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CycleTRADER_PRO_ES_1003 Trading System
To learn more about this system,
Call 800.669.8838/312.987.0043 or Email us» . |
Developer: Jerome Bressert |
Market Sector: | Stock Indexes |
Markets Traded: | |
System Type: | Day Trading |
Risk per Trade: | Varies |
Trading Rules: | Not Disclosed |
Suggested Capital: | $15,000 |
System Cost: | $100.00 Monthly Subscription |
Results Available?: | Contact us for Info |
System Description: | System is a blend of 2 CycleTrader Pro Indicators to determine market trends. It enters with two contracts and exits 1/2 of them within 8 to 12 ticks to help reduce exposure and let the 2nd half run for potentially more significant profit targets. It uses two alliances of Fibonacci exit formations that will determine the exit for the 2nd half of contracts based on current market conditions. The system starts 30 minutes after the cash opening of the SP500 and closes any open positions at the close of the day at 3:00 p.m. CST. The system does not use stop orders because it will reverse when the market changes direction. We have learned that this pattern has worked better but can lead to heavier swings in the P/L if the market makes a significant market moves before the 24-minute bar closes. It will reverse on bar close if the market trend filters do cross over on bar close. This reverse pattern is the stop model. |
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