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Here we go again, the fall is about to be corrected, again!

Here we go again, the fall is about to be corrected, again!

Another week, another brilliant Euro Open Session with Fred the Master!

 

The trading week 17 – 21 August was a week of consolidation and yet it continued to produce brilliant trades. A big thank you to Fred the Moderator for his brilliance in trading.

 

The efficiency algorithm has quickly become one of our most popular signals. Why? Simple! The indicator is designed to predict high probability signals in the market and is a great way for beginner traders to start trading.  In the case of the screen shot below, this signal is termed an Efficient (green arrow indicator) CORPC (closed outside the range of the previous candle) buying bar with the trend.  These signals are one of the favored signals in the Live Trading Room as they are clear, easy to call, easy to identify and typically quite profitable when traded early in the Fibonacci.

 

The chat log below is testament to the power of this signal and the other signals used by the IDTA Trading Team. As the guy that wrote the algorithms, I am very pleased with what I see LTR results wise.  Having been in trading education for over 14 years, I can happily say that a well run Live Trading Room is the best tool I have ever seen for Live Market Commentary and Live Market Education.  Well done traders on another great trading week!!! ** Lachlan Elsworth.

Here is our Live Trading Room chat log 17 – 21 August 2020 for the European Open Session (5 p.m. Sydney Time).

 

The following text grab is straight out of the Live Trading Room for the Euro Open with Fred. 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 Euro Open Session with Fred, assisted by Lachy !!!

 

Monday 17 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(04:59 pm) JohnS -: +50 dax TH

(05:02 pm) Lachy : +10 dax delta after retrace so I could use a smaller stop.

(05:03 pm) RemieW -: +10×10 dax delta at 12926

(05:05 pm) Cam D -: +10 nq cr

(05:05 pm) GaryW -: +10×2 mnq cc rev

(05:09 pm) johnw -: +8 mnq from the delta to the 75 ext

(05:10 pm) MarkB -: +16 mnq rev cc

(05:12 pm) RemieW -: +10X10 dax delta at 12881

(05:16 pm) Nicki -: +5 x2 es  off the 76 + 15m close

(05:17 pm) GaryW -: +4 es sim bs

(05:18 pm) BarryR -:  +4 es bs eff delta

(05:19 pm) Nicki -: +4 +8 es  delta at step break

(05:20 pm) Lachy : +10 dax delta – done for the day

(05:21 pm) NavdeepR -: +20 nq bs retrace on body of the candle

(05:21 pm) NavdeepR -: +20×2 nq sim

(05:21 pm) Nikolay -: +29×2 mnq

(05:21 pm) Lachy : Navdeep great trade

(05:22 pm) GaryW -: +4 es rev off open

(05:22 pm) johnw -: +6 mnq delta 11178.5

(05:22 pm) JohnM -: +4c+8 es off 50

(05:23 pm) RemieW -: +10X10 dax delta at 12846

(05:26 pm) RemieW -: +10×10 dax delta at 12888

(05:30 pm) NavdeepR -: +10×2 nq delta outside ECORPC

(05:30 pm) Kelvin M -: +20 mnq

(05:30 pm) stephenc -: +11 +21 nq delta  sim

(05:31 pm) AndrewO -: +11 nq sim

(05:31 pm) JeanetteB -: +10 nq delta sim

(05:31 pm) MaryO -: +10 nq delta

(05:31 pm) KurtB -: +10 x2 nq

(05:31 pm) DarrynB -: +20 nq delta

(05:31 pm) Lachy : well done all – great work!

(05:31 pm) RemieW -: +10X10 dax delta at 12916

(05:31 pm) HeatherT -: +10 nq delta

(05:32 pm) RemieW -: +10X10 dax delta at 12926

(05:32 pm) NavdeepR -: Thanks Lachy, Thanks Fred, Euro open session target achieved 2 of 2 positive +20 +10 nq sim

(05:32 pm) AshtonS -: +15 nq delta fixed  retrace off 60 min 76 fib of prev run down foxed 30 risk.

(05:32 pm) PeterD -: +15 nq delta sim

(05:34 pm) Nicki -: +5 x2 es  off the 76

(05:35 pm) SholtoB -:  Interesting day. -20 nq; +10 mnq;+52 mnq; +10 mnq; +9 mnq;+9 +10 nq

(05:36 pm) JimB -: +9 es sim

(05:37 pm) MarkN -: +11 nq sim

(05:56 pm) IvanM -: +6×2 mes

(05:56 pm) DarrynB -: +5 es delta

(05:58 pm) GaryW -: +4 es sim

(05:59 pm) johnw -: +7 mnq delta

(06:00 pm) johnw -: +11 mnq delta 11203

(06:00 pm) DarrynB -: +10 nq rev off 76

(06:01 pm) GaryW -: -21×4 mnq delta at step break

(06:04 pm) johnw -: +8 mnq rev

(06:10 pm) JohnM -: +4×2 es off 50

(06:11 pm) RemieW -: Loss -20×10 dax delta at  12886

(06:14 pm) johnw -: +8 mnq eff c + delta

(06:15 pm) GaryW -: +4 es sim rev off 50

(06:16 pm) KurtB -: -20 x2 nq

(06:17 pm) Greg : Sneaky +4×9 +1×4 es

(06:21 pm) johnw -: for a sideways slop market I’m happy with 6 from 6  thanks fred

