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T-3 Fibs ProTrader is designed to maximize your profits with unbelievable accuracy. The software will show you exactly where to get in and out of a trade in order to achieve the highest reward potential and the least potential risk per trade. This software can be used for day-trading swing-trading, position-trading and on any market from stocks to futures to forex with the same consistency. To get your complimentary 10 days of lessons along with fully functional software go here.

In celebration of the 4th of July, which is an American tradition that in most houses means fireworks and barbeque, let's take a look at what Independence Day really meant initially.

In the years leading up to 1776, Great Britain kept trying to make the colonists follow more rules and pay higher taxes. People started getting mad and began making plans to be able to make their own rules. They no longer wanted Great Britain to be able to tell them what to do, so they decided to tell Great Britain that they were becoming an independent country. (To be independent means to take care of yourself, making your own rules and providing for your own needs.) Hint Hint on where this is going...

The US Congress met in Philadelphia, Pennsylvania and they appointed a committee to write a formal document that would tell Great Britain that the Americans had decided to govern themselves. The committee asked Thomas Jefferson to write a draft (first try) of the document, so he worked for days, in absolute secret, until he had written a document that he thought said everything important that the committee had discussed. On June 28, 1776, the committee met to read Jefferson's "fair" copy (he put his best ideas together and wrote them neatly.) They revised (made some changes) the document and declared their independence on July 2, 1776. They officially adopted it (made it theirs) on July 4, 1776. That is why we call it "Independence Day."

Now what does this mean to you as a trader you ask? Everything. Just like our forefathers you are tired and fed up with not making enough money in your trading. You have hoped for something to come along that will give you the means from which to declare your own financial independence.

As an Independence Day present I am going to give you a simple to use set of rules for two simple trades and show you how they could have made you well over 50% on July 1st alone as I finish writing this article.

First the rules and two examples of the setups and then I will give you a picture of these two trades on one chart of the ER2 which is the Russell 2000 futures index. The cost to day trade one share or contract of this index is approximately $1,000-2500 at most brokerage firms. I will show you the potential to make over $2500 dollars today trading only ONE contract with these simple setups.

1. The market MUST reach an area of "Blue" Support, or "Red" Resistance. This is done in our T-3 Fibs ProTrader software by automatically combining 10 timeframes of Fibonacci projections. You may use whatever support and resistance tools you have.
   
   
2. The MACD on chart MUST show a "Strong" reaction off of the support or resistance area.
   
   
3. The Small Triggers MUST be crossed in the trade direction. It is best if the Small Triggers are wide and spread apart. This is another sign of a "Strong" reaction off the area. These are our version of a moving average crossover that is included in our package.
   
   
4. It is also necessary to see a "Weak" condition in the Large Triggers (longer timeframe averages) on the larger chart. Closing inside, or on the trade side of the Large Triggers will show the weakness in the overall trend.
   
   
5. Upon pulling back to the area(s) anticipated to hold, the Macds MUST show a weak Retracement, also known as Retracement Divergence. This indicates the area has an even greater potential to hold. Think Big move off the Fib Area, a small Retracement in the Macds, while pulling back to the entry area, and then another big move in the new direction. At this point, look for the entry pattern on the smaller chart, for low risk, while looking to maximize profits, by holding for the next key area on the larger chart. Stops are placed behind the Reversal Bar.

Example of Fib Momentum Trade E-mini S&P Short
(yes, this works on every market and every timeframe)


If you cannot view the example chart, go here.

1. Identify the direction on the large chart and a pullback to a mid band area (you may know this indicator is a keltner channel). Usually you have started the trend from a key Fibonacci area as defined by the red and blue lines on the charts.
   
   
2. The Macds should show the potential for the entry area to hold on Large chart
   • Potential Zero Line Rejection
   • Macds begin to roll, while on the correct side, and away from ZL
   
   
3. Look for the short term direction to begin rolling on the chart, at the entry area
   • Closing inside or on trade side of Small Triggers
   • Macds rolling in the trade direction
   
   
4. Stops are placed behind the reversal pattern at the entry area
   • Below the low of the Reversal Bar for long
   • Above the high of the Reversal Bar for a short
   
   
5. Have plenty of room to the target area on the large chart
   

Example of ER2 Trend Trade Short


If you cannot view the example chart, go here.

If you cannot view the example chart, go here.

John Novak is President of Nexgen Software Services Inc. John is the developer of the T-3 Fibs ProTrader indicator package. He has been involved in the marketing and distribution of Technical analysis software for the last 13 years. He has devoted the last 10 years to the automation of a popular discretionary methodology that he taught in seminars for over 2 years to many successful traders that was centered on Fibonacci analysis of both time and price. With the help of his software programmers they have automated this entire Fibonacci process into a fully automatic program. He spends his days working on constant improvements in his analysis in predictive indicators for traders and spends the day trading his own methods.

Get a 10 Day Complimentary Demo & Fully Functional Software Today

T-3 Fibs ProTrader is designed to maximize your profits with unbelievable accuracy. The software will show you exactly where to get in and out of a trade in order to achieve the highest reward potential and the least potential risk per trade. This software can be used for day-trading swing-trading, position-trading and on any market from stocks to futures to forex with the same consistency. To get your complimentary 10 days of lessons along with fully functional software go here.