Danielcode Futures & Forex | Trading & Training

EST: Fri 03:26

T.03 Signals Fri 6/09 - 3 signal(s)	T.03 Plus Signals Fri 6/09 - 10 signal(s)	6S Signals Fri 6/09 - 11 signal(s)

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THE 4TH SEAL
S&P | CRUDE | GOLD

Signals Delayed	Jun 08, 11:14pm GMT
EOD data from TN is delayed so signals will be delayed accordingly. Check back later please.

Memorial Day	May 25, 11:40pm GMT
US markets will be closed on Monday 29th May 2023 to observe the Memorial Day holiday. Trade accordingly. Forex will trade as normal. As we require a full day of trading to reset the charts after a market holiday, the next set of trade signals will be posted on Tuesday evening for Wednesdays trading.

Data Issues at TN

May 25, 5:13am GMT

Trade Navigator are having issues with their EOD data with Forex being badly affected and ICE Futures having issues on the 60 minute chart. Forex appear OK but the data is showing Tuesday and Wednesdays close at 00.00 so that is playing havoc with our indicators. Members Charts are being prepared without our usual stochastic indicator so use your own study. TN are aware of the issue and are working on it.

Forex

Apr 28, 2:18am GMT

For Wednesday and Thursday this week we had 14 trade signals.Of these 10 have been elected (filled) so far with more to follow on Friday. Of the elected signals all are profitable with GBP reversal doing best. With Danielcode Forex trades exactly the same as Futures with target recoignition within a very tight parameter being the setup signal and final filter:

Note how Tuesdays bar setup the T.03 Buy with perfect target recognition at its close of 1.1068 against the Blue line at the same number for zero variance. Target recognition is valid at the bar high/low or at the close and the allowable variance to create a signal is 0.1%.

CAD-CHF setup its T.03 and Blue line Buy for Thursday with its low on Wednesday at 0.6500 against the DC Blue line at 0.6497 for just 3 tics variance from target.

Still Perfect Sugar & Correlations

Apr 28, 12:18am GMT

Sugar continues its display of near perfect DC target recognition with todays high at 26.83 against the Blue line at 26.86 for just 3 tics variance from target and its close today at 26.35 against the DC Blue line at 26.38 for just 3 tics variance from target. We allow 0.1% variance as a max so that sets up another Sell signal for Friday. Note the FlipMe point on the chart below. DC trade signals are so powerful that if an elected signal hits the protective stop we know we are wrong and if we are wrong we need to do something about it. This is our automatic FlipMe signal. Having said that todays close was weak so the game goes on.

Our T.03 Buy signals for Dow, S&P and Russell were all elected today but if you wanted to trade NASDAQ that was quite valid as US Equities and Germanys DAX are so correlated directionally that a DC trade signal in any of the Equities can be traded in any other provided the trade is elected. Often the correlated trade is better than the signalled trade as it is less obvious:

Disclaimer: All the reports, charts and content in the Danielcode web site are for educational purposes only and do not constitute trading advice nor an invitation to buy or sell securities. The views are the personal views of the author only and should be treated as such. Before acting on any of the ideas expressed, the reader should seek professional advice from a licensed broker in the appropriate jurisdiction.

Risk Disclosure for Front Page, Long Term Trend Charts: THE RISK OF LOSS TRADING COMMODITIES OR FUTURES CAN BE SUBSTANTIAL. COMMODITY TRADING HAS LARGE POTENTIAL RISKS, IN ADDITION TO ANY POTENTIAL REWARDS. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES OR COMMODITIES MARKETS. DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY OR SELL COMMODITY INTERESTS. THE USE OR PLACEMENT OF ANY STOP-LOSS OR STOP-LIMIT ORDERS MAY NOT LIMIT YOUR LOSSES AND YOU COULD LOSE MORE THAN YOUR INTENDED AMOUNT OF MONEY AT RISK. PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT INDICATIVE OF FUTURE RESULTS.

Risk Disclosure for Genie Results, T.03, T.03+ and TradeProgram: HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN; IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM. ONE OF THE LIMITATIONS OF HYPOTHETICAL PERFORMANCE RESULTS IS THAT THEY ARE GENERALLY PREPARED WITH THE BENEFIT OF HINDSIGHT. IN ADDITION, HYPOTHETICAL TRADING DOES NOT INVOLVE FINANCIAL RISK, AND NO HYPOTHETICAL TRADING RECORD CAN COMPLETELY ACCOUNT FOR THE IMPACT OF FINANCIAL RISK OF ACTUAL TRADING. FOR EXAMPLE, THE ABILITY TO WITHSTAND LOSSES OR TO ADHERE TO A PARTICULAR TRADING PROGRAM IN SPITE OF TRADING LOSSES ARE MATERIAL POINTS WHICH CAN ALSO ADVERSELY AFFECT ACTUAL TRADING RESULTS. THERE ARE NUMEROUS OTHER FACTORS RELATED TO THE MARKETS IN GENERAL OR TO THE IMPLEMENTATION OF ANY SPECIFIC TRADING PROGRAM WHICH CANNOT BE FULLY ACCOUNTED FOR IN THE PREPARATION OF HYPOTHETICAL PERFORMANCE RESULTS AND ALL WHICH CAN ADVERSELY AFFECT TRADING RESULTS.