Merry Christmas and Happy New Year

I just want to wish all MTPredictor users and friends of MTPredictor a very Merry Christmas and Happy New Year. I hope you can spend time with friends and family over the holiday season.....

This last year has been very good for MTPredictor as we continue to grow as a company, and that is thanks to you, our customers, so I would also like to express my thanks to all MTPredictor customers, who all help and support us and allow us to continually bring new and better versions of the MTPredictor software, so Thank You !

This last year we have been very busy, mainly with the release of the brand new MTPredictor v6.5 that has Real-Time capabilities. The new Blog has also been well received as it helps customers on a daily basis with many of the trading related questions that come from day to day. This Blog is a free service that is all part of the on-going and industry leading support we offer all our customers here at MTPredictor. I would also like to remind you all of the new 1-2-1 Training Service, with our new personal trainer Michael Black.

Lastly, MTPredictor would not be as good as it is without the team members, so I would also like to say a big Thank You to Tony on Sales and Marketing, Bruce on Support, Michael on personal training and Paul our programmer, all who have worked very very hard over the last year to help give all our customers the best support in the Industry.

So thanks you to all and a BIG Merry Christmas and Happy New Year

Steve Griffiths
Director and developer of MTPredictor.....

Now for the Advanced Traders...

OK, Now for a look at another trade the more Advanced Traders among you could have uncovered.

As we have already seen, the larger degree trend turned form down to up around midday, at that time a nice TS3 buy came in on the 3min NQ. This was backed by a high volume (VSA) spike as well.

Then NQ, then rallied, but rallied in a 5-wave sequence. Profits were protected as the Wave 5 high was coming in for a nice +4R Profit (ignoring slippage and commission).

As you can, see MTPredictor did a brilliant job yesterday, from controlling losses on the YM, to finding easy trades on the TF and now nailing a brilliant advanced trade on the NQ :)

Thanks, Steve

Now the easy one..................

OK, we have already seem that the YM was a hard day, BUT just look at the 3min Russell Index (TF), one trade, and one profit for a massive +5.7R Profit (ignoring slippage and commission).

So even though some markets were hard yesterday some were amazing easy, with a clear, clean and good-looking TS3 sell that returned a massive profit................ nice :-)

Thanks, Steve

A hard day on the 3min YM

Let’s start with the 3min YM, as this was a very hard day. As usual, we are not scared to look at the harder days here at MTPredictor, as professional traders we all know that some days are harder than others. Any software company that just shows you good trades, and not losses are not professional traders and as such should be viewed with caution.

Here we had 4 trades on the 3min YM, a losses then a +3R Profit, then we avoided the TS4 sell in the afternoon as it was against the trend, then had two further losses later in the day. 3 losses and 1 profit seems terrible, BUT, and this is the IMPORTANT POINT, even with 3 losses and only 1 profit you were actually “break-even” for the day. This was because the losses were kept small at just -1R and the Profits large at +3R.

This is so important, keeping losses small and profits larger during the bad times, Amateur traders simply do not understand that this is how to protect your valuable trading capital when the inevitable losses come though.

So here were are with (on the surface) a terrible day, but MTPredictor has preserved your trading capital for you. This is the true strength of good trading.....

Thanks, Steve

15min trend

As usual, let’s start with the larger degree trend.

This was easiest to see on the 15min ES chart, where we had the current down trend continuing form the day before, until DP support came in around midday.

So the trend was down in the first part of the day, then turned up for the afternoon.....

OK, onto the 3min Charts now.......

Thanks, Steve

TS3 sell on the 3min NQ

OK, now we know that the larger degree trend was down let’s move down to the 3min charts to see what there was. The NQ came up trumps with a nice TS3 sell that nailed the high before a decline started to unfold.

Trailing the stop 1 tick above the bars highs after reaching the first projected target locked in a very nice +7R Profit (ignoring slippage and commission)

I did say a few days again that the “Cyclical Nature if Trading” was overdue for some nice trades, well it looks they are starting to come in now :-)

Thanks, Steve

15min trend

Hi Everybody,

OK, let’s start with the 15m min “larger degree” trend on the US markets yesterday. The clearest picture was on the 15min ES as it hit DP resistance and then started to decline, This set the trend to down for the rest of the day.

As usual, with the larger degree trend down,. We should be focusing on sell setups on the short-term 3 and 5min Charts

Thanks, Steve