I have never seen the types of results trading any strategy as I have seen with the HVMM in the Asia session. Over 90% win rate and a 100+ profit factor. These results are sick! It’s not like you need to be a technical wizard or fundimental junkie to reap the rewards. Stick to the the plan the HVMM provides and over time, the results will continue to impress.
Even “chop” doesn’t beat you up. That is the strength of the HVMM. That, including 10% art, can provide you with outstanding results across the board. Watch the video below for this past week trading the Asian session.
BTW, the swing trading strategy, the UST, is being taken off the market this weekend. If you have been following the swing videos I have been recording, you have seen the results. This week ends at +317 pips swing trading (the only video missing is a partial EURJPY swing that I talked about in the UST webinar). Add that to the Asian session results and my regular day trades….a great week.
The Ultimate Swing Trader is not just for the usual pairs. Even the EURCAD can get into the act.
One of the great things about swing trading is spread is not really a factor. The EC had a 5 pip spread last night….right now…6.2…a little too rich for day trading. Fine for swing trading. In fact, swing trading can open up a whole new world of pairs for you.
This video shows how you can still get into a trade that has already triggered. I market in, set my stop and target and went to bed. Woke up and saw the trade 80% to target. Secured some profits with my stop. Trade then dealt out 106 pips of profit. Great way to finish a very profitable week. Total time managing trade…maybe 3 minutes.
The ULTIMATE SWING TRADER is a perfect compliment to any day trader. In fact, for those that do not have the time to spend in front of a blinking screen all day, it is an outstanding system to take advantage of the swings that take place in the FX market.
This video records the actual play out of the trade including the broker platform details. Real money trades in my real account (personal info has been removed of course). You will see just how easy it was to setup this trade..easy as 123…as in 123 total pips on a full position. For those that scale out…..185 pips.
Just a quick reminder that tomorrow (Jan 20) @ noon New York time, is the webinar for the UST!
This is a great swing trading compliment for day traders or solid as a stand alone strategy. Not everyone has the time for daytrading.
I want to add to my latest videos showing some sweet moves in the swing. Not every trade will rip right to target. Sometimes you will have to settle for less than target. That is trading…right?
The Asia FX session is continuing to show that it is a very viable session to trade. This session is perfect for those that have other commitments during the other sessions. Many traders have been kind enough to drop me a note letting me know they have been jacked up by these videos and have been implementing this into their trade plan. Why not? The HVMM combined with a basic trade plan has increased the account size of many a “Asia session” trader. Will there be a downturn? Of course and we expect them. We also expect to stick to our plan and reap the rewards of a positive expectancy system. The WORST thing you can do during a streak of losers is to pack it in, reformat your plan or start searching for other pairs.
The week ends with +49 pips taking 5 trades and one day…no trades at all.
Let’s look at some quick calculations to get an idea of the potential depending on your capitalization:
49 pips x 11.01 ($100,000) = $539.49 (about a 18k account size using a rough 30 pip worst case loss)
49 pips x 1.10 ($10,000) = $53.90 (about a 2k account using a rough 30 pip worst case loss)
Using a 5k account balance @ 2% risk = $100 r
Risk @ 30 pips is $33.00 so you can trade 3 mini lots
49 pips x 3.30 = $161.70 for the week minus spread
I love daytrading but nothing beats the ease of swing trading with the UST (Ultimate Swing Trader). These week has not been great daytrading my session but the swings have kicked butt. Here is a short 6 minute video highlighting real money trades using the UST. Total profit on one position (I didn’t scale out a portion) was 80 pips BUT if you scaled out, you banked about 80 pips on the first position and 80 (where I exited) on the second position.
Hope you enjoy it and take a moment and join me in the upcoming UST webinar.
Learn more about how to keep your trading to a minimum and make enough pips to pad your account.
With such a slow moving market for daytrading today, I was able to record a LIVE swing trade using the Ultimate Swing Trader. The long set up yesterday morning and completed this morning for a “trade for profit” (you will learn that in the training) total of 121 pips. Most of the move happened while I was asleep. I did adjust the stop once during the night and I talk about that in the video. Near the end, big round numbers and swing highs (key levels), halted the move north and took me out for a very very tidy profit.
There is nothing like starting off the week with some solid pips in the bank. I usually look for setups for swings while trading the Asia session (7-9:30 p.m New York Time). I am not adverse to picking up a swing trade while day trading the U.S. forex session but that is really market dependent. If the markets are moving, I focus 100% on the day trades. That is what is great about swing trading…it is so flexible. You don’t need to be in the market 24/7 as the setups usually give the potential for a fair amount of profit. With a positive expectancy system, you know the edge is on your side when taking the setups you do see.
This video covers two very recent swing trades. Actually, they set up Sunday night while I was trading the Asia session. Decent result. Both were winners however one was breakeven plus a few.
This video is going to cover my personal HVMM trades for Jan 11/10 during the U.S./London overlap session. The day starts off strong, smacks you around a bit but then the HVMM does what it does best…..give you the winners. I point out where a filtered out trade ends up with a nice full target but at the same time, a filtered out trade that just gets to the trade mgmt area. The point is, filters can be good AND bad in the same session. It brought me a thought however and that is to backtest/forward test needed at least 2 reasons (technical) to stay out of a trade if the adjust is too big. Perhaps it is the round number and directional in the way. Maybe directional and a swing level. Maybe even all of them. The point is to ensure the probabilities are in your favour.
You can however get in on pullback trades if the filtered is successful. The problem is, as this video shows, you don’t always get them. You truly have to find your own line with being conservative in your trading but not to the point where you continually miss nice winners that add to your POQ (power of quitting) total. Nothing worse than missing all the great trades and being stuck in sideways action.
Wrapping up the previous week in the Asian session, the numbers continue to excite. Solid win rate….solid profit factor….laid back trading and some serious pips to round off the last 17 trades. You will see how filters can keep you out of winning trades but in the end, you want to focus on probabilities. With big round numbers and swings in the area, some common sense should be applied. You can always grab a pullback, if available.
I also went on a bit of a ramble with some outstanding comments by the owner of a trading company that manages over $1 billion in accounts. When people like that talk, personally I listen. He hands out some great advice….and much of it fits right into the Netpicks style of training/trading.
