Time Bandits. A Simple Trading Plan for the E mini Dow YM
I'm BroncoSlade and this is my first posting on BigMike's Trading Forum. I'm looking forward to meeting
many of you online and have an open exchange of how we can improve our trading as a group. I live in
This thread will cover my complete Trading Plan for trading the Emini Indexes of the YM, ES, NQ and TF.
Mostly I will cover my trades for the YM. I feel it's the best platform for beginners wanting to learning to trade the Eminis.
My Trading System is very simple. Price, Time and Volume.
Price: Using candlestick formations and patterns to identify successful trades. Using Price to determine the Daily Trend.
Time: I use six time zones in the morning session. Open to 10:00, 10:00-10:30, 10:30-11:00, 11:00-11:30,
11:30-12:00 and 12:00-12:30/1:00
Volume: I use volume to confirms reversals and trends.
Starting this week, I'm start adding photos and videos of how I trade. By the weekend...hopefully.....I'll have the foundations of my system posted for your feedback. I'm inviting any and all feedback. I'll answer all questions and look forward to any comments that can or will improve my style of trading. BUT REMEMBER, THIS IS HOW I TRADE. If it works for you.....Great! More to follow.
Please think of those who have fallen this weekend in the pursuit of Freedom!
Below photos are trades from today, 05/26/2011 for the YM and TF
Red Lines are Short entries
Green Lines are Long entries
Gold Lines are Pstops protective stops
Magenta Line 1st Target
Magenta Line Thick 2nd Target/closed out the trade.
The following 11 users say Thank You to BroncoSlade for this post: