logo

Speak With a Consultant

Contact us today to learn if Day Trading is for you, and to discuss your own personal journey through the education of Futures Day Trading.
Book a Call
info@idta.com.au
(07) 5551 4050
 

Even our Oil Traders are Trading well! Welcome to the US Pre-Market!

Even our Oil Traders are Trading well! Welcome to the US Pre-Market!

The Oil Market is crashing and we can trade down … I wonder if there is an opportunity here as well?

 

Oil has dropped below ZERO (USD per barrel) for the first time I have ever seen and our Oil Traders are loving it! Let’s chat Oil for a moment. In the WATL, the “World According To Lachy”, Oil is the global currency of prosperity and prosperity is falling. It does not take a rocket scientist to work out why it is dropping (COVID-19) and the ramifications are huge.

 

Some traders may be panicking, sure, but our traders have the freedom to trade Oil both up and down over short time frames. This means that we can move with the panic, and the inevitable recovery, and do so every time we get a trade that meets our plan.

 

The Screen shot below, from Greg S, Newcastle, Australia, from 27 April 2020, is a great example of this. Greg sold oil at the start of the US Pre Market using our DELTA Signal (a great time to trade oil!). Greg set an early target, +10, then a long range target of +70. Greg carried $200 risk on the trade when he started and sort to make $800 out of the trade. On this trade, Greg was able to reduce his risk to zero, called break-even, after only 5 Minutes in the trade, and let his profit run with the market. It must be noted that Greg had losing trades as well this week, sure, they are part of trading. I have included this screen shot from Greg as a great example of what you can do with a strategy that trades Oil both up and down. Well done Greg!!!

 

The chat log below is testament to our ability to trade both up and down and also our freedom to do this on a daily basis as per our short range strategies. To me there is no better proof of a trading strategy, and its potential, than the chat log straight out of a Live Trading Room. Well done traders on another great trading week!!! ** Lachlan Elsworth

Here is our Live Trading Room chat log 27 April to 1 May  2020. There are so many amazing success stories under creation here so a huge well done to all!!!

 

The following text grab is straight out of the Live Trading Room for the US Pre-Market Session with Lachy. Please note that there are winning and losing trades in the chat log below. Losing trades are just part of trading so be aware you will get 1 or 2 from time to time. For everyone of you moving forward, slowly or quickly, I am very excited for you! ** Lachlan Elsworth.

 

Live Trading Room US Pre-Market Session with Lachy!!!

 

Monday 27 April 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:05 pm) GregS -: +10 +2 nq sim

(09:06 pm) PaulC -: +7 mnq sim

(09:10 pm) AlanC -: +20 nq rev off 133Fib

(09:21 pm) RemieW -: +10 dax step/br

(09:21 pm) VincentD -:  +7 gc rev off gap

(09:21 pm) GregS -: +10×5 +2×5 cl

(09:29 pm) AlanC -: +10 nq

(09:29 pm) FrankK -: +10 nq

(09:29 pm) KeithH -: +12 nq sim

(09:29 pm) KenS -: +12×2 mnq eff

(09:30 pm) WayneM -: +10×2 mnq

(09:30 pm) GregS -: +10 +2 nq

(09:44 pm) KeithH -: +12 nq sim

(09:44 pm) KoziK -: +10 mnq

(09:44 pm) PaulC -: +15 mnq sim

(09:44 pm) GarethW -: +10 mnq

(09:44 pm) WayneM -: +10×2 mnq

(09:44 pm) FrankK -: +10 nq

(09:44 pm) KenS -: +10×2 mnq

(09:45 pm) VincentD -: +10×3 +20×2 mnq rev off 50

(09:45 pm) JohnM -: +20 nq

(09:46 pm) AlanC -: +20 nq

(09:47 pm) KenS -: I am done thanks Lachy goodnight +99 mnq for the day

(09:47 pm) WouterW -: +10 nq live

(09:47 pm) GregS -: +10 +10 nq sim

(09:56 pm) AlanC -: +10 6e ecorpc

(09:59 pm) AlanC -: +10 nq rev off 76F

(10:03 pm) GregS -: +10×5 +70×5 cl

(10:21 pm) WayneM -: +11×2 mnq

(10:23 pm) AlanC -: +20 nq rev off 133F

(10:27 pm) AlanC -: +10 nq rev off 76F

(10:29 pm) VincentD -: +17 mnq rev off 76

(10:30 pm) MarkB -: +64 nq

(10:36 pm) AlanC -: +20 6e off 76F

 

