Reader Jeff also requested to see our ultra-simple example system on United States Oil Fund LP (AMEX: USO). Three trades, for net +$2.35 per share.
Thanks for the suggestions, Jeff! I’m enjoying pulling up the charts you all select. If you aren’t aware, I’m trying to show how just a couple eotpro elite series indicators can make a profitable system that works on stocks. I’m not cherry-picking trades… I show the whole day’s action. I’m not using convoluted rules… just enter after a pullback to the averages, when the volume pressure and paintbars agree. Exit when the volume pressure subsides, or if we push past the averages and the previous price swing. I hope you all find this as interesting as I do.
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Hell Yes.
E.
Richard – Have you made any ventures into FOREX trading with the EOTPro+Elite toolset?
Good Hunting Today!
E.
Hi, I’ve been following all the articles related to Eotpro. Since you are experimenting using it with stocks, do you not get to use the indictors like on this page http://eotpro.com/es_june_7.jpg or you just decided to use a few of them?
Richard – In other news #1 Hope your short week is going ‘teh awesome’.
#2 Any chance to use these methods on Gold for a day?
#3 Good Hunting!
E.
John W: Yeah, the indicators all work on stocks… I’m just trying to show something super-simple to understand and pretty mechanical. It’s for demonstration purposes.
Eric: GOLD is posted now. It did well! Nah, I’m not interested in forex for the most part.