Tuesday 24 August 2010

A hard day for the Standard traders.

Hi Everybody,

It was a hard day for the standard traders among you yesterday. But as we all know, the markets unfold in cycles, where Profits and losses cycle round with the quieter time. I call this the cyclical nature of trading. It is just that the standard setups are in the hard part of the cycle at the moment. It will not be long before the good time (profits) come round again.

But this is why I encourage you all to follow the Advanced Blog and learn how to use some of the more Advanced tools that are in MTPredictor. As you can see from today’s post on the Advanced Blog, when you do, you will be able to take advantage of some great trades. This will more than make up when the standard setups are having a hard time.

MTPredictor can nail turns in the market brilliantly, you will see this on the 15min ES chart. The tools are there in the software, it is up to you whether you wish to take the time to learn how to use them. To help you, I post Advanced examples on the Blog everyday as well as go into more detail in the Trading Course.

Thanks, Steve