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URUP Program Trades
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URUP Program Trades
DayRaider 1.1 URUP trades will be posted in this thread. Subscribers know the trading rules for the One Minute Methodology, so charts regarding that are not needed (see the separate thread for One Minute Methodology charts).
URUP trades follow a DRUP occurrence. The DRUP retraces a One Minute Methodology stop. If you are trading the Globex, then the Globex low would be the relevant stop. Look for a RHS in a weak market or DB in a strong market. The URUP ** MUST ** create a HH, if not, traders look for DOWN and subsequent RDOWN trades. DayRaider 1.1 will display a "autosell".
Charts displaying different types of reversals will be displayed below.
DayTrader
URUP trades follow a DRUP occurrence. The DRUP retraces a One Minute Methodology stop. If you are trading the Globex, then the Globex low would be the relevant stop. Look for a RHS in a weak market or DB in a strong market. The URUP ** MUST ** create a HH, if not, traders look for DOWN and subsequent RDOWN trades. DayRaider 1.1 will display a "autosell".
Charts displaying different types of reversals will be displayed below.
DayTrader
URUP completes RR - DOWN occurs
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Click image to view full size; all times Chicago
What's the purpose of a URUP? To complete a RR. After that, all bets are off for it to keep going up. Notice the Dow Behaviors - Exit your Long at the High (RR) and take the Short position after the "autosell"; within minutes of the Dow Equities open, you're up triple digits in points.
DayTrader
Click image to view full size; all times Chicago
What's the purpose of a URUP? To complete a RR. After that, all bets are off for it to keep going up. Notice the Dow Behaviors - Exit your Long at the High (RR) and take the Short position after the "autosell"; within minutes of the Dow Equities open, you're up triple digits in points.
DayTrader
Unless a URUP creates a HH, you aggressively short / 100+ pts per contract in minutes
URUP completes RR, DOWN creates LL, RDOWN creates LL near Trend line; legal buy formation and 2 Dow Behaviors present (time & price); close out your RDOWN short, enter long above trend - this is creating a new URUP...unless this URUP creates a HH, sellers control the market until the next set of Dow Behaviors.
The "autosell" occurs at 10:40; you enter at the market with a ten tick stop because the market is plunging lower...You net 90 points or more in 4 minutes....see the second slide in this post. As the market enters MAX OS at 10:45 you close out your first short , netting 90+ points and expect the market go much lower...
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Second slide showing DOWN netting about 100 points in 5 minutes
https://i.servimg.com/u/f70/12/90/27/40/urup_c10.png[/img][/url][/url]][/url][/url]
The "autosell" occurs at 10:40; you enter at the market with a ten tick stop because the market is plunging lower...You net 90 points or more in 4 minutes....see the second slide in this post. As the market enters MAX OS at 10:45 you close out your first short , netting 90+ points and expect the market go much lower...
[url=[/url]]
Second slide showing DOWN netting about 100 points in 5 minutes
https://i.servimg.com/u/f70/12/90/27/40/urup_c10.png[/img][/url][/url]][/url][/url]
Similar topics
» DOWN program trades
» DRUP Program Trades
» RDOWN program trades
» What Are You Doing Between Trades?
» Globex Cycles & the Trades You Should Take Advantage Of
» DRUP Program Trades
» RDOWN program trades
» What Are You Doing Between Trades?
» Globex Cycles & the Trades You Should Take Advantage Of
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