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Trade with Emotion Lines

We are at RHB KL over the weekend.


Here are some pictures that I have captured during the RHB-KL Seminar (using my iPhone).

Trading as a source of income

Do you have that "Passion" in trading?

Emotion Lines

Since we are still fresh on this topic (KL audience), let me just shared the emotion lines which Tom has covered on the first part of his seminar using today's 6A (AUSUSD futures), CL (Crude oil futures) and ES (E-mini S&P) as example.

6A (AUDUSD)

6A -- from fear to greed in the morning. Can you spot the candlesticks when market turn to greed mode?

CL -- Crude oil

For CL, it has been on greedy mode since market open. We have also covered in the seminar, how you can take profit using PAPLines. [From the initial "hammer" to PAPLines-R2, that is 66 tics profit.]

ES (S&P)

For ES (S&P), fear on the opening, follow by greed.


You can plant this emotion lines onto your chart for the contract that you are currently trading and start practicing.


Happy trading.


JG

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RISK DISCLOSURE STATEMENT:

Futures Trading is speculative and is not suitable for all investors. The risk of loss in trading can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. This brief statement cannot disclose all the risks and other significant aspects of the Futures markets. You should therefore carefully study Futures Trading before you trade. Information and trading tools provided in and through this website are for general information purposes only. All investments involve risk, including potential loss of principal. Clients must consider all relevant risk factors, including their own personal financial situation before trading. 

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