Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2009 by Patrick Mikula All Rights Reserved
Here is another chart for the mini Dow contract symbol YM. This is a 5 minute chart. On this chart I have applied the MarketWarrior stop and reverse indicator based on the Bollinger Bands. I have labeled the main trading session with the words “Start” and “End”. We have taken note of the trades inside the main trading session. The stop and reverse method will keep a trader in the market all the time. On a five minute chart, there will be only 5 to 7 trades each day.
mini Dow YM
The trade listings below show the trades from the chart above. There were 7 trades on June 30 in the mini Dow market. The trades resulted in 83.255 points of profit. The minimum tick in this market is 1 and it is worth $5. This results in a profit which is worth $416.28. These are theoretical prices. The actual prices you will get in your trades depends on how you enter the trades with your broker.
mini Dow YM results
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