Hi Traders Just a reminder of the following session start time for the US trading day will be :

8:20 New York Exchange time Monday – Friday

8:35 – GBPUSD 1 winner and done

9:00 am – Crude Oil 89 tick 1 winner and done

9:30 am – Russell 233 tick 1 winner and done

10:00am Dax 202/55tick Duel set-up 1 winner and done

10:30am Soyabeans 1 winner and done

Happy trading

cheers

Shane

All Live Trading Room Results and Room Times (8)

Welcome back traders,

Well the Dax live trading room has certainly evolved and now we are covering bothe Futures, Forex and Commodities using both the Core and HVMM.  For a look at our trading schedule please refer to the timetable below:

Markets Traded

• GBP/JPY
• EUR/JPY (Core Reversal close of USA Session)
• SPI

Coming Soon

• USD/JPY
• Yen Futures

It is finally here!!!!! After an over abundance of requests for a Live trading room which suits a wider community we are excited to offer you the live room which YOU requested. The Asian session has proven to be quite popular due the time zone suiting both the evening for the USA, morning for ASIA and likewise for AUSTRALIA. It has been noted the ASIAN session is a bit slower than most which is suitable for many traders.

The latest and greatest systems with a win rate of 70-75% will be traded on the pairs highlighted above. The room moderator will be calling the trades in real time and also providing some system guidance and information on the HVMM. If you are just after the actual trade entry and exists, then simply follow along and trade the live trades called in the room. However remember that this room is focused on training and some trades maybe missed for actual entries.

Here are the results for the Core Reversal EUR/JPY one winner and done starting at the close of the USA session. No trade adjustment needed and trade will be posted in room as the close of the USA session.

Market                                     = EUR/JPY with a 76.8% win rate

Point Value                              = USD $10 per one standard lot

Total Trading Days                 = 164

Total Profit                              = USD $26,850

Average Monthly Profit           = USD $2,685

Monthly Room Cost                = USD $195

Winning weeks                        =29

Losing Weeks                          = 4

Here are the results for the HVMM SPI 2 winners and done Power of Quitting. Market moves quite slow however the results are consistent.

Market                                     = SPI with a 75% win rate

Point Value                              = AUD $25 per contract

Total Trading Days                 = 165

Total Profit                              = AUD $15,425 per contract

Average Monthly Profit           = AUD $5,100

Here are the results for the HVMM EUR/JPY 2 winners and done Power of Quitting. Moves quite slowly however, the results are consistent and works well on the HVMM.

Market                                     = EUR/JPY with a 79% win rate

Point Value                              = USD $10 per one standard lot

Total Trading Days                 = 110

Total Profit                              = USD $10,810 per standard lot

Average Monthly Profit           = USD $3,600

It is an exclusive room and it is a must for any trader who is keen to explore the opportunities that present during the Asian session. This Live trading room is a YENBONANZA for 2 hours and there will be many opportunities to place live trades with our professional room moderator.

It is fantastic to live trade a system that is tracking at above a 70% win rate.  It is also a great resource for traders who want to increase their trading account and spend some extra time learning the rules with a professional trader using the HVMM.

The room times are weekdays between 9:30am-11:30am from the vibrant and buzzing city of Brisbane in the land of the Koalas, Crocodiles, Kangaroos, Wombats and Sunburn….Australia that is.

Monthly Subscription gets you –

1. Full Global Market Trader Website Access
2. Forex Trading room
3. DAX Trading room
4. Asian/ Yenbonanza Trading room

The Core Reversal EUR/JPY can set up from anytime after the close of the USA session so for those interested in that market please login at the close of the USA session to get entry, stop and target which will be posted in the room as a set and forget trade, no adjustment needed on this.

Be quick to join as the YENBONANZA trading community and make the most of this great trading session.

For more information on how to register email info@globalmarkettrader.com

Happy trading.

Cheers

Luke

Hi Traders,

It has been a while since I have posted on the blog and I have to apologies for those traders who like to keep an eye on our ongoing Dax European and US session performance.  While our posts have been intermittent, our trading has been very good with last month delivering an impressive 144pts on the Dax European session alone. 

