Back to List of Systems
PMDT Swing ES & TF Trading System
To learn more about this system,
Call 312.987.0043 or Email us» . |
Developer: Len Pearson |
Market Sector: | Stock Indexes |
Markets Traded: | |
System Type: | Day Trading |
Risk per Trade: | Depends on volatility but generally 10 to 15 pts |
Trading Rules: | Not Disclosed |
Suggested Capital: | $7,500 |
System Cost: | $200.00 Monthly Subscription |
Results Available?: | Contact us for Info |
System Description: | Signals are triggered by volatility events that result in the market moving with increased volume out of consolidations. All entries and exits are stop or limit orders. Entries are triggered by a price breakout that is established with a confirmed trend. The system adapts to constantly changing market conditions in real time once the trade is opened with the objective of maximizing profits. Exits occur at significant levels of resistance that may be dynamically moved according to favorable price action. If the trend continues the exit target and the trailing stop are advanced. The strategy is designed to exit trades when the probability of profit is high and then enter another trade when a substantial retracement is made within the same trend (these moves are identified with fractal patterns). This strategy results in a higher number of trades but it makes more profit than enduring pullbacks. Trades meeting the criteria occur daily. The system trades Long or Short in agreement with a confirmation of trading in the direction of the trend. The same code is used for trading front month TF and ES. These two contracts are the most lucrative of the E-minis. Trading is limited to the open hours of the NYSE. Trades are entered and exited on the same day. Positions are not held overnight or over the weekend. |
Systems Evaluation