Jeff Glenellis – How to Day Trade Crude Oil Futures
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Description:
For NinjaTrader 7 and 8 and TradeStation Users Only!
How Scott Made One Simple Tweak to His NinjaTrader Platform And Started Banking Up To 30 Points In A Single Trading Session
Works For TradeStation Too!!!
Now It’s Your Turn To Have An “Unfair Advantage” Over The Market For A Change
There Are Only Two Things You Need To Know About Trading Futures In Order to Be A Successful and Profitable Trader
Unfortunately, You’ve Been Victimized By Your Own Desire to Improve Your Trading Skills
The Good News Is I Can Help You “Fix” These Problems and Turn You Into a Consistent Winning Trader In Less Than an Hour
- What about using “Indicator X” and/or “Indicator Y” and/or “Indicator Z” for confirmation?
- What about confirming the trend on higher time frame charts?
- Don’t I need to use a big stop loss and risk too much of my account on a single trade?
- (And my all-time favorite): If it was this simple, wouldn’t everyone already be trading like this?
Larry F.
I mean, aside from the fact it probably doesn’t look even remotely like the chart you are currently trading?
It’s called a Renko chart, which is a charting system that only places completed bricks (or boxes) on your chart when price moves ”X” amount (and you control the value for “X”).
In the picture above, the Renko boxes are worth 4 ticks each, so a full box is worth 1 full point when trading the ES.
You probably also noticed a pair of lines snaking through the chart.
Those are the two indicators we use to determine both Trend and Entries and Exits. In fact, it’s the same indicator, but set to two separate settings.
Take a look at that same picture but with arrows added to show entries:
If you were looking at this chart as a day trader, and you noticed the trend and the entry indicators were both changing color at the same time…
Could you take these trades? (just for clarification, there are 7 trades on that chart with 7 arrows marking the entries (red = sell, green = buy). 2 trades ended in small losses of 4 ticks each under our guidelines, 1 lost 8 ticks, while the remaining 4 trades ended up at +8 ticks, +8 ticks, +24 ticks and currently the final trade is open at + 24 ticks and climbing, for a current total of +48 ticks with more possible depending on current price action).
Let me ask you another serious question:
WHEN WAS THE LAST TIME YOU BANKED 48 TICKS ON AN AVERAGE TRADING DAY???
DOZENS OF TICKS AND TRADES JUST KEEP PASSING YOU BY…
But Hey, Don’t Take My Word For It. Listen to What Your Fellow Traders Have to Say About Trading the “Renko Enhanced” Method
You Need To Ask Yourself a Serious Question: “If I’m Not Consistently Winning, Why Am I Day Trading?”
So, Are You Ready To Start Winning Consistently?
Can You Afford the 20 Minutes It Takes To Completely Turn Your Trading Around And Become a Winning Trader Day In and Day Out?
This May Be The Last Time You See The “Renko Enhanced” Package Offered at This Low Introductory Price
So now you’ve reached a decision point.
OR
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
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