4340 points from 5 markets! - DOW, GBP.USD, EUR.USD, OIL & FTSE!

Update 31st Jan – Ready for the month of Feb

Well we start off with the US markets:

Dow Jones LONG TERM Strategy which is long from 8100:

Regardless of our selling in the markets of the last few weeks our LONG TERM strategy still remains long from 8100 from April 09 and currently has a running profit of 2000 points. However this strategy is close to turning but for now you have to respect the signal that it is giving which Is Long. Not by any means is this a new signal, it has been long from April 09 and all this means is that the LONG TERM trend is still LONG for now.

Dow Jones Daily Trend System is short from 10661:

This system went short on the 19th of Jan and is showing a gain of 600 points! This system is still running short and although the move can easily double likewise entering at this stage does not give the same risk/reward ratio as it did when the signal was triggered,

Dow Jones Short term Strategy is short from 10667:

This system went short on the 20th Jan and is showing a gain of 600 points! This system is still and can easily double the move south however it is not advisable to enter this trade as a fresh signal as the risk reward is different from when the signal was originally triggered.

GBP.USD Long Term strategy is short from 16413:

This system went short in Nov 09 and is currently showing a gain of 450 points. This set up is showing the potential to take out 15705 which could speed the move south. The trend is Down!

GBP.USD short term strategy is short from 16303:

This system identifies the very short term trend and is short from 16303 on the 20th Jan and is currently showing a gain of around 350 points.

EUR.USD Long term strategy is 14868:

This strategy went short in early Dec & is currently showing a massive gain of around 1000points!
This strategy is not showing any indication of turning and it could well move south more aggressively.

Oil Daily trend system is short from 8215 from early Jan 11:

This strategy is nearing to a massive 1000 point gain! This market is once again not showing any indication of turning and it could well slide further or enter a phase of whipsaw

FTSE100 Daily strategy has been short from 5481:

It went short from 15th Jan and is currently showing a gain of around 340 points. Again the market shows no sign of turning and would take a strong move to nullify this signal!

Conclusion

All the signals above are giving a gain of 6340 points! If you exclude the LONG TERM DOW signal then the recent signals above are giving a whopping gain of 4340 points!

Firstly these gains above are not hypothetical.

Secondly these gains above are not given from 20-50 different markets!

Thirdly these gains were represented on T2W live as the trades were taken by my strategies

The US markets were sold at levels which didn’t make sense to many at which the talk was 11000 Dow not 10000 the level which I wanted to talk about.

Currently all strategies are short unless the markets give dignified moves which change the direction of the markets. For the moment, don’t discount bounces but equally don’t discount doubling the moves south. Ironically don’t discount a total reversal higher! By these statements your thinking ‘User’ has stated it all! Yes I have, as I simply don’t care which way we head and nor do I negate any possibilities as I’m happy to follow the trend using my strategies which use many defining technical analogies.

Kind Regards
USER

PS. Please carry on private messaging or emailing ([email protected]) me with your questions and queries as I’m always happy to help all as this gives me a satisfying feeling like no other!

GBP.USD doing fantastically well today and seems like it will be oncourse to head towards 15705 this week! Everything else is showing minor bounces that don't warrant any display of directional changes!

Dow Jones Short term Strategy is short from 10667:

This system went short on the 20th Jan and is showing a gain of 600 points! This system is still and can easily double the move south however it is not advisable to enter this trade as a fresh signal as the risk reward is different from when the signal was originally triggered.

Click to expand...

Dow Jones short term strategy is trying to close out and reverse signal to long! Should price action be higher then the early sessions highs then this could well happen!

For the moment the short triggered @ 10667 is still in trade! So the down direction has to be respected even though the market is trying to rise/bounce.

Will be a very interesting session! :smart:

you've sure got a lot of journals!

The US stockmarkets just don't seem to have the legs for this bounce higher! Not liking the fact that the Nasdaq is not leading the way higher, in which case all downside risks remain!

Its hard to rally with conviction with a lagging Nasdaq!

No reason whatsoever to buy the US majors!

Nasdaq lagging and the rally not really showing any real strength. I rather buyer higher with confirmation instead of the riskier trade that many may be taking.

Going long now is the sort of trade to take in which people like to call tops and bottoms! I simply do not care if the lows are in or not, however given the trend, direction and action of late you can state that no low is in! No confirmation of anything but short for the moment.

Although the short term Dow signal came close to closing out it is still in play and rightly so!

