Hey Guys,
Just thought I’d send an update that the NetPicks DAX Signal Service has now been converted to the NetPicks Live Signal Service!
Unfortunately, we no longer call the DAX markets any longer but we do cover Crude Oil Futures and the Russell eMini Futures along with a few choice Forex markets. If you’re all interested, please accept a 2 week FREE trial to see if the service is a great fit for you:
Click here to try our live signal service
Well traders lets have a very quick look at Mondays live trades. After sitting through a solid winning session on Mondays Early Forex session the anticipation for a winning session on the Dax was high…..and the Core did not disappoint!
Our first trade of the day was a short reversal setting up just after the European markets opened. The Dax opened up strongly and quickly become overbrougt based on our indicators. We were then triggered into our reversal which only went to 50% of its target. Our trade management ensured we were utilising a dynamic stop and we were able to cut our risk down on our first trade to 9ts.
We didn’t need to wait too long for our next set-up trade which provided us with a long cross. The trade triggered and hit full target within 8 minutes providing us with 18pts profit. Finishing the European Dax session with a total profit of 9pts.
Total pts profit $224 Euro
Our next session kicked off on the open of the US session with us trading our Core strategy on the Russell emini. This market is ideal for new traders and it is currently running at a 71% win rate. Last week produced 4 out of 5 winning nights so we were looking to continue our high win rate on this market using our “power of quitting” strategy.
First trade of the day set up on the Globex we were triggered into a reversal that went to target deivering 1.80pts. Then a Deep pullback short set up and triggered providing us with our second winning trade for 1.70.
Total 3.5pts profit $350 per contract traded
Our last session had us trading the Dax directly after our 2 winners on the Russell. 1 trade taken for the session which was a reversal long delivering 16.5pts profit.
Total 16.5 pts profit $412.50 Euro per contract
Total profit for Monday’s trading in our live trading rooms:
Russell $350 USD
Dax $636.50 Euro
Cheers
Shane@netpicks.com
Interestingly this was our first week since November 7th that we almost finished with a loosing week on the 610 Dax. So for now run continues!
| European trading session 23-27 February 2009 | |||||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro | ||
| Core 144 Tick | -17.5 | 6 | -13 | 4 | 22 | 1.5 | $37.50 | ||
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 | ||
| Simple 2.0 144 Tick | -13 | 28 | NTR | 20 | NTR | 35 | $875.00 | ||
| Simple 2.0 610 Tick | -75.5 | -63 | 45.5 | 37 | 51 | -5 | -$125.00 | ||
| Advanced Tactics – 144 Tick | NT | NT | 3 | 12 | 10 | 25 | $625.00 | ||
| Total Euro’s | -106 | -29 | 35.5 | 73 | 83 | 56.5 | $1,412.50 | ||
| 0 | $0.00 | ||||||||
| 0 | $0.00 | ||||||||
| Forex Pairs | |||||||||
| Simple 2.0 200 tick | TBA | TBA | TBA | TBA | TBA | 0 | $0.00 | ||
| Advanced Tactics 200 Tick | TBA | TBA | TBA | TBA | TBA | 0 | $0.00 | ||
| Total | $0.00 | ||||||||
| US trading session 23-27 February 2009 | |||||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro | ||
| Core 144 Tick | 31.5 | NTR | 28.5 | -2.5 | -26 | 31.5 | $787.50 | ||
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 | ||
| Simple 2.0 144 Tick | NTR | NTR | -23 | 38.5 | 24.5 | 40 | $1,000.00 | ||
| Simple 2.0 610 Tick | 78 | -15 | -19 | 60 | -78 | 26 | $650.00 | ||
| Advanced Tactics – 144 Tick | NTR | NTR | 19 | 22 | 4 | 45 | $1,125.00 | ||
| Total Euro’s | $3,562.50 | ||||||||
| Russell | |||||||||
| Russell 233 | 4.7 | -0.8 | 1.2 | -1.1 | -3.5 | 0.5 | $5.00 | ||
| Advanced Tactics – 144 Tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 | ||
| S&P500 | $0.00 | ||||||||
| Simple 2.0 610 Tick | No live call – This room will rume shortly | 0 | $0.00 | ||||||
| Total | |||||||||
| European trading session 16-20 February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | -4 | -10 | -10.5 | -1.5 | 9.5 | -16.5 | -$412.50 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | -52 | -22 | 18 | -66 | 92 | -30 | -$750.00 |
| Simple 2.0 610 Tick | NT | 48.5 | -2 | 9 | 12.5 | 68 | $1,700.00 |
| Advanced Tactics – 144 Tick | No trade | No trade | No trade | No trade | No trade | 0 | $0.00 |
| Total Euro’s | -4 | 21.5 | $537.50 | ||||
| 0 | $0.00 | ||||||
| 0 | $0.00 | ||||||
| Forex Pairs | |||||||
| Simple 2.0 200 tick | 14 | 24 | 36 | 0 | TBA | 74 | $740.00 |
| Advanced Tactics 200 Tick | 7 | 23 | -2 | 37 | TBA | 65 | $650.00 |
| Total | $1,390.00 | ||||||
| US trading session 16-20 February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | No Trade | NT | -3.5 | 15.5 | NT | 12 | $300.00 |
| Simple 1.0 144 tick | No Trade | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | No Trade | NLT | NLT | NLT | NLT | 0 | $0.00 |
| Simple 2.0 610 Tick | No Trade | 20.5 | -19.5 | 44.5 | -2.5 | 43 | $1,075.00 |
| Advanced Tactics – 144 Tick | No Trade | No Trade | No Trade | No Trade | No Trade | 0 | $0.00 |
| Total Euro’s | $1,375.00 | ||||||
| Russell | |||||||
| Russell 233 | No Trade | 3.2 | 0.8 | -2.8 | -1.9 | -0.7 | -$7.00 |
| Advanced Tactics – 144 Tick | No Trade | 0 | 0 | 0 | 0 | 0 | $0.00 |
| S&P500 | $0.00 | ||||||
| Simple 2.0 610 Tick | No live call – This room will rume shortly | 0 | $0.00 | ||||
| Total | |||||||
We are very excited to have launched our European Forex room which is humming along. Please make sure you visit our Forex Blog for the latest live trading results.
http://universalmarkettrader.com.au/forex/
Cheers
Shane
| European trading session 9-13 February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | -30.5 | 20 | 19.5 | 34.5 | -8 | 35.5 | $887.50 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | -10 | 34 | -17 | 62 | 36 | 105 | $2,625.00 |
| Simple 2.0 610 Tick | -12.5 | -15.5 | -46 | 11 | 23 | -40 | -$1,000.00 |
| Advanced Tactics – 144 Tick | -18 | 34 | -6.5 | 32 | 22.5 | 64 | $1,600.00 |
| Total Euro’s | -71 | 72.5 | -50 | 139.5 | 73.5 | 164.5 | $4,112.50 |
| Eurostoxx 50 | |||||||
| Core 144 Tick | Market suspended | 0 | $0.00 | ||||
| Advanced Tactics 144 Tick | Market suspended | 0 | $0.00 | ||||
| Forex Pairs | |||||||
| Simple 2.0 200 tick | TBA | 0 | $0.00 | ||||
| Advanced Tactics 200 Tick | TBA | 0 | $0.00 | ||||
| Total | $0.00 | ||||||
| US trading session 9-13February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | 9 | 23.5 | 8 | -11 | 14 | 43.5 | $1,087.50 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | 9 | 5.5 | 28.5 | -18.5 | 17.5 | 42 | $1,050.00 |
| Simple 2.0 610 Tick | -13 | 97.5 | -5 | 13 | -24 | 68.5 | $1,712.50 |
| Advanced Tactics – 144 Tick | -3.5 | -20 | 32.5 | -21 | 14 | 2 | $50.00 |
| Total Euro’s | 1.5 | 106.5 | 64 | -37.5 | 21.5 | $3,900.00 | |
| Eurostoxx 50 | |||||||
| Core 144 Tick | market suspended | 0 | $0.00 | ||||
| Advanced Tactics – 144 Tick | market suspended | 0 | $0.00 | ||||
| S&P500 | $0.00 | ||||||
| Simple 2.0 610 Tick | -1.5 | 1.5 | NT | NT | NT | 0 | $0.00 |
| Total | |||||||
Our European Forex session deserves it own special mention as we see from the table below that the Forex is absolutely belting along with both the Simple 2.0 and Advanced Tactics. Very exciting to see consistent results on the Forex Market. If you would like a free two week trial to our Forex room please send me an email at Shane@netpicks.com
Tradestation
|
Date |
Simple 2 |
Advanced Tactics |
|
2/2/09 |
0 – no trades |
-11 |
|
3/2/09 |
+34 |
+15 |
|
4/2/09 |
+87 |
+83 |
|
5/2/09 |
+29 |
+18 |
|
6/2/09 |
+66 |
+36 |
|
9/2/09 |
+119 |
+58 |
|
10/2/09 |
-17 |
+48 |
|
11/2/09 |
+9 |
0 – no trades |
|
12/2/09 |
+45 |
+57 |
|
13/2/09 |
0 – no trades |
+51 |
|
16/2/09 |
0 – US holiday |
0 – US holiday |
|
17/2/09 |
+14 |
+7 |
|
18/2/09 |
+24 |
+23 |
|
19/2/09 |
+36 |
-2 |
|
20/2/09 |
0 – no trades |
+37 |
Simple 2.0 Total Pips 446 Profit = $4,460
Advanced Tactics Total Pips 420 = $4,200
MT4
|
Date |
Simple 2 |
Advanced Tactics |
|
16/2/09 |
0 – US holiday |
0 -US holiday |
|
17/2/09 |
+26 |
+17 |
|
18/2/09 |
+57 |
-42 |
|
19/2/09 |
+35 |
+9 |
|
20/2/09 |
0 |
0 |
Hi Traders,
This will be a very quick update that I will be trying to get on every day just to give you a very brief snapshot of our live calls. We will continue to post our tabled results comparing all of our systems. I will be posting the last two weeks results later today and you will be surprised at how well the multiple system has performed during the last week of choppy market conditions. I will also be calling the 610 trades live on the Dax if the set up during our European or US session starting tonight.
