There really is a day for everything. Truly today is National Cat Herders day. What??? Honestly check it out. And thats what the markets felt like this morning. Herding cats. Just one trade for a quick $125.
Then nothing much as we didn't trade until after lunch. Over lunch .... a huge jump. Perfect for us. Why? Because we ended up with the price above the 60 minute "bombe". That is right in our sell zone. Thats a 90% probability of a drop. As you can see, we went in with multiple sells looking for a few points on the pullback. Which we duly got. The zone delivered nicely.
The markets are really slowing down now for Christmas so the live trading is more educational right now. Thats the main purpose of the trading room of course. To create high probability traders.
People that can manage risk for themselves and who make a great full-time living or maybe just second income from trading. People that see trading as a home business and treat it as a business.
Our track record is now 30 days consecutive profits and 91 consecutive winning trades. We're happy but of course we want to be able to take more of the smaller trend trades in the room. They just didn't present themselves nicely today. But .. no worries. The trades are coming. 2020 has been a great year for us. 2021 is shaping up to be even better.
As for todays video, it is almost pure education. We think its worth a watch. You will see us call the markets correctly multiple times as we show our new traders who to think about the markets. You see us take a single trade and explain why we are going to be patient. Later on (after the video ends) we get our reward in increase our profits to the $850 as shown below.
High probability trading. Where patience meets probability and profit is the outcome.
Here is the hourly chart of the day. Quite an interesting day but not one of the best. We'll be stopping heavy trading shortly for the Christmas break. 2021 is going to be a monster year though. Our special offer on prices ends December 30th. Ready for the fun to really start in January. New President. Covid still about, but the financial issues really kicking in .... perfect trading territory for us. We cannot wait.