:smart:

Dow Jones LONG TERM Strategy which is long from 8100:
Regardless of our selling in the markets of the last few weeks our LONG TERM strategy still remains long from 8100 from April 09 and currently has a running profit of 2000 points. However this strategy is close to turning but for now you have to respect the signal that it is giving which Is Long. Not by any means is this a new signal, it has been long from April 09 and all this means is that the LONG TERM trend is still LONG for now.

Click to expand...

After todays 118 point rally this long term system is showing a gain of 2085 points. It is however getting closer to turning short which if given would be the first short in over 12 months for our TREND catching system!

Dow Jones Daily Trend System is short from 10661:
This system went short on the 19th of Jan and is showing a gain of 600 points! This system is still running short and although the move can easily double likewise entering at this stage does not give the same risk/reward ratio as it did when the signal was triggered,

Click to expand...

This daily system is currently gaining 476 points! Although we advanced over 100 points on the Dow, the system is still shrugging off the rise and staying in sell mode!

Dow Jones Short term Strategy is short from 10667:
This system went short on the 20th Jan and is showing a gain of 600 points! This system is still and can easily double the move south however it is not advisable to enter this trade as a fresh signal as the risk reward is different from when the signal was originally triggered.

Click to expand...

This short term signal has been closed @ 10188 giving us a gain of 479 points! :clap:
Should globex action remain at current levels or higher then the likelihood of a long short term signal could develop!

GBP.USD Long Term strategy is short from 16413:
This system went short in Nov 09 and is currently showing a gain of 450 points. This set up is showing the potential to take out 15705 which could speed the move south. The trend is Down!

Click to expand...

This trade is showing a gain of 458 points and although we rose 100 points from the lows the pound still shows weakness and could well test Mondays lows again! This signal is in no rush to change!

GBP.USD short term strategy is short from 16303:
This system identifies the very short term trend and is short from 16303 on the 20th Jan and is currently showing a gain of around 350 points.

Click to expand...

This very short term trend system is still in sell and currently gaining 350 points! This signal can change on any given day and can catch quick moves for trades that are usually valid for the V.short term!

EUR.USD Long term strategy is 14868:
This strategy went short in early Dec & is currently showing a massive gain of around 1000points! This strategy is not showing any indication of turning and it could well move south more aggressively.

Click to expand...

This signal is showing absolutely no signs of turning and switching to the long side and is gaining a massive 942 points!

Oil Daily trend system is short from 8215 from early Jan 11:
This strategy is nearing to a massive 1000 point gain! This market is once again not showing any indication of turning and it could well slide further or enter a phase of whipsaw

Click to expand...

Still gaining a sizeable 715 points! But is on the verge of being closed out and reversed!
Some pressures remain above @ areas of $75-7550-60ish which could halt the move and give back some of todays gains. Taking it out could well change the daily direction :whistling

FTSE100 Daily strategy has been short from 5481:
It went short from 15th Jan and is currently showing a gain of around 340 points. Again the market shows no sign of turning and would take a strong move to nullify this signal!

Click to expand...

Currently showing a gain of 238 points and trying to switch signal but for the moment the short signal remains!

Conclusion

All systems showing consistency and gaining nicely accross the five markets.
Five markets is all the exposure we require!
These gains above are not given from 20-50 different markets and nor do we need to engage in such risks!

The short term Dow signal has been closed @ 10188 giving us a gain of 479 points! :clap:
Should globex action remain at current levels or higher then the likelihood of a long short term signal could trigger!

All eyes on:

Short term Dow system as our short has been closed: it could trigger long!
Daily term Dow system: as it could trigger long!
Long term Dow system: it is close to triggering its first short signal in over 12 months!
Short term GBP.USD system: could revert to long for a quick move!
Daily term Oil System: Approaching possible close of short and switching to long!
Daily term FTSE system: Trying to go long but short signal @ 5481 still open!

Currently all strategies are short apart from the short term Dow system which has closed its short for a gain of 479 points! It is waiting to go long but for the moment in standby mode!

All system signals are honoured to providing dignified moves which make the trend and the direction of the above mentioned markets!

For the moment I won’t discount bounces but equally I won’t discount doubling the moves south. Ironically I won’t discount a total reversal higher! By these statements your thinking ‘User’ has stated it all! Yes I have, as I simply don’t care which way we head and nor do I negate any possibilities as I’m happy to follow the trend using my strategies which use many defining technical analogies.

I follow these systems, trades and setups without any bias and couldn't care which way we head aslong as I'm on board via my developed systems!

Thank you for all your compliments and praise.

