The preceding 5 post outline daily screen shots of the ES (S&P 500 Futures) and the CL (Crude Oil Futures) showing valid Ultimate Fractal Swing Tool Entries for the week of February 24th thru 28th 2014. There were a total of 58 trades of which 44 (75.8%) were winners. These numbers are based on using the Alternative Entry Tool setting on the tool and using 3 contracts on the ES and 2 contracts on the CL. For the ES the first target is 1 point, the second target is 2 points and the third target is a trailing stop as managed by the tool. For the CL the first target is 6 ticks and the second target is a trailing stop as managed by the tool. We do not account for slippage when posting these numbers.
The Newbie-Trader Ultimate Fractal Swing Tool is a signal generation tool only and should only be used for educational purposes. If you were to trade a similar style with a live account we recommend the minimum account funding requirements. To trade 3 contracts on the ES we recommend an account size of approximately $10,000-15,000 ($3,500 to $5,000 per contract traded).
Please take some time to scroll thru the preceding 5 blog entries to see each day in detail. Please click here to see a 1 hour presentation on the inner workings of our swing tool.