I have a few traders that trade different pairs and instruments. And they ask me will this work on other instruments. So randomly I picked the DJI 1min charts from yesterday's session. Yes, I know it is easy to spot the setups after they happen. But these are the exact same setups I trade and have traded for a number of years now. There is no magic. It is just memorizing the same exact patterns over and over. Remember not every setup works but it does the majority of the time.
Thursday, May 5, 2016
What a great day with many, many setups. Everyone in the group hit their +10 easily. Congrats!!! Here is what I saw and how I traded the session. I am sure I missed any setups as well. Not all the trades worked out. But keep your SL no more than -10 or less and keep taking your setups until you hit your daily Net +10. Then call it a day.