I will take time to get back to you on in depth questions such as what should my stakes be to be successful in the markets? Or what trading pot size is sufficient to succeed in trading etc? What timeframe is the best to gain from the markets? Although areas specific as these do not have textbook answers in my eyes you have to take many vairables into consideration to perfect risk management and reward potential.

For e.g When I trade what stakes should I use when trading with 10k?

Well the vairables that need to be identifies in depth are:

How many markets do you trade?
How many trades are active at one given maximum?
What stop losses do you trade with?
What time frame do you trade with?
Do you know the ATR of your given market?
Have you worked out the risk/reward of your portential trade?
What would happen if all your maximum taken trades go wrong in one run?
Do you using the method of scaling?
Are you trading the right markets to give you balanced exposure so that you can perfect your plan and yeild the best results?

These are just some aspects that should be identified! I therefore take my time on replying to what seems like basic questions are definately complex structures of a consistent trader.

Trading may seem simple, let me assure you it is not! Trading is complex as you want to make it towards losing your money. 100 ways or 1 way to losing your money, you can make it simple as you like or complex as you like! If you don't have the discipline for your recipe then your ingredients will whisk you out of the markets!

Discipline equals consistency!

If your good you'll gain and then lose!

If your bad, you'll lose and then lose again!

If your lucky, you'll learn from the bad way first!

If your unlucky, you'll learn from the bad way after but in a big way!

If your consistent then discipline will be your key domain!

God Bless you all.

Kind Regards
USER

PS. I will endeavour to answer your questions and queries via pm or email ([email protected]) I will take time to get back to you on in depth trading questions. Thanks.

Globex may well show the direction for the rest of the week! It could an important one!

Some pressures remain above @ areas of $75-7550-60ish which could halt the move and give back some of todays gains. Taking it out could well change the daily direction :whistling

Click to expand...

So the high we make gets to $7546 and now we're over 100 points lower! Starting to give back some of yesterdays rise!

Euro showing no conviction in trying to rise
GBP leading down and on the way to testing 15900 which if taken out would take us to Mondays lows as mentioned earliar.
FTSE opening lower and at this stage of the current action it seems likely to test 5200.
US futures dipping lower a little any momentum should have us sitting closer to 10100 ready for opening bell later today. For now 10200 should prove difficult and limited upside potential coupled with downside risks should take us lower.

No change on system signals

when the signals actually come up, where do you post them... is it on this thread (seems unlikely) or do you send an email etc ?
PM me if you have more details please.

I try my best in posting my trades in ample fashion as frequently as I can!

The last time I posted my work on T2W was around five years ago! Due to other commitments and journeys of life I couldn't find the time to post - mainly due to studying commitments that I had!

I would just like to say that Trade2win is no doubt the best forum community website on the globe! The amount of information coupled with banter is simply priceless.

I use to be a moderator on T2W but since my timeout I would struggle to know who's who! If time continues to permit in this ever growing community I will always look to help on T2W with all questions, queries and guidance just as I did previously when I was here!

I feel like an old man in this place but Trade 2 Win is the place where one can succeed at trading coupled with the will to learn :smart:

Wishing you all well!

Nasdaq lagging and dow rallying! The underlying strength has to be questioned when the Nasdaq doesn't lead the way! Downside risks remain even though our second dally of rally is underway - So far! GBP & EUR ticking higher and Oil showing real conviction however it remains marginally above its problem area so it's far to easy & early to say its conquered it!

Watching action carefully!

Apologies for not being able to update earliar as I had to go see my new baby boy nephew!

Nice to see my computer giving me some charting problems!

Anyway I can update from what I can see!

The Currencies have not given any real traction! GBP.USD reluctantly below 16000 whilst the EUR.USD reluctantly below 14000.

Oil has been a real gainer today and whilst our short may have closed out I cannot not check at pres.....and wouldn't you just know it! As I type the charts load up! :clap:

Our daily short term GBP.USD system is on the verge of closing out our short from 16303! I'll be watching for the next few hours to see if we get a confirmed close on this signal!

The long TERM short system however remains short!

EUR.USD Long Term system remains short!

The Dow gave us another rally but the Nasdaq lagged again!

Our Daily Trend system did close out our signal - which taking out at the current price would give us a total of - 381 points! But I'm not fobbing anyone off - I wasn't here to update so I'm not going to bask in its glory! I will watch the system and post live when to exit this trade tomorrow - either in globex or market action! - Be it for less of a gain or more, I'll take it in real time! Watch this space!

Our Long Term Dow system still remains long from 8100!

The FTSE has bounced nicely BUT daily system remains short from 5481! I don't know how much we'll gain on this one but the system wouldn't remain short for the fun of it! Something doesn't seem right!

