Still undecided ... the world waits

Mark Sear • Nov 05, 2020

The world waits.  We trade it.

Well, the world is still waiting for some clue as to what is happening here.  For us it doesn't matter.  We trade when Inteligex tells us to trade.  And not when it doesn't.  That's the thing about the Inteligex Trading System

Now in its 3rd iteration (for the first time available on Ninjatrader 8 and MT5!) the trading system is now simpler to use.  It is built on our phenomenally robust
BOMBE statistical engine to generate trade entries, combined with our CRIB (tm) technology to accurately predict trade targets and provide trade stops.

Its simple to use.  Look at the daily NQ chart above. 


This winning trade is currently worth 8oo banked points so far or put it another way .. $20 x 800 = $16,000. 


How simple is this trade?  Simple.  Very simple.


Candle 1

The bombe gives us a buy signal.  (That's the close above the dotted minor support line - see above). 

We buy at the close of this candle @ 11220

Our target (initial) is the blue dot above candle 1 = 11600


Candle 2

The market continues to rise and hits our target.  Remember this is a daily trade so we don't take any decisions about the trade until the end of the day.  We close above our target, and the CRIB generates a new target and stop.  Notice how the median line (the centre line of the chart) has also turned green. 

This double confirm means we remain in "long" mode, so we remain long. 


Our revised target is now 12400  ( the circled do above candle 2)


And that's it - presto!  This takes
no more than 15 minutes per day if you want to be an end of day trader, and if you want to be a day trader it becomes second nature after a few days watching the live Inteligex Emerald release charts.


FOOTNOTE
We will keep you informed but right now the NQ is at 12055.  Another 55 points ahead, with 30 of those banked with our trailing stop.

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