Daily weekly Dow Trading system

Using a weekly or daily put option as a protection for a long trade .There is the cost of the options to be deducted from profits , but this cost gives the holding power to hold on to your trade , for almost a week or month.

Before opening trade read context to see support /resistance ,if context is good buy near support and close end of day.Dow , Nasdaq and S and P must be positive for longs.

As an example
weekly dow put long cost 34 strike 21100
long cash dow 21120

I did a similar trade on friday long 21150 ,long 21130 put for 16 = net cost 21166
Exit 21200 , profit 34


http://ift.tt/2p0kH4o

I start with a daily option trade , after 2 losses I move to weekly options , therefore recovering all previous losses .

No closing half position , just run your profits.Close losing trades at end of day .

After 4 consecutive losses I increase my stake to double , same after 8 losses and 12 losses
Practise on demo first , this hp system


http://ift.tt/2sBvpM1

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Daily weekly Dow Trading system

Maintaining Focus and Discipline is like a muscle

I heard this metaphor on a Youtube video and I thought I'd share it because it really resonated with me...

'The ability to maintain discipline and to stay focused is like a muscle. Its a muscle that you strengthen, It's a muscle that you need to exercise, It's a muscle that can get weak and need rest'

Very True!

Maintaining Focus and Discipline is like a muscle

Maintaining Focus and Discipline is like a muscle

I heard this metaphor on a Youtube video and I thought I'd share it because it really resonated with me...

'The ability to maintain discipline and to stay focused is like a muscle. Its a muscle that you strengthen, It's a muscle that you need to exercise, It's a muscle that can get weak and need rest'

Very True!

Maintaining Focus and Discipline is like a muscle

Powerful EURUSD Fully Automated Robot (5% DD)

Features:

Based on Artificial intelligence
Easy to set up
Multi-strategies
High profitability (+20% monthly)
low DD (just 5%)

Attachment 240530

https://youtu.be/aKyPW_prDOU

Attachment 240532

Attached Thumbnails

 

Attached Files

ForexBillionsNew - EURUSD M5 Free.zip (204.1 KB)

Powerful EURUSD Fully Automated Robot (5% DD)

Powerful EURUSD Fully Automated Robot (5% DD)

Features:

Based on Artificial intelligence
Easy to set up
Multi-strategies
High profitability (+20% monthly)
low DD (just 5%)

Attachment 240530

https://youtu.be/aKyPW_prDOU

Attachment 240532

Attached Thumbnails

 

Attached Files

ForexBillionsNew - EURUSD M5 Free.zip (204.1 KB)

Powerful EURUSD Fully Automated Robot (5% DD)

2nd June 2017 - The risk appetite could be boosted by lower odds of raising rates in

US Blue chips could come back to the green territory to overcome the depression following the dovish release of May US Labor report which has shown adding only 138k of jobs out of the farming sector, while the median forecast was pointing to increasing by 185k.
But May labor report has shown again lower unemployment rate to reach only 4.3% to be at its lowest level in the last 16 years.
The report has shown average earning per hour rising yearly by 2.5% in May as the same as April, while the consensus was referring to increasing by 2.6% showing that there is no serious need to contain the wages inflationary pressure.
UST 10YR yield lost 4 points by falling to 2.17% following this shocking release which came after yesterday May ADP report which has shown adding 253k, while the market was waiting for 185k to prepare the market for strong labor data to be released today.
The gold is still keeping its gains following this release to be traded until now close to $1275 per ounce.
The greenback has been undermined across the broad because of this release which lowered the prospects of having another interest rate hiking when the FOMC to meet later on 13th and 14th this month.
USDJPY has dived to be traded now near 110 losing about 100 pips, despite the rebound of the risk appetite which has been boosted by lower probability of raising rates in US.

USDJPY is now well below its daily SMA200, after falling below its daily SMA50, with continued existence below its daily SMA100
USDJPY is now in its 14th day of being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading 112.23 today, after forming a peak at 114.36 has been followed by a lower high at 112.12.
USDJPY daily RSI-14 is referring now to existence inside its neutral territory reading 41.513.
USDJPY daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line inside its neutral region at 30.682 above its signal line which is also in the neutral region at 27.188

Important levels: Daily SMA50 @ 111.19, Daily SMA100 @ 112.26 and Daily SMA200 @ 110.77
S&R:
S3: 110.23
S2: 109.58
S3: 108.12
R1: 112.12
R2: 114.36
R3: 115.49

Have a good day
Kind Regards
Global Market Strategist of FX-Recommends
Walid Salah El Din

Attached Thumbnails

 

2nd June 2017 - The risk appetite could be boosted by lower odds of raising rates in

2nd June 2017 - The risk appetite could be boosted by lower odds of raising rates in

US Blue chips could come back to the green territory to overcome the depression following the dovish release of May US Labor report which has shown adding only 138k of jobs out of the farming sector, while the median forecast was pointing to increasing by 185k.
But May labor report has shown again lower unemployment rate to reach only 4.3% to be at its lowest level in the last 16 years.
The report has shown average earning per hour rising yearly by 2.5% in May as the same as April, while the consensus was referring to increasing by 2.6% showing that there is no serious need to contain the wages inflationary pressure.
UST 10YR yield lost 4 points by falling to 2.17% following this shocking release which came after yesterday May ADP report which has shown adding 253k, while the market was waiting for 185k to prepare the market for strong labor data to be released today.
The gold is still keeping its gains following this release to be traded until now close to $1275 per ounce.
The greenback has been undermined across the broad because of this release which lowered the prospects of having another interest rate hiking when the FOMC to meet later on 13th and 14th this month.
USDJPY has dived to be traded now near 110 losing about 100 pips, despite the rebound of the risk appetite which has been boosted by lower probability of raising rates in US.

USDJPY is now well below its daily SMA200, after falling below its daily SMA50, with continued existence below its daily SMA100
USDJPY is now in its 14th day of being below its daily Parabolic SAR (step 0.02, maximum 0.2) which is reading 112.23 today, after forming a peak at 114.36 has been followed by a lower high at 112.12.
USDJPY daily RSI-14 is referring now to existence inside its neutral territory reading 41.513.
USDJPY daily Stochastic Oscillator (5, 3, 3) which is more sensitive to the volatility is having now its main line inside its neutral region at 30.682 above its signal line which is also in the neutral region at 27.188

Important levels: Daily SMA50 @ 111.19, Daily SMA100 @ 112.26 and Daily SMA200 @ 110.77
S&R:
S3: 110.23
S2: 109.58
S3: 108.12
R1: 112.12
R2: 114.36
R3: 115.49

Have a good day
Kind Regards
Global Market Strategist of FX-Recommends
Walid Salah El Din

Attached Thumbnails

 

2nd June 2017 - The risk appetite could be boosted by lower odds of raising rates in