Pulled all together what you’ve learned in this week’s series. So program trading can be potentially profitable if you know how to correctly how to use it.
Know where to get the numbers. Update the numbers and act quickly on the information that you’re going to receive.
We’re going to let the market open. Now, I’m going to compare and I’m going to show you what happened on this day and this day is still working out.
So the numbers of program buy is going to be $-6.80 and a program sell is going to be $9.60. We’re going to let the first one go right here. That’s where it starts right here.
Leave that one alone. And we’re going to leave that one alone and now we’re three minutes in so one, two, three minutes.
We’re going to start calculating right here. And Trade Station has a neat feature so anytime I’m pointing on this chart on the Dow.
And this is the one I do this trade on. You could do it on the Dow. You could also do it on S&P or the Nasdaq. I like doing it on the Dow.
So our first sell signal is going to be right here. As you can see right there, there’s the sell signal I’m going to do my mouse clicker.
One over fragment and remove this horizontal line and you can see right there. There’s the first sell signal.
So this is the one prior and the very next one that will be right on top and now that’s the sell signal.
You can clearly see that you could have short it at $34,988 and it clearly went down after that. I’m going to show you every single one of them. The good. The bad. The worst in all.
You can see the next one coming up right here. We are right next to it. And then the next signal is going to be a sell signal. Right there, there’s a sell signal.
We’re just going to keep on going and see how it kind of plays out today. I’ll show you the good, the bad, the worst in all.
Past up one so let’s go back to this one. That’s before it and then the very next one was a sell signal that one.
In that case did not workout so we’re two out of three. Not too shabby so far. Let me hit the next one here.
What I found is I usually work first thing in the morning better than during dead heat of the doldrums.
Here’s another one. Another sell signal right here. And that one also didn’t workout so now, we’re too positive and two didn’t workout and keep on going.
Let’s see what else we got here. Keep on going. That one doesn’t qualifies a program buy just because it didn’t go through it.
But if you got a little sloppy it could probably make that one work. I don’t like sloppy. I like it more tight.
There is another one right there. There’s another signal. That’s a good sell signal right there. And as you can see it traded sideways and then it continued to drop.
So that was a good signal. So you’ve had 5 signals. 3 worked. 2 did not. And I’m seeing if we can get anymore signals.
Keep on going. To the left to the chart. So it looks like it’s going to run out of. And that’s what it’s doing right now. Out of 5 signals 3 worked, 2 it didn’t.
Need to act fast on this because we’re usually quick scalp trades but they can develop something into quite beautiful if you know how to hold on to the winner the correct way.
Silas Peters is going to be doing a special webinar on Price Actions Secrets To Follow The Big Money Footprints.
They’ve got one that’s happening right now at noon while I’m recording this video. After the one that happens at noon today they’ll update that and it will be right date.
It’s July 27th Tuesday at 2PM EST. In order to register for the webinar all you got to do is click this button right here just CLICK HERE TO REGISTER.
Little pop up is going to get you. It needs your first name. It needs your primary email address. It needs you cellphone so we can either voice call or text you and go hey, webinar starting in 15 minutes.
Good luck. Hope it helps. See you on the next video.
Hubert.