Tuesday 28 April 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:02 pm) GregS -: +10 nq sim

(09:02 pm) FrankK -: +12 nq

(09:03 pm) KenS -: +20×2 mnq step break

(09:15 pm) VincentD -:  +5 es

(09:34 pm) JohnM -: +11 rcr

(09:34 pm) GregS -: +10×5 +2×5 cl

(09:43 pm) JohnM -: +11 nq rcr off 50

(09:46 pm) VincentD -: +5 cl rev off 76

(10:01 pm) KenS -: +2×2 mnq atm

(10:12 pm) FrankK -: +13 nq

(10:12 pm) NancyD -: +10 nq

(10:12 pm) WouterW -: +10 mnq

(10:12 pm) VincentD -: +11 +4 mnq

(10:13 pm) ScottP -: +8 mnq

(10:18 pm) KenS -: +2×2 mnq atm

(10:27 pm) WouterW -: +10 nq

(10:33 pm) KenS -: +10×2 mnq

(10:57 pm) WouterW -: +10 nq

(10:57 pm) RogerW -: lol +4 es sim

(10:58 pm) FrankK -: +4 es

(10:58 pm) GregS -: +4×7 +1×3 es

 

Wednesday 29 April 2020 – Learn to Trade Live Trading Room Text Grab 

 

(08:53 pm) ScottP -: +9×4 mnq swing

(08:57 pm) RemieW -: +10×10 dax delta at 10837

(09:08 pm) RemieW -: loss -20×10 dax delta at 10845 fdax

(09:17 pm) PaulC -: -70 mnq loss

(09:18 pm) ScottP -: -78×2 mnq that’s life

(09:18 pm) WouterW -: -30 nq

(09:18 pm) ShirleyH -:  -80 nq

(09:18 pm) GregS -: -80×2 nq sim

(09:18 pm) KenS -: -80×2 mnq

(09:19 pm) KoziK -: +10 x 2 mnq

(09:19 pm) PaulC -: +10 mnq sim

(09:20 pm) ScottP -: +9 mnq

(09:20 pm) VincentD -: -78 nq

(09:25 pm) KenS -:  +10×2 mnq delta

(09:36 pm) VincentD -: +2×5 cl sb (ATM)

(09:44 pm) KoziK -:  +10 nq sim

(09:47 pm) VincentD -:  +11×3 +21×2 nq

(09:47 pm) RobertM -: +11+21 mnq sim short

(09:47 pm) MarkB -: +20 nq

(09:47 pm) PaulC -: +10 mnq sim

(09:47 pm) FrankK -: +10 nq

(09:47 pm) GaryW -: +11×2 nq

(09:47 pm) WouterW -: +10 mnq

(09:47 pm) GeorgeS -:  +10 dax step brk

(09:48 pm) KenS -:  +20×2 2×2 mnq delta

(09:49 pm) RemieW -: +20X10 dax Bio/s at 10825

(09:49 pm) VincentD -: got a +1 rev of PP… ATM needs tuning

(09:50 pm) GregS -: +44 nq sim

(09:50 pm) MarkB -: +20 nq back the other way

(09:50 pm) RemieW -: +10 X10 dax delta fdax

(09:50 pm) ScottP -: +9×5 mnq rcr

(09:53 pm) PaulC -: +10 mnq clim rev

(10:00 pm) GregS -: -12×7 -14×3 es

(10:11 pm) VincentD -:  +10×3 +5×2 nq off 76

(10:13 pm) MarkB -: +20 mnq

(10:18 pm) VincentD -: +5×5 cl

(10:18 pm) VincentD -:  -10 gc messed up open pivot

(10:25 pm) GregS -: +10×5 +2×5 cl

(10:27 pm) GeorgeS -: +20 dax

(10:29 pm) WayneM -: +160 mnq

(10:36 pm) PaulC -: started with a -70 loss. ended up getting it all back and +20. mnq sim.

