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Trade Strategies Updated Each Night – Email Alerts During Trading Hours Our short term trade strategies
and recommendations are for trades that typically last from a few hours
to a few days for the S&P, Euro and 10-year note futures. As
a new subscriber, you will be provided with access to our guide to short term trading as well
as an archive of closed short term trades.
Each evening the web site is
updated with new weekly, daily, 60 minute and 15 minute charts of the
three markets we follow for short term trading. In addition, we
analyze the momentum position of each market, its pattern position, key
harmonic price levels and Fibonacci time projections. Finally, we
project a short term
trend and offer a high probability, low risk trade strategy.
Below you
will find a typical trading update produced after the market has closed:
For
Trading on Tuesday September 4th
Note:
Oversized charts - If they appear distorted, left click on chart in
Internet Explorer (latest version) or left click on "Expand to Regular
Size" symbol in bottom right corner of chart. In Netscape, right click
on chart and select, "Fit Image to Window"
Current Position: Flat Momentum (60 minute): Bearish Pattern Position: Appears a W. c of 2 or B is in progress on the 60 minute. Price: The max. typical W. 2 or B is 1525. Anticipated Short Term Trend: Sideways to Down. Strategy: Following completion of W. 2 or B, short on a bearish reversal and trade below a minor pivot as long as the 60 minute is not bearish oversold or bullish.
Current Position: Short Momentum (60 minute): Bearish Pattern Position: Wave 2 or B appears nearly complete on the 60 minute. Price: Max. Typ. W. 2 or B is 1.3753 Anticipated Short Term Trend: Sideways to Down. Strategy: Trade management via email.
Current Position: Flat Momentum (60 minute): Bullish Pattern Position: A 5 wave pattern appears complete on the 60 minute. Price: Friday's high was just above the max. typical w.b level of 109'220 Anticipated Short Term Trend: Sideways to down. Strategy: Short on a bearish reversal and trade below a minor pivot as long as the 60 minute is not bearish oversold or bullish. Subscribe
to
Harmonic Edge's Short Term Trade Advisory Service
Email Alerts - Specific Trade Recommendations In addition, subscribers received a minimum of two updates during the trading day via email. Typically one in the morning and one in the early afternoon. Here is a sample email: Reason for Trade: A 5 wave pattern appears complete. Trade Entry and Initial Stop: Short on a confirmed bearish reversal and trade below a minor pivot (109’140) or retracement entry Stop: 109’245 Initial Profit Target: 109’070 and 109’015 or on bullish reversal  All specific trade recommendations are followed up until the trade is closed out. Trade recommendations include specific trade entry points, stops, retracement entries and profit targets. Below are three examples of closed short term trades: Closed 10 Year Note Trade  Closed Euro Trade  Closed ES Trade  If you are new to trading futures, our strategies can be used with ETF's or Exchanged Traded Funds that can be traded like stocks. ES strategies may be used for the SPY. Euro strategies may be used in FXE and 10 year note strategies may be used in IEF. Day Trading Day trading is beyond the scope of what we can cover in our advisory service. However, there are typically several trade setups each week that are too small to be considered for ST (Short Term) trades. In these cases, we will typically make a day trading recommendation as shown in this example:  Intermediate and Long Term Trades These types of setups are also beyond the scope of our trading advisory. However, we do provide a weekend update which covers the following markets in either the daily or weekly time frame - whichever is more relevant at the moment: Bonds, British Pound, Japanese Yen, Corn, Live Cattle, Soybeans, Wheat, Crude Oil, Heating Oil, Gold, Silver and the XAU. Trading futures is risky.
Past performance is no guarantee of future performance. Trade at your
own risk.
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