Recent content by steven46

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    A Professional Approach to Trading Futures

    Hello UK Traders This will be our last post. Paul, please let this post sit for whatever period of time you see fit and then remove the thread (if you wish). Once again we were offered a job training new hires at a commercial firm and one of the terms of employment is no more posts on sites...
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    A Professional Approach to Trading Futures

    Hello London Here is an example of the high probability trades that are available if you have the experience and skills necessary to recognize the context as follows Positive previous session, and at the end of the session, we see the MOC imbalance as institutions place their buy orders MOC...
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    A Professional Approach to Trading Futures

    Hello Traders Attached you will find our 15 min chart showing one (1) entry and one (1) exit. This is the type of day that professionals like because it is obvious. Based on the expectation of a rate cut, once the news came out (during the NY session) the strong bar is known to price action...
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    A Professional Approach to Trading Futures

    In the coming days, we will show interested traders how to enter, and complete a funded trader program. Each day I will stream my trading so that everyone can see my path toward completion. Prior to the start of that process, I will announce the details Additional Comment Over the weekend, one...
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    A Professional Approach to Trading Futures

    Here are the alternative screens that I use to train amateurs I can't make it any simpler It is about preparation, discipline, focus, execution Good luck
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    A Professional Approach to Trading Futures

    Hello Traders I think the best thing I can do for struggling traders is to provide something they can use. What you see attached below is my full screen. From this screen a trader could monitor, evaluate, and then make decisions. Its just one (1) example I provide a couple of alternatives so...
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    A Professional Approach to Trading Futures

    Hello London Traders Today we traded both sessions. Generally speaking this is not a good idea. Trading without sufficient sleep means that you are compromised (similar to a person drinking and driving). We won't be doing this again soon The attached chart shows two (2) examples and the system...
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    A Professional Approach to Trading Futures

    Hello UK Traders We stayed up to trade the London Session of the S&P Futures and got quite a ride The 15 min system continues to work well. We anchored our VWAP at the open, and we saw a "2nd entry" confirmed by a positive skew (red line). Aggressive traders could have added on the "1st Cross"...
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    Are technical indicators truly helpful in trading, or are they just a way to make the process feel more scientific and controlled?

    I use two (2) primary indicators in combination. I was taught to use them by an institutional trader. Over a period of more than 15 years I have operated this system and the edge it creates has been pretty stable. I think the challenge is to find the right "tools" for the type of trading that...
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    A Professional Approach to Trading Futures

    Hello UK Traders Today was an unusual "Gift" day. We knew that tariffs were prominent in the minds of traders and that today's economic news would likely trigger expansion of volatility. The ability to make money in this environment is based in part on experience, and in part on skill and the...
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    A Professional Approach to Trading Futures

    And here is another update regarding the tariff news "event" As can be seen, this news event trade is continuing and is now approaching +20 pts Important (in our opinion) to notice that Trump indicated that this "deadline" would not be changed, and then suddenly he reverses course. This is (as...
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    A Professional Approach to Trading Futures

    Here is the follow up to the previous announcement of delay of tariffs on goods from Mexico Notice that the market ran up +10 right away and like clockwork traders took profits. Over the years we have seen this kind of response many times. We did not trade this (not possible to trade it and...
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    A Professional Approach to Trading Futures

    This news came in over the wire a few minutes ago We show the immediate impact, as President Trump extends timing of tariffs on good from Mexico for another 90 days We should see a tradeable move based on this news
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    A Professional Approach to Trading Futures

    Hello UK traders Here we are a day after the Fed Announcement and the market is responding to the approach of more tariffs. As seen in the attached charts, all is not well. Remember that the markets are "forward looking" and what they see ahead is inflation as the tariffs kick in for many...
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    A Professional Approach to Trading Futures

    Normally we would fold our tent after the 2nd successful trade and that is what we did today. Coming back to the screen after lunch time (local USA time) we noticed that President Trump had commented publicly about the positive effects of his policies thus far (apparently the man is practicing...
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