(06:23 pm) BruceT -: Just the one trade for me. +10 nq sim. tx Fred

(06:25 pm) NevR -: Thanks Fred  +22 nq

 

 Tuesday 18 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(05:03 pm) Michael (MJ): +20 dax sim

(05:03 pm) MaryO -: +10 nq delta

(05:04 pm) RemieW -: +10X10 dax delta at 12842

(05:04 pm) Michael (MJ): +30 +50 dax sim

(05:06 pm) GaryW -: +10×4 mnq

(05:07 pm) ColinC -: +10 mnq rev

(05:07 pm) JohnM -: +4×2 es cr

(05:08 pm) Nicki -: +4 +8 es  off the 75 fe

(05:08 pm) Nikolay -: +10×2 mnq

(05:08 pm) MarkB -: +16 mnq rev cc

(05:08 pm) AnneS -: +11 +41 dax sim off 100ext

(05:11 pm) KenS -: +11 +21 +21 mnq missed the 31 by that much

(05:15 pm) IvanM -: +4×2 mes

(05:25 pm) Nicki -: +5 x2 es  off the PP

(05:25 pm) GaryW -: +4 es sim rev

(05:28 pm) Michael (MJ): +20 +30 +50 dax sim

(05:43 pm) GaryW -: +2 es rev off YA

(05:45 pm) IvanM -: -6 mes

(05:47 pm) JimB -: +4 es sim Rev off PP

(05:48 pm) Nick W -:   +8x8s +8×2 nq all good

(05:58 pm) GaryW -: +4 es sim rev off PP

(06:04 pm) JohnM -: +4×2 es off open

(06:05 pm) Nicki -: +5 x2 es  rev off the open

(06:05 pm) IvanM -: +4×2 mes

 

Wednesday  19 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(05:05 pm) RemieW -: Loss -20 dax delta at 12830

(05:09 pm) AnneS -: yes +11 +1 +11 +30 dax sim all done thanks

(05:10 pm) Nicki -: +5 x2 es  off the gap

(05:10 pm) JohnM -: +4×2 es

(05:11 pm) Nicki -: +4 x2 es  off 15min 133 + cc

(05:12 pm) GaryW -: +4 es sim

(05:21 pm) Cam D -: +10 nq eff

(05:21 pm) RemieW -: +10X10 dax delta at 12851 fdax

(05:22 pm) AndrewO -: +12 nq sim

(05:22 pm) BruceT -: +10 nq sim

(05:24 pm) KenS -: +11 +21 +20 mnq

(05:31 pm) AshtonS -: +15×2 nq delta . thanks fred kpi done

(05:31 pm) RemieW -: +10X10 dax delta at 12877

(05:31 pm) BruceT -: +10 nq sim ec

(05:32 pm) RemieW -: +10×10 dax delta at 12897

(05:34 pm) ErolA -: +10 nq delta sim

(05:43 pm) ColinC -: +10 nq

(05:43 pm) ToddR -: +10 nq

(05:44 pm) KoziK -: +8×2 +2×2 mnq

(05:44 pm) BruceT -: +10 nq sim

(05:44 pm) ErolA -: +10 nq delta sim

(05:44 pm) Cam D -: +10 nq delta

(05:45 pm) RogerW -: +10 dax

(05:45 pm) AndrewO -: +11 nq sim

(05:45 pm) PeterD -: +10 dax sim

(05:46 pm) MarkB -: +16 mnq eff

(05:50 pm) ToddR -: + 10 nq delta

(05:52 pm) GaryW -: +11×2 +1 mnq

(05:54 pm) HectorM -: +12 nq

(05:54 pm) KoziK -: +8×2 +10×3 mnq

(05:54 pm) ColinC -: +10 nq

(05:54 pm) PeterD -: +10 nq sim

(05:54 pm) DarrynB -: +10 nq eff

(05:54 pm) DarrynB -: +4 es eff

(05:55 pm) RemieW -: +10X10 dax delta at 12912

(05:55 pm) stephenc -: +11 +21 nq sim delta

(05:55 pm) stephenc -: +11 nq sim

(05:56 pm) JohnS -: +10 dax TH

(06:00 pm) JohnS -: +10 dax 12895

(06:17 pm) IvanM -: +4×2 mes

(06:26 pm) GaryW -: +4 es sim ec

(06:26 pm) DarrynB -: +3 es eff

 

 Thursday 20 August 2020

 