We have made a few small system changes to try to improve our general win rate and we are be rewarded.  Tonight we had another winning session collecting a very respectable 12 pts from a deep pullback short. 

We are up this week 23pts as yesterday we had no trades.  I guess the most significant change to our room results and trading style is the one winner and done.  This has got us into a habit of being focused on that one high probability trade.

I will be posting a Video later today so please check it out.

Cheers

shane

Tuesday 21 July 2009 – Ken’s Forex Update

This week is shaping up as a tough week for us so far. Yesterday was +5 pips if you were fast to act, or -27 pips.

 Today was really tough, with very choppy price action lacking momentum. We had 2 losers and 2 winners for -13 pips

 Advanced Tactics:

 EURUSD had a short trade at 2.29am which stopped out for -15 pips. At 2.31am GBPJPY had a short which also stopped out on market noise for -23 pips. EURJPY then had 2 winning trades – a short at 2.46am for +10 pips and a long at 3.58am for +15 pips.

 Core Strategy:

 Three trades today to get +8 pips:

 At 2.04am GBPUSD had a regular cross short for +16 pips

EURJPY had a failed cross long at 2.05am for -25 pips

At 2.23am GBPJPY had a regular cross short for 17 pips.

 Asia Session:

We only look at EURJPY and GBPJPY in the Asia session.

 For Advanced Tactics easy trading today. EURJPY had a short set up at 19.07am for a full profit target of +19 pips and GBPJPY had a short setup at 19.04am for a full target of +20 pips, ending the session with 2 winners and done for +39 pips

The core session had 2 winners and done. EURJPY had a cross short at 19.07am from a 2 bar breakout for full target of +10 pips. GBPJPY had a cross short at 20.00am from a 2 bar breakout for full target of +16 pips, giving a result of +26 pips.

Ken C.

Read the rest of this entry »

Friday there was no Trading on the Forex – 17/7/2009

Thursday’s Market Action on the Forex – 16/7/2009

We started today’s session up +49 pips for the week, expecting a losing session to come along, since we have had such a great run of winning sessions. We knew a losing session was around the corner and today was the day, hitting our circuit breaker for -44 pips. So we are now up just +5 pips for the week.

 Advanced Tactics:

 We waited a long time for our first trade.

 A 2.26am EURUSD had a losing short trade for -16 pips

EURJPY then had a losing long trade at 2.37am for -17 pips

GBPUSD gave us a short at 2.27am which just failed to reach full target so we squeezed just +2 pips, and then EURUSD had a second short trade at 2.52am for -13 pips.

 This was our circuit breakers so we ended up negative for the session.

 Core Strategy:

 Core trading today was also shabby:

 EURJPY started with a winning reversal long from 1.22am for +20 pips

At 21.54am GBPJPY had a losing reversal long for -49 pips

EURUSD had no trades

GBPUSD had a losing reversal long at 1.59am for -36 pips.

EURJPY had a winning short reversal at 2.42am for +26 pips

GBPJPY had a winning short cross at 3.45am for +29 pips

At this stage we ran out of trading session time, so closed at -10 pips.

 EURUSD 89 Tick 3X Strategy:

 Two small losing trades today. At 2.26am we had a short set up which made a loss of -10 pips. Then a long trade at 3.23am went to full target of +19 pips. So today we had an overall result of +9 pips.

 Asia Session:

 We only look at EURJPY and GBPJPY in the Asia session.

For Advanced Tactics EURJPY had a short at 20.52pm which went to full target for +13 pips. GBPJPY had 2 trades – a failed long trade at 20.38pm for -26 pips and a short at 22.07pm for +16 pips. The short was a setup after the original setup candle, where the directional was not in the way. So we finished the Asia session with +3 pips.

The core session unfortunately had a tough time and hit our circuit breaker for -76 pips, all before some beautiful winning trades! EURJPY had 3 trades – a reversal short at 15.12pm from the US session which went to full target of +29 pips, a short pullback trade at 19.11pm which failed for -34 pips and a reversal long at 19.28pm which also failed for -44 pips. GBPJPY just had one losing trade, a reversal long at 19.29pm which failed for -27 pips. At this stage we had three losing trades which is our circuit breaker.

Ken C.

