Day Trading Setups During Globex Hours Video 2 - YouTube

hello traders its a samurai trade here this is just going to be very short video it

is 04:13 pm. down under in Australia we'll see what time it is in the US and

a moment but I was talking on video once so this is video 2 a lot more student

questions or trader questions and member questions to answer but I wanted to get

this in very quickly just to show you the power of the Globex

market trading the 233 now besides trading the 233 ES you can

also do the NQ 55 or 89 works really well but let's have a quick look at the

charts because I just want to show you the outstanding trading opportunities we

have virtually everyday of course I need to put up the risk disclaimer and as

always please read the risk disclaimer in detail thirdly if you are we're gonna

look at the charts in a moment please go to full screen bottom right hand corner

if you haven't already done so and of course if you're watching my videos for

the first time it's mainly members see these videos but anyway if you're new

this is all in the day traders fast-track program and you can go to my

website I'madaytrader. com to get further information at my free ebook and

of course most importantly you can invest in the day traders fast-track

program now let's go and have a look at these charts I just want to show you

this now as you know traders we've got around 12 different setups and I believe

we want to keep it simple so you can see here this is just the double smooth

stochastic you need you can just see how many T2's we've got firing off left

right and centre and look at your T1's now if you're scalping and you would

have seen my latest scalping video or what have you maybe maybe I haven't

emailed it out to everyone but for later scalping video you'll see that virtually

all of these were winners with 4 to 6 ticks either way you can see here you

had 89B 89B 89b you can see up here if head of state

in you would have been stopped on this particular one but this one and this one

of course went down and he our previous wind blow

as we've discussed you've got left right and center you've got a t20 running

with the trend beautiful trade you've got million 34 bounce t25 t25 t1

and at t25 34b and the t25 you wouldn't have entered this one while look at how

8 EMA 8 EMA is in an uptrend remember we want to close over and we want the

8 EMA ideally to confirm the trend direction now one little trick you can

do here if you're unsure whether or not the 8 EMA is trending at all you want an

added confirmation or you simply do traders is put on a 5 EMA so therefore

this is an added qualification is the 5 EMA under the 8 EMA and see here we'll

finally we break through here so we're short here we can see the 5 is above the

8 which means Long's only and until we get some bounces okay so it's just an

added confirmation tool now if you're purely trading on price alone

that is without indicators which you can do here as you can see all you need is

you rate your 34 your 89 your 200 your purely price trading you're remembering

this is the ES 233 volume chart you can use tick can remember this works on

stocks any market you want to trade but what we can see here ago we had a loss

we had a winner a winner a winner a winner a winner a winner a winner heat

back here winners there left right and center now what you want to do is stay

with the trend okay now here you had a little scalp now there that was worth

still 5 ticks now you wouldn't have been field there because you can see here the

candle just touched it however if you were scalping for fall you picked it up

otherwise you were stopped on that one but then we had this nice one here 89b

where do we aim our previous swing low 34b 34b winner winner and and I'm

ignoring looking at the T2's at the bottom now as we go on and as we head

into the Asian session sorry my apologies as we head towards a London

session its tends to get choppy so we can see here we've got a few still a few

good trades we come up once again you'll rule you can see here following the 34

you're t20 t20 t20 t20 against the 89 okay but up here this back here you had

a and following a t20 with a Train lovely t20 you've got them firing off

left right and centre then you come up here we have a 200 bounce where are we

gonna arrive for well swing low which is right down here so this is basically a

swing trade now we didn't we missed out by 2 ticks but if you're trailing a stop

there it's fantastic now another thing I just like to remind you is the power of

the trigger line eight let me just start this up okay

now the trigger line eight was made quite famous by Bill Williams in fractal

trading and with fractal trading we are taking a short when we have an entry

below the 8 our trigger line eight here and it gets hit by fractal so you

can see here we would have shorted the market here we can go long when we get a

hit above a fractal on a which is right there and next one is over here down we

go and next one is here a winner so trade

is the greatest challenge that I give you in many ways is which strategy do

you focus on well you really want to stay as I Drive home time and time again

stay with the trend the trade is that are kicking butt with me big

a trend traders we report some getting back from some of the traders that are

well I'm not even going to include the prop traders because that's all they do

so it's a little different but with the let me say mum and dad traders if you

like that are using the scalping are loving it on the basis by scalping for

off on the ES and let him run for six or longer from a personal point of view

they're feeling good because they're getting those small rewards that I

talked about so trade is just to finish off this video you can see two hundred

200B's they're left right and center

so just in finalizing the trigger line eight can also keep you in the trades a

lot longer so let me show you here so trigger line eight you stay in until you

have a close above the a stands you have a close now I've personally prefer to

use the eight and eight EMA and a have a reentry for example if you're trailing

from your eighteen on bounce down here still in it and you'll stop that on this

one and you have a re-entry here on a t25 and also a t2 and the way we go

we're in it we're in it we're in it all the way down to here the trade is on

these you're going to be picking up 10 ticks day-in day-out now let me put my

hand up and say I'm a scalper as you know I'm traditionally after my 13 14

ticks on the NQ now I'm after 468 ticks on

the ES those of it are starting out I would say use your 8 to trail keep

your stats on it's very very powerful now finally on this video what's going

to keep me on the right side of a trend remember traders to go short we want to

see the eight under the 34 and the 34 under the 89 remember that 8's got to

be under the 34 and the 34 under the 89 fuel standard trades

it's a little different when you have your 89 bounces or your 200 bounces

because you have angulation anyway I want to just keep this one short because

I want to get this out to everyone today because a lot of you are leaving too

much money on the table and look at these this is trades left right and

center so just in closing remember the little rule there if you wanted a tool

just to confirm that the eight has rolled back over and traders for those

that have got my course remember when the eight rolls over in the direction

it's a t18 trade but if you want to confirm the ADA stirs roll over wait for

the five to touch it or pass through it it's a nice confirmation or even easier

still wait for price to close under it so until the next video which will be

tomorrow I've got a couple of videos coming out tomorrow good trading thanks

traders

you