hi traders I've just entered in an on going orderly fill there we go we
already got filled on that one so I've just taken two quick trades I I'm just
going to go for for winning trades $200 the contract this morning it's a
beautiful Tuesday morning on the Gold Coast here we're going down the beat so
I just want to quickly snap in some quick trades it's and what time is it
here it's 5:09 am. so just took a t25 here for six ticks over at 750 dollars
on 10 contracts and I just took a quick t25 also here for 6 ticks and we'll just
wait for a couple more so we've had some big volume today some big volume we've
seen so far it's only one 10 pm. and the US time and we've already had one point
seven million contracts trade hands so down here at a couple of good trades
here but as I the comments I put here is very fast market the markets been moving
very very fast just when you have that by the way one thing you might like to
do is increase the time frame so here we've got the 1000 volumes have so you
may consider say 15hundred or even the 2,000 in fast moving markets like this so just
put this on hold as we wait for a couple more trades the end traders you can see
here it's about to jumping right here on another t25 and bang the market just
so it's also a yeah a t2 as well and the market just ran away right up to the
upper pivot here so I'm a scalper so I usually have a set profit target but we
can see here I kind of put here as target your pivots because usually
you'll see price will travel from one pivot to another so for those I want to
perhaps trail user it EMA or target another pivot this was also by the way ended up
being a 34 EMA bounce this is where the
in their strong moves the counter can counter trend let me get this right
counter trend traders get absolutely smashed in these fast moving markets
also gets back to what I preached over time is stay very focused like here as I
mentioned just missed out on this t25 I was in doing things I probably would
have jumped on that one we had another one down here so stay very very focused
when you trade in particularly in markets like this you can hit your
target within 15-20 minutes $200 to $400 a contract and you can call it a day so
we'll just I'm not going to take any counter trend trades so we'll just wait
just for a trend trades today okay so I've just sent it here on a t20 now you
may very well good a pivot bounce here so we'll just see what happens to
traders it could be stopped on this one I got in fairly early and we could very
or bounce off his pivot so just see what happens and maybe a stop out
probabilities are that will follow through
one flap my ticks so I got a perfect t20 there we go order filled here we go so
that was a perfect t20 so that's three out of three so that was also traders a
t10 and a t20 we've come down we've hit the 89 so it may very well get a bounce
crazy market crazy no this is just where you want to really be careful it's great
on the profits be but your losses come and if you're not trading correctly as
well
I'll just put this back on whole traders there you've got 89 bounce just set
up as well I'm not going to take this one I'm going to wait for a more
definite trend just watch it'll probably take off now not on it but just with
this crazy mark and I'm gonna just go on the really very very high probability
trades today this is an area traders we really want to be careful we'll see
where you've got your 34 your 89 your 200 or convergent so if traders ask you
where ever year is you need to watch this see now let me just explain this if
this t89 works out our target will be the upper pivot well I'd strongly
consider you consider yeah give it
okay so for my t89 traders you would have been up three or four ticks on this
t89 right now sorry not t89 89B I should say 89B let
me get my facts right
yep so up a target the previous pivot high tread so would have been another go
down and put the board on the car and go down the beach had it taken this one
would coulda shoulda
anyway I really don't like doing these live recordings cuz I never know what to
talk about half the time so let me just stay focus I'll put this back on hold so
traders to assist what I mentioned on this 89B earlier there it is it's gone up
exceeded the previous one high so that would have been very very nice one also
you just had a 34 bounces as well so I'm just waiting for a nice clean Trend trade
so I'll just put the video back on hold so just as a quick recap it was 10
contracts by 75 less bro rich 10 by 75 t25 t25 and a t20 traders I'm
probably gonna wrap this up because that's two hundred and ten dollars net
after brokerage in those three trades in less than 15 minutes it's a fast moving
market as I just said done in very fast moving markets increase your time frames
but trade assists were really gets back to using your simulator the great thing
with modern technology today of course we've got our a profit is already set
unless you're trailing you'll stop which is really easy to trial you're stopped
as a scalper most of my trading I've set profit targets so once it hit sets it or
once I get below one or two ticks of my target I'll go to break even plus one
sorts of free trade effectively then so in markets like this we can see it
moving very very quickly it only takes a second or two to put your order on it
doesn't take long at all so it's something that you do get used to but it
comes back to using the simulator practise on the simulator and as you
hear me say time after time 100 trades on the simulator bare minimum now what
we do have here is um your head up here up my dimension yet another t25
up here now you've got an 89B right here now now if you've taken this 89B
of course this is a recording sit you know seriously your target would be this
swing high up here so I'm really liking these 89B's for higher profit
targets so let's maybe just see what happens here for a moment now of course
you've got a lot of resistance e I've got your pivot we have poked through
Cygnus either pivot bounce there see the pivot bounce there so let's just for my
thought I call that a t89 again 89b sorry traders so for my 89b traders
look at this I'm really liking these 89b's now you'll hear me talk about
the front running all the time front running is where you want to have your
stop or your target one or two ticks below a previous swing high or low so
that hit we've been one tick okay so it may very well turn around and keep going
but here you may have got out there hit your target
but either way what have you got there you've got a good 1 2 3 4 5 6 7 8 excuse
me there's a good 10 ticks in that trade and got a very nice divergence trade
setting up here but once again divergence trading in strong movie market
a bit like trying to catch a falling knife that's why I said really I
was gonna take any counter trends trade now you may say what about this one well
t20 years particularly on the ES traders a very very good trading
opportunity so you had a t20 there you had another t20 there T20 there that
one's far but then you had another t20 there T20 T20 so very great trade
so they've got a trader's your 89b hit your previous high so if my students
you really want to consider trading is 89b zero
very very mechanical in nature very very nice trade well listen traders I'll wrap
this up I'll just could have put my disclaimer up so trade is one thing I
meant to put up at the start of the recording was trading has risk if you
haven't already read my disclaimer please do required by the CFTC to put
that up that there's risk in trading do not trade with the rent money learn how
to trade correctly and that really leads me into as a final commercial for my
students you can hang up now if you wish but please subscribe to my youtube
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I'll teach you the world's best day trading strategies now they just saw me
fire off three trades for over two hundred dollars a contract in less than
fifteen minutes and that was only on a couple of the setups and there were
three or four trades I didn't take look at their market fly sorry traders I'm
just looking at that you just had another thirty four bounce you learn all
of these and as I mentioned give you full email support code on my website
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traders I'll see you on the next recording