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Traderbeauty

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  1. Like
    Traderbeauty got a reaction from ⭐ daytradez in JTMAI ES Scalper V1.1 no indicators   
    Hello Trader Friends.
    Wanted to thank again everyone that is helping and sharing and giving ideas.
    So what is JTMI scalper- J is Jane, T is Traderbeauty , M is Mechanical, A is Adaptive to the market conditions and I is for *****s ( no pan intended - just wanted to create an impressive name lol ).
    since I am a full time trader , its hard for me to post during the day so i use the weekend as an opportunity to help or at least try to help others.
    First- let me warn you- do not use this method live unless you traded paper for few weeks with no losses.
    http://imageshack.com/scaled/large/51/6evq.jpg
    This is no magic or anything new but there are many rules and pointers that will prevent you from entering at the wrong time or place.
    This is a plain 2-1 ticks renko spectrum with only the zigzag UTC on it just to clearly mark the zigzags.
    I did not post the big picture on purpose- meaning i am ignoring all the big support and resistance, double tops/ bottoms etc which you should watch normally and consider them but in this post i like to keep everything simple for *****s like me that need a simple yes or no in order to push the button.
    So lets get started-
    Rules 1: and the most important one- since we dont use indicators- the only way to know the end of a move/ trend - ahead of time is by watching the distance between the tops for an up move or bottoms for a down move.once we have 1 or 2 ticks then it means get out and sit on the sidelines.
    Lets look on friday's trading.
    Point 1- that is early in the am and we are still fresh and anxious , we can clearly see that we had 2 tops before with a nice distance between them so we are looking for a long entry,once we got it we go long with a stop 1 tick bellow point 1 or you can use a 70 tick chart with acme trend and only go in when you see a clear consolidation then you can get in with 2-3 ticks stop.
    since the distance beteen the last 2 tops was big it tells us that the trend is strong and we can easily few points- in this case we could get 3 points easily.
    Point 2- we still see that the distance is big so like machine we look for the next long entry which came at point 2- this one would have given us 5 points meaning we could actually stop trading less than an hour after we started with 8 points.
    Rule 3---- its not advisable to go more than 2 or 3 times in the same direction, normally the market changes sides and we should expect it to start going the opposite direction so being greedy is ******.
    that is why we could but should not take a long at point 3, but even if we did we would go long at 1695 and exit with 2-3 ticks loss once the next bar turns red.
    point 4- we have now lower low with a big distance between the bottoms so we look for a short- we take it with stop above point 4 . could have gotten another 3 points here- again using the 70 ticks to monitor.
    point 5 is a very small loss or breakeven.
    point 6 is a winner for another 2 points. but noticing that the distance between the tops( will call it DELTA from now on ) is much smaller than before gives us the knowledge that this is not a strong trend.
    point .
    point 7 is ultra obvious- you have to be an ***** NOT to take a short there- look at the delta and the length of the previous move- the market is TELLING US that the move is strong with a big gain expected in this short entry not only few ticks- this was a 4,5 points profit.
    point 8 -i need to explain what is going on here-so please pay attention- the ***** rule is- since we have a lower low we just look for a short and we did get it at point 8 and even if we shorted there we would win a little and definitely not lose. BUT...look at RULE 3 - we just entered 3 times short down and point 8 is the 4th short entry with the direction down with hardly any retracement - so we just have to watch, the other more important fact that you have to notice is- we had a VERY STRONG down move with a huge delta- so WHY THE HELL DID THE MARKET GO UP SO HIGH AND SO CLOSE TO POINT 7? unless its planning to reverse. ( mmm, so that is not just for dummies anymore, we need to think a little ...).
    point 10- basic and obvious long for another 2 points.
    point 11 - same as 10 with another 2 points.
    by now we made so much money almost 20 points using only ONE CONTRACT. we had 1 or 2 very small losers and its total mechanical entry with hardly any rules so we cans top trading after 4 hours and go to the beach.
    Bottom line- if the legs start to get too small it means we are in either chop or consolidate and we better stay out or SWITCH TO renko 1-1.
    Hope it helps-
    I am willing to continue my analysis posts but only if I see enough responses and the only way to see that is by people hitting the "THANKS" button.
    There is much more to this method by using very basic simple fib levels that will allow you to enter countertrend and make even more money but as i said before- i will only continue if i see some responses and support.
    Hope you enjoyed and thank you all again.
    Jane
  2. Like
    Traderbeauty reacted to futuretrader in Please educate fibonacci zones   
    free cs version:
    http://www.send5pace.com/file/m36qrz
  3. Like
    Traderbeauty got a reaction from ⭐ daytradez in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  4. Like
    Traderbeauty got a reaction from mastertrader7 in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  5. Like
    Traderbeauty got a reaction from votehyipcom in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  6. Like
    Traderbeauty got a reaction from CW2 in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  7. Like
    Traderbeauty got a reaction from Kit in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  8. Like
    Traderbeauty got a reaction from groman in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  9. Like
    Traderbeauty got a reaction from Livermore in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  10. Like
    Traderbeauty got a reaction from ⭐ alazif in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  11. Like
    Traderbeauty got a reaction from FXX in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  12. Like
    Traderbeauty got a reaction from RandomTask in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  13. Like
    Traderbeauty got a reaction from iksak in JTMAI ES Scalper V1.1 no indicators   
    Hello all traders.
    I got a huge amount of pms and emails and posts asking me to continue posting ( many offered to pay me and I am honored by that ) and decided to continue doing so, I dont want to let one rotten apple ruin the entire batch.
    Trader34- if you dont have something positive to say then dont say it just go and post somewhere else.
    I dont have time now for the whole picture , got to go somewhere but will do that later today.
    Before I go I just want to explain why this method is so good and guaranteed to succeed no matter what, when and on any market.
     