Monday 23 February 2009 – Live trade calls
European session was slow and we set up with a short reversal on our Core system and spent 2hrs waiting for the trade to complete or stop us out. This rarely happens and all traders had the option to close out of the trade at 10:00am German exchange time. Trade eventually stopped out -17.5pts ($437.50 Euro)
Our next session kicked off on the US open and we traded the Russell 233 tick chart using our trustly Core system. We had two trades set up first was a reversal short that delivered 2.5pts and then a pullback into our trading bands set-up another short trade that delivered 2.2 pts profit. 2 winners and done in 37minutes…….nice!
Russell results 4.7 points profit $470.00USD
We then called two trades on the Dax Core with the first set up a deep pullback delivering 19pts and a pullback shortly after going to target for 12.5pts. Two winners and done within 15minutes of of starting the session, even better!! total pts taken 31.5 $787.50 Euro.
We then moved onto the Simple 2.0 222 tick chart on the Dax and called our 5th winning trade for the session. A pullback into the bands set up a textbook short pullback looking for a 1x target we collected 17.5 points profit $437.50Euro.
Summary Mondays trading results:
European session:
-$437.50 Euro Dax
US session
$1225 Euro Dax
$470.00 USD Russell
If you have any questions or would like more of a look at our UMT systems please email me at shane@netpicks.com.
cheers
Shane
1st week of February kicks off and turns out to be a fairly neutral week on all systems except the Simple 2.0 610. This system and tick chart is keeping us positive week after week and is proving to be a very consistent performer. We need to remember that the 610 is only called live during the Dax European session and again when we kick off at 15:50 German Exchange Time for the US session. The point totals provided in the table below also include the session times from 17:00-22:00 Exchange time.
Happy Trading.
Shane
Shane@netpicks.com
| European trading session 2-6 February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | -12.5 | 14 | 4 | 17.5 | 2 | 25 | $625.00 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | 4 | -4 | -67 | 4 | 0 | -63 | -$1,575.00 |
| Simple 2.0 610 Tick | -51 | 33 | 52.5 | -38.5 | 16 | 12 | $300.00 |
| Advanced Tactics – 144 Tick | 18.5 | -3 | -21 | -9 | -19.5 | -34 | -$850.00 |
| Total Euro’s | -41 | 40 | -31.5 | -26 | -1.5 | -60 | -$1,500.00 |
| Eurostoxx 50 | |||||||
| Core 144 Tick | 9 | -18 | -23 | 12 | -7 | -27 | -$270.00 |
| Advanced Tactics 144 Tick | 22 | -14 | -13 | 4 | -14 | -15 | -$150.00 |
| Forex Pairs | |||||||
| Simple 2.0 200 tick | TBA | 0 | $0.00 | ||||
| Advanced Tactics 200 Tick | TBA | 0 | $0.00 | ||||
| Total | -$420.00 | ||||||
| US trading session 2-6 February 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | 8 | 13 | 9 | -31.5 | -24.5 | -26 | -$650.00 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | 18.5 | 13.5 | 16 | -26 | 38 | 60 | $1,500.00 |
| Simple 2.0 610 Tick | -18.5 | 54.5 | -8.5 | 85 | 79.5 | 192 | $4,800.00 |
| Advanced Tactics – 144 Tick | -10.5 | 13.5 | -16 | 16.5 | 6 | 9.5 | $237.50 |
| Total Euro’s | -2.5 | 94.5 | 0.5 | 44 | 99 | 235.5 | $5,887.50 |
| Eurostoxx 50 | |||||||
| Core 144 Tick | -8 | -7 | 14 | -20 | 9 | -12 | -$120.00 |
| Advanced Tactics – 144 Tick | 0 | 13 | 5 | 14 | 12 | 44 | $440.00 |
| S&P500 | $0.00 | ||||||
| Simple 2.0 610 Tick | -3.25 | 0 | 0 | 0 | 0 | -3.25 | -$162.50 |
| Total | |||||||
Hi everyone,
I will have last weeks numbers shortly for our live calls and also our system trades. However I though I would give you plenty of warning as we are just about to launch our new session on the Russell. We have been busy trying to find a replacement for the Eurostoxx50. Lets be brutally honest here, our Eurostoxx50 Core trading has struggled since November. We are currently running just under breakeven and that doesn’t include brokerage, so its time to retire the Eurostoxx50!
We need to remember as traders our number 1 priority is making money. Avoid getting emotionally attached to a market as that can sometimes be a traders downfall. We have so many opportunities with the systems we trade so now is the time to turn our attention to a very lucrative opportunity we like to refer to as the Russell 233 tick. Our strategy for extracting these little pieces of gold will be the UMT Core.
We are in the fortunate position to be able to apply our system to any market and time frame/tick chart for trading. so our job here is to bring our members the best markets to trade. We have over 10 full-time traders/coaches constantly looking at markets, backtesting and forward testing to ensure you are getting the best possible “bang for your buck”!
You only have to look at the work TJ, Mike and Brian are doing with the T-Notes and the emini’s to deliver consistent profitable trading strategies. Also Mark’s new push into the Forex to ensure we absolutely nail that market with the development of Forex live. There has never been a better time to be a UMT owner. You will find that this year our focus will solely be on ensuring our members success. Never before has so much time, effort and energy been put into identifying the best markets and strategies for you to trade!!
Paul Walker is one of newest UMT coaches/traders. His focus over the last six months has been the tracking and trading the Russell 233 tick using the Core strategy. Paul has developed a slight modification to the standard rules for trading the Russell which has helped him achieve almost a 69% win rate since September 08. Over the last 4 months his refined strategy has netted a total of $29,860 USD trading 1 contract using the “power of quitting” – 2 winners and done. Most sessions usually last for no more than 1 hour………that is what I call trading!
We will be launching our live Russell trading room utalising the UMT “power of quitting positive startegy” 1 hour before we start trading our Dax session, 8:15am New York Exchage time.
