Emini Methods- Trading Breakouts

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Trading Breakouts

Since I discontinued George II for ES, this method will remain unavailable until I find enough time to adapt it for ER2.

Trading Breakouts expands the capabilities of George II by using it to better define breakout trades. It shows you how you can trade breakouts in a simple consistent framework.

The method employs three very basic indicators, none of which is an oscillator. They are used in three major breakout formations to precisely determine the trade entry, the way to protect your position with a stop-loss, and the way to exit it.

The core of the method is described on two pages. Two more pages contain the description of pictures that come with it. There are 14 of them altogether; 3 described in considerable detail (in folder 'Detail'), the remaining 11 (in folder 'Other') used as a further illustration of method application. A spreadsheet with the list of trades since August 2006 completes the whole package.

This is a very precise, rule based method and as such it leaves virtually no room for guesswork. It is as objective as pattern based methods can be and since it is highly selective, you can expect only several trades a month, but these are usually good quality trades.

Starting in August, I will keep you updated about the results this method generates.

August-06: 4.5+6.0+0+0.75+0-1.25 pts = 10.0 pts (after small corrections)

September-06: -1.25 pts = -1.25 pts

October-06: 0.25 pts = 0.25 pts

The method also suggests an alternative entry that can be used when the regular breakout setup is not entirely valid or when the proper entry failed. For instance, in September there were three such situations and if exploited they would have given additional 7.5 pts, conservatively speaking. I treat such trades as bonus trades and don't list them here although they are as solid as the trades proper.

As of September 2006, everyone who owns this method is given access to pictures of and comments on the trades it generates that illustrate how the method works. They are posted in some other location.

Trading Breakouts is a free bonus to George II for ES.

Disclaimer: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

HOME My Emini Systems	Trading Breakouts *Since I discontinued George II for ES, this method will remain unavailable until I find enough time to adapt it for ER2.* Trading Breakouts expands the capabilities of George II by using it to better define breakout trades. It shows you how you can trade breakouts in a simple consistent framework. The method employs three very basic indicators, none of which is an oscillator. They are used in three major breakout formations to precisely determine the trade entry, the way to protect your position with a stop-loss, and the way to exit it. The core of the method is described on two pages. Two more pages contain the description of pictures that come with it. There are 14 of them altogether; 3 described in considerable detail (in folder 'Detail'), the remaining 11 (in folder 'Other') used as a further illustration of method application. A spreadsheet with the list of trades since August 2006 completes the whole package. This is a very precise, rule based method and as such it leaves virtually no room for guesswork. It is as objective as pattern based methods can be and since it is highly selective, you can expect only several trades a month, but these are usually good quality trades. Starting in August, I will keep you updated about the results this method generates. August-06: 4.5+6.0+0+0.75+0-1.25 pts = 10.0 pts (after small corrections) September-06: -1.25 pts = -1.25 pts October-06: 0.25 pts = 0.25 pts The method also suggests an alternative entry that can be used when the regular breakout setup is not entirely valid or when the proper entry failed. For instance, in September there were three such situations and if exploited they would have given additional 7.5 pts, conservatively speaking. I treat such trades as bonus trades and don't list them here although they are as solid as the trades proper. As of September 2006, everyone who owns this method is given access to pictures of and comments on the trades it generates that illustrate how the method works. They are posted in some other location. Trading Breakouts is a free bonus to George II for ES.
	Disclaimer: HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS UNLIKE AN ACTUAL PERFORMANCE RECORD. SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER OR OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.