    As you all know markets are going up or down, this can be done in 2 ways- one is a straight move which happens but usually an up or down move is consisted of series of zigzags which if we can identify we can take advantage and go in with almost no risk.
    I was thinking over and over how to portray this subject without complicating so it can be traded by anyone without thinking ; just plain hard rules.
    That is not easy because I actually watch almost every leg small or big and try to discern why is the market turning from here, once I know why- then i know where it should go.
    A simple example is- if we have a big leg ( lets say 15 points of an up move ) and i see on the big picture ( renko 7-1 ) that it reacted and STARTED to reverse exactly at 1.272 fib extension then I KNOW that it will go down most likely to 0.618 retracement at least which is almost 6 points. This is a valuable info that allows me to enter with hardly any risk and with the knowledge of an EXACT MAP.
    You can use this method on any time frame BUT... when you go to 60 or 240 minutes the levels are getting blurred and its very hard to decide in real time where a leg ends and what is the direction.
    Your stops will be much bigger but as i said it can be done, just know that you gonna pay dearly for a mistake.
    WE can do that on a 1 tick renko but the market is not always clear and straight so I DO NOT recommend it although your stops will be smaller.
    Remember- the smaller your time frame - the smaller your stops are going to be and you will also have more trades which translates to more action and more profits.
    After a lot of research I decided to use the 2 tick renko.Its not that choppy but its the happy medium at least for me.
    Basically I did not invent anything, any trading book will tell you buy on an up stair step and viceversa.
    The problem as with ANY system or indicator or method is that you have a lot of good trades but then you also have a huge amount of losers that if you take them you end either breakeven or at a loss.
    I created this method filtration in a LEADING way and not by using lagging indicators.
    If you follow the simple rules that i will explain later today :
    YOU SHOULD HAVE AT LEAST 90% SUCCESS ( ACTUALLY EVEN MORE).
    Trading the ES is usually slow and relaxed unlike the CL, stops are normally 2 ticks or 3 the most. Sometimes its true what trader34 said about market that is going too fast to execute, but I even solved this problem and many times i trade through a report . If the market moves too fast and you cannot get a decent entry then just skip it and wait for it to slow down which always happens with the ES.
    THE SECRET IS........( and you will not find it in any book or seminar or course )
    USE A TICK CHART -preferred a fast one to look inside the renko. you can use a 70 or 144 or 244 and then go in ONLY after the market is CONSOLIDATING and creating a resistance or support on that tick chart.Once you see the direction, and you know WHERE you are going then look for these miniature entries and go in with 2 ticks stop or if you feel braver 3 but no more.
    If you dont believe me just replay ANY day and see for yourself.
    Trading is not easy its very hard, there are no magic indicators or systems that will make you money guaranteed and if you believe that you might as well get an appointment with Santa Claus also :).
    Every trade is unique and needs thinking ,the market can turn direction on a dime without any reason, but as long as we can follow it then who cares why.
    NEVER be 100% sure where the market is going- meaning- DO NOT try to force the market to do what YOU THINK - it will laugh in your face, just be humble and follow the market no matter what its whims are.You have no idea how many times I saw a PERFECT confluence for example long potential. EVEN yesterda big picture- the market was going down form a big 1.272 so I know that it SHOULD stop and go up at a 61.8 or 78.2 retracement.It broke the 61.8 like a knife so I said to myself- oh well- look at the 78 fib- it was a big 78, and also a symmetry AND a previous support, you cannot get better than that . Market got there- started to react and CONTINUED down laughing at my face.I only lost 2 ticks because i was very careful but this is a great example of WHAT I SAID BEFORE.
    Will post later with final rules.
    Take care and Thanks for all the support.
    JANE.
  14. Like
    Traderbeauty got a reaction from ⭐ elishar in JTMAI ES Scalper V1.1 no indicators   
    Hello Trader Friends.
    Wanted to thank again everyone that is helping and sharing and giving ideas.
