So here I start a new thread of my revisited M trade... This is the third and last method I am actually trading in Futures...
My Futures Trilogy is this : "Flip" "ABC" "Lazy" ...
With this 3 aproaches I manage to finish every session with my daily target...
The Lazy trade its the Counter trend trade.... its the "refresh" back to the mid band... its the ideal cycle market setup, when momentum doesnt appear, the lazy trade its there to make you profitable as we go back from the outerbands to the mid band... also when we have a very strong move and momentum dries up, the "lazy" trade its ready to play the oposite come back to the mid band... (there is lot of Wayne Harris on this from kwikpop )
Not so easy trade... (do not recomend to newbies) You have to be good in measuring "market climate"... you DONT want to trade this setup when there still is a momentum condition... you can get seriously hurt...
That doesnt mean this trade cant be profitable, I have been trading M`s for years and made me profitable...
Now lets forget about the M term and lets talk about a Lazy trade (see example graph)
1rst we have a pivot that was formed on some extreme outside the outerbands..
2nd we have a second pivot that its so lazy that he doesnt want to swing the first one...
3rd we get a timing to refresh to the mid band after this "lazy" pivot did not take on the previous one...
And thats it... some times works like a charm, some times it doesnt... but the concept its about refreshing to the Mid band...
My revision to the method was taking all the CCI timing techniques being used on the "flip" as on the "ABC" trade and aplly it to the "Lazy" trade... thats how I unified all three aproaches with ONE timing methodology... making my life more easy in terms of timing and reading charts... being able to trade three methods at the same time looking at the same chart...
Ok there are some nuances to this trade I will explain now... and will try to expand in later posts as its not so easy as flip or ABC...
Watching the CCI, you will notice ( see example ) that the first pivot has made a large formation on CCI, while the second lazy pivot did a small formation on CCI... this nuance has been powerfull for me to discover on this new version of my old trade... CCI talks to me in this phenomena...
Once you see it over and over again it gets clear this morfology ...
Well I think a chart says more than a millon words... hope can bring some light on the cycle counter trend alternative... cheers Walter.
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So here I start a new thread of my revisited M trade... This is the third and last method I am actually trading in Futures...
My Futures Trilogy is this : "Flip" "ABC" "Lazy" ...
With this 3 aproaches I manage to finish every session with my daily target...
The Lazy trade its the Counter trend trade.... its the "refresh" back to the mid band... its the ideal cycle market setup, when momentum doesnt appear, the lazy trade its there to make you profitable as we go back from the outerbands to the mid band... also when we have a very strong move and momentum dries up, the "lazy" trade its ready to play the oposite come back to the mid band... (there is lot of Wayne Harris on this from kwikpop )
Not so easy trade... (do not recomend to newbies) You have to be good in measuring "market climate"... you DONT want to trade this setup when there still is a momentum condition... you can get seriously hurt...
That doesnt mean this trade cant be profitable, I have been trading M`s for years and made me profitable...
Now lets forget about the M term and lets talk about a Lazy trade (see example graph)
1rst we have a pivot that was formed on some extreme outside the outerbands..
2nd we have a second pivot that its so lazy that he doesnt want to swing the first one...
3rd we get a timing to refresh to the mid band after this "lazy" pivot did not take on the previous one...
And thats it... some times works like a charm, some times it doesnt... but the concept its about refreshing to the Mid band...
My revision to the method was taking all the CCI timing techniques being used on the "flip" as on the "ABC" trade and aplly it to the "Lazy" trade... thats how I unified all three aproaches with ONE timing methodology... making my life more easy in terms of timing and reading charts... being able to trade three methods at the same time looking at the same chart...
Ok there are some nuances to this trade I will explain now... and will try to expand in later posts as its not so easy as flip or ABC...
Watching the CCI, you will notice ( see example ) that the first pivot has made a large formation on CCI, while the second lazy pivot did a small formation on CCI... this nuance has been powerfull for me to discover on this new version of my old trade... CCI talks to me in this phenomena...
Once you see it over and over again it gets clear this morfology ...
Well I think a chart says more than a millon words... hope can bring some light on the cycle counter trend alternative... cheers Walter.