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