    So what is JTMI scalper- J is Jane, T is Traderbeauty , M is Mechanical, A is Adaptive to the market conditions and I is for *****s ( no pan intended - just wanted to create an impressive name lol ).
    since I am a full time trader , its hard for me to post during the day so i use the weekend as an opportunity to help or at least try to help others.
    First- let me warn you- do not use this method live unless you traded paper for few weeks with no losses.
    http://imageshack.com/scaled/large/51/6evq.jpg
    This is no magic or anything new but there are many rules and pointers that will prevent you from entering at the wrong time or place.
    This is a plain 2-1 ticks renko spectrum with only the zigzag UTC on it just to clearly mark the zigzags.
    I did not post the big picture on purpose- meaning i am ignoring all the big support and resistance, double tops/ bottoms etc which you should watch normally and consider them but in this post i like to keep everything simple for *****s like me that need a simple yes or no in order to push the button.
    So lets get started-
    Rules 1: and the most important one- since we dont use indicators- the only way to know the end of a move/ trend - ahead of time is by watching the distance between the tops for an up move or bottoms for a down move.once we have 1 or 2 ticks then it means get out and sit on the sidelines.
    Lets look on friday's trading.
    Point 1- that is early in the am and we are still fresh and anxious , we can clearly see that we had 2 tops before with a nice distance between them so we are looking for a long entry,once we got it we go long with a stop 1 tick bellow point 1 or you can use a 70 tick chart with acme trend and only go in when you see a clear consolidation then you can get in with 2-3 ticks stop.
    since the distance beteen the last 2 tops was big it tells us that the trend is strong and we can easily few points- in this case we could get 3 points easily.
    Point 2- we still see that the distance is big so like machine we look for the next long entry which came at point 2- this one would have given us 5 points meaning we could actually stop trading less than an hour after we started with 8 points.
    Rule 3---- its not advisable to go more than 2 or 3 times in the same direction, normally the market changes sides and we should expect it to start going the opposite direction so being greedy is ******.
    that is why we could but should not take a long at point 3, but even if we did we would go long at 1695 and exit with 2-3 ticks loss once the next bar turns red.
    point 4- we have now lower low with a big distance between the bottoms so we look for a short- we take it with stop above point 4 . could have gotten another 3 points here- again using the 70 ticks to monitor.
    point 5 is a very small loss or breakeven.
    point 6 is a winner for another 2 points. but noticing that the distance between the tops( will call it DELTA from now on ) is much smaller than before gives us the knowledge that this is not a strong trend.
    point .
    point 7 is ultra obvious- you have to be an ***** NOT to take a short there- look at the delta and the length of the previous move- the market is TELLING US that the move is strong with a big gain expected in this short entry not only few ticks- this was a 4,5 points profit.
    point 8 -i need to explain what is going on here-so please pay attention- the ***** rule is- since we have a lower low we just look for a short and we did get it at point 8 and even if we shorted there we would win a little and definitely not lose. BUT...look at RULE 3 - we just entered 3 times short down and point 8 is the 4th short entry with the direction down with hardly any retracement - so we just have to watch, the other more important fact that you have to notice is- we had a VERY STRONG down move with a huge delta- so WHY THE HELL DID THE MARKET GO UP SO HIGH AND SO CLOSE TO POINT 7? unless its planning to reverse. ( mmm, so that is not just for dummies anymore, we need to think a little ...).
    point 10- basic and obvious long for another 2 points.
    point 11 - same as 10 with another 2 points.
    by now we made so much money almost 20 points using only ONE CONTRACT. we had 1 or 2 very small losers and its total mechanical entry with hardly any rules so we cans top trading after 4 hours and go to the beach.
    Bottom line- if the legs start to get too small it means we are in either chop or consolidate and we better stay out or SWITCH TO renko 1-1.
    Hope it helps-
    I am willing to continue my analysis posts but only if I see enough responses and the only way to see that is by people hitting the "THANKS" button.
