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TrendProphecy gives
you informative real time Entry Points and Alerts, when to enter the market -
either long or short, and thereafter Alerts for eventual stops.
Beginning 0:15 am (EST) and all throughout the trading day, TrendProphecy
computes the short term TREND for S&P 500 (ES), Nasdaq100 (NQ), Dow (YM) and
Russell (TFS) E Mini
futures contracts.
Two Sound and Visual Alerts for activate when:
1. TrendProphecy is close to an eventually change in the TREND or when the
current Trend is considered Unstable - and -
2. When the TREND is Confirmed.
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It does not matter to TrendProphecy if it's a Bull or Bear market.
No matter how the market is behaving, TrendProphecy gives you Long and Short
signals.
TrendProphecy makes it easy for you to trade with the short-term trend and earn an
advantage throughout the trading day, with one or more contracts.
Subscribers are never in doubt, Entry Points and Alerts updates dynamically with
positions color coded - Blue/Buy, Red/Sell and Warning Labels showing if the
current Trend is Stable or not.
The Column Max Profit in the
Trade Info Grid window to the right shows the Maximum
profit it has been possible to obtain during each individual position.
The Column Last Profit shows the profit
by the end of each position.
The number is very often less than the Max Profit or even negative, which clearly
illustrates the TrendProphecy's DayTrading strategy and Philosophy - Do NOT stay in a position until
a Trend change, instead take advantage of a valuable Entry Point, and then
exercise a sound exit strategy, which will be different from trader to trader,
based upon his risk aversion, number of contracts traded and so on.
it is not a
fault by TrendProphecy if the price development (Last Profit Column) by the end
of a position is going against the original position. Contrary, it is in the
nature of the way the TrendProphecy algorithm is developed, to find an entry
point that is trustworthy. The trend then has to be confirmed, and that is why
TrendProphecy very often end up with a loss if you stay in the original position
until it changes.
No trader, either you are a Scalp Trader or a more conservative Trend -or
swing Trader should
stay in a position until it changes. As a Scalp Trader remember to use the
Alerts as signals to exit and then re-enter the trade, and as the casual trader
use the alerts as eventual stops, and then re-enter the market when a new Trend
is confirmed.
The fundamental rule for the trader is to take profit if possible while the
 sign is
on or at least when the
sign shows.
The
is not the same as a Trend Change, the Trend can go back to
stable, that is why the Conservative Trader if he has not been able to take
profit should still stay in position even if the Trend Unstable is shown, as
the Main Trend is still intact until a confirmed Trend Change happens. When
the signal change back to
the position can be re-entered, as shown in the trading
example.
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Trade Info window showing each position for each Future Contract. The info
shows the position Long (Buy) or Short (Sell), the time where the trade started,
the price paid for the position , the last Alert if any has been called, the
current or last profit, the Max Profit column and the number of roundtrips for
the day. |