A Professional Approach to Trading Futures

Some readers may know of the "News Event" that dropped after the close of the NY session
(Trump's tariffs struck down"). We assume that this effect will have legs and continue into
the next session and beyond.
 

Attachments

  • New Event Hits.PNG
    New Event Hits.PNG
    95.2 KB · Views: 9
Hello Trader333

Thanks for being kind (and posting a "like")

I post this because (if you review the previous comment)
I suggest that the upside from the "news" (Courts blocking
Trump Tariffs) would continue. Obviously I was wrong

What I want to show you (Paul), is that even when you are wrong
using this system you have a "2nd chance" to make money...How you may ask?
Looking at the chart below, notice that I label the initial open and the bars that
follow as "Leg1"....This is why we ask retail students to refrain from trading AT
the open, and instead to monitor only. What you see is something that I teach
and that is to observe formation of "Leg 1" and THEN to trade "Leg 2" because the
odds favor a continuation entry. Same Setup (1-2-3)

What I am discovering during my weekend analysis is that, there are often multiple
"Leg 1-Leg 2 setups" on the 5 min time frame.

Good luck
 

Attachments

  • NY Session 5-29.PNG
    NY Session 5-29.PNG
    71.8 KB · Views: 5
Some readers may know of the "News Event" that dropped after the close of the NY session
(Trump's tariffs struck down"). We assume that this effect will have legs and continue into
the next session and beyond.
Nvidia earnings might have helped a bit too 🙂
 
Last edited:
London Session opened less then an hour ago
and already we have +5 on a small scalp at the open
We have a person sitting in from our first class, and
they are going to try out this simplified version of
our original VWAP envelope. This version requires
only the Ema, AVWAP, FRVP, and the ability to learn
the system rules, and wait patiently for the setups
to present.

Here is the chart
 

Attachments

  • London 5-30.PNG
    London 5-30.PNG
    52.1 KB · Views: 5
Last edited:
Weekly Cycle shows where the market has been
testing
 

Attachments

  • Weekly Cycle Example 5-30.PNG
    Weekly Cycle Example 5-30.PNG
    130.6 KB · Views: 4
Back
Top