    There is much more to this method by using very basic simple fib levels that will allow you to enter countertrend and make even more money but as i said before- i will only continue if i see some responses and support.
    Hope you enjoyed and thank you all again.
    Jane
  15. Like
    Traderbeauty got a reaction from ⭐ nadjib in JTMAI ES Scalper V1.1 no indicators   
    Hello Trader Friends.
    Wanted to thank again everyone that is helping and sharing and giving ideas.
    So what is JTMI scalper- J is Jane, T is Traderbeauty , M is Mechanical, A is Adaptive to the market conditions and I is for *****s ( no pan intended - just wanted to create an impressive name lol ).
    since I am a full time trader , its hard for me to post during the day so i use the weekend as an opportunity to help or at least try to help others.
    First- let me warn you- do not use this method live unless you traded paper for few weeks with no losses.
    http://imageshack.com/scaled/large/51/6evq.jpg
    This is no magic or anything new but there are many rules and pointers that will prevent you from entering at the wrong time or place.
    This is a plain 2-1 ticks renko spectrum with only the zigzag UTC on it just to clearly mark the zigzags.
    I did not post the big picture on purpose- meaning i am ignoring all the big support and resistance, double tops/ bottoms etc which you should watch normally and consider them but in this post i like to keep everything simple for *****s like me that need a simple yes or no in order to push the button.
    So lets get started-
    Rules 1: and the most important one- since we dont use indicators- the only way to know the end of a move/ trend - ahead of time is by watching the distance between the tops for an up move or bottoms for a down move.once we have 1 or 2 ticks then it means get out and sit on the sidelines.
    Lets look on friday's trading.
    Point 1- that is early in the am and we are still fresh and anxious , we can clearly see that we had 2 tops before with a nice distance between them so we are looking for a long entry,once we got it we go long with a stop 1 tick bellow point 1 or you can use a 70 tick chart with acme trend and only go in when you see a clear consolidation then you can get in with 2-3 ticks stop.
    since the distance beteen the last 2 tops was big it tells us that the trend is strong and we can easily few points- in this case we could get 3 points easily.
    Point 2- we still see that the distance is big so like machine we look for the next long entry which came at point 2- this one would have given us 5 points meaning we could actually stop trading less than an hour after we started with 8 points.
    Rule 3---- its not advisable to go more than 2 or 3 times in the same direction, normally the market changes sides and we should expect it to start going the opposite direction so being greedy is ******.
    that is why we could but should not take a long at point 3, but even if we did we would go long at 1695 and exit with 2-3 ticks loss once the next bar turns red.
    point 4- we have now lower low with a big distance between the bottoms so we look for a short- we take it with stop above point 4 . could have gotten another 3 points here- again using the 70 ticks to monitor.
    point 5 is a very small loss or breakeven.
    point 6 is a winner for another 2 points. but noticing that the distance between the tops( will call it DELTA from now on ) is much smaller than before gives us the knowledge that this is not a strong trend.
    point .
    point 7 is ultra obvious- you have to be an ***** NOT to take a short there- look at the delta and the length of the previous move- the market is TELLING US that the move is strong with a big gain expected in this short entry not only few ticks- this was a 4,5 points profit.
    point 8 -i need to explain what is going on here-so please pay attention- the ***** rule is- since we have a lower low we just look for a short and we did get it at point 8 and even if we shorted there we would win a little and definitely not lose. BUT...look at RULE 3 - we just entered 3 times short down and point 8 is the 4th short entry with the direction down with hardly any retracement - so we just have to watch, the other more important fact that you have to notice is- we had a VERY STRONG down move with a huge delta- so WHY THE HELL DID THE MARKET GO UP SO HIGH AND SO CLOSE TO POINT 7? unless its planning to reverse. ( mmm, so that is not just for dummies anymore, we need to think a little ...).
    point 10- basic and obvious long for another 2 points.
    point 11 - same as 10 with another 2 points.
