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The Markets have a long way to fall, sure, but they are not falling!!!

The Markets have a long way to fall, sure, but they are not falling!!!

Another week, another DOOMS DAY Spruiker selling a Crash Course (If you do not mind the pun?)!

 

The COVID-19 situation has allowed even the worst of the doomsday spruikers to get some traction. Having spoken globally, for over 14 years, on economic cycle and how to trade it very well, may I suggest I have seen these speakers and the doom and gloom messages all before. May I also suggest that we can trade the markets both up and down so it does not matter if we have a correction tomorrow?

 

What fascinates me is that these spruikers continue to sell on Hype and Fear, without actually giving you the exact formula you need to recession proof yourself. To the contrary, I call exact entry and exit points on trades, both up and down, every night of the week. No Hype, no Fear, just trade opportunities called live in the market for global traders like you to copy and take advantage of.

 

Question? How long do we have to wait for the next financial correction. One Month? Two months? One Year? What happens if we do not get a correction? What happens when Trump gets re-elected and there is no correction? Oh dear, we night have missed that in our doomsday forecasts.      

 

There is no golden bullet to recession proof your business or yourselves, other than common sense and great strategy that allows you to trade the markets both up and down. The chat log below is testament to our freedom to do this on a daily basis as our short range strategies allow. To me there is no better tool to recession proof yourself, regardless of the doomsday forecasts circling. Well done traders on another great trading week!!! ** Lachlan Elsworth.

Here is our Live Trading Room chat log 10 – 14 August 2020 for the Post Euro Lunch Session (9 p.m. Sydney Time).

 

The following text grab is straight out of the Live Trading Room for the Post Euro Lunch Move 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 Post Euro Lunch Move with Lachy, assisted by Greg !!!

 

Monday 10 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:03 pm) MarkB -: +10 mnq cc rev

(09:03 pm) GaryW -: +8×4 mnq cc rev

(09:05 pm) ScottP -: +11 +21 +31 mnq sim CR

(09:58 pm) DomenicoR -: +11 nq 11128 delta

(10:09 pm) ColeA -: +2 +2 nq

(10:09 pm) JeanetteB -: +4 nq sim

(10:09 pm) VadimS -: +2+2 mnq sim

(10:10 pm) KurtB -: +2 x2 nq

(10:10 pm) VincentD -:  -1×2 nq PT8E slippage :p

(10:10 pm) KenS -: +11 +21 +16 mnq dorpec

(10:10 pm) GaryW -: Thanks Lachy. +85 mnq for the two sessions so happy to get out ahead.

(10:11 pm) HectorM -:  +2×4 mnq

(10:44 pm) ColeA -: +10 +2 nq on that trade corpc entry  11130.75

 

Tuesday 11 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:03 pm) MaryO -: +20 nq asia open

(09:03 pm) ErolA -: +10 nq delta sim

(09:10 pm) james -: +11 nq sim Eff

(09:10 pm) VincentD -:  +10×2 nq

(09:10 pm) SholtoB -: +15 nq live delta

(09:11 pm) HeatherT -: +11 nq sim delta

(09:11 pm) Cam D -:  +15 nq delta

(09:11 pm) KenS -: +11 +16 +31 mnq dorpec

(09:11 pm) MaryO -: +20 nq delta

(09:11 pm) ErolA -: +10 nq delta sim

(09:12 pm) DarrynB -: +10 nq delta

(09:15 pm) GaryW -: +10×4 mnq cc rev

(09:16 pm) Cam D -: +10 nq cr

(09:36 pm) MaryO -: +10 nq delta

(09:37 pm) JeffM -:  +11 nq delta sim

(09:37 pm) JeanetteB -: +10 nq delta sim

(09:41 pm) SholtoB -: +32 nq live

(09:41 pm) KurtB -: +20 x2 nq

(09:41 pm) HectorM -: +20×4 mnq

(09:42 pm) DarrynB -: +10 nq delta

(09:42 pm) FrankK -: +10 nq

(09:42 pm) VadimS -: +10×2 mnq sim

(09:42 pm) MandaP -: +11 nq sim

(09:42 pm) JeffM -: +11 nq sim

(09:43 pm) Greg : +4×12 es

(09:43 pm) RobertM -: +21 mnq sim short

(09:44 pm) ReneeT -: +10 nq sim thx

(09:46 pm) MaryO -: Thanks Lachy, +30 nq tonight, I’m out

(10:01 pm) JeffW -: +11+15 nq rev  done targets done thx lachy night all

 

Wednesday 12 August 2020 – Learn to Trade Live Trading Room Text Grab   Wed      12   Aug

 

(09:13 pm) DaniM -: +8×4 mnq momentum body entry

(09:14 pm) MarkB -: +10 mnq rev cc

(09:22 pm) DarrynB -: +4 es delta

(09:24 pm) ReneeT -: +10 nq thx Lachy

(09:25 pm) Cam D -: +10 nq delta on eff +10 nq delta outside eff

(09:25 pm) VincentD -:  +4 +7 es

(09:26 pm) KenS -: +10x 3 mnq delta

(09:26 pm) LiamS -: +11 X4 nq

(09:26 pm) FrankK -: +4 es  +10 nq    Delta Dollars

(09:27 pm) KurtB -: +2 x2 nq

(09:32 pm) JeanetteB -: +10 nq sim

(09:32 pm) KenS -: +10×3 mnq

(09:32 pm) KurtB -: +10 x2 nq

(09:32 pm) ColeA -: +10 +2 nq

(09:34 pm) HeatherT -: +11 nq sim

(09:34 pm) JuanM -: +8 mnq live

(09:34 pm) FrankK -: +8 nq

(09:34 pm) HectorM -: +19 mnq

(09:35 pm) Lachy : Akito +10 nq live

(09:35 pm) Cam D -: +10 nq

(09:37 pm) JeffM -: +10 nq sim

(09:57 pm) Cam D -: +10 nq

(09:58 pm) GaryW -: +10 nq sim rev off PP

(09:58 pm) JeffW -: +11×2 nq rev off PP target done night all

(10:02 pm) KenS -: +11 +21 +31 mnq rev off pp

(10:16 pm) GaryW -: +10 nq sim rev PP

(10:17 pm) Tommi -: +20 nq rev pp

(10:20 pm) ColeA -: +10 +40 nq off pp

(10:34 pm) GaryW -: +10 nq sim cc rev

(10:42 pm) ColeA -: +10 +20 nq and +10 +2 nq for the day. done for the day.

