By, Mr. Love. Week 1 Week 2 Week 3 Week 4 Week 5 Week 6 Week 7 Week 8.
EETC-WEEK-4
-
Upload
sameer-ahmed -
Category
Documents
-
view
1 -
download
0
description
Transcript of EETC-WEEK-4
-
WELCOME TO THE
ELITE EMINI
TRADING COLLEGE
WEEK #4
-
EMINI
STRATEGY #3
-
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of the impact, if any, of certain market
factors, such as lack of liquidity. Simulated trading
programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.
DISCLAIMER
-
WEEK #3
REVIEW
-
EMINI COLLEGE WEEK #3
Strategy #2 Highlights / Indicators
Intensity Level = 3
Designed To Trade Deep Pullbacks
Standard Version Only
Best Time Frames: 60 Minutes Or Less
Homework Assignment
-
SIMPLICITY
EQUALS
CONSISTENCY
-
MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE
SPECIALISTS EDGE
-
EMINI
STRATEGY #3
-
Strategy #3 Highlights Strategy Is Based On Concepts #1 and #2
Designed to Trade Shallow Emini S&P Pullbacks
Intensity Level (1-3): 2
Main Indicator Bollinger Bands
Any Time Frame / Any Direction / 15-min or Less
Only One Standard Version - Quick, Small Gains
Learn the FULL Strategy Paper Trade First!
The Specialists Edge - Consistency
-
Strategy #3 Indicators
1. 50-period Simple Moving Average (sma)
2. 20-period Bollinger Bands
Settings:
Upper Band Deviation = +.382
Lower Band Deviation = -.382
-
STANDARD
VERSION
All Members (Beginners Advanced)
Small Pullback Intraday Traders
Traders Who Want Quick, Smaller Gains
-
Standard
Strategy #3 Rules - Buys
CONCEPT #1 TREND:
1. Price must be above the 50-period sma - AND - All 3 Bollinger Bands must be headed in an upward direction.
CONCEPT #2 PULLBACK:
2. Look to buy when an ENTIRE price bar closes below the lowest Bollinger Band. This is called the Island Bar. (SET-UP BAR)
3. Enter long position on the first confirmation of price trading above the previous bars high. (If the B.B. trend changes to down, without a confirmation entry, then negate the trade).
4. Place your protective stop below the lowest low of the pullback.
5. Sell (exit) when price closes above the highest BB.
-
STEP BY STEP
-
Step 1
Price must be above the 50-period sma
- AND -
All 3 Bollinger Bands must be headed in
an upward direction.
-
Step 2
Look to buy when an ENTIRE price
bar closes below the lowest Bollinger
Band. This is called the Island Bar.
(SET-UP BAR)
-
Step 3
Enter long position on the first
confirmation of price trading above the
previous bars high.
(If the trend changes to down, without a
confirmation entry, then negate the trade).
-
ENTER
-
Step 4
Place your protective stop
point below the
lowest low of the pullback.
-
ENTER
-
ENTER
STOP
-
Step 5
Sell (exit) when price closes above the highest Bollinger Band.
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
EXIT +2.50 pts.
-
Standard
Strategy #3 Rules - Sells
CONCEPT #1 TREND:
1. Price must be below the 50-period sma - AND - All 3 Bollinger Bands must be headed in a downward direction.
CONCEPT #2 PULLBACK:
2. Look to sell when an ENTIRE price bar closes above the highest Bollinger Band. This is called the Island Bar. (SET-UP BAR)
3. Enter short position on the first confirmation of price trading below the previous bars low. (If the B.B. trend changes to up, without a confirmation entry, then negate the trade).
4. Place your protective stop above the highest high of the pullback.
5. Buy (cover) when price closes below the lowest BB.
-
STEP BY STEP
-
Step 1
Price must be below the 50-period sma
- AND -
All 3 Bollinger Bands must be headed in
an downward direction.
-
Step 2
Look to sell when an ENTIRE price
bar closes above the highest Bollinger
Band. This is called the Island Bar.
(SET-UP BAR)
-
Step 3
Enter short position on the first
confirmation of price trading below the
previous bars low.
(If the trend changes to up, without a
confirmation entry, then negate the trade).
-
ENTER
-
Step 4
Place your protective stop
point above the
highest high of the pullback.
-
ENTER
-
ENTER
STOP
-
Step 5
Buy (cover) when price closes below the lowest Bollinger Band.
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
-
ENTER
STOP
EXIT
+2.75 pts.
-
RECENT
STRATEGY #2
TRADE SIGNALS
-
ENTER
1356.75
EXIT
1357.50
STOP
+.75 pts.
-
ENTER
1375.25
STOP
EXIT
1370.25
+5.00 pts.
-
STOP ENTER
1333.50
EXIT
1356.00
+22.50 pts.
-
STOP
STOP ENTER
1380.00
ENTER
1381.00
EXIT
1383.25
EXIT
1381.25
+1.25 pts.
+2.25 pts.
-
EXIT
1389.50
ENTER
1387.75
+1.75 pts.
STOP
-
Strategy #3 can be traded in any time frame,
but the best signals are found in
15-minute charts or less.
POINTS TO REMEMBER
-
EXIT
1380.75
ENTER
1364.25
ENTER?
STOP
+16.50 pts.
-
Once all the requirements have been met
and youve entered into the trade,
the direction of the Bollinger Bands
does NOT matter.
POINTS TO REMEMBER
-
STOP
+2.00 pts.
ENTER
1312.50
EXIT
1310.50
-
POINTS TO REMEMBER
You have the option to move your stop to
unchanged should price touch the
mid Bollinger Band.
If trading multiple lots,
exit half of your position at this point
and move your stop to break-even for balance
-
STOP
+1.00 pts.
ENTER
1312.50
EXIT
1310.50
EXIT
1311.50
+2.00 pts.
STOP
-
Strategy #3 Highlights Strategy Is Based On Concepts #1 and #2
Designed to Trade Shallow Emini S&P Pullbacks
Intensity Level (1-3): 2
Main Indicator Bollinger Bands
Any Time Frame / Any Direction / 15-min or Less
Only One Standard Version - Quick, Small Gains
Learn the FULL Strategy Paper Trade First!
The Specialists Edge - Consistency
-
HOMEWORK
ASSIGNMENT
-
IDENTIFY RECENT
STRATEGY #3 TRADE
Any Time Frame / Any Direction
1. Buy or Sell?
2. Identify Price of Entry, Stop Placement, and Exit Price.
3. Profit or Loss?
-
MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE
SPECIALISTS EDGE
-
ELITE EMINI
TRADING COLLEGE
WEEK #5
STRATEGY #4
-
QUESTIONS [email protected]
1-310-844-7220
-
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of the impact, if any, of certain market
factors, such as lack of liquidity. Simulated trading
programs in general are also subject to the fact that they
are designed with the benefit of hindsight. No
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.
DISCLAIMER