    by now we made so much money almost 20 points using only ONE CONTRACT. we had 1 or 2 very small losers and its total mechanical entry with hardly any rules so we cans top trading after 4 hours and go to the beach.
    Bottom line- if the legs start to get too small it means we are in either chop or consolidate and we better stay out or SWITCH TO renko 1-1.
    Hope it helps-
    I am willing to continue my analysis posts but only if I see enough responses and the only way to see that is by people hitting the "THANKS" button.
    There is much more to this method by using very basic simple fib levels that will allow you to enter countertrend and make even more money but as i said before- i will only continue if i see some responses and support.
    Hope you enjoyed and thank you all again.
    Jane
  16. Like
    Traderbeauty got a reaction from ⭐ daytradez in JTMAI ES Scalper V1.1 no indicators   
    First of all i wanted to thank everyone for the nice support.
    Today was another very good trading day without any worries where the pivots or volume clusters or symmetry dots or cl levels or any of these hundreds resistance and support levels.
    Again- today i am going to stay at the same level as yesterday , still no indicators and no countertrend and no higher level stuff.
    http://imageshack.com/scaled/large/543/cymq.jpg
    So started early at 8:50 am which is 5:50 my time, i saw that we do have a higher top so when i got that long signal at point 1 i did not hesitate and went long EVEN THOUGH THE BIG PICTURE TOLD US TO CONTINUE SHORTING FROM THE BIG DROP OF THE NIGHT.
    point 2- same long with a stop bellow, keep in mind that even though the market tried to generate a lower high it did not succeed and as u can see the long was great.
    point 3- same long- look at the delta between tops- meaning trend is strong- no need to measure with any indicators.
    point 4- here is the EXPERT TIP i will add now- as you can see point 4 would be a loser- BUT- and this is a HUGE but and you have to pay attention.:
    YOU HAVE TO MEASURE THE FIBS EXTENSION BETWEEN THE TOPS- they are actually your best measure for the trend strength. once its 1.272 to the tick which happened here-YOU DO NOT ENTER WITH THE TREND BEFORE a retracement of at least 61.8 , so if you look there - i skipped point 4 long because it did not made the 61.8 and i entered at point 5 which was a great winner.
    point 6- same rule but here we had no noise- and it was again a great long.
    point 7 ended with a break even.
    point 8- VERY IMPORTANT-you would imagine that since point 7 low was broken we would look for a short- basically you would be right but 1 tick is normally nothing- actually if you look we hit a support of point 6 and we got a long entry so take it.1 tick actually is the bet divergence - because all the breakout shorts would bail and reverse while we go long and laugh.
    point 9- here i got small legs i just stopped and waited , same with point 10.
    point 11- i saw a nice double top with a short reaction so i took it- was a great short.
    point 12- same short - watch the nice delta.
    point 13- was a little confusing but as i said before- we only broke point 12 by 1 tick so i took this short with a tight stop and it worked perfect.
    point X- its the double bottom between 13 and 14 - forgot to mark it- was a perfect double bottom and i took the long, i expected to have a new high so bailed only with 2 points damn lol.
    point 14 was a mystry- no idea why where so i stayed out.
    same with point Y bottom before 15.
    point 15 took a short for 1 tick loss and then for desert took the nice long of point 16.
    i will not tell you how many points i made but you can figure it for yourself.
    i am just trying to explain that trading the es is great- you have time to think and unlike the cl your stops even though i use market stops are normally very small.
    here is the link again ///// http://imageshack.com/scaled/large/543/cymq.jpg /////
    Enjoy and hope it helped.
    Take care
    Jane
  17. Like
    Traderbeauty reacted to tarar1818 in JTMAI ES Scalper V1.1 no indicators   
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    Traderbeauty reacted to tarar1818 in JTMAI ES Scalper V1.1 no indicators   
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  19. Like
    Traderbeauty reacted to futuretrader in Need Someone To Convert These Indicators to MT4   
    NT version:http://www.send5pace.com/file/i0mkdb
  20. Like
    Traderbeauty reacted to futuretrader in Please unlock this indicator   
    http://www.$endspace.com/file/ye98xa
  21. Like
    Traderbeauty got a reaction from ⭐ agares in Make money consistently trading the ES Traderbeauty way, 2 ticks stop.   
    This is a day trading method trading the ES.
     