We will be using the UMT Core and I will be providing live training on the Core startegy ongoing and more intesively over the next two weeks at the end of my Dax sessions. So if you are intersted in being part of our exciting new foray into the Russell and becoming a UMT owner please drop me an email at Shane@netpicks.com.
| Symbol: | ER2 | Chart: | 233 Tick | $ / Point: | 100.00 | ||
| $ Won | 49170.00 | # of Wins | 160 | Largest Win | $ 1,080.00 | Pict
|
|
| $ Lost | (19310.00) | # of Losses | 72 | Largest Loss | $ (470.00) | ||
| $ Net | 29,860.00 | Total Trades | 232 | ||||
| Avg $/Trade | 128.71 | Wins | 69% | PF | 5.66 | Cumm Pts | |
| 298.60 | |||||||
| Date | Time | Buy | Sell | SellShort | Cover | Points |
Happy trading
Cheers
Shane
NetPicks is proud to announce the calling of the EuroStoxX50 for the first time last night. The StoxX50 is a fantastic market to trade with approximately four times more volume than that of the DAX Futures (although not quite the same volatility and speed of movement). Our backtesting has yielded very positive results on a 233T chart and the lower price per point of 10 Euros should be a little more forgiving for beginning traders. As usually happens on your first trade of a new system or market (or so it seems sometimes), we hade a stop out on the only signal taken last night. If indeed you did take this trade live, give yourself a big pat on the back. The set up was great and more times than not it would deliver profit. Please join us again tonight at 0430 EST (1930 AEST) for what should be another great session to trade.
Dan Lowry
14 Oct 08
|
EuroStoxX50 |
Week 13-17 October 2008 |
|
|
233T |
|
|
|
|
European session |
|
|
|
|
|
|
Days |
Simple 2 |
Total |
|
Monday |
- 14 |
- 14 |
|
Tuesday |
– 13 |
- 27 |
|
Wednesday |
- 6 + 10 |
- 23 |
|
Thursday |
+ 22 + 22 |
+ 21 |
|
Firday |
|
+ 21 |
|
Total |
|
21 |
Traders as you can see we finished the first week on this market in profit. Notice the power of this system with one trading day really bringing home the bacon. This really highlights the importance of sticking to the plan and stepping up to the plate time after time.
Good work to all those who followed the plan and finished the week with some profit, I will see you all Monday at 0330 EST.
Dan
|
EuroStoxX50 |
Week 20-24 October 2008 |
|
|
233T |
|
|
|
|
European session |
|
|
|
|
|
|
Days |
Simple 2 |
Total |
|
Monday |
- 14 |
- 14 |
|
Tuesday |
|
- 14 |
|
Wednesday |
|
- 14 |
|
Thursday |
– 10 – 6
|
- 30 |
|
Firday |
+ 2 + 2 + 31 |
+ 5 |
|
Total |
|
5 |
In what was a though week we had to wait right till the last trade of the trading week to cover the losses of earlier trades. The Market was quite slow during the time we spent in the trading room and signals hard to come by. The 31 point winner on Friday was a tough one on the nerves taking over an hour to reach profits. The room will start an hour earlier this week with the adjustment in world time zones. Hopefully this will aid us in getting amongst the action.
Happy trading,
Daniel Lowry
|
EuroStoxX50 |
Week 27 – 31October 2008 |
|
|
233T |
|
|
|
|
European session |
|
|
|
|
|
|
Days |
Simple 2 |
Total |
|
Monday |
+19 |
+19 |
|
Tuesday |
-13 +20 |
+26 |
|
Wednesday |
+2 -14 |
+14 |
|
Thursday |
|
+14 |
|
Firday |
+2 -10 -5
|
+ 1 |
|
Total |
1 |
|
|
EuroStoxX50 |
Week 3 – 7 Nov 2008 |
|
|
233/144T |
|
|
|
|
European session |
|
|
|
|
|
|
Days |
Simple 2 |
Total |
|
Monday |
-10 -13 |
-23 |
|
Tuesday |
- |
-23 |
|
Wednesday |
|
-23 |
|
Thursday |
-12 -5 |
-40 |
|
Firday |
-12 -12
|
-64 |
|
Total |
-64 |
|
The first week we decide to track our progress based on a 10,000 euro trading account we start off slightly down for the week. Not to worry, we are building a great history of performance on this market and we will no doubt continue our success trading the Dax. What is interesting in looking at last weeks results is that again the US session proved itself as a solid performer. This session has taken a massive 792pts since the 1st August 2008. Anyway down to the numbers for last week:
| DAX 144 | Week 3-7 November 2008 | ||||||
| European session | US Session | ||||||
| Days | Core | Simple 2.0 | Core | Simple 2.0 | Total | ||
| Monday | -12.5 | -49 | -61.5 | ||||
| Tuesday | -26 | NT | -26 | ||||
| Wednesday | -36.5 | 49.5 | 13 | ||||
| Thursday | -31.5 | 30 | -1.5 | ||||
| Firday | 26 | 20 | 46 | ||||
| Total | -80.5 | 30 | 20.5 | -30 | |||
| EUR PL | -$2,012.50 | $0.00 | $750.00 | $512.50 | -$750.00 | ||
| 2 winners and done – Power of quitting | |||||||
| DAX 144 | Week 3 – 7 November 2008 | ||||||
| European session | US Session | ||||||
| Days | Core | Simple 2.0 | Core | Simple 2.0 | Total | ||
| Monday | 23 | -14.5 | 8.5 | ||||
| Tuesday | -26 | NT | -26 | ||||
| Wednesday | -16 | 2 | -14 | ||||
| Thursday | -28 | -16 | -44 | ||||
| Firday | 20 | 21.5 | 41.5 | ||||
| Total | -27 | -16 | 9 | -34 | |||
| EUR PL | -$675.00 | $0.00 | -$400.00 | $225.00 | -$850.00 | ||
| 1 winner and done - Power of quitting | |||||||
| Trading Account opening Balance – 10,000 Euro | |||||
| 2 winners and Done | 1 winner and Done | ||||
| Balance | $10,000.00 | $10,000.00 | |||
| P/L | -$750.00 | -$850.00 | |||
| Brokerage | -$144.00 | -$36.00 | |||
| EURO P/L | 9,106.00 | 0.00 | 9,114.00 | ||
| Broker 4 Euro per round trip including exchange fees | |||||
Cheers
Shane
We had a slightly interrupted week this week however our live sessions continued to show positive results with both strategies coming out positive on the week. Provided below are the numbers for the last fortnight. Our 2 winners and done (power of quitting) is leading the way with our account up $1800 Euro while the 1 winner and done strategy pulled some group back with a positive week at $972 Euro.
I have included below a full breakdown of the stats for this week:
| DAX 144 | Week 10-14 November 2008 | |||
| European session | US session | |||
| Days | Core | Simple 2.0 | Total | |
| Monday | 30 | 20 | 50 | |
| Tuesday | -38.5 | 32.5 | -6 | |
| Wednesday | -7.5 | NT | -7.5 | |
| Thursday | NT | NT | 0 | |
| Friday | 7 | NT | 7 | |
| Total | -9 | 52.5 | 43.5 | |
| AUD P\L | -$225.00 | $1,312.50 | $1,087.50 | |
| 2 winners and done – Power of quitting | ||||
| DAX 144 | Week 10-14 November 2008 | |||
| European session | Us session | |||
| Days | Core | Simple 2.0 | Total | |
| Monday | -17.5 | 21.5 | 4 | |
| Tuesday | -24.5 | 1.5 | -23 | |
| Wednesday | -17 | NT | -17 | |
| Thursday | NT | NT | 0 | |
| Friday | 4 | NT | 4 | |
| Total | -55 | 23 | -32 | |
| Euro P/L | -$1,375.00 | $575.00 | -$800.00 | |
1 winner and done – power of quitting
| week2 | ||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | ||||
| 2 winners and Done | 1 winner and Done | |||
| Balance | $9,106.00 | $9,114.00 | ||
| P/L | $1,087.50 | -$800.00 | ||
| Brokerage | -$84.00 | -$24.00 | ||
| EURO P/L | 10,109.50 | 0 | 8,290.00 | |
| DAX 144 | Week 17 – 21 November 2008 | ||
| European session | US session | ||
| Days | Core | Simple 2.0 | Total |
| Monday | -34.5 | NT | -34.5 |
| Tuesday | 14 | 31 | 45 |
| Wednesday | 43 | 11 | 54 |
| Thursday | NT | 20 | 20 |
| Friday | NT | -13 | -13 |
| Total | 22.5 | 71.5 | |
| Euro P/L | $562.50 | $0.00 | $1,787.50 |
| 2 winners and done – Power of quitting | |||
| DAX 144 | Week 17-21 November 2008 | ||
| European session | US session | ||
| Days | Core | Simple 2.0 | Total |
| Monday | -32.5 | NT | -32.5 |
| Tuesday | 17.5 | 25 | 42.5 |
| Wednesday | 43 | 38 | 81 |
| Thursday | NT | -22.5 | -22.5 |
| Friday | NT | -28.5 | -28.5 |
| Total | 28 | 40 | |
| AUD P\L | $700.00 | $0.00 | $1,000.00 |
1 winner and done – power of quitting
| week3 | ||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | ||||
| 2 winners and Done | 1 winner and Done | |||
| Balance | $10,109.00 | $8,290.00 | ||
| P/L | $1,787.50 | $1,000.00 | ||
| Brokerage | -$96.00 | -$28.00 | ||
| EURO P/L | 11,800.50 | 0 | 9,262.00 | |
Cheers
shane
After a very sluggish start for November we have come out with solid results for both the 1 winner and done and 2 winners and done strategy. Both our trading sessions bounced back over the last 2 weeks and we now have a collective total of 1513 pts for the Dax called live since June this year. That is a gross figure of $37,828.00 Euro.
