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Day Breaker Crude Oil (CL) Trading System

To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» .

Developer: Jack F. Cahn
Creative Breakthrough, Inc.

Market Sector: Energies 
Markets Traded:
System Type: Day Trading 
Risk per Trade: varies 
Trading Rules: Not Disclosed 
Suggested Capital: $7,500 
System Cost:  
Results Available?: Contact us for Info 
System Description: Day Breaker Crude Oil is designed to trade two different trading conditions: a successful breakout or a failed breakout. Price levels are determined by a unique calculation of fixed support and resistance zones for the day being traded based on previous days range. One aspect of its unique quality is that support and resistance is defined as an area or a zone not a single price level. Day Breakers support and resistance zones are fixed for the day as opposed volatility bands (like Bollinger bands) that move with price during the day). The ability to know when there may be an edge to trade the break out or to fade the breakout is a critical issue that most traders come to deal with no mater how they trade. Traditionally action above resistance turns it into support, so a move below that price zone calls the breakout a failure. Alternately, action above resistance that gets a certain amount of carry through labels the break successful and traders go long. Day Breaker has taken this traditional concept into its systems and added a filter called %C, for percent contraction. It is a measure of market condition. It indicates when the market is coiled up like a spring set up for a trend move or break out. It also calls when a trend is extended and coming t an end. In this case on the entries, if prefers to trade the failed breakouts: on the exits, it is telling the trade it take profits  
 


 

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Disclaimer The risk of trading can be substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not necessarily indicative of future results. Striker is a member of the National Futures Association ("NFA"), the Managed Funds Association ("MFA"), and the National Introducing Broker Association ("NIBA"). Striker is registered with the Commodity Futures Trading Commission ("CFTC"), and was formerly registered with the Securities Exchange Commission ("SEC"). Additionally, Striker is a former member of the Financial Industry Regulatory Authority ("FINRA"), and the Securities Investor Protection Corporation ("SIPC"). FINRA is the largest non-governmental regulator for all securities business in the United States. Please read Striker Disclosure Statement for the additional disclosure.

Futures Trading Disclaimer:
Transactions in securities futures, commodity and index futures and options on futures carry a high degree of risk. The amount of initial margin is small relative to the value of the futures contract, meaning that transactions are heavily "leveraged". A relatively small market movement will have a proportionately larger impact on the funds you have deposited or will have to deposit: this may work against you as well as for you. You may sustain a total loss of initial margin funds and any additional funds deposited with the clearing firm to maintain your position. If the market moves against your position or margin levels are increased, you may be called upon to pay substantial additional funds on short notice to maintain your position. If you fail to comply with a request for additional funds within the time prescribed, your position may be liquidated at a loss and you will be liable for any resulting deficit. For accounts that are deemed abandoned or inactive, Striker may charge up to a $35.00 monthly inactivity fee, depending on the clearing firm where the account is held. If the Net Liquidity of an account reaches a Daily Loss Limit of 80%, open positions will attempt to be liquidated. Clients are responsible for monitoring their positions and are financially responsible for any losses generated by open positions in the account. Striker retains its right to liquidate positions in any account, at its sole discretion, with no forewarning.

Forex Trading Disclosure:
Trading cash Foreign Exchange ("FX") contracts carries the same high level of risk as futures trading (Futures Trading Disclaimer). However cash FX, unlike futures FX contracts that are regulated by the Commodity Trading Futures Commission, are not regulated by any governmental agency. In addition, because there is not a central clearing house for cash FX transactions, there is also a counterparty risk for each contact. For additional information please read the National Futures Association ("NFA") August 2003 "Investor Alert" found on the Striker Disclaimer Page.