(04:58 pm) RemieW -: +10X10 dax delta at  12844.5

(05:00 pm) RemieW -: +10×10 dax delta at 12837

(05:04 pm) Nicki -: +5 x2 es  off the 76

(05:06 pm) AnneS -: +11 +41 dax sim off open

(05:11 pm) AnneS -: +11 +41 dax sim off 50% thanks Fred, I’m going to walk the dogs

(05:17 pm) Nicki -: +5 x2 es  off 15m cc

(05:19 pm) JohnM -: +4×2 es off 50

(05:22 pm) ErolA -: +10 nq delta sim

(05:22 pm) Nikolay -: +10 +20 mnq

(05:23 pm) VadimS -: +11+20 mnq sim

(05:23 pm) stephenc -: +11 nq sim delta

(05:39 pm) KoziK -: +10 x 4 +16 mnq

(05:39 pm) Cam D -: +10 nq

(05:39 pm) HeatherT -: +10 nq

(05:40 pm) johnw -: +5 mes delta

(05:40 pm) KenS -: +10×2 mnq delta

(05:41 pm) JimB -: +4 es sim rev

(05:53 pm) RobertM -: +21×2 mnq

(05:57 pm) KenS -: +10×2 nq rev off yl

(06:07 pm) Michael (MJ): +20 dax sim

(06:08 pm) stephenc -: +11 nq sim reversal

(06:13 pm) ErolA -: +10 nq delta sim against mdi

(06:13 pm) Michael (MJ): +20 dax sim

(06:16 pm) RobertM -: +21 mnq sim short

(06:17 pm) MaryO -: +10 nq delta sim

(06:17 pm) AshtonS -: +14×2 nq delta.

(06:25 pm) MaryO -: +10 nq delta Sim

(06:25 pm) KenS -:  +10×2 mnq delta

(06:25 pm) Michael (MJ): +20 +30 +40 dax sim

(06:26 pm) AshtonS -: +15×2 nq delta

 

Friday 21 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(05:00 pm) RogerW -: +10 dax

(05:05 pm) SholtoB -: Great day of trading. 6 successful NQ trades all delta after an efficient CORPC candle. Total of +50 nq.

(05:06 pm) DarrynB -: +3 nq eff

(05:06 pm) GaryW -: +4 es sim

(05:07 pm) AnneS -: +11 +28 +11 +1  dax sim

(05:09 pm) MaryO -: +10 nq delta sim

(05:10 pm) ErolA -: +10 es delta sim

(05:10 pm) AshtonS -: +15×2 nq delta step break

(05:10 pm) HeatherT -: +21 nq delta

(05:10 pm) ErolA -: +4 es delta sim sorry

(05:10 pm) KenS -: +11 +21 +31 mnq delta

(05:10 pm) AshleyB -: +10 nq delta @ 11492

(05:11 pm) stephenc -: +11 nq sim delta 11493.00

(05:12 pm) AnneT -: +8 nq delta sim

(05:12 pm) PeterD -: +10 nq delta sim

(05:14 pm) MaryO -: +10 nq delta sim

(05:14 pm) ErolA -: +4 es delta sim

(05:15 pm) Cam D -: +50 nq delta

(05:18 pm) NevR -: +20 nq

(05:20 pm) MaryO -: +10 nq delta sim

(05:21 pm) stephenc -: +14 nq sim delta

(05:24 pm) GaryW -: +11×4 mnq rev off 133

(05:24 pm) Nicki -: +4 +8 es  off the 233 fe

(05:24 pm) ColinC -: +12 nq

(05:25 pm) AnneS -: +11 +1 +11 +30 dax sim 60min 76fib

(05:31 pm) Nicki -: +4 +8 es  off the gap

(05:32 pm) RemieW -: Boom   +50×10 dax rev delta thanks Fred

(05:33 pm) ColeA -: +10 +20 nq off gap

(05:35 pm) AnneT -: +8 nq rev

(05:36 pm) ColeA -: +10 +20 nq back to  gap

(05:36 pm) KenS -: +11 +21 +31 mnq off gap

(05:38 pm) RemieW -: +10X10 dax delta at 12868

(05:45 pm) Nicki -: +5 x2 es  off the gap

(05:46 pm) AnneT -: +11 x2 nq rev

(05:46 pm) JohnM -: +4×2 es off gap

(05:47 pm) RemieW -: +10X10 dax delta at 12873

(05:51 pm) RemieW -: +10X10 dax delta at 12878

(05:52 pm) Nicki -: +5 x2 es  off the open

(05:52 pm) GaryW -: +4 es rev off open

(05:56 pm) RemieW -: +10X10 dax delta at 12983

(05:59 pm) JohnM -: +4×2 es off open

(05:59 pm) Kelvin M -: +10 nq

(06:14 pm) JohnM -: +4×2 ES off 76

 

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

 

Lachlan Elsworth – IDTA Lead Moderator.

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.