OIL! Rallied well today and although the trade exited, I will not gloat with its gain! I'll update in real time for its exit and will watch the action unfold!

Conclusion

All in all my systems generate gains!

Even though a few of the signals gains have decreased a little as I wasn't here to update lol My point is simple!

My work is to gain consistently from the markets and that is what my systems enable me to do!

Many ask me how I manage to do so well!?

My answer is that the key to my success is consistency driven by discipline! The systems that I have developed over the years are a master peice in themselves and they are the backbone off my success, designed to deliver consistency coupled with any individuals discipline!

Thats my ingredients and thats what perfectly works!

Kind Regards
USER

PS. I will not shout about the exited signals and the systems gains for today until I exit them in real time myself - I will post live! Continue to email ([email protected]) and pm me with your trading related questions and any advice you require. I will never shy away from helping anyone ever! (Please do be patient in my responses as I like to take time to reply but can be difficult whilst watching the markets. Hence I normally reply back more promptly with a clear head on weekends!)

Our short term Dow system is on the verge of entering short!

I also have two signals on Oil and Dow from yesterday in which I will post real time exits so watch this space!

GBP.USD and EUR.USD made a few moves above 16000 & 14000 both which have not lasted! Normally action such as this would result in a test of recent lows!

Watching attentively!

GBP.USD and EUR.USD made a few moves above 16000 & 14000 both which have not lasted! Normally action such as this would result in a test of recent lows!

Click to expand...

Getting closer to those lows!

Dow edging lower but ironically Nasdaq lagging today! Nasdaq needs to take charge for a downside move of any significance.

Oil virtually flat on the day and holding above $77 for the moment!



Will be out in a bit for footy 5 a side!

So far the all markets should take us lower but the Nasdaq joins in for the real moves to occur!

:whistling

Wow Oil gave us a 100 point whip in the last 5 minutes of trading!

Good old volatility!

Both the EUR.USD & GBP.USD are working out just as stated!

GBP.USD and EUR.USD made a few moves above 16000 & 14000 both which have not lasted! Normally action such as this would result in a test of recent lows!

Click to expand...

Nas still lagging and not giving much of a directional move! Last hour may unwind things a little! :whistling

Update later!

In all FIVE markets - DOWNSIDE risks remain!

Oil virtually stayed put after making its way to $78 and then clawing back to $77. Last 5minutes created a 100 whip! Normally this kind of closing uncertainty wrap in the pits means a BIG move is on the cards! Especially if the comes on the day of inventory data!
Market simply undecided with todays action! We have retraced 50% of the move south from the early Jan Highs! We halted at todays highs of $78 which crossed well with the 50% retrace. Even after Mondays and Tuesdays rally in oil risks remain and tests to $75 can't be ruled out!

GBP.USD & EUR.USD dipped lower very nicely after rising above 16000 and 14000 respectively. The move to come was clear:

GBP.USD and EUR.USD made a few moves above 16000 & 14000 both which have not lasted! Normally action such as this would result in a test of recent lows!

Click to expand...

Yes we could double bottom of the lows! But whilst sitting so close to them it would be realistic to take them out! - 15850 & 13850 respectively.

Dow jones has created alot of four hour candle traffic at 10300 halting the early weeks gaining start. Ofcourse we could take it out. The short term trend system is ready to go short! Should price hold at current levels or lower in the next 3 hours then this would trigger a short signal. Could be hit & miss in triggering so will update if it occurs!

FTSE will no doubt follow globex for direction

I must warn the action of the week so far seems ironic to say the least. But please beware of a trap unfolding - job numbers.

In conclusion all five markets are at high risk of downside movements regardless of recent bounces :!:



PS. Sorry for delayed responses, please continue to ask any trading related questions via pm or email ([email protected]) as I will try my upmost to reply promptly should the trading day grant me permission...

The short term trend system is ready to go short! Should price hold at current levels or lower in the next 3 hours then this would trigger a short signal. Could be hit & miss in triggering so will update if it occurs!

Click to expand...

The Dow Jones Short term system has triggered a short @ 10277.

Yesterday

GBP.USD and EUR.USD made a few moves above 16000 & 14000 both which have not lasted! Normally action such as this would result in a test of recent lows!

Click to expand...

Earliar

Yes we could double bottom of the lows! But whilst sitting so close to them it would be realistic to take them out! - 15850 & 13850 respectively.

Click to expand...

Now

EUR.USD hits new weekly low

In conjunction with the post above:

GBP.USD takes out its weekly lows!