by the way would
have been a t89 there as well sorry just just here that would have
been a t89 as you hear me go on and on about this every day
focus become a master at one setup before you move on to others you t1's
it's really comes down to being patient now there you would have been sitting by
your screens four or five hours but wow what a successful mine four of those 2-1
trades at four ticks each you you've banked the money mums very very happy
and so his dad you've done very well so I look forward to you watching my next
recap please keep sharing your success stories by the way we're getting some
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