The FDAX produced 5 great trades in a row during the Euro Open 10 May 2022. The US markets basically fell asleep for the session, however Europe shined!
The EURO Open session Tuesday 10 May was a Euro centric session as the US markets were waiting for news. That said, we had a great session as per the chat log below.
Member comment of the day
The comment of the day goes to NathanE.
15:58:06 From MarkieB to Everyone: +6 +12 dax reversal @ 13580
This particular trade had 10 Points at risk, that being $400 AUD per contract traded. The result was a total of 18 Points (at $40.00 AUD per point) = $720.00 AUD.
The trade duration was under 7 minutes with a risk reduction to zero after only 3 minutes. The trade referred to is the most right-hand ‘SBC’ in the image below.
To Nathan’s credit, he is a very disciplined FDAX Trader with many hundreds of trades under his belt.
Well done Nathan on another great trade and another great session
Screenshot of the day
5 Reversal Trades and 5 Potential Wins for the Advanced Traders in the Live Trading Room – 10 May 2022
Tuesday 12 April 2022 Member Chat Log
For the purpose of 100% complete transparency, both good and bad, here is the Member Posted Chat Log:
14:32:52 From Carlo MatteoP to Everyone: Good afternoon Lachy! Have an amazing session today!
14:34:06 From BrentT to Everyone: hi all.
14:36:53 From ShirleyH to Everyone: Hi everyone
14:43:44 From IDTA Moderator to Everyone: Hello all!
14:47:26 From RodJ to Everyone: Afternoon All
14:47:53 From Carlo MatteoP to Everyone: Good afternoon / evening traders!
14:48:05 From AllanS to Everyone: afternoon everyone
14:48:10 From DavidR to Everyone: Hi all :)
14:48:43 From MartinV to Everyone: Hi
14:49:26 From WouterW to Everyone: Morning everyone
14:50:30 From MilanK to Everyone: Hi everyone
14:50:53 From DavidR to Everyone: now that we’ve reached the 100% 4h ext, I wonder if that means we’ll go short or not
14:51:14 From DavidR to Everyone: on NQ & ES that is
14:52:49 From AndrewH to Everyone: Hi All
14:54:24 From MaurizioB to Everyone: Hi all
14:54:34 From Simona to Everyone: aha, ok :)
14:55:30 From DavidR to Everyone: 48
14:56:25 From MarkW to Everyone: Hello all
14:56:46 From WadeS to Everyone: Hi Lachy & traders
14:56:59 From Carlo MatteoP to Everyone: Hello Wade!
14:57:33 From GregS to Everyone: Hi Lachy Hi All
14:57:37 From WadeS to Everyone: Hey Carlo
14:57:52 From AndrewF to Everyone: Hey Lachy, traders!
14:59:26 From Jennifer R to Everyone: hi everone happy trading
15:00:12 From MarkW to Everyone: Hey Lachy
15:03:43 From Carlo MatteoP to Everyone: +10 +5 FDAX Sim Short
15:04:38 From BrentT to Everyone: +33 mnq
15:05:28 From RichardB to Everyone: hi lachy and all
15:10:40 From JohnM to Everyone: +4+8 es
15:10:41 From KerryM to Everyone: mes ecorpc +4 x 2
15:10:53 From BruceG to Everyone: +20 MES. I am done thanks Lachy.
15:11:50 From ScottP to Everyone: +20 nq sim
15:12:01 From Jennifer R to Everyone: +40 x2 mnq
15:12:15 From SavvasK to Everyone: +20 +40 MNQ sim
15:13:19 From AndrewH to Everyone: +4 es off pp and 76 fib
15:13:29 From Carlo MatteoP to Everyone: 2x +5 FDAX Long – Rev off 1h 50%
15:13:39 From KevinT to Everyone: First trade ever on MNQ sim + 24
15:14:15 From BruceG to Everyone: Nice on KevinT
15:14:30 From BrentT to Everyone: Kevin 💥
15:14:32 From DavidR to Everyone: good work Kevin
15:16:07 From DavidR to Everyone: FDXS +5 X3
15:16:42 From KerryM to Everyone: mes sbr +4 x 2
15:17:30 From DarylB to Everyone: hi Lauchy where do we find the weekly coaching ,is it in the ltr and coaching room
15:17:36 From Carlo MatteoP to Everyone: +20 +19 FDAX Sim Long – Rev off 50% of the day
15:18:12 From DavidR to Everyone: great trade Carlo
15:18:47 From Manda P to Everyone: yep, same page as where you access trading rooms
15:19:02 From DavidR to Everyone: logon, go to LTR & Coaching
15:19:04 From DavidR to Everyone: top right corner
15:19:12 From RodJ to Everyone: Monday night coaching box
15:19:28 From KevinT to Everyone: The coaching is under subscriptions
15:19:29 From Carlo MatteoP to Everyone: Alright, done for the day. Lachy, thank you. I will se you later in the Advanced Coaching. Good evening/night traders! See you tomorrow!
15:19:39 From BruceG to Everyone: +21 DFR pivot MES SIM
15:24:56 From DanW to Everyone: Swing Trigger for large targets?
15:26:53 From RodJ to Everyone: Thanks Lachy Targets Met Enjoy all
15:27:25 From GregS to Everyone: +10×10 eft cl(oil)
15:27:53 From BrentT to Everyone: lol
15:28:56 From DavidR to Everyone: I closed out ES earlier because I didn’t trust it
15:29:12 From DavidR to Everyone: MES -3 X3
15:29:40 From DavidR to Everyone: it wouldn’t go past TH
15:30:36 From DavidR to Everyone: MES +3 X3
15:31:27 From DavidR to Everyone: the fact ES and NQ have been going long for so long
15:31:32 From DavidR to Everyone: I think that may be why it failed
15:34:58 From DavidR to Everyone: MNQ +15 X2
15:35:47 From KevinT to Everyone: Please explain move on nq.
