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This makes trading so easy

Trading College
Published by Lee Sandford in Beginner · Tuesday 22 Oct 2024 ·  1:15

This trading session on the FTSE 100 was straightforward. The morning started with a drift lower, and by 8 a.m. (when the London Stock Exchange opened), we saw a significant buy signal. Although we usually avoid buying on large candlesticks, this one yielded a 15-20 point gain before momentum faded.

Key to today’s strategy was the Pro Trading System (PTS) and the Storyteller indicator. Early on, we saw signs of a rollover despite buy signals, so staying cautious was essential. We then had a successful short trade from 83.70, dropping down to 83.50, and continued monitoring for any change in trend.

Throughout the session, the red PTS and tracks confirmed sellers were in control. We maintained short positions, taking profits as needed, while the system remained red. The afternoon brought another red signal, guiding further sell-offs. Our method was simple: follow the PTS and let it dictate the trades.

The key takeaway: Keep it simple. Stick to the signals, avoid overcomplicating your trades, and let the system guide you. When sellers are in control, there’s no need to second guess—ride the trend until it turns.

Stay disciplined, and you’ll see results. Book a call-back today!


Trading College

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