Comments on: UMT on Crude Oil Futures 3 Wins – 1 Loss Today http://www.umttrading.com/2007/08/10/umt-on-crude-oil-futures-for-81007/ Watch Live Forex, Future and Stock Trading Results Using the UMT Mon, 07 Jun 2010 19:40:14 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Abhijit http://www.umttrading.com/2007/08/10/umt-on-crude-oil-futures-for-81007/comment-page-1/#comment-157 Abhijit Mon, 13 Aug 2007 17:31:00 +0000 http://netpicks.wordpress.com/2007/08/10/umt-on-crude-oil-futures-for-81007/#comment-157 Great action and very much keeping with "trade with the flow" - the one challenge that all of us traders face is avoiding the periods of chop. Could you please show us some examples of where the methodology recognized and kept us from taking trades in a chop (particularly in a 89 tick/1 min in the minis or DAX). Thanks NetPicks Reply: In today's video (8/13) you'll see some Dax trading on 144 tick. You also will see one minute chart for the S&P and trading through some choppiness -- though there was good activity on both sides of the chop. Thanks. Great action and very much keeping with “trade with the flow” – the one challenge that all of us traders face is avoiding the periods of chop. Could you please show us some examples of where the methodology recognized and kept us from taking trades in a chop (particularly in a 89 tick/1 min in the minis or DAX).
Thanks

NetPicks Reply: In today’s video (8/13) you’ll see some Dax trading on 144 tick. You also will see one minute chart for the S&P and trading through some choppiness — though there was good activity on both sides of the chop. Thanks.

]]> By: Eric http://www.umttrading.com/2007/08/10/umt-on-crude-oil-futures-for-81007/comment-page-1/#comment-156 Eric Sun, 12 Aug 2007 21:34:32 +0000 http://netpicks.wordpress.com/2007/08/10/umt-on-crude-oil-futures-for-81007/#comment-156 Can the UMT be used with exchange traded funds like the one for oil on the AMEX (USO)? Or does it have enough volatility to our weight the transaction costs? NetPicks Reply: ETF's can definitely be traded and there is training on those in the course. Usually you'll be looking at swing trading on those markets more than day trading -- but definitely, either daily, weekly charts or using larger intraday timeframes (time intervals or ticks) -- with the right markets they can work well. Thanks. Can the UMT be used with exchange traded funds like the one for oil on the AMEX (USO)? Or does it have enough volatility to our weight the transaction costs?

NetPicks Reply: ETF’s can definitely be traded and there is training on those in the course. Usually you’ll be looking at swing trading on those markets more than day trading — but definitely, either daily, weekly charts or using larger intraday timeframes (time intervals or ticks) — with the right markets they can work well. Thanks.

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