Trading Blogs

IT Cross Daily Recap - 5/5/11 - ES

IT Cross Trades on the 990 tick chart ESM11.

Total Trades: X (Y buys, Z sells)
Total Wins: 6
Total Losses: 3
Break Even: 2

+5 points per contract = +0

View the CHARTS after the jump...

One winner right out of the gate, then stopped on the next entry.

[chart|nid=577]

 

 

This puppy barely paid out before it turned over and crossed back over the dotted moving average.

[chart|nid=578]

 

Three great setups towards the end of the trading day, all three winners. The light blue bollinger bands are a good indicator for my exit points. Great IT Cross day today. 

[chart|nid=580]

28 Pip Profit Today

I'll post the chart later but just wanted to say that I made 3 trades today.

ONE - bull flag, + 20 PIPs

TWO - bull flag, -10 PIPs

THREE - O/U Divergence, +13 PIPs

Not a bad day considering I was only trading for half of it smiley


DISCLOSURE: Information on IntelliTraders should not be seen as a recommendation to trade binary options or forex. IntelliTraders is not licensed nor authorized to provide advice on investing and related matters. Information on the website is not, nor should it be seen as investment advice. Clients without sufficient knowledge should seek individual advice from an authorized source. Binary options and forex trading entails significant risks and there is a chance that clients lose all of their invested money. Past performance is not a guarantee of future returns.

This website is independent of binary brokers featured on it. Before trading with any of the brokers, clients should make sure they understand the risks and check if the broker is licensed and regulated. We recommend choosing a regulated broker. In accordance with FTC guidelines, IntelliTraders has financial relationships with some of the products and services mention on this website, and IntelliTraders may be compensated if consumers choose to click these links in our content and ultimately sign up for them.

IntelliTraders does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. The IntelliTraders Network is educational material and not trading advice. Trade at your own risk.

© 2018 IntelliTraders, inc. All rights reserved. Privacy Policy Terms & Conditions