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I decided to separate this section from the section of George II to emphasize additional aspects of this system better.

Since George II is a purely mechanical system and a very simple one on top of that, from time to time there will arise circumstances that it will not be able to handle, leaving a lot of dough on the table. To avoid this, one is persuaded to use discretionary means.

One of such cases concerns a situation in which the market crosses the entry point before the daily session open and never returns to it during the first 90 minutes of trading. A good way to handle a situation like that is by trading the 11:00 AM range breakout with a small stop-loss of 2 pts for ER2 and 3 pts for ES. Applying this idea to the ER market on June 2nd, would have resulted in a 16.2 pt profit in ER2, a cool $1600 per contract in a single trade! On April 18th, that very same approach would have given 12.9 pt for ER2 and 13 pts for ES. It's important that before the 11:00 AM range breakout, the market really forms a range, even small, so that the breakout takes place out of congestion. Breakouts like that tend to be more successful. Sometimes, the market can move far away from the entry price during the first hour of trading. If it moves also outside the previous day range, the breakout of the 10:30 AM range can be successful. This, for instance, was the case for ES on February 28th, but the ER2 breakout of April 18th could, in fact, have also been treated in the similar way as the said breakout in ES.

Situations like that do not happen very often and consequently their statistical sample is quite limited. Because of that, this way of handling them have not been incorporated into the system proper. Yet, it is by all means possible to do this using discretion.

Yet another good setup is suggested by the system when the system itself does not allow a trade because the numbers it uses are too close to each other. This may mean a potentially unstable situation that can be resolved by a breakout later in the day, after 11:30 AM EST or, even better, after the noon. For instance, a situation like that took place on March 3rd, 2006. Trading it would have given you 2, 4 or even 6 pts with a 2 pt initial stop-loss and trailing your stop in some intelligent way. Since situations like that can be unstable protecting your profits by trailing the stop makes a lot of sense.

There is still more, though. You can extend this idea to trade breakouts towards the reversal line, in general. The complete trading method is presented in Trading Breakouts, a free bonus that comes with George II, and so I will not discuss it here. Let me only mention that breakouts like that occur a few times a month and they tend to be very successful.

Finally, probably the most important thing this system offers is a bigger picture.

One of the reasons why so many people do not succeed at trading is because they lack such a picture. Trading is essentially the art of stalking the market. You don't need any sophisticated indicators to succeed at that, but you definitely need a sound clever framework or a guide of sorts. This system provides such a framework, it provides a way to position oneself better to stalk the market by using, among others, the setups I just described. It is one of a few good guides that I use for my own trading.

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 George II Data for George II FAQ for George II A Brief History Order George II	More on George II I decided to separate this section from the section of George II* to emphasize additional aspects of this system better.* Since George II is a purely mechanical system and a very simple one on top of that, from time to time there will arise circumstances that it will not be able to handle, leaving a lot of dough on the table. To avoid this, one is persuaded to use discretionary means. One of such cases concerns a situation in which the market crosses the entry point before the daily session open and never returns to it during the first 90 minutes of trading. A good way to handle a situation like that is by trading the 11:00 AM range breakout with a small stop-loss of 2 pts for ER2 and 3 pts for ES. Applying this idea to the ER market on June 2nd, would have resulted in a 16.2 pt profit in ER2, a cool $1600 per contract in a single trade! On April 18th, that very same approach would have given 12.9 pt for ER2 and 13 pts for ES. It's important that before the 11:00 AM range breakout, the market really forms a range, even small, so that the breakout takes place out of congestion. Breakouts like that tend to be more successful. Sometimes, the market can move far away from the entry price during the first hour of trading. If it moves also outside the previous day range, the breakout of the 10:30 AM range can be successful. This, for instance, was the case for ES on February 28th, but the ER2 breakout of April 18th could, in fact, have also been treated in the similar way as the said breakout in ES. Situations like that do not happen very often and consequently their statistical sample is quite limited. Because of that, this way of handling them have not been incorporated into the system proper. Yet, it is by all means possible to do this using discretion. Yet another good setup is suggested by the system when the system itself does not allow a trade because the numbers it uses are too close to each other. This may mean a potentially unstable situation that can be resolved by a breakout later in the day, after 11:30 AM EST or, even better, after the noon. For instance, a situation like that took place on March 3rd, 2006. Trading it would have given you 2, 4 or even 6 pts with a 2 pt initial stop-loss and trailing your stop in some intelligent way. Since situations like that can be unstable protecting your profits by trailing the stop makes a lot of sense. There is still more, though. You can extend this idea to trade breakouts towards the reversal line, in general. The complete trading method is presented in Trading Breakouts, a free bonus that comes with George II, and so I will not discuss it here. Let me only mention that breakouts like that occur a few times a month and they tend to be very successful. Finally, probably the most important thing this system offers is a bigger picture. One of the reasons why so many people do not succeed at trading is because they lack such a picture. Trading is essentially the art of stalking the market. You don't need any sophisticated indicators to succeed at that, but you definitely need a sound clever framework or a guide of sorts. This system provides such a framework, it provides a way to position oneself better to stalk the market by using, among others, the setups I just described. It is one of a few good guides that I use for my own trading.
	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.