(10:59 pm) WayneM -: +110 mnq

 

Thursday 30 April 2020 – Learn to Trade Live Trading Room Text Grab

 

(08:55 pm) GregS -: Hi Guys +20 nq sim

(09:08 pm) VincentD -: +5 cl off 50fib, +5 sb

(09:09 pm) ScottP -: +11×3 mnq

(09:10 pm) RobertM -: +11+21 mnq sim

(09:14 pm) FrankK -: +6 es

(09:16 pm) GregS -: +10×5 +10×5 cl

(09:39 pm) VincentD -: +11×3 +21×2  mnq

(09:40 pm) FrankK -: +10 nq

(09:40 pm) ScottP -: +11×2 mnq sim

(09:40 pm) MarkB -: +20 nq

(09:40 pm) HectorM -: +18 nq

(09:41 pm) ChrisW -:  +12×2 nq

(09:41 pm) HeatherT -: +10×10 mnq live

(09:42 pm) KenS -: +10×2 +4×2 mnq

(09:45 pm) WayneM -: +10 +10 mnq

(09:47 pm) WouterW -: +15 mnq

(09:56 pm) FrankK -: +12 nq

(09:58 pm) GaryW -: +9 +10 nq

(09:58 pm) KenS -: +10×4 mnq

(09:59 pm) ScottP -: +11×2 mnq rcr sim

(10:00 pm) MarkB -: +20 nq

(10:00 pm) RobertM -: +11+21 mnq sim

(10:00 pm) VincentD -:  +25 mnq

(10:00 pm) PaulC -: +10 mnq sim

(10:01 pm) KeithH -: +10 mnq

(10:03 pm) GarethW -: -21 mnq got in 1 tic below delta and stopped to the tic while moving it to the right place- too slow- 1st loss this week grrr! Take dog for a walk

before I do something silly.

(10:04 pm) WayneM -: yes +10 mnq

(10:10 pm) FrankK -: +5 es rcr in sim.

(10:59 pm) GaryW -: +11 +42 mnq

(11:00 pm) WayneM -: +70 mnq sorry

 

Friday 1 May 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:20 pm) AndrewO -: +10 nq sim

(09:21 pm) KoziK -:  +10 nq sim

(09:21 pm) Michael (MJ): +15 mnq your call

(09:21 pm) FrankK -: +10 es

(09:22 pm) Joshua and Rebekah -: +10 nq sim

(09:25 pm) KoziK -: +10 nq sim

(09:29 pm) Michael (MJ): +10 mnq

(09:33 pm) VincentD -: +2 cl off gap, +2 cl off 76

(09:45 pm) Michael (MJ): +10 mnq

(09:48 pm) SholtoB -: +10×2 mnq

(09:48 pm) MarkB -: +24 nq

(09:49 pm) Lachy : Akito +10 nq live

(09:49 pm) WayneM -: yes +10 mnq

(09:49 pm) GregS -: +8×7 +8×3 es

(09:49 pm) KeithH -: +10X2 mnq

(09:51 pm) GregS -: +12 +28 nq sim

(09:59 pm) VincentD -:  +14 +10 cl deltas

(10:12 pm) ScottP -: +11×2 mnq

(10:24 pm) Michael (MJ): +15 mnq

(10:54 pm) KeithH -: +10 mnq sim

 

 

Well done Traders!!! Let’s keep trading the volatility using one of the best ‘Learn to Trade’ environments I have ever seen!

To me, the Live Trading Room chat log represents one of the only true measures of the credibility of a trading strategy. Why? Simply put, there is no where to hide in a Live Trading Room. For years I have had the privilege of teaching people how to trade the markets really well and my journey continues into 2020. Once again, the chat log above is proof that trading does work, if you approach the right markets, at the right time, with the right strategy and a great team to help you along the way! Well done all! Lachlan Elsworth 

If you are not in the LTR and want to find out more about the IDTA Philosophy and Strategies then please watch our a FREE 90 Minute “On Demand” webinar here. Click here to get started!

 

Lachlan Elsworth and the IDTA Team!

 

Past Performance Customer Caution Notice.** Please note that our member posted results are not independently verified by IDTA, nor can the results be used as an indication of the past performance or the future performance of the strategy. All results must hence be considered hypothetical in nature. IDTA has over 1000 clients in 20 countries and to verify every result posted into the Live Trading Room, on a daily basis, would be an impossible task. Trading days that do not result in a trade being called in the Live Trading Room will be commented on accordingly.