#1 System - Home
THE INDICATOR
Here are some charts with the indicator we are going to use on them
What we are using is a 10 bar simple moving average of the highs
And an 8 bar simple moving average of the lows
This gives us a moving average channel or moving average bands on the chart
Here are some charts with the 10-8 bands on them
Is there anything that stands out about price with the bands on the chart
See the answer to that question, below the charts
WEEKLY CHART
DAILY CHART
DAILY CHART
HOURLY CHART
The above charts show that
#1 - When the market is in an uptrend, price tends to stay above the 10-8 bands
#2 - When the market is in a downtrend, price tends to stay below the 10-8 bands
AMAZING !!!!!!!!!!!!!!!!!!!!!!!!
We can use that information -Right ?!!!!
I think so anyway - If we boil trading down to a nutshell
What are we looking for ?????
Something that will keep us on the right side of the market - most of the time
Of course the 10-8 bands don't work all of the time - nothing does
But this works most of the time - and that is good enough to make money
If it works most of the time - that will put the trading odds in our favor
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If you took the idea or information we just looked at
And just made sure you stayed on the right side of the 10-8 bands
If price was above the bands get long
If price was below the bands get short
I really think you would have more knowledge or a better system
Than most of the traders out there right now
But we are going to add some specific techniques and ideas
To help make this simple concept even better
We are always going to keep working with the bands
And always be working to try to improve our trading with the bands
Here's a few trading ideas - coming up - that I hope you like
#1 System - Home
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Disclaimer - I am not a commodity trading advisor. The information on this site is for trading education only. There are no trading recommendations for any one individual made on this site and this information is paper trades for trading education. All trades are extemely risky and only risk capital should be used when trading.
U.S. Government Required Disclaimer - Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR 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 REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.