(10:47 pm) KurtB -: +20 x2 nq thanks Lachy and Greg +42 x2 nq tonight yeeeew

(10:47 pm) KenS -: +10 +2 +20 mnq

(10:49 pm) DomenicoR -: +11 nq thanks greg

(10:49 pm) FrankK -: +10 nq

(10:49 pm) HeatherT -: +21 nq

(10:50 pm) DarrynB -: +10 nq. much thanks Greg and Lachy. Done for the night. Great calling.

(10:51 pm) HectorM -: +25 mnq

 

Thursday 13 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:00 pm) MarkB -: +20 mnq rev cc

(09:01 pm) JeanetteB -: +10 nq sim

(09:01 pm) DanW -: +10 nq sim

(09:08 pm) Tommi -: +10 nq

(09:09 pm) DanW -: +10 nq sim

(09:09 pm) MandaP -: +9 nq sim

(09:10 pm) RemieW -: +10X10 dax delta at 13030

(09:16 pm) VadimS -: +11+2 mnq sim

(09:16 pm) SholtoB -: +11 nq live

(09:16 pm) HectorM -: +21 mnq

(09:34 pm) Greg : +4×8 +1×4 es

(09:51 pm) RemieW -: +10X10 dax delta at 13022

(10:00 pm) BarryR -: Finally + 4 mnq

(10:07 pm) Tommi -: +15 nq

(10:07 pm) HectorM -: +20 mnq

(10:07 pm) KenS -: +11 +21 +31 mnq your call

(10:07 pm) DarrynB -: +10 nq – nice call

(10:07 pm) JeanetteB -: Thanks Lachy +10 nq sim night

(10:07 pm) VadimS -: +11×2 mnq sim

(10:07 pm) FrankK -: +12 nq   great call, Lachy !

(10:07 pm) MandaP -: +10 nq sim – thanks

(10:07 pm) Kelvin M -: +10 +20 mnq

(10:07 pm) PeterK -: +11×5 mnq

(10:08 pm) JuanM -: +10×2 mnq live

(10:10 pm) DomenicoR -: +11 nq last trade, +11 nq this candle – done. thanks very much lachy

(10:11 pm) LiamS -: +11×4 nq delta

(10:11 pm) SholtoB -: +10×4 +20×2 mnq

(10:11 pm) JeffW -: targets done thx lachy +23x2nq

(10:11 pm) Kelvin M -: +10 +20 mnq

(10:13 pm) SholtoB -: Tick target reached. Thanks again. Wonderful moderating.

(10:14 pm) BarryR -: + 4 es bias ec

(10:18 pm) RemieW -: +10X10 dax delta at 13015

(10:20 pm) ColeA -: +10 +27 mnq

(10:22 pm) RemieW -: +10X10 dax delta at 13002

(10:23 pm) Greg : +10 dax sim with you Remie

(10:28 pm) RemieW -: +10X10 dax delta at 12995

(10:33 pm) RemieW -: +10X10 dax delta at 13013

(10:39 pm) Kelvin M -: +10 +20 +30 mnq

(10:40 pm) HectorM -: +40 mnq

(10:43 pm) PeterD -: thanks Lachy, +50 mnq tonight.

 

Friday 14 August 2020 – Learn to Trade Live Trading Room Text Grab

 

(09:03 pm) MarkB -: +10 mnq rev cc

(09:05 pm) GaryW -: +10 mnq rev open

(09:08 pm) Tommi -: +20 nq rev pp

(09:09 pm) KenS -: +25 mnq rev

(09:10 pm) Lachy : +4 es Akito live

(09:10 pm) JohnM -: +11 +21+31 nq sim off open

(09:21 pm) Greg : +4×8 +5×4 es

(09:22 pm) NavdeepR -: +10×2 nq sim delta

(09:22 pm) DanW -: +10×30 nq sim x 2 (last 2 Deltas)

(09:25 pm) BarryR -: + 8 es ec

(09:39 pm) johnw -: +4 mes  +6 mnq deltas

(09:40 pm) RemieW -: +10X10 dax delta at 12861

(09:47 pm) MarkB -: +20 mnq rev cc nq

(10:15 pm) Greg : BEx8 +1 x4 es Grrrrrrr

(10:16 pm) GaryW -: +4 es woo hoo 😀

(10:30 pm) HeatherT -: night all, early start in morning 4from 4 this arvo/ evening  / +54 nq live

(10:32 pm) RemieW -: +10X10 dax delta at 12881

(10:39 pm) KenS -: +11 +21 +31 mnq rev off76

(10:41 pm) GaryW -: +4 es sim rev off gap

(10:48 pm) JeffW -: thx Lachy target done +11 +18 nq

(10:49 pm) KurtB -: -20 x2 nq and a +20 x2 nq tonight frustrating night

(10:49 pm) KenS -: +11 +16 +2 mnq

(10:50 pm) HectorM -: +10 nq touch the +20 did not pay and stopped me at+10

(10:50 pm) BarryR -: +10  +10 nq sim

 

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

 

Lachlan Elsworth – 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.