We have also been trading our results in a simulted trading account which we started in November and the figures are provided below. Both accounts are up substantially for the Month with our 2 winners and done account up 69%…not too bad for 2 hours trading per day!!!
| DAX 144 | Week 24-28 November 2008 | |||||
| European session | US Session | |||||
| Days | Core | Core | Total | |||
| Monday | 60 | 53.5 | 113.5 | |||
| Tuesday | 27 | 45 | ||||
| Wednesday | 32 | -24.5 | ||||
| Thursday | 13 | NT | ||||
| Friday | 7.5 | -4.5 | ||||
| Total | 139.5 | 69.5 | 113.5 | |||
| Euro P/L | $3,487.50 | $1,737.50 | $5,225.00 | |||
| 2 winners and done – Power of quitting | ||||||
| DAX 144 | Week 24-28 November 2008 | |||||
| European session | US Session | |||||
| Days | Core | Core | Total | |||
| Monday | 49 | 36 | 85 | |||
| Tuesday | 27 | 24 | 51 | |||
| Wednesday | 32 | -15.5 | 16.5 | |||
| Thursday | -21.5 | NT | -21.5 | |||
| Friday | -19.5 | 4 | -15.5 | |||
| Total | 67 | 48.5 | 115.5 | |||
| Euro P/L | $1,675.00 | $1,212.50 | $2,887.50 | |||
| 1 winner and done - Power of quitting | ||||||
| week3 | ||||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | ||||||
| 2 winners and Done | 1 winner and Done | |||||
| Balance | $11,800.50 | $9,262.00 | ||||
| P/L | $5,225.00 | $2,887.50 | ||||
| Brokerage | -$92.00 | -$36.00 | ||||
| EURO P/L | 16,933.50 | 0 | 12,113.50 | |||
| Cheers Shane | ||||||
As we fast approach the end of the trading year you would think that things may be starting to slow down….not the Dax, and definitely not our core strategy!! We continue to get solid sessions leading up to the holiday period and I have posted Decembers results for the first two weeks for your perusal. Don’t forget that we are now calling trades on the Eurostoxx50 which we will start to track and record moving forward.
I will be posting a video later in the week for those who have been following the blog to see the core strategy in action.
| DAX 144 | Week 1-5 December 2008 | ||||
| European session | US Session | ||||
| Days | Core | Core | Total | ||
| Monday | 38.5 | 32.5 | 71 | ||
| Tuesday | -27 | 36 | 9 | ||
| Wednesday | -13.5 | 16 | 2.5 | ||
| Thursday | 17 | -49.5 | -32.5 | ||
| Friday | 15.5 | 18 | 33.5 | ||
| Total | 30.5 | 53 | 83.5 | ||
| Euro P/L | $762.50 | $1,325.00 | $2,087.50 | ||
| 2 winners and done – Power of quitting | |||||
| DAX 144 | Week 1-5 December 2008 | ||||
| European session | US Session | ||||
| Days | Core | Core | Total | ||
| Monday | 23.5 | 18.5 | 42 | ||
| Tuesday | -11.5 | 23 | 11.5 | ||
| Wednesday | 2 | 23.5 | 25.5 | ||
| Thursday | 17 | -17.5 | -0.5 | ||
| Friday | -21 | 30 | 9 | ||
| Total | 10 | 77.5 | 87.5 | ||
| Euro P/L | $250.00 | $1,937.50 | $2,187.50 | ||
| DAX 144 | Week 8-12 December 2008 | ||||
| European session | US Session | ||||
| Days | Core | Core | Total | ||
| Monday | -30.5 | -36.5 | -67 | ||
| Tuesday | 42 | 34.5 | 76.5 | ||
| Wednesday | 4 | 34 | 38 | ||
| Thursday | 32.5 | 12.5 | 45 | ||
| Friday | -18.5 | NT | -18.5 | ||
| Total | 29.5 | 44.5 | 74 | ||
| EuroP/L | $737.50 | $1,112.50 | $1,850.00 | ||
| 2 winners and done – Power of quitting | |||||
| DAX 144 | Week 8-12 December 2008 | ||||
| European session | |||||
| Days | Core | Simple 2.0 | Total | ||
| Monday | -15 | -16 | -31 | ||
| Tuesday | 27 | 26 | 53 | ||
| Wednesday | 22.5 | 25.5 | 48 | ||
| Thursday | 19 | -28 | -9 | ||
| Friday | -18.5 | NT | -18.5 | ||
| Total | 35 | 7.5 | 42.5 | ||
| Euro P/L | $875.00 | $187.50 | $1,062.50 | ||
| 1 winner and done - Power of quitting | |||||
| week1 | |||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | |||||
| Balance | $16,933.50 | $12,113.50 | |||
| P/L | $2,087.50 | $2,187.50 | |||
| Brokerage | -$84.00 | -$40.00 | |||
| EURO P/L | 18,937.00 | 0 | 14,261.00 | ||
| Broker 4 Euro per round trip including exchange fees | |||||
| week2 | |||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | |||||
| 2 winners and Done | 1 winner and Done | ||||
| Balance | $18,937.00 | $14,261.00 | |||
| P/L | $1,850.00 | $1,062.50 | |||
| Brokerage | -$80.00 | -$36.00 | |||
| EURO P/L | 20,707.00 | 0 | 15,287.50 | ||
Cheers
shane
In light of the thin volume and Xmas New Year break, we have completed our trading for December and it is now time to post the December results. Again, we see the value of trading both sessions. Our European session struggled this week posting a loss for the week of 51pts. However the US session continues to deliver and we ended the week up 20.5pts. Overall for the month of December we again managed to post another winning month. The European session delivered 10pts pf profit for the month while our US session managed an impressive 118.50pts profit.
Make sure you check the blog over the next two days as I will be posting the following:
December 2008 Monthly results:
European session Core: 10pts profit
US session Core:118.50pts profit
Weekly breakdown for 15-19 December 2008
| DAX 144 | Week 15-19 December 2008 | ||||
| European session | US Session | ||||
| Days | Core | Core | Total | ||
| Monday | -55 | -24.5 | -79.5 | ||
| Tuesday | -20.5 | 15.5 | -5 | ||
| Wednesday | 37 | 33.5 | 70.5 | ||
| Thursday | -21 | -4 | -25 | ||
| Friday | 8.5 | NT | 8.5 | ||
| Total | -51 | 20.5 | -30.5 | ||
| Euro P/L | -$1,275.00 | $512.50 | -$762.50 | ||
| 2 winners and done – Power of quitting | |||||
| DAX 144 | Week 15-19 December 2008 | ||||
| European session | US session | ||||
| Days | Core | Core | Total | ||
| Monday | -32 | -12.5 | -44.5 | ||
| Tuesday | -20.5 | -14 | -34.5 | ||
| Wednesday | 21 | 20.5 | 41.5 | ||
| Thursday | -21 | 20 | -1 | ||
| Friday | -13.5 | NT | -13.5 | ||
| Total | -66 | 14 | -52 | ||
| EURO P\L | -$1,650.00 | $350.00 | -$1,300.00 | ||
| 1 winner and done - Power of quitting | |||||
| Week 3 – | ||||
| Trading Account opening Balance – 10,000 Euro Nov 2008 | ||||
| 2 winners and Done | 1 winner and Done | |||
| Balance | $20,707.00 | $15,287.50 | ||
| P/L | -$762.50 | -$1,300.00 | ||
| Brokerage | -$72.00 | -$36.00 | ||
| EURO P/L | 19,872.50 | 13,951.50 | ||
Progress of our simulated trading account based on 1 contract with a starting balance of 10,000 Euro.
