Here are some example screenshots and trades from the new
PowerEmini Micro Trader 20 System
Wednesday 9/11/19 mid-morning trade (relatively dull conditions).
Here’s the ATM strategy I used on this trade.
That ATM uses 2 Contracts and sets an initial 2-point stop. The first “Delta Neutral Target” is 1-point, where it sells 1 contract and then automatically moves the stop up 1-point (so I’m at breakeven). Then it goes for a 3.5-point Target on the second contract. You can see that I manually moved the stop up after a period of time since the market was dull. It finally took out the raised-up stop for a net gain on the trade of $125.
Limit order set to buy 1-tick over the 2-bar range.
Order filled and the 2-point initial stop just happened to be right at the Range low.
I had to squeeze the chart in a bit to see the 2nd target up there 3.5 points over the entry.
The market traded sideways for a bit – this is a 20-second chart and the price pulled back into the range a little before getting some traction to the upside.
This is right after the 1st Target got hit and sold 1 contract and you can see how the stop moved up 1-point automatically. Now I was at “breakeven”. If the trade failed I wouldn’t lose anything.
The price meandered for a bit and I got 3-lows above my entry so I moved the stop up to the entry. At this point the worst case scenario was that I make a 1-point profit on the 1st contract and the 2nd contract gets sold at my entry.
After a few minutes of dull sideways price action it made sense to raise my stop up to the lows of the recent price action. This guaranteed a profit on the 2nd contract.
The price came within 2-ticks on my 4-point target but then drifted back down and took out my raised stop.
Net gain on that trade was $125.
There are dozens of potential scenarios on how the price will react once a new alert is generated every 20-minutes.
Here’s a look at the very first cash session alert when we launched the MT20 System on Monday 9/9/2019.
Here’s an example of where there was “no trade” for the entire 20-minutes of this alert. There was no 2-bar range break outside the Trigger range. The vertical line is the Alert.
Here’s a look at the last cash session alert on Tuesday 9/10/2019 when the price had a sudden end of day run up into the close.
I’ll be adding more trades and examples here as we go.