I know that I haven’t yet explained the “Gold Line” cross strategy.  This is a highlight of what is to come.  I will explain this in the strategy module.  I just want you to start thinking about the importance of waiting for the right entry.  On the chart above, each red or green bar represents information for three minutes, because that chart is a three minute chart.  If you look to the bottom of the chart you will see the time, which is in military time, so the stock market opened at 6:30 am (06:30) Pacific Time, went mostly down until about 7:45 am and then the “Gold Line” cross occurred at about 8:15 am.  Notice that this chart is in the 3 minute time frame (see upper left).  As I will explain more later, the “Gold Line” cross is safest in the 3 minute time frame.

In the my module called “Strategy” I will explain how to set-up your chart so that you will have a gold line and a blue line that are based on an indicator that traders call an Exponential Moving Average (EMA).  The gold and blue lines move differently because each is programmed with different settings for the EMA.  This is the most important indicator for my futures trading strategy.

If you follow the gold line strategy carefully, along with a few other simple rules, success in trading may be possible for you.  I hope you do well!