Cheers
shane
Hard to believec that we have already closed out 2008 and are now into a new year with the promise of great opportunities ahead. We are very excited here at Netpicks as we believe we have three excellent trading systems that prove themselves time and time again. We continue to improve our product and look forward to delivering our members the very best service for 2009. We also will be working tirelessly this year to ensure you have the best possible edge in your trading. To all our members and regular blog viewers I hope you had a fantastic Xmas and New Year and I look forward to assisting you in your trading success for 2009.
Reflection
This time of the year is the perfect time for reflection both personally and professionally. It is an opportunity for us to really look at our performance and plan for the year ahead. I myself have spent the break doing just that and really looking at how we can improve in 2009. As part of that process I have provided a summary of the trading room performance for both the European session (8:45am-10:00am German Exchange Time) and the Dax US session (15:50pm-17:30pm German Exchange Time) for your perusal.
If you are looking to trade with us this year I would encourage you to really spend time looking at the results. That is the first step in preparing yourself for the mental challenge of trading with any new system. If you had the luxury of knowing ahead of time that your 2009 year would look exactly like the results below you would have no hesitation in taking every trade, feeling confident that 2009 would be a very profitable year. You would not have been shaken by the 7 trade losing run or the 56% win rate. Unfortunately, no matter how good your system is trading will always test your mental staying power. If your preparation is not right, any losing streak will chip away at your confidence, expose your lack of preparation and highlight your fear of losing. It is at this point that most new traders give up and turn their attention to the next super profitable system. How do we break the cycle?
Many new traders believe that buying a cheap system or subscribing to a signal service that requires little to no effort will help them achieve the dream of being consistently profitable. The reality is that most consistently profitable traders have spent the equivalent of 10 years learning their craft. There is no short cut in trading, no magic system or indicator or signal service. The investment you need to make in this industry to be successful is in yourself. Those 10 years experience need to be absorbed and skills developed to a point were you are systematic and unemotional in your trading.
Therein lies the dilemma that faces all traders as they start the new year, filled with hope, anticipating the final breakthrough in your trading with consistent profits week in week out. The constant release of endorphins from the rush of winner after winner? We all wish it was that easy!! who wants to spend 10 years struggling as a trader to hopefully one day make it!! How do you speed up this process?
The answer is mentoring!!
Start to turn your trading around in 2009
If you are struggling with your trading and are not getting the results you expect; this is the year to turn things around. The time is now to make a decision about your trading future and be resolute in your commitment and application. The Internet is lettered with unscrupulous vendors who promise the world and deliver very little. My advice this year to those who are following our blog is invest your time, energy and money in being mentored by Traders who are making money!!
We are a small company who have been around for over 14 years. Our staff are all professional traders who trade the system day in day out. We have a fantastic mentoring program here at Netpicks designed to turn you into a pro-trader and achieve success. If you really want to get serious in 2009 chat to me about the mentor program as I believe it will transform your trading.
Our Performance
It is clear that the profit potential on both sessions is very good. However you would have been tested using this system and if you were:
The challenge we all face as traders is to maintain the mental fortitude when you go through losing runs. This is what separates the professional traders from the amateur and it is what ultimately may decide your fate as a trader. The key elements to your success with Netpicks will come from the 8 weeks of one-one coaching with our pro-traders to focus on:
If you would like to start being consistently profitable with your trading please contact me for more information about our pro-trader mentoring program at Shane@netpicks.com.
Happy Trading
Shane
Live Dax Trading European session: Commenced 1 June 2008 (1 contract only)
|
|
|
|
No. of trades # Winning trades # Losing trades |
260 145 115 |
|
Percentage winners |
56% |
|
Profit factor |
1.70 |
|
Total winning dollars |
$63,562.50 |
|
Total losing dollars |
$47,237.50 |
|
Profit before brokerage |
$16,325.00 |
|
Profit after brokerage (allowing 4 Euro per round turn) |
$15,285.00 |
|
Average profit per trade |
$438.36 |
|
Average Loss per trade |
$410.76 |
|
Largest winner |
$1,225.00 |
|
Largest Loser |
$1,025.00 |
|
Longest winning run |
11 |
|
Longest losing run Total number of Dax points |
7 653 |
|
|
|
Live Dax trading for the US Session: commenced 1 August 2008 (1 contract only)
|
|
|
|
No. of trades #Winning trades #Losing trades |
250 142 108 |
|
Percentage winners |
57% |
|
Profit factor |
2.09 |
|
Total winning dollars |
$66,425.00 |
|
Total losing dollars |
$41,712.50 |
|
Profit before brokerage |
$24,712.50 |
|
Profit after brokerage (allowing 4 Euro per round turn) |
$23,712.50 |
|
Average profit per trade |
$467.69 |
|
Average Loss per trade |
$386.22 |
|
Largest winner |
$1,287.50 |
|
Largest Loser |
$912.50 |
|
Longest winning run |
7 |
|
Longest losing run Total number of Dax pts |
5 988.50 |
|
|
|
As promised we are going to be tracking all systems this year on the Dax to really give you an insight as to how they are performing side-by-side. Monday’s early session was tough with us only producing profit on the advanced tactics. Having the opportunity to trade a second session on the Dax continues to show its value with all systems posting positive returns for the afternoon. Our larger 610 tick chart on the Simple 2.0 takes the honours today!!
| DAX 144 | Week 12-16 January 2009 | |||||
| 2 winners done | ||||||
| European session | ||||||
| Days | Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | ||
| Monday | -36 | -31 | 21 | 2 | ||
| Tuesday | ||||||
| Wednesday | ||||||
| Thursday | ||||||
| Friday | ||||||
| Total | -36 | -31 | 21 | 2 | ||
| Euro P/L | -$900.00 | -$775.00 | $525.00 | $50.00 | ||
| DAX 144 | Week 12-16 January 2009 | |||||
| 2 winners done | ||||||
| US session | ||||||
| Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | |||
| Days | ||||||
| Monday | 24 | 8 | 46.5 | 15 | ||
| Tuesday | ||||||
| Wednesday | ||||||
| Thursday | ||||||
| Friday | ||||||
| Total | 24 | 8 | 46.5 | 15 | ||
| Euro P/L | $600.00 | $200.00 | $1,162.50 | $375.00 | ||
All the best.
shane
We started the European session with winners on all of our systems, except the Simple 2.0 144 tick. The simple 2.o 144 tick has struggled early, however we know that this system has huge profit potential and has delivered for us week-in-week-out. So now is not the time to get rattled by a couple of losing sessions. Remember, if the Simple 2.o is your vehicle of choice, don’t leave it abandoned by the side of the road at the first sign of a sluggish motor. Remember every losing trade now brings us closer to a winner!!
If you have put in the time to really backtest this system and know how it performs you will have the confidence to trade through any losing run. This was re-inforced by our resident T-Notes expert, Mike Rykse. Mike delivered a excellant presentation to our Pro-trader mentor group, earlier today on how to successfully back test.
What else can we gleam from our trading results so far!!
The Advanced tactics is clearly out in front with a 100% session strike rate. This would have to be hands down the easiest system I have ever traded. So for those traders out there new to the futures/stock/forex or commodity markets, this system is ideal.
What is also interesting from the results this week is that the Simple 2.0 610 tick is leading the way as far as accumaulated points. What is also amazing is that through late December, early January this system is running at over 70%. One to keep and eye on which is exactly what we will be doing here!!
Before I go, just though I would like to extend a warm welcome to our newest team member, Ken Cunningham. Ken has been with Netpicks for over two years and has now made the transition to full-time trader. Ken is a very disciplined, systematic and detailed trader who is now calling our S&P500 emini session last 45 mins prior to the US close. Ken is also currently trialing our Simple 2.0 on the European Forex session with some amazing results. Welcome aboard Ken!!