  Read the rest of this entry »

Shane’s Update – Monday 13th July 2009

Welcome back Traders,

Just a very quich snapshot of our results for Monday’s sessions:

Dax early European session 12 pts profit (not called live)

Russell US session 1.6pts profit (called Live)

Dax US session 14.5pts Profit (called Live)

Here is what our members are saying about our trading room trades:

Dax Live Trading Room    

  Read the rest of this entry »

Fridays Forex Results

Fridays we usually expect a slow drawn out session. Today we got the exact opposite with 2 quick trades for +31 pips. This gave us 5 winning days in a row, with the total for the week of +115 pips.

Advanced Tactics:

Both trades set up just before we opened the room up, but we had the chance to get in sync. The EURJPY short went straight to full target of +15 pips. The GBPJPY trade had a full target of 151.01, one pip above the round number. So when the trade got within 5 pips of this we exited the trade for a partial profit of +16 pips, being concerned that the round number would be a strong support level. This was a good call, as price did not make it to full target before reversing.

  Read the rest of this entry »

Read the rest of this entry »

Well traders the Dax 610 continues to be an outstanding performer. This system has not had a losing week since the 7th Noveber 2008. We came very close last week, however this week delivered super results. Traders, you need to remember that the 610 trades for the full Dax session. So requires a trading team. Now, we have been working to find a system/timeframe that takes high probability trades on a smaller tick to ensure we are promoting our number one rule in the trading which is the power of quitting! For those who are looking for an alternative to the 610 we have uncovered a very good performer. Our Simple 2.0 222 modified rules. Dan is one of our Coaches and calls the Simple 2.0 and Advantced Tactics. He has identified a solid perfomer on the Dax with just slightly modified rules allowing higher probaility trades, while reduce risk.

Cheers

Shane
Shane@netpicks.com

Read the rest of this entry »

dax-30th-march-093

Well traders we have started the week very well with winners on all markets. I have posted a short video of our results on the Core for the US session and will be posting additional videos shortly.

dax-30th-march-091

cheers

Shane

Well traders it had to happen, the 610 has had a huge winning run and there had to eventually be a losing week.  Our third week of March produced a very sluggish first session for all our systems with only the Simple 2.0 222 and Advanced Tactics ending positive, while we ended the European session slightly negative trading all systems.  However, our US session led the way with winners all round, except the 610.  We still managed to produce a solid winning week with our combined strategies.  Traders we will be putting together a mini version of our multiple strategies for those traders with smaller accounts.    

We will also be inducing 2 new strategies for April as well as 2 new markets.  

NEWS Update

FREE Wednesday Weekly training and systems review LIVE.  This is an opportunity for you to see these systems live and ask the coaches and trading room moderators questions concerning our systems.  To register for the session please email Luke@netpicks.com.

This weeks Topic is:

Visualisation  – powering up your trading performance

System training – Simple 2.0 610

Our other big news is that Dan Lowry will be running the Russell afternoon session from 14:00pm New York, Exchange time.    

Well traders we definitely see the advantage again this week with the multi-system strategy.  Each system that we present in this blog has a consistently good win rate, however as we know as traders it is critical to diversify and ideal to be trading multiple, uncorrelated markets.  However, we see the diversification we can  achieve within 1 market trading multiple systems. 

The most important thing to take from this strategy is that it is possibly something to aim for as you develop your trading skill.  The primary focus as you enter the markets as a new trader should be to master one system and one market before incorporating a second strategy.

In my next post I will be exploring some less expensive markets for us to hone in on as we develop our trading skills and our equity builds.

Until next post.

Happy trading

Shane

Shane@netpicks.com

Russell Live trades video

Hi Traders,

With some slight modification we are back trading the European session on the Dax. I have been testing the performance of the share bar strategy using our Core system and we are seeing much better results in the backtesting and that is also being replicated in our live calls.

We are also using the Netpicks Directional as part of our filter to ensure we are only taking higher probability trades. I will be posting a video later today on the Core set-ups for Monday as well as our live 222 trades.

Make sure you check our our latest video on the live trades taken on the Russell.  This trading session is currently performing at a win rate of 70%.  Here is last nights video:

Last nights live trade results:

Well we continue to see solid results with our modified trading plan for the European Dax session.  The Core strategy using the Share bars is performing very well with three trades taken netting 16pts points profit for 1 hour of trading.   While our 222 Simple 2.0 system produced a nice 19pts profit from 1 trade.  We were done for the session in under 1 hour……nice work!