15:36:12 From DavidR to Everyone: Kevin NQ had been on a 4 hour long
15:36:24 From DavidR to Everyone: looks like it’s taking a break from long
15:36:49 From KevinT to Everyone: Thanks David, need to look at longer charts
15:38:08 From DavidR to Everyone: Kevin, there’s some great videos on larger charts in the IDTA Library
15:38:18 From DavidR to Everyone: but you can also do Platinum
15:41:08 From KevinT to Everyone: Just completed accelerator and I don’t rush. Thank you so many good videos full of info.
15:41:10 From DavidR to Everyone: I always miss Fridays, so quiet is good.
15:44:59 From DavidR to Everyone: that certain parts of law enforcement and the courts push back
15:47:26 From BrentT to Everyone: mnq +37
15:47:35 From BrentT to Everyone: im out. thanks lachy
15:47:43 From MarkieB to Everyone: wd bt
15:49:20 From DanW to Everyone: yes
15:49:23 From MarkieB to Everyone: yes
15:49:35 From CraigC to Everyone: yes
15:52:32 From DanW to Everyone: Yes he did. He got so many ticks that there was none left for us….
15:52:38 From DavidR to Everyone: Lachy, did you see my WhatsApp about how to fix your color problem in word
15:53:06 From DavidR to Everyone: the red highlighting
15:53:16 From TraianC to Everyone: can you explain difference between SBR & SBC or is that for tonight
15:54:47 From KevinT to Everyone: Thanks to mark IDTA had issues with ninja. Fixed! feel like I’m starting journey tonight.
15:55:24 From DavidR to Everyone: :)
15:55:44 From AndrewH to Everyone: +11 +21 nq off pp
15:56:44 From DavidR to Everyone: cool
15:59:10 From AndrewH to Everyone: thanks Lachy see you tomorrow
15:59:54 From DarylB to Everyone: thanks lauchy up 215 t for the day mnq
16:00:48 From DarylB to Everyone: yep
16:00:50 From DanW to Everyone: Yes. Touched but did not pay yet….
16:00:53 From MarkieB to Everyone: wd db great stuff
16:01:13 From CraigC to Everyone: I pulled up before
16:01:55 From KevinT to Everyone: My 13 yr old just said I’d still be in no 2 buying candles I’d follow stop. I might as well give him my account.
16:02:23 From RichardB to Everyone: nq is into 50 of micro trend isint it
16:04:15 From DavidR to Everyone: look at nq on the 15m how it touched the pp
16:07:43 From KerryM to Everyone: mes sbr +4 x 2
16:08:11 From MarkieB to Everyone: +172 mnq 17.30 sbr 384.75
16:08:37 From ScottP to Everyone: +10 fdxm sim (based on 15min chart)
16:09:12 From KevinT to Everyone: I’m trying to make a one page overview of each trade type. Is this available on IDTA site.
16:09:21 From RogerW to Everyone: +4 Es
16:10:20 From KevinT to Everyone: Let me know that’s great. I’m a planner.
16:10:23 From AndrewF to Everyone: +11 +1 x 4 NQ 15M SBR Long
16:10:28 From AndrewF to Everyone: +31
16:12:17 From AndrewT to Everyone: yes
16:12:22 From DavidR to Everyone: I was too close to the cheeze
16:12:30 From DanW to Everyone: a lot of risk….
16:12:31 From PhillipC to Everyone: into mdi
16:12:42 From AndrewT to Everyone: took it at 12358
16:13:01 From DavidR to Everyone: I don’t know why I typed close…
16:13:04 From DanW to Everyone: and into the micro 50
16:13:06 From DavidR to Everyone: SLOW
16:14:30 From MaurizioB to Everyone: Thanks Lachie
16:14:36 From AndrewF to Everyone: Thx Lachy – taking my ticks to the bank. Might be back online later with Jonny. Night all!
16:14:57 From KerryM to Everyone: sbr on ES?
16:15:09 From AndrewF to Everyone: Fair enough!
16:15:40 From MarkieB to Everyone: is there any trading difference between sbr/sbc
16:16:07 From MarkieB to Everyone: but results
16:19:44 From KevinT to Everyone: Stupid risk I just have good lesson.
16:20:37 From WadeS to Everyone: +20 x 3 MNQ
16:20:51 From KevinT to Everyone: I’m sticking to mnq as when live that’s what I’ll be trading to start. Should I look over more markets?
16:22:56 From NathanE to Everyone: +6 +12 dax reversal @ 13580
16:22:57 From WouterW to Everyone: Lachy pls explain the trade you took
16:23:14 From WouterW to Everyone: y
16:24:15 From PetrosM to Everyone: Great day Lachy got the FDAX 5 tick trade too
16:24:21 From PetrosM to Everyone: Good night
16:24:34 From PetrosM to Everyone: Yes did 1st session today
16:24:40 From WouterW to Everyone: My concern was it close over 76
16:25:10 From WouterW to Everyone: 1st eff candle
16:28:13 From AllanS to Everyone: thks lachy
16:28:49 From MilanK to Everyone: thanks Lachy
16:29:49 From CraigC to Everyone: Thanks Lachy
16:29:59 From WadeS to Everyone: Thanks Lachy
16:30:04 From VaughanC to Everyone: wheres those volumes LACHY?
16:30:08 From RichardB to Everyone: thank you lachy
16:30:27 From Stephen CookC to Everyone: thanks lachy
16:31:27 From KevinT to Everyone: Thanks lachy
16:31:57 From DavidR to Everyone: take care
