Hi Everybody

Here is a great example of how the DP (decision point) tool can be used in MTPredictor to “predict in advance” areas of support/resistance. In this example, on Jan 28, we nailed the very high of the day on the 15 and 3min ES to then catch the sharp fall for a massive +10.2R Profit (ignoring slippage and commission)

http://www.youtube.com/watch?v=G5TWjym5hkE

But the amazing point was how all these levels were on the chart “in advance” before the market even got there !

We were talking about this very trade “at the time” in our customers only training webinars…………..

A great example of the power of the MTPredictor software program

Thanks, Steve

PS, watch this video in High Definition….

Hi Everybody,

Yesterdays in the 3min ES we had yet another great example of our MTPredictor high volume (VSA) spike. This nailed the exact low of the day in the ES for you !!

As you can see, the blue (buy bar) came 1 bar after the High Volume (VSA) spike, which unfolded right at our DP support zone. As we can see, this nailed the low of the day. The ES then rallied nicely form there. A perfect example of our high volume (VSA) setup in MTPredictor.

Using the ATRStop would have ran the trade into the close for a nice +4.2R Profit (ignoring slippage and commission).

Thanks, Steve

Holy Grail setup on 5min FTSE

Hi Everybody,

Here is another great example of my Holy Grail setup. As you can see, these represent the best Risk/Reward trades for Big Profits with the smallest initial risks. That is why I love them so much !

http://www.youtube.com/watch?v=IFnVI4M4Ox8

Thanks, Steve

US Indices – round up for Jan 24

Hi everybody,

Here is a round up for the US e-minis for yesterday, Jan 24, as you will see, a good day overall as the +3.2R Profit on the NQ came in later in the day:

http://www.youtube.com/watch?v=o2Bz4T1WDDA

Thanks, Steve

High Volume (VSA) spike on the 3min Dax

Hi everybody,

Here is a good example of a high volume (VSA) spike on the 3min Dax form this morning:

http://www.youtube.com/watch?v=Ldg_RBMUcWs

Thanks, Steve

+13R Profit on the 6E

Hi Everybody,

Normally, I look at the US e-minis on this Blog, but today I would like to look at a currency – the 6E or Euro / US$.

http://www.youtube.com/watch?v=-brZFriOXrg

I have chosen this as it demonstrates a perfect example of what I have been teaching in the regular training webinars for MTPredictor customers.

As you can see, with experience, MTPredictor has to tools to be able to nail brilliant trades like this on all markets and time frames, including Currencies !

Thanks, Steve

Does Elliott Wave work ?

Hi Everybody

In my last post I asked the question – Does Elliott Wave work ?

Well here is another example that just unfolded this morning on a 3min Chart of the FTSE (for the European Traders among you). Notice how the high was right at our Typical Wave 5 WPT for the completion of a text book Wave 5 rally (as found by our Elliott Wave module). The Target was then the DP from the prior Wave 4 low. As you can see, this trade unfolded perfectly

The result was at a Profit of approx. +4.7R (ignoring slippage and commission) as the FTSE declined into the target.

So for me, when I see such text book example unfolding day after day, I have to say YES, Elliott wave does work – BUT only when used correctly and that is with my unique isolation approach……

Thanks, Steve
_______________________________
Steve Griffiths
MTPredictor Ltd.
Website: www.mtpredictor.com

Does Elliott Wave work ?

Hi Everybody,

In today's post I would like to ask the question - does Elliott Wave work ?

Well if you look at the video below, then I think we will all have to say YES.

http://www.mtpredictor.com/Videos/EW-5/EW-5.html

But, there is an import PS to add, it only works when used in "isolation". This is my "unique" view on how to use Elliott Wave for identifying trade setups and not trying to use it to predict the future. There is a big difference.

Thanks, Steve

Happy New Year.......................

Hi Everybody,

First I would like to wish you all a very happy New Year………..

In today’s video I would like to look at Risk/Reward and how correct Position Sizing will help you keep your losses small and maximise your Profits

http://www.mtpredictor.com/Videos/2011-Jan4/2011-Jan4.html  

I would also like to remind all current customers that we will be in the Trading Room on Wednesday as we start this year’s webinars…..

Thanks, Steve