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.
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,
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.
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!
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.
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.
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
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!
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.
