good morning good afternoon traders wherever you are in the world that
samurai trader welcome to the recap of the FESX one of our European futures
markets 1000 share bars just one question I had from one of my clients
last night was why have I gone from trading the 55 tick acrossed of 1000
volume well I tend to find that in some market share trades or 1000 share bars
can be a lot smoother than the tick charts in my personal opinion and I tend
to find that with the European market the 1000 works really well really well
now as we can see here the market opened up where I'm based in Australia at the
moment it's 5pm it opens up our local time 6pm in sydney and we're waiting we
can see here the sign line here is our 89 we can see here I had my t1 plot
but as you hear me repeat time and time again wait for zero lag to turn sign which
you did here and I'm after four ticks four ticks the tick is worth around twelve
thirteen dollars each tick at the moment thank you and with nearly all of these
you'll pick up five ticks now if your goal is 100 dollars per trade of course you
only need to get 2 5 tick trades there and you've hit your goal you're earning
the big bucks so remember don't be greedy there's five tick trades here all
day every day so let's have a look so we had a t1 a lovely t1 here five ticks this
particular trade here carried over to here if you're after four or five number
two hear this one you do not enter till there no it gives you another four to
five ticks another and then we had let me just roll along here a little bit we had
here a t25 now a t25 as a reminder is will you have
2 to 5 candle pullback to the channel so we can see here we have that here
another five ticks then you had a losing trade now after four or five trades in a
trend Ray's remember you're probably going to have a pullback as is what we
had right here now you would have had an entry here an entry signal we can see we
had a pullback oil to there t11 but forget t11's I just want to talk
about trend trades today we can see we're in a very strong uptrend we've got
our 89 EMA this gives our trend direction here we are we're in here for another
five ticker down here we had another right here if you're waiting for the t1
signal which is the paint bar now remember your signal does not appear
until you get a tick above the second bar then the paint bar appears and you
had another very nice four or five ticket winner and another now quite
frankly traders you've had four or five six winning trades net-net by four or
five chicks depends with your trading target is why frankly it's time to take
your partner out for a nice restaurant meal you've done well now that's a great
thing about virtually every one of the markets we trade if you trade with the
trend you're going to do well remember the trend is your friend until it ends
so what I want you to do is to really trend trade follow that 89 when you
start to see this sort of thing here stand aside or be very very cautious now
just one here what we do have here is the Platinum is falling away you can see
here you've got a zero line crossed just hear you've got a t89 here remeber a
t89 is whereby you've got an entry on or outside the channel you've got an
extended move of angulation so I'm not going to talk too much about the rest of
an eye you can see here another one with the
trend yet another 89 bounce had 89 bounce another 89 bounce the
market rolled over so traders stick with the trend you're guaranteed success
stick with the T1's t2 that's where the money is now just one thing before
we move on what I'd like to do here is just put this up another slide show I'm
doing for another set of clients is a question I'd like to you to ask yourself
is it when you have a winning trade or a losing trade you know what would you do
differently next time and that's one thing i love about what tony robbins
talks about on a regular basis you ask yourself either empowering questions or
disempowering and a lot of traders unfortunately they ask themselves
disempowering questions on a regular basis you know damn it on a terrible
trader I always make these mistakes don't I you know instead of saying how
can I improve my entry how can I improve my exit how could I better qualified the
trade in the future ask the questions ask intelligent questions and you'll
receive intelligent answers now it's just not so with trading but it's with
life in general so traders as a final recap I'm your success partner please
trade with the trend if the trend is your friend if you trade with the trend
you will succeed as a trader with you trade Forex futures or stocks so if
you're a new subscriber or someone new looking at my youtube channel so I do
these trade regular trade recaps two or three sometimes five times a week please
subscribe to my channel to be to be kept up to date thank you