
Award-Winning Trading Systems since 1997
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EMINI DAY TRADING SYSTEM MAIN FEATURES
The last eMini Day Trading
system upgrade presents important features for every type
of day trading. It is a logical evolution of the award-winning reversal system
that we intruded in 1997.
When we wrote the
last one in 2003 we had anticipated that would be our final day trading system
for the eMini contracts. However studies developed over the last two years
proved that this new system is really a HUGE improvement. So we decided to make
it available to the active day traders.
The main improvements
are the following:
- we can identify bottoms and tops often in the first two bars following a reversal
- the system is very fast in identifying
reversals and yet can identify if the trend is strong, thus enabling traders to
stay with the trade
- the Alpha Slow Indicator (ASI) is replaced by
the FAC (Fast Alpha Crossover) resulting in earlier trading signals, often in
the first two bars of a reversal
- there is still just one trading rule and trades
are entered at the market, being close only when there is a reversal signal,
unless the protective stop was hit
- specific instructions show how to add more
contracts to an open trade in order to capitalize on the trend strength using
limit orders
- there is also an Alpha Sequential Pattern (ASP)
that is very helpful in adding more contracts as well for initiating a trade
when the market gaps at the open
- we have also added the Russell 2000, which I
rate as the best contract to trade in spite of its somewhat capricious moves,
so the system analyzes the ES, YM, NQ and the TF
- due to the fast trading signals provided by the
FAC, which is displayed in the price panel, the system trades with lower
variable stops with the following limits (in points): ES 1.50, YM 15, NQ 4.00
and TF 1.50
- stops are placed in an easily identifiable bar
and are a function of recent volatility
- the FAC breakouts are also an excellent way of
adding new contracts to an open trade or eventually initiating a new trade
- the indicator panel only uses one indicator
that helps in identifying the strength of the trend but it is not part of the
rules
- using only one indicator in the indicator panel
provides more real estate for the price panel and enables traders to see the
price evolution in the chart setup with much more clarity
- the system can be used for trading or investing
in stocks and for trading futures contracts in any time frame (only the stops
will need to be adjusted) but the manual only covers the eMinis.
As a final note we will state that we keep offering a money-back
guarantee if it does not provide a return of 500% of its price during the first
90days of trading. More details about this guarantee, never invoked by our
clients in the almost 13 years since we introduced it, are included in the
Purchase Order.
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