    DO NOT RESPOND HERE, I am creating another post just for responses because this is going to be a long post with many screenshots and I want them to be in a perfect order without 50 comments between.
     
    Why am I posting a method here ? - because I want to thank all of you and because I feel comfortable in this forum so if I go against the regulations please let me know and I will delete this post.
     
    Why am I telling you how I trade ? because you are not competing with me, if you go long together with me you are actually helping me. ( actually would love to start our own private trading room shared only by us and nobody else and of course no charge at all).
     
    Why am I trading the ES ? very low commission, very low margin, huge volume so if you stopped out you don't lose 10 ticks like CL on a spike. Slow moves enable to think clearly about each entry and the most important thing- almost perfect fib behavior unlike forex or other markets that just jump up and down.
     
    What am I asking from you ? Please let me know what you think and if you have any suggestions to make it even better. Currently I am using renko spectrum by RJ's which is worth every penny, if you think that there is a better time frame or a better renko or any other type of bars please let me know. i am using Hawkeye volume indicator which shows me when the buyers or sellers take over, and I ask you PLEASE- if there is ANY volume monitoring indicator for ninja that you are aware of please let me know and I thank you in advance for that.
     
    So lets get started ( and I am not going to make it pretty or neat lol ).
     
    The reason why most traders are losing is not because they are ****** or inexperience, its because they DO NOT read the market and find themselves at the wrong side.When you use lagging indicators like macd, stochastics and almost every indicator that is out there you are basing you trading on the last 14 or whatever bars and you assume that the market will continue that way.Sometimes it works but many it does not.
     
    The only way to use LEADING view is by reading the market and watching every leg.the market or at least the ES does not change direction with no reason. 90% of the time it moves according to fib levels so lets analyze friday's moves (4-26-2013 ). I took out all the indicators so we just use fibs- nothing else.
    This is going to be PART 1 of this tutorial because it takes me a long time . According to responses I will continue with part 2 which shows the actual entry.
     
    So here we are- POINT A on friday around 8:40 am eastern time.: the market reversed to the upside refusing to go down and continue the down lower low trend- go long asap, all the shorts are going to run away and bail out helping our long. our target is 1.272 fib extension and we got it to the tick.
    Point B around 9:40 am we go short IF and ONLY IF the short term allows us ( next chapter ) and it did, the reason WHY we consider a short is ONLY because we are perfectly at 1.272 fib. our target is exactly 61.8 fib to the tick and there we are looking to reverse to long , WHY ? BECAUSE WE HAVE HIGHER HIGHS HIGHER LOWS. our target is EXACTLY 1.272 fib extension no more no less WHICH we got TO THE tick. i DON'T WANT TO TELL YOU THAT BY NOW- 10:05 LESS THAN 2 HOURS OF TRADING WE CAN STOP AND GO TO THE BEACH :) BUT LETS FINISH THE DAY.
    POINT D : 10:05 am, same as point B we go short. This time we actually got lucky and it went all the way down GUESS WHERE TO ? of course you guessed 1.272 extension.
    POINT F : 10:43 am we expected the market to go to 61.8 retracement so we can reshort BUT- it surprised us and was tired and only got to 50 fib to the tick. THE MOMENT we got a short signal there WE TAKE IT and we hold keeping our stop 2 ticks above the entry. OUR TARGET NOW IS fib extension of 1.618 which amazingly we got TO THE TICK at point G at 12:05 where we reversed and went long.
    ok i am tired lol enough, so what do you think ? there were NO INDICATORS involved and you could actually use the renko bars to trade as long as you KNOW where the market is going.
    Hope this is helping and please put your comment in the other thread.if you like it then you can press the THANKS button so I know how many enjoyed this post.
    HERE is the chart http://www.sendspace.com/pro/dl/dn0rc1
     
    and please help me with any renko or other bars and any volume monitoring indicators.
    Here is also a short I took so you can see the setup and maybe try to see if you can make it better. http://www.sendspace.com/pro/dl/wnkpkt
    Thanks again for all you help.
    Take care
    Jane
     
