Cause I'm done trading (FMOC today) and I am bored:
1) I will give you a profitable ES trading strategy
2) I learned it from LBR, but adopted it for me and the current markets
3) Any indicator that you need is available for free from any chart vendor
4) If you try this for the next 4 weeks with 1 or 2 contracts, you should not get hurt (min $3,000 account per contract) and will probably turn a profit. Obv no guarantees.
5) If you are not disciplined enough to do this for 4 weeks then your problem is not the method, but YOU.
6) I will answer any questions at least once per week for the next 4 weeks.
The Strategy is LBR's 1st Cross Trade, as I trade it:
1) ES chart is a 1000 tick time frame
2) 9ema and 34 ema
3) MACD settings 3/10/16
4) My bars are basically heiken-ashi but it's not important.
5) Lot's of information available from LBR web site for FREE (I have no affilliation with LBR)
Entry:
When the 16 line crosses zero for the first time <b>(1st cross)</b> you will enter when the 3-10 histogram pulls back on the opposite side of the 0 line and then turns back toward the 16 line (main trend).
Target: 2 points (of course you can have runners, etc. It's up to you).
Stop: 2 points (Yea, it's tight. Widen it up a little if you want)
Target and Stops are definitely volatility dependent, but for the next 4 weeks, let's see if you are disciplined enough to try 2 and 2.
btw: after 1.5 or so, I usually bring stop to b/e and scratch it, if it doesn't hit the 2 point target.
That's it!!!!
(you DO NOT need all the colors that I have coded into my chart, remember, trading is boring and I color code when I'm bored, lol)
1) I will give you a profitable ES trading strategy
2) I learned it from LBR, but adopted it for me and the current markets
3) Any indicator that you need is available for free from any chart vendor
4) If you try this for the next 4 weeks with 1 or 2 contracts, you should not get hurt (min $3,000 account per contract) and will probably turn a profit. Obv no guarantees.
5) If you are not disciplined enough to do this for 4 weeks then your problem is not the method, but YOU.
6) I will answer any questions at least once per week for the next 4 weeks.
The Strategy is LBR's 1st Cross Trade, as I trade it:
1) ES chart is a 1000 tick time frame
2) 9ema and 34 ema
3) MACD settings 3/10/16
4) My bars are basically heiken-ashi but it's not important.
5) Lot's of information available from LBR web site for FREE (I have no affilliation with LBR)
Entry:
When the 16 line crosses zero for the first time <b>(1st cross)</b> you will enter when the 3-10 histogram pulls back on the opposite side of the 0 line and then turns back toward the 16 line (main trend).
Target: 2 points (of course you can have runners, etc. It's up to you).
Stop: 2 points (Yea, it's tight. Widen it up a little if you want)
Target and Stops are definitely volatility dependent, but for the next 4 weeks, let's see if you are disciplined enough to try 2 and 2.
btw: after 1.5 or so, I usually bring stop to b/e and scratch it, if it doesn't hit the 2 point target.
That's it!!!!
(you DO NOT need all the colors that I have coded into my chart, remember, trading is boring and I color code when I'm bored, lol)
