Short term trades on the ES using MTPredictor - MTPredictor | futures io social day trading
futures io futures trading


Short term trades on the ES using MTPredictor
Updated: Views / Replies:1,322 / 1
Created: by Don Double U Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Short term trades on the ES using MTPredictor

  #1 (permalink)
Elite Member
Burnaby, Canada
 
Futures Experience: Intermediate
Platform: MetaTrader, NinjaTrader
Broker/Data: IB, Vantage FX
Favorite Futures: Forex, Eminis
 
Posts: 9 since Sep 2012
Thanks: 2 given, 8 received

Short term trades on the ES using MTPredictor

This is a manual trade that I took on the 3 minute chart of the ES today. It was a day that did not offer up any valid standard trade setups. If I had not been attending John and Steve's member trade rooms I would not have know how to find an advanced setup like this and how to play it.

The day started with an inside gap up. Seven bars later there was a bearish engulfing bar inside the 15 minute DP of the previous day. Going short seemed logical after the previous day's sell off. The 15 min DP was right along the 1400 figure. Price was below and looking like it was going to reject it.

My original target was a decent 5.9 R at the 15 min DP below. Before price hit the target I was able to identify an up wave 4. Using the software I found the projected down wave 5 as a new target for 10 R. After a while I wasn't confident that it was gong to make it and closed the trade on a limit order at the original target. Later price did make it to the wave 5 target.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
The following 5 users say Thank You to Don Double U for this post:
 
  #2 (permalink)
Elite Member
boston ma
 
Futures Experience: Beginner
Platform: ninja
Favorite Futures: futures, stocks
 
Posts: 227 since Oct 2011
Thanks: 384 given, 154 received

mtpredictor


Don Double U View Post
This is a manual trade that I took on the 3 minute chart of the ES today. It was a day that did not offer up any valid standard trade setups. If I had not been attending John and Steve's member trade rooms I would not have know how to find an advanced setup like this and how to play it.

The day started with an inside gap up. Seven bars later there was a bearish engulfing bar inside the 15 minute DP of the previous day. Going short seemed logical after the previous day's sell off. The 15 min DP was right along the 1400 figure. Price was below and looking like it was going to reject it.

My original target was a decent 5.9 R at the 15 min DP below. Before price hit the target I was able to identify an up wave 4. Using the software I found the projected down wave 5 as a new target for 10 R. After a while I wasn't confident that it was gong to make it and closed the trade on a limit order at the original target. Later price did make it to the wave 5 target.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Hi,
Are you still using the software? Im considering buying it, do you recommend it?
Thanks,
Robert

Reply With Quote

Reply



futures io > > > > Short term trades on the ES using MTPredictor

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Short term TF trading indextrader7 Trading Journals 797 June 9th, 2013 11:07 PM
Short term time frame YM (Beginner needs help) cmmichaels Trading Journals 11 February 25th, 2013 09:40 AM
trading 4 tick with 12 tick momentum and point O ES to show long and short term trend mannya Elite Trading Journals 2 June 7th, 2012 04:31 PM
Short term trading - ticks, fills and amount of trades Twiddle Beginners and Introductions 8 October 30th, 2010 10:16 PM
SHORT TERM trading instruments (5m or lower) ikeaboy Traders Hideout 12 August 14th, 2010 01:26 PM


All times are GMT -4. The time now is 06:51 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-18 in 0.09 seconds with 20 queries on phoenix via your IP 54.163.209.109