    http://www.sendspace.com/pro/dl/dn0rc1
  22. Like
    Traderbeauty got a reaction from Wanderer in JTMAI ES Scalper V1.1 no indicators   
    and on that note I AM DONE
    Thanks everyone for the support and have a great trading day, that was my last post of the subject.
    Jane
  23. Like
    Traderbeauty got a reaction from wrx74 in JTMAI ES Scalper V1.1 no indicators   
    Hi Trader34-
    Since i am executing in IB I cannot do what you said.
    On another note- this is not a competition, I am not trying to sell you or get anything from you so you dont have to insult me by asking for a proof of something that I share that took me years to develop.
    If you still dont believe me then why dont you just REPLAY any day of the last 2 and see if i was right or wrong.
  24. Like
    Traderbeauty got a reaction from Kit in JTMAI ES Scalper V1.1 no indicators   
    Trader34- Please dont fight about a girl :) i feel great reading all the comments, I did try to trade the CL but it was going so fast as you described that by the time i decided to enter the trade was already done lol.
    As I said before- AS LONG as the legs are big enough you can enter just using the renko color change with a 5 ticks stop which is considered nothing for the ES.
    Today was a crazy day but following the rules would have netted you a very nice profit even with few losers.
    The HUGE and MOST important thing to follow is use your brain and the rules to filter out trades which you know will be losers, and i will continue to teach as long as i see support and interest, i just dont want to waste my or your time.
    Thanks
    Jane
    p.s- very good screenshot - does apex help you to filter anything ?
  25. Like
    Traderbeauty got a reaction from ciardim in JTMAI ES Scalper V1.1 no indicators   
    First of all i wanted to thank everyone for the nice support.
    Today was another very good trading day without any worries where the pivots or volume clusters or symmetry dots or cl levels or any of these hundreds resistance and support levels.
    Again- today i am going to stay at the same level as yesterday , still no indicators and no countertrend and no higher level stuff.
    http://imageshack.com/scaled/large/543/cymq.jpg
    So started early at 8:50 am which is 5:50 my time, i saw that we do have a higher top so when i got that long signal at point 1 i did not hesitate and went long EVEN THOUGH THE BIG PICTURE TOLD US TO CONTINUE SHORTING FROM THE BIG DROP OF THE NIGHT.
    point 2- same long with a stop bellow, keep in mind that even though the market tried to generate a lower high it did not succeed and as u can see the long was great.
    point 3- same long- look at the delta between tops- meaning trend is strong- no need to measure with any indicators.
    point 4- here is the EXPERT TIP i will add now- as you can see point 4 would be a loser- BUT- and this is a HUGE but and you have to pay attention.:
    YOU HAVE TO MEASURE THE FIBS EXTENSION BETWEEN THE TOPS- they are actually your best measure for the trend strength. once its 1.272 to the tick which happened here-YOU DO NOT ENTER WITH THE TREND BEFORE a retracement of at least 61.8 , so if you look there - i skipped point 4 long because it did not made the 61.8 and i entered at point 5 which was a great winner.
    point 6- same rule but here we had no noise- and it was again a great long.
    point 7 ended with a break even.
    point 8- VERY IMPORTANT-you would imagine that since point 7 low was broken we would look for a short- basically you would be right but 1 tick is normally nothing- actually if you look we hit a support of point 6 and we got a long entry so take it.1 tick actually is the bet divergence - because all the breakout shorts would bail and reverse while we go long and laugh.
    point 9- here i got small legs i just stopped and waited , same with point 10.
    point 11- i saw a nice double top with a short reaction so i took it- was a great short.
    point 12- same short - watch the nice delta.
    point 13- was a little confusing but as i said before- we only broke point 12 by 1 tick so i took this short with a tight stop and it worked perfect.
    point X- its the double bottom between 13 and 14 - forgot to mark it- was a perfect double bottom and i took the long, i expected to have a new high so bailed only with 2 points damn lol.
    point 14 was a mystry- no idea why where so i stayed out.
    same with point Y bottom before 15.
    point 15 took a short for 1 tick loss and then for desert took the nice long of point 16.
    i will not tell you how many points i made but you can figure it for yourself.
    i am just trying to explain that trading the es is great- you have time to think and unlike the cl your stops even though i use market stops are normally very small.
    here is the link again ///// http://imageshack.com/scaled/large/543/cymq.jpg /////
    Enjoy and hope it helped.
    Take care
    Jane
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