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Greetings,
The link below contains the Thursday training session.
http://www.anymeeting.com/kwikpop/EF59D68085
On Monday we will go over indicator settings for TradeStation, NinjaTrader and AT/Sierra. The purpose of having these training sessions 'live' is to allow you an opportunity to ask questions in an interactive environment. Please attend these sessions and ask as many questions as you need answered.
In each training video we've released thus far you'll note that we're constantly saying that certain patterns repeat .. everyday. In fact, we've talked about the six basic patterns you need to learn in order to successfully trade the ES everyday, because ... THESE PATTERNS REPEAT EVERYDAY!
Let's look at that screen shot of Fridays action on the ES. Let's go through the PATTERNS.
1) Dead cat Bounce short trade
2) Lower Pivot High Short Trade
3) Lower Pivot High Short Trade
4) M Top short trade
5) Countertrend buy on a V spike and a break out above a modified PamBar. There was a second entry on that trade at 1332.50 when prices broke out above Pam's 1332 Target line with STRONG POSITIVE MoMo.
6) Higher Pivot Low BUY SIGNAL
7) Higher Pivot Low BUY SIGNAL
8) Countertrend SHORT TRADE at 1338.00 when prices broke below Pam's 1338.50 Direction line on very bearish MoMo.
9) Lower Pivot High SELL SIGNAL
10) Lower Pivot High SELL SIGNAL
11) Lower Pivot High SELL SIGNAL.
We've talked about each of those patterns in our training video's because they REPEAT EVERY DAY!
How many of those trades worked for at least 4 ticks and much MORE!
THE CHARTS DON'T LIE. That's the only truth you need to believe in if you want to be successful trading these markets. Don't listen to the news, don't listen to your guru, don't listen to your broker. JUST STUDY THE PATTERNS ON THE CHARTS!
THE CHARTS DON'T LIE!.
Learn the six Kwik*POP patterns and learn how to trade around Pam's numbers and you'll start bringing home the bacon .. EVERYDAY. This is not rocket science. Once you shed all of that old baggage and stop worrying about 'WHY' the market is moving up, or down, and just learn to respond properly to the reality that the market 'IS' moving up or down ... you start making money.
Regards,
WDH
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