Weekly Update – Week Ending 03/18/2016

See how I made $1238 in one day. Always remember folks, the market is gonna tell us what to do so we want to follow what it says.

This is Paul Wett with www.WettTraderLLC.com giving you the week ending 03/18 folks. Lot of great action this week, lots of great opportunities. I see that we’re trying to bang out the five bar high. Our overall objective obviously, let me see if I can get it here. This is double bottom on the weekly chart. One, two laterals here so I’m anticipating that it will possibly fill this gap up here. As we go, market is gonna tell us what to do so we want to follow whatever it says if our trend is buy. Listen folks, WettTraderLLC.com three T’s to trading. The Trend, the Trade, and the target, really easy.

Three T’s:
1. Trend
2. Trade
3. Target

So what you do is you determine the trend is for the day based on trend indicator and you find the trade based on our system and the you find the target based on where you want to cash in your chip folks. It’s how easy Wett Trader LLC is.

So let’s go on the some of the actions that we have this week. This was the 5 minute $1238 folks from 7:00 am in the market automatic! this is aumatic folks! $1238, 4 trades. What happens is, two bars again so now you can flatten here and there’s ways to maximize it but this is just an autotrade. It bought it back again here, two red bars, it gets out, as you can see it got out here, bought it again. Two red bars here, gets out, bought it again, and then here it probably get out here because two red bars it gets out right here to the next low. Okay? $1238, that was one day, that was Thursday. I know that this was the expiration of the merge contract so it’s a little choppy.

This was the 15 minute, this is a 488. I have this one running on what we called the, I got this thing running on the reversal. So what it does is it will end up buying when I’m thinking that there will be a five bar turn. See it bought here when the moving averages are below. So it sold on the trend, bought on the reversal and then you can uncheck trend and that thing will just keeps going on going and going. So this was a 488 and this was up to 317 profit.

This here was 03/17 on 15 minute, 3 trades at a 638. So this was in the morning too on the 17th (March). So the prior chart that you saw was before the 17th. This was in the morning because it was trading 24/7. So bought it here, I flattened it here, would probably get out here which is not much different than here. Still 638, 3 trades, that was Thursday.

The 20 minute as well on the 17th was 538. Now this was up to 17th, so this was Monday, Tuesday, Wednesday, this was Thursday then I reset it. This was the 15 minute plus another 400, this was Friday’s trade today. Lot of choppiness here, you see we’re doing a lot of selling here. So buy, sell, buy, buy. So that’s all based on those number folks. It’s all based on those numbers. 20 minute another plus 325, that’s just today folks! It’s from this morning! So try the FREE Demo www.WettTraderLLC.com

We’ll take a look at the next level. I’m thinking like I said 33 (2033.31) we can delete this number once we pass that number by 3 points. We look for the next resistance. We got this one, this one, this one, I told you that 40 (2040) was next. Like I said, I still think that we have a high probability. Listen if this is gonna give me a short term, high, come back and give me a better price. I got to pay attention on whatever the market is telling me. So stay tuned for www.WettTraderLLC.com try the free demo, thank you.

Thanks for watching!

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