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KING - Woodie's traders will love it! 

Woodie is a popular figure among emini day traders. Or at least he was several years ago when I was starting trading eminis. He made using CCI very popular. He and his traders introduced a few interesting ideas. I did not find his approach totally convincing. For instance, he advocated trading using only CCI and disregarding the price completely. That was a bit too radical for me. I don't think this is the best way to trade. KING uses both indicators and the price. Indicators are used pretty much the way they were meant to be used, that is to indicate good trading opportunities. But only when combined with price action, you get the right approach.

I am now working on a new KING document to be released to KING owners this October (2009). It will discuss a trade that every Woodie trader would easily recognize. But there is quite a difference between the way Woodie's crowd analyzes this trade and the way the KING methodology does. Using KING indicators you are able to see exactly what's going on, you get a much better, more microscopic analysis of the trading situation. You also should be able to tell, whether the trade is going to be a whopper of 20-30 pts or can only deliver 5-10 pts. 

The following two pictures show two neat whoppers. They happen from time to time and can be quite profitable. More, of course, in the new KING document dedicated to this kind of trades to be sent out to all who own KING by the end of this month.


Fig 1.

Fig 2.

Let me remind you that KING is a continued education type of project, so documents like the one I am just working on are to be expected at least once a month on average. This October, KING students will receive at least 4 new documents. At no extra charge. If you think that many other vendors provide the same type of service, you may want to think again.

 

 

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.

Copyright Waldemar Puszkarz © 2005-2009.