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Futures Day Trading Video / Daily Results

Today we had a great one and done trade. It was a high probability Normal System Entry (NSE). Of course a NSE trade is normally a great trade most of the time, however coming out of No Zone the trades really rock!

I haven’t done a lot of trading lately so I did not catch the one and done on video as I do videos in a small “sub” account. My personal account I don’t show on video. However, in the interest of on-going videos I turned on my sub account and caught another NSE out of No Zone for another winner! So at the time of this writing we had 2 No Zone NSE’s and both winners! We had a 3rd No Zone at the time of this writing, however the NSE out of NO Zone was disregarded as our day trading rules have a Long Term Filter. The LTF had gone long so we avoided the NSE short coming out of NO Zone.

When this happens we switch gears a bit. Normally the first NSE out of No Zone, we avoid any trade that goes opposite of that trade. However when the LTF changes directions it’s reversed! The NSE Short was avoided and instead the Early Entry Technique (EET) would have been the trade. Following the rules is what it’s all about! I say that over and over again! The EET by the way made it’s profit target and the NSE coming out of No Zone was a losing trade – fortunately for us we have rules that keeps us out of the losers!

UPDATE::
The video I just uploaded to YouTube for today’s blogpost was too long per their guidelines so I will need to shorten it a bit and re-post it up a little later! Sorry guys! Will get it online as soon as I get it edited.

UPDATE as of 6pm PDT::
Here’s the video I promised that goes with the blogpost! Enjoy and feel free to contact us with any questions or comments. See you all tomorrow.

Cheers!
ETS

 

This entry was posted on Tuesday, July 13th, 2010 at 3:58 pm and is filed under Daily Trading.
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