March 8, 2010

83 Ticks & Wave Indicator DEMO 2 for 2 today!

83 Ticks &a Wave Indicator DEMO 2 for 2 today! Webinar on WAVE Tomorrow!

We open our charts today and began looking for CLUES from the market that would tell us what to expect

– Red POT & 100 on Crude Oil

– Gold & Crude Oil sitting on the OPEN of the day @ 830am EST
– Pound has double-tops/bottoms @ Big Round Numbers = light volume, indecisive price

– Both Pound & Euro have POT < 100 @ 850am EST

– All markets very slow and sideways

– Momentum had a hard time confirming @ 915am EST (big buyers on tape, momentum not confirming)

– 930 US Open: Gold is sideways and slow & Dollar is also Slow < 100

What did these clues tell us?

Be careful! This is going to be a typical Monday…slow at the start.

So we waited for the price action to gain speed, and we focused on waiting for the best patterns.

Once 1000am EST came we had PLENTY of action, and our patience had paid off nicely!

We also took some WAVE INDICATOR trades today, thanks to our members who shared their feedback!

Come join us tomorrow for another FREE WEBINAR @ 1130am EST and we will talk MORE about the different ways to use the WAVE INDICATOR.

4 trades today, 4 winners, 0 losses

Our trade management style is the reason we are profitable!

+83 ticks, $830usd

Only 4 contracts needed to achieve this today!

See you tomorrow @ 745am EST for the live trade room session!

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