Starting with the top picture is my trade on CRUDE OIL futures. We had to be patient this morning to wait for a slow start on a Monday. The pit open is the orange line, it was overall up in the London trading session. After waiting a few minutes we cold see the wind was shifting to the downside so that is when we got in short. We did miss our our target down at the dotted lines which represent the previous open and close of the previous day or week. Eventually it came back down for +16 ticks winner. The reason we missed our Target is that at the time I just entered and was focusing on my trade on the TF.
Either way it was a decent opportunity and we got away with some profit.
The second chart is the trade on the TF, Russel 2000. There was a huge run up in premarket activity. Typically it with make a PIVOT back down to at least the 38% retracement or even further. We got in with a very good short and held it to our profit target of 32 TICK or 3.2 POINTS which lined up perfect with the 38% retracement.
90% of the time, with my strategy you will see where the trade has potential of going and hitting your profit target. Utilizing the indicators, market momentum and Fibonacci tools, I can show you this even before we take a trade.
We had a TOTAL of 48 TICKS today in about 35 minutes of trading. that is $480.00 with just 1 CONTACT TRADING. you DO NOT need to sit in front of your computer all day everyday to make money and profit.