We had a slight false start on the Russell afternoon session.  However, now the session is up and running and Dan will be calling the Russell from 13:30 NY Exchange time.  The Russell is one of our best performing markets and we will have two sessions a day available to our members.

If you have any questions or require any additional information on our systems/strategies please do not hesitate to contact any of the UMT team below:

Shane@netpicks.com -

Ken@netpicks.com 

Luke@netpicks.com

Daniel@netpicks.com

Hi Traders,

We are very excited to be announcing out latest live Market being called during the European session.  We are launching the FTSE 100 tomorrow, Tuesday 11 May 2009.  This has been a market we have been tracking for some time now and thought I would share the results of this market since the 1st January 2009 using our Core strategy.  This is one of our best performing markets and we are about to go live.  For more details on the FTSE please do not hestitate to contact Shane@netpicks.com or Luke@netpicks.com

The FTSE Core trading system results:

Total trades:  120

Winners: 84

Losers: 36

Largest winner $255

Larget loser $250

Win rate 70%

Total points since 1 January 2009: 570.5 ($5705 Pounds)

Trading 1 contract 9:00am – 11:00am GMT

System specs:

 Happy trading.

cheers

Shane

Hi Traders,

What a great start to the FTSE Live trading session our first trade called live on the FTSE nets a tidy 20pts profit.  This market is performing very well based on our forward testing and is currently experiencing a 9 night winning streak.  That is correct 9 winning sessions in a row.  If you are interested in trading the FTSE and would like more information, our session times are listed below.  You can also email me at shane@netpicks.com or Luke@netpicks.com.

Almost left out the Dax session which also netted 18pts profit from our slightly modified Core strategy.  More on that later.

Happy trading.

Shane

Shane@netpicks.com

Well traders we have definitely found a hidden gem.

Wednesday’s trading was difficuilt as we had two potentially volatile news announcements in the middle of our session and decided shortly after the open to come back after the major announcements as price started to reflect a series of horizontal line. 

We were back just prior to the news being released and were able to work our orders both above and below the market waiting for a breakout trade.  Price slowly started to trend down following the news triggering us into a short position.   We then spent the next hour and a half watching our trade slowly move to our target.   Our patience was eventually rewarded with a massive 31.5 pts profit. 

That leaves us now w ith 10 winning nights in a row on the FTSE and new equity highs!!

Hi Traders,

Our apologies for not updating our system results over the last 4 weeks, however this will be rectified this week as we will bring all our system stats up to date for our regular blog followers.  You may be surprised at which systems and markets are really performing well!   We will also be  introducing a new market for you to track and recording our Forex swing trading results which have been fantastic.  If you are interest in adding Forex swing trading to your trading arsenal, check out the link below:

 
ULTIMATE SWING TRADER
http://affiliatetracking.com/netpicks/a/shanef/e/57
 

A quick update on our FTSE trading results:

The FTSE Core trading system results:

Total trades:  127

Winners: 89

Losers: 38

Largest winner $315

Largest loser $250

Win rate 70%

Profit Factor 5.80

Total points since 1st January 2009 639pts $6390 Pounds

 Live trades 8 trading sessions

6 winning sessions

2 losing sessions

total of 81pts profit

This is one of the best markets I have traded using the Core system.  Its slow enough to get the trades on without slippage and very easy to maanage each trade which can last from 20mins to 2 hrs.  Patience is the key when trading the FTSE. 

 How did we go last night?:  12pts profit

If you would like more information about the FTSE or the UMT Core system please send either myself or Luke and email.

happy trading

Shane

Shane@netpicks.com

Luke@netpicks.com

Hi Traders,

Results for Monday 1st June 2009.  Please make sure you check out our latest videos of the live trading session under the video tab above.

Hi Traders,

Provided below is a recording of the Avestra Brokerage Presentation available to UMT members.

Cheers

Shane

Avestra Brokerage Presentation

Contact details

Avestra Group

Traders provided below is a detailed breakdown of how our systems are performing on a daily basis.