We are very excited to have launched the US Forex room which has taken off with our member base. Keep checking into the blog as we will have a special announcement concerning the European Forexsession shortly.
| DAX 144 | Week 12-16 January 2009 | |||
| 2 winners done | ||||
| European session | ||||
| Days | Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick |
| Monday | -36 | -31 | 21 | 2 |
| Tuesday | 12.5 | -11 | 48 | 3.5 |
| Wednesday | ||||
| Thursday | ||||
| Friday | ||||
| Total | -23.5 | -42 | 69 | 5.5 |
| Euro P/L | -$587.50 | -$1,050.00 | $1,725.00 | $137.50 |
| DAX 144 | Week 12-16 January 2009 | |||
| 2 winners done | ||||
| US session | ||||
| Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | |
| Days | ||||
| Monday | 24 | 8 | 46.5 | 15 |
| Tuesday | -18 | -8.5 | -42.5 | 5 |
| Wednesday | ||||
| Thursday | ||||
| Friday | ||||
| Total | 6 | -0.5 | 4 | 20 |
| Euro P/L | $150.00 | -$12.50 | $100.00 | $500.00 |
All the best.
Shane
Today was just one of those great days to trade!! Volume was up, the market was moving and we were hitting targets all day.
My plan at the outset of my trading day is to start feeling relaxed and confident about the session ahead. I spend time preparing my workspace and going over my trading plan. I have a number of techniques I use to prepare for the session which I will share with you on a later blog. Today I wanted to focus on” staying with the trade, and sticking with your plan”.
Lets look at our core trading system for todays session to get a good feel for what I’m talking about. For those of you who are not members I will post a video walk-through detailing this session shortly.
The session started with a solid gap up..this happens regularly on the Dax. Trading the gap without a solid plan can be disastrous. Trading the Dax for the European session requires preparation and a strategy for the first hour of volatility to to avoid getting chewed up as the market direction battles between buy and sell orders. We are getting very good at managing the gap!!! Our rules are simple and effective. Determine the previous trade from the close of the US session. Wait for the trade to complete and look to take the next trade in sequence respecting the session high and low….easy, right!!
The difficulty comes with staying with the trade when price turns against you. Todays trade was a perfect example. We opened the session over brought from the previous session and still in a long trade according to our system. A perfect scenario for a reversal short. All we needed to do was be patient and wait for the set-up. It came at 9:08 triggering us in at 4663 to a short reversal with a target of 4633. As soon as we entered the trade price action moved toward our stop. Our rule is that once prices moves below the OS/OB line on a short we adjust our stop to the previous swing high band. Placing the stop at the top of our bands is too tight for the reversal trade on the Dax. So once our stop is adjusted we wait to see price either move towards our 80-90% area or stop us out. We will occasionally have a new trader to the room suggest that when price action moves toward our stop we exit for a smaller loss and get ready for the next set-up. This is a fatal mistake we see with new traders or those who have not put time into leaning the system, backtesting and really testing each of the set-ups. Experience with the system allows us to be very specif about our stop placement. We know that we will occasionally take heat on these trades, however the higher percentage of these set-ups go to full target. Today was no exception. Our trade delivered 30 points profit and we were done for the session.
We are systematic with our application and unwavering in our trade execution. In the example above we were not concerned about price action just ensuring that we executed our trade according to our rules, knowing our edge in the market will take care of the rest. Remember, stay with your trades and stick to your plan!!
I have included the results for our other systems below:
| DAX 144 | Week 12-16 January 2009 | ||||
| 2 winners done | |||||
| European session | |||||
| Days | Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | |
| Monday | -36 | -31 | 21 | 2 | |
| Tuesday | 12.5 | -11 | 48 | 3.5 | |
| Wednesday | 30 | -2 | 90.5 | 8 | |
| Thursday | |||||
| Friday | |||||
| Total | 9.5 | -44 | 159.5 | 13.5 | |
| Euro P/L | $237.50 | -$1,100.00 | $3,987.50 | $337.50 | |
| DAX 144 | Week 12-16 January 2009 | ||||
| 2 winners done | |||||
| US session | |||||
| Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | ||
| Days | |||||
| Monday | 24 | 8 | 46.5 | 15 | |
| Tuesday | -18 | -8.5 | -42.5 | 5 | |
| Wednesday | 39 | 33.5 | 48.5 | 14.5 | |
| Thursday | |||||
| Friday | |||||
| Total | 45 | 33 | 52.5 | 34.5 | |
| Euro P/L | $1,125.00 | $825.00 | $1,312.50 | $862.50 | |
Just a bit of an update on our Forex European room. We have recorded 8 winning sessions in a row and things look very good for our new Forex room. More on that later!!
Cheers
Shane
This weeks results
Well the numbers are in and what a week it turned out to be!!
Our new Advanced Tactics system has performed exceptionally well ending positive on each session traded for the week with the US session netting a massive 99.5 pts. The other surprise is the 610 simple 2.0. This system absolutely outperformed on the European session with 173.5 pts for the week. Both the Simple 2.0 144 and the Core strategy finished the week neutral for the European session, but positive during the US trading session.
We see again from the numbers below the value of using the Universal Market Trader systems together. This is a strategy that is only just being explored by our member base and one which we will pursue here on our blog as we continue to track all systems on the Dax. Anytime you are able to achieve a hedge when trading, paces you in a very good position both from a risk management perspective and also from a trade psychology perspective. We have already seen the benefits that our members are experiencing from trading the T-Notes with the UMT Simple 2.o. Now they are combining the new advanced tactics and their results have increased exponentially. We see the same pattern emerging with the Dax, combining strategies has the potential to really increase your profit potential while helping to reduce your risk.
| DAX 144 | Week 12-16 January 2009 | |||
| 2 winners done | ||||
| European session | ||||
| Days | Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick |
| Monday | -36 | -31 | 21 | 2 |
| Tuesday | 12.5 | -11 | 48 | 3.5 |
| Wednesday | 33 | -2 | 90.5 | 8 |
| Thursday | 28.5 | 20.5 | -4.5 | 4 |
| Friday | -38 | 19.5 | 18.5 | 17.5 |
| Total | 0 | -4 | 173.5 | 35 |
| Euro P/L | $0.00 | -$100.00 | $4,337.50 | $875.00 |
| DAX 144 | Week 12-16 January 2009 | |||
| 2 winners done | ||||
| US session | ||||
| Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | |
| Days | ||||
| Monday | 24 | 8 | 46.5 | 15 |
| Tuesday | -18 | -8.5 | -42.5 | 5 |
| Wednesday | 39 | 33.5 | 48.5 | 14.5 |
| Thursday | -20 | -10.5 | 66 | 33 |
| Friday | 1.5 | 41.5 | -30.5 | 32 |
| Total | 26.5 | 64 | 88 | 99.5 |
| Euro P/L | $662.50 | $1,600.00 | $2,200.00 | $2,487.50 |
Note: Core and Simple 2.0 results are based on our live trading room.
News
We are getting close to announcing the second session of our Forex room, ideal for those trading in the Australasian and European regions. I will have more on that next week.
Until next week, have a super weekend and I will catch you on Monday!!
Cheers
Shane
I’m going to show my hand here and go on the record declaring that I am a massive fan of the Core system. It does take a bit more work to learn, however it has been good to me trading the Dax. That said, I can’t help but be impressed with our new systems and their performance. More specifically, the Advanced Tactics. Now for those of you who have embraced the new system you will be enjoying the benefits of a very easy system that delivers a great edge. You may also be questioning last nights results for the European session, as they should have been much better!! Well I am trading the Advanced tactics straight from the standard set-up, not taking any re-entry trades or optional re-entry trades or trades against the Directional. My backtesting has shown that this strategy delivers consistent profits on the Dax which is what we are looking for!! It also means that it is very easy to run this systems with the Core and Simple 2.0 and identify trades in real-time trading multiple markets.
