TRADING FORK EXTREMES – 3 month Setups.

[Summerset]

Originally Posted by Summerset

To generate correct entries & exits, we will test a powerful index, and signal line on it, and make the calls at market time here for those interested, over the coming 4 week period.

Profitable Trading.

Expose 2.5% on a Limit sell for Eurodollar @ 3750. SL @ 3800. Inital TP@ 3640. Bring SL -->Entry once market makes 75points in trade's favor- but do not trail.

Profitable Trading

[Summerset]

Originally Posted by Summerset

Expose 2.5% on a Limit sell for Eurodollar @ 3750. SL @ 3800. Inital TP@ 3640. Bring SL -->Entry once market makes 75points in trade's favor- but do not trail.

Profitable Trading

Move Stop to Entry.
Close 1/2 position at 3650.
Release TP for remainder (open), & do not trail.

Profitable Trading

[mosad2]

gr8 calls summerset.
BTW why dont u post some charts ?
it will be great.

[Summerset]

Originally Posted by mosad2

gr8 calls summerset.
BTW why dont u post some charts ?
it will be great.

Thanks Mossad.

Signal & indicator charts are propriety.
But I do post a chart covering a general analysis behind the move within which the signals are being called.
The general analysis behind the current call, and the coming one - when a call is made for a reversal long - is on the post of 21/7.
Nothing special is shown on the indicator charts anyway, except a cross.

The strenght of the signal, & favorability of the ensuing move are indicated by the exposure size. - Meaning that when a signal is issued for 5% exposure or 7.5%,- U are looking at a take of 300-400 pips at minimum, with an extremely strong reversal signal, and little or NO stall time. So the signal is NOT to be missed then.

All the Best

[Summerset]

Originally Posted by Summerset

Move Stop to Entry.
Close 1/2 position at 3650.
Release TP for remainder (open), & do not trail.

Profitable Trading

Price is now on our inital buy zone<3640>, but there is no buy signal generated yet. And the sell signal is still effective.

There will be ample warning to reverse with grace- should the market turn.
The support at 3610/40 should continue to be tested.

Double on the remaining portion of position by selling a limit @ 3680.
This brings average to 3715
Stop on Full position at 3715
place inital Take profit limit @ 3580.

Profitable trading

[Summerset]

Expose 1.5% to cover Limit longs @ 6730 & another 1.5% for limit longs @ 6720, To full exposure of 3%. SL on both @ 6690. Final TP @ 7200.

This is a -ve premuim trade.

We anticipate an attempt to break upwards out of the triangle on weekly chart. In that case it would become a bull flag with potenial upwards = the flagmast below it ~ 7200

There is a weak buy signal.

[Summerset]

Originally Posted by Summerset

Expose 1.5% to cover Limit longs @ 6730 & another 1.5% for limit longs @ 6720, To full exposure of 3%. SL on both @ 6690. Final TP @ 7200.

This is a -ve premuim trade.

We anticipate an attempt to break upwards out of the triangle on weekly chart. In that case it would become a bull flag with potenial upwards = the flagmast below it ~ 7200

There is a weak buy signal.

Amend entries to become 6745, & 6735. Stop 6705. Same conditions

[Summerset]

Originally Posted by Summerset

Double on the remaining portion of position by selling a limit @ 3680.
This brings average to 3715
Stop on Full position at 3715
place inital Take profit limit @ 3580.

Profitable trading

Stop was hit @ b/e on remaining position portion.

There is a signal for a limited retraction upwards coming 24-->36hrs.

Buy 1% @ market <3640-50> & Add 1% @ 3610. SL@ 3580 on both. Inital TP 3710/40.

Raise SL --> Entry @ 3700. Do Not Trail