The “So Easy It’s Ridiculous” Trading System
Apple needs to show weakness for both bulls and bears Tech analysis by Newsroom on Of course, not all your trades will look this sexy.
TOP FOREX BROKERS
If we went back in time and looked at this chart, we would see that according to our system rules, this would be a good time to go long. You can see that when the moving averages cross in the opposite direction, it was a good time for us to exit. Of course, not all your trades will look this sexy. Some will look like ugly heifers, but you should always remember to stay disciplined and stick to your trading system rules. We can see that our criteria is met, as there was a moving average crossover, the Stochastic was showing downward momentum and not yet in oversold territory, and RSI was less than Now we would record our entry price, our stop loss and exit strategy, and then move the chart forward one candle at a time to see what happens.
As it turns out, the trend was pretty strong and pair dropped almost pips before another crossover was made! Well, the truth is that it is simple. In fact, keeping it simple will give you less of a headache.
The most important thing is discipline. Well, yes we can. Just follow the dots! Available for just a little while longer, that is. We had a nice session despite a super sleepy market, winning across the board. Here is a short video recapping some of the trades we were taking in the live traderoom today.
There is still time to grab one of the last remaining copies of the SST Pro. It could be shut down at anytime, without further notice. This is the final public release of the SST Pro. After two full years it continues to do what it was designed to do. Win, while also simplifying your trading to merely following dots on the chart. It works because of the way it interprets price action using parts of a method that has been effective since the days of feudal Asian rice merchants.
This video shows how dynamic trading works, even during slow markets and why it so so important to be able to adjust to market conditions, trade by trade. Why not take advantage of the awesome offer that Tradestation is making. And while you think of it, think of this: We are hitting record profit levels on all the major markets that we trade and have traded live, in the trade room over the past two years.
And the swing trade profits have been stellar as well. I actually like MT4 better for trading forex than I do Tradestation. At least it seems that way to me. Today, was a wash, with both MT4 and Tradestation giving completely different trade setups but both performing quite nicely, as shown in the video below. Forex daytraders have to be patient these days, since the range has really dried up.
Even so, anyone trading this very tradeplan from the beginning of the year using a very simple fixed fractional money management strategy like what we teach, would have grown their account 16 times over so far! Make sure you get your seats. The SST Pro is such a powerful tool that there are endless opportunities to trade. Due to popular demand, and because they are just so darn profitable, I began focusing on Forex End of Day Tradeplans.
These tradeplans are excellent for all three of the platforms we support, MT4, Ninja Trader and Tradestation. They are also very easy to trade, requiring just a few minutes a day to review the charts. During that time it strung together several excellent winning streaks of 12, 15 and 25 consecutive winning trades while keeping the losses very small. Make sure you sign up for it.
It was a great time to quit too, with a one and done session that earned double digit gains quadruple digit in dollar terms. Optionally though, traders could have kept trading and as we have seen often enough, the Russell can really get on a roll.