We will be putting together a very comprehensive look at the Eurostoxx50 results and have establashed a blog specifically for trading the Eurostoxx50 at http://netpickseurostoxx50.wordpress.com
| DAX 144 | Week January 19-23 | ||||
| 2 winners done | |||||
| European session | |||||
| Days | Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | Core – Eurostoxx50 144 tick |
| Monday | 34 | 24 | -16 | -13.5 | 13 |
| Tuesday | |||||
| Wednesday | |||||
| Thursday | |||||
| Friday | |||||
| Total | 34 | 24 | -16 | -13.5 | 13 |
| Euro P/L | $850.00 | $600.00 | -$400.00 | -$337.50 | $130.00 |
| DAX 144 | Week 19-23 January 2009 | ||||
| 2 winners done | |||||
| US session | |||||
| Core 144 tick | Simple 2.0 144 tick | Simple 2.0 610 tick | Adv tactics 144 tick | Core – Eurostoxx50 144 tick | |
| Days | |||||
| Monday | -16 | 3.5 | NT | 39.50 | 9 |
| Tuesday | |||||
| Wednesday | |||||
| Thursday | |||||
| Friday | |||||
| Total | -16 | 3.5 | 39.50 | 9 | |
| Euro P/L | -$400.00 | $87.50 | $0.00 | $987.50 | $90.00 |
Util next time, happy trading.
cheers
shane
Another week of trading behind us and the simple 2.0 is a clear winner!! As we can see all of our UMT systems performed this week across a number of markets, showing you their power and versatility. Our Forex results have been very consistent and we will be officially launching our European Forex Room shortly, so stay tuned for that announcement!!
The only system that struggled slightly was our Core system on both the Dax and Eurostoxx50 during the US session. Again we need to remind ourselves that the core system has been a proven performer and I believe is a valuable addition to any trading strategy. That leads me into this weeks Blog topic:
System Diversification
If you are a regular blog follower you would be familiar with our performance on the Dax from our live trading rooms. You would be aware that we have accumulated over 1700 pts trading the Dax using the core and more recently the simple 2.0 in just over 6 months. So if you had been trading these systems from June 2008, well done!!
You would be unfazed about a losing week for the Core because you know that this system has a great edge for trading the Dax.
As our members experience more and more success with the UMT systems, and accounts start to grow you will find yourself in a position to increase your contract size based on your position sizing model. The trick here is managing the growth of your account once you start to trade multiple contracts. This is were some traders potentially” slip up”, while other see exponential growth in their account. What we want to focus on today is spreading our system risk. We can do this easily by trading an uncorrelated market. We could also add in an additional system. However, another option is to trade multiple strategies on the same market.
Risk management has many permutations. What I would like to focus on today is our system risk and how we spread that risk to ensure we are in a position to protect our self against a losing run or streak!! A clue in achieving that diversification is provided in the table below. This strategy was discussed with our members recently and titled “Power trading the TY for Super Profits”. If we have a close look at the Dax we will see the same strategy can be applied when trading the Dax with great effect.
For this example lets assume that you have built your account up and are trading 4 contracts on the Dax using the Core strategy. You are Trader 1 and while you have had a great 6 months, this week was a net loss of $850 per contract. A total loss of $3400.
Trader 1 – Core 144 - This week trading 4 contracts ends the week down. He trades two sessions the European and US session focusing on our strategy of the power of quitting, 2 winners and done.
Loss -$3400
Our next Trader trades a combination of the Core and Simple 2.0 144 Tick, trading both sessions 2 wins and done. She finishes the week with a net profit of $7125.00.
Trader 2 - Core/simple 2.0 144 tick chart - trades both sessions finishing positive on the week. She uses the power of quitting 2 winners and done!!
Profit = $7125.00 (trading 2 core contracts and 2 simple 2.0 144 tick contracts)
Our third Trader wants to really spread their system risk and incorporates the Advanced Tactics system as well and ends the week positive $5825.00
Trader 3 – Trades a combination of the core, Simple 2.0 144 tick and the Advanced tactics and finishes positive on the week.
Profit – $5825.00 ( 2 contract on the core, 1 simple 2.0 144 and 1 contract using the Advanced tactics system)
Finally our last Trader decides to trade all three systems as well as the Simple 2.0 610 tick.
Trader 4 – Decides to trade 3 systems using four different trading strategies to maximise their diversification trading the Dax and finishes positive on the week $14,637.50
Profit – $14,637.50 ( Core 1 contract, Simple 2.0 144 tick 1 contract, Simple 2.0 610 1 contract, Advanced tactics 1 contract)
The power of system diversification to not only manage risk but potentially accelerate you profit potential is a strategy that should be given consideration!!
For more detail on this strategy and others that we are applying with our UMT systems feel free to email me at Shane@netpicks.com.
Happy trading.
Shane
| European trading session | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | 34 | -53.5 | 22.5 | 14 | -6 | 11 | $275.00 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | 24 | -11 | 34 | 13 | 45.5 | 106 | $2,637.50 |
| Simple 2.0 610 Tick | -16 | -84 | 58 | 17 | 100.5 | 75.5 | $1,887.50 |
| Advanced Tactics – 144 Tick | -13.5 | 18.5 | 27.5 | 7 | 8 | 47.5 | $1,187.50 |
| Total Euro’s | 28.5 | -130 | 142 | 51 | 148 | 240 | $5,987.50 |
| Eurostoxx 50 | |||||||
| Core 144 Tick | 13 | -23 | 1 | 17 | -4 | 4 | $40.00 |
| Advanced Tactics 144 Tick | NT | 5 | 19 | 7 | 22 | 53 | $530.00 |
| Simple 2.0 610 Tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Forex Pairs | |||||||
| Simple 2.0 200 tick | 71 | -41 | 113 | -134 | 110 | 119 | $1,190.00 |
| Advanced Tactics 200 Tick | 0 | 85 | 46 | -7 | 137 | 261 | $2,610.00 |
| Total | $10,357.50 | ||||||
| US trading session | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | -16 | 8 | -36.5 | -30 | 29.5 | -45 | -$1,125.00 |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| Simple 2.0 144 Tick | 3.5 | 13 | 46 | -17.5 | 26 | 71 | $1,775.00 |
| Simple 2.0 610 Tick | NT | 93 | 40.5 | 35.5 | 74 | 243 | $6,075.00 |
| Advanced Tactics – 144 Tick | 39.5 | 13 | 4 | 2.5 | 18 | 77 | $1,925.00 |
| Total Euro’s | $8,650.00 | ||||||
| Eurostoxx 50 | |||||||
| Core 144 Tick | 9 | 5 | -18 | -17 | 20 | -1 | -$10.00 |
| Advanced Tactics – 144 Tick | NT | 12 | -17 | -9 | 15 | 1 | $10.00 |
| Simple 2.0 610 Tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 |
| S&P500 | $0.00 | ||||||
| Simple 2.0 610 Tick | P/Hol | 2.5 | 3 | NT | NT | 5.5 | $275.00 |
| Total | $8,925.00 | ||||||
Cheers
shane
Preliminary results are in for the week and the numbers look good again on all systems, except the Simple 2.0 144 which struggled this week on both sessions. I will be posting Friday’s final numbers shortly, however as you can see the clear winner again is the 610 Simple 2.0. This system is racking up massive profits on the Dax. I will be back latter to provide a complete breakdown and analysis of the numbers this week.
| European trading session 26-30 January 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | 9 | -19.5 | -14 | 12.5 | -12 | -$300.00 | |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | $0.00 | |
| Simple 2.0 144 Tick | -30 | 12.5 | 2.5 | -11 | -26 | -$650.00 | |
| Simple 2.0 610 Tick | 17.5 | -12.5 | 68 | 98 | 171 | $4,275.00 | |
| Advanced Tactics – 144 Tick | 24.5 | -42 | 31.5 | 35.5 | 49.5 | $1,237.50 | |
| Total Euro’s | 182.5 | $4,562.50 | |||||
| Eurostoxx 50 | |||||||
| Core 144 Tick | 16 | 7 | 4 | -6 | 21 | $210.00 | |
| Advanced Tactics 144 Tick | -1 | -32 | 24 | 12 | 9 | 12 | $120.00 |
| Forex Pairs | |||||||
| Simple 2.0 200 tick | NT | 105 | 52 | NT | 64 | 221 | $2,210.00 |
| Advanced Tactics 200 Tick | NT | 102 | 49 | NT | 2 | 153 | $1,530.00 |
| Total | $4,070.00 | ||||||
| US trading session 26-30 January 2009 | |||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro |
| Core 144 Tick | 34 | 36 | 28 | 8.5 | 106.5 | $2,662.50 | |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | $0.00 | |
| Simple 2.0 144 Tick | 24.5 | -35.5 | 26.5 | -21 | 18 | 12.5 | $312.50 |
| Simple 2.0 610 Tick | 9 | 21 | 86.5 | 33.5 | 150 | $3,750.00 | |
| Advanced Tactics – 144 Tick | -27 | 23 | -3.5 | 6.5 | -1 | -$25.00 | |
| Total Euro’s | $6,700.00 | ||||||
| Eurostoxx 50 | |||||||
| Core 144 Tick | 25 | 0 | 14 | 16 | 20 | 75 | $750.00 |
| Advanced Tactics – 144 Tick | 11 | 9 | -3 | 6 | 4 | 27 | $270.00 |
| Simple 2.0 610 Tick | 0 | $0.00 | |||||
| S&P500 | $0.00 | ||||||
| Simple 2.0 610 Tick | 2.5 | 3.75 | 0.25 | 4.5 | NT | 8.5 | $425.00 |
| Total | |||||||
Cheers
shane
Well we have been quietly testing our live Forex room for the start of the European session with a few of our existing members and the results have been fantastic!!
I have to say that even I am pumped about the prospect of having someone call live Forex trades during the European trading session. Previously my exposure to trading Forex has been limited to currency hedging. However, I have now been converted to the dark side!!
Don’t worry, my number 1 market is still the Dax, however over the last month I have seen the real potential of the Forex market and how well our systems are performing!!
So far, our live trading has had 7 winning sessions with just the 1 loosing night……super start Ken (UMT Pro-Forex trader). Our newest trading room will be a will compliment Russell’s US Forex session. We will be officially launching shortly so stay tuned for the announcement!!
The other news is that Mark, our systems genius, is putting together a super Forex package for all traders regardless of your level of knowledge or experience. This is a superb way to start your trading career as the material Mark is putting together really gives you an edge over the Forex market. You will benefit form over 20 years of trading expereince which will put you in a great position to achieve sucess with Forex.
Check out his Forex blog!!
Cheers
Shane
What a week of trading!!!
The US trading session was again a very profitable time for us to trade all systems, with the 610 accumulating a massive 222 pts on the Dax. That is $5,550 Euro for the week. Our Core strategy also stepped up this week delivering 121.5pts during the US Session, over $3000 per contract using the 2 winners and done strategy. Our longest session trading the core strategy was 1 hr and 10 mins. So we effectively worked 5 hours to make $3000 Euro……not bad!!!!
Our Eurostoxx50 Core and Advanced Tactics had a very profitable week and we are starting to see some nice trades on the Eurostoxx50. However, hands down our standout performer was the 610 simple 2.o netting a massive 407pts for the week. This particular strategy has had a run of 10 winning nights netting a total of 884 pts. $22,100 Euro……..WOW!!!!!!
This is what we at Netpicks like to refer to as a “Golden Goose”. I can’t take credit for that term, coined in a trading sense by our emini guru, Troy “TJ” Noonan. Troy is achieving some super results on the Russell using both the Core and Advanced Tactics, showing you the diversity of these systems across a number of markets. As he so clearly points out to our members, we have a “Golden Goose with the “UMT trading system/s”. Make sure you do everything you need to as a trader to take full advantage of these systems. Learn the systems, backtest and build your confidence, develop and trade your plan with these systems and they will indeed help you build your nest egg.
Our results for this week once again highlight the advantage of having a multi-system strategy. Don’t get me wrong, I’m not suggesting that all traders new and experienced need to start trading this way. This approach may not be for everyone, however it does offer an opportunity for us to spread our risk as we build our trading accounts. I believe that this particular strategy needs to be progressive, and systematic. For example, new traders should master one market, 1 time frame. Then perhaps consider bringing on a second strategy or market. This offers the trader an opportunity to achieve a degree of portfolio diversification. Remember, once you become proficient in something it is very easy to transfer those skills to a similar activity. Trading multiple strategies could be one of your longer term goals once you build up your skills as a trader.
The big news this week was obviously our FX Live launch. If you are a fan of the forex markets, you will love our new FX system. Make sure you check out Ken’s Live Forex room during the European trading session. The results are tabled below. Well done Ken!!
We are also going to start trialing the FTSE in our live trading room with the view of introducing that as our third market…very exciting!!
Happy Trading
Cheers
Shane Fry
| European trading session 26-30 January 2009 | ||||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro | |
| Core 144 Tick | 9 | -19.5 | -14 | 12.5 | -17 | -29 | -$725.00 | |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 | |
| Simple 2.0 144 Tick | -30 | 12.5 | 2.5 | -11 | -34.5 | -60.5 | -$1,512.50 | |
| Simple 2.0 610 Tick | 17.5 | -12.5 | 68 | 98 | 14 | 185 | $4,625.00 | |
| Advanced Tactics – 144 Tick | 24.5 | -42 | 31.5 | 35.5 | 5.5 | 55 | $1,375.00 | |
| Total Euro’s | 150.5 | $3,762.50 | ||||||
| Eurostoxx 50 | ||||||||
| Core 144 Tick | 16 | 7 | 4 | -6 | -11 | 10 | $100.00 | |
| Advanced Tactics 144 Tick | -1 | -32 | 24 | 12 | 9 | 12 | $120.00 | |
| Forex Pairs | ||||||||
| Simple 2.0 200 tick | NT | 105 | 52 | NT | 64 | 221 | $2,210.00 | |
| Advanced Tactics 200 Tick | NT | 102 | 49 | NT | 2 | 153 | $1,530.00 | |
| Total | $3,960.00 | |||||||
| US trading session 26-30 January 2009 | ||||||||
| Dax | Mon | Tue | Wed | Thur | Friday | Total | P/L Euro | |
| Core 144 Tick | 34 | 36 | 28 | 8.5 | 15 | 121.5 | $3,037.50 | |
| Simple 1.0 144 tick | 0 | 0 | 0 | 0 | 0 | 0 | $0.00 | |
| Simple 2.0 144 Tick | 24.5 | -35.5 | 26.5 | -21 | 18 | 12.5 | $312.50 | |
| Simple 2.0 610 Tick | 9 | 21 | 86.5 | 33.5 | 72 | 222 | $5,550.00 | |
| Advanced Tactics – 144 Tick | -27 | 23 | -3.5 | 6.5 | 24.5 | 23.5 | $587.50 | |
| Total Euro’s | $9,487.50 | |||||||
| Eurostoxx 50 | ||||||||
| Core 144 Tick | 25 | 0 | 14 | 16 | 20 | 75 | $750.00 | |
| Advanced Tactics – 144 Tick | 11 | 9 | -3 | 6 | 4 | 27 | $270.00 | |
| Simple 2.0 610 Tick | 0 | $0.00 | ||||||
| S&P500 | $0.00 | |||||||
| Simple 2.0 610 Tick | 2.5 | 3.75 | 0.25 | 4.5 | NT | 8.5 | $425.00 | |
| Total | ||||||||
Just thought I would post a quick blog ahead of the final numbers for this week in light of the spate of emails concerning our recent run on the Dax!!
First and foremost lets take a little time here to get things absolutely crystal clear moving forward concerning our UMT systems and their performance on the Dax:
Please continue to email your comments and questions. One thing I would ask is that you please take the time to read through our results prior to emailing me as many of the answers to your questions are contained in the details below.
Live calls
While we do promote a signal service I would strongly encourage anyone interested in our systems to come into the trading room and spend some time utilising our free two week trial. I personally am not a huge fan of signal services and would much prefer those in my room to own their system and be trading from your own charts, utilising the room to confirm your trade set-ups. At some point, we as traders all need to step up and become accountable for our trading success. Don’t leave this in the hands of others!!
Big News this week!!!
Well it has arrived!!……the Forex rooms are live 2 sessions a day!!
We are transitioning into a very professional Forex trading company. Make sure check out our two new Forex trading rooms as I am sure you will be impressed!!
The other news his week is that we will begin trialing the FTSE live this week. So for all you FTSE traders, feel free to drop into our live trading room and see the FTSE being traded using our UMT systems.
Cheers
shane
Good morning everyone,
We have a new blog address for the Dax. Please follow the link below to check out our latest blog posts.
http://www.netpicks.com/dax where your new blog is located.
Happy trading
Cheers
Shane
