TRADE EXAMPLE - Vodafone (FTSE 100) - End of Day Trade

Our scanners run the programme every morning and every night to pick out the all important trades.  All the signals are automatically generated and can be set to search for trades on stocks, indices, commodities, and forex.  These lines and entry signals are not drawn on, they are generated in real time and the night (or time period in the case of intraday traders) BEFORE we need to trade.

Here we use one example of a trade in UK Stock Vodafone.  The first trade indicated on 8th February signalled a buy on the next day at the open. Yes there was a gap up, but that doesn't matter, if the Tradesearcher signals the entry you follow it.  So here, the buy order goes in at the open and the fill takes place at 118.25p.  The size of position is determined by the money management support system that runs alongside Tradesearcher.  As a trader you have two decisions to make.  Where is your target and where is your stop. 

In this example, the stop goes below the first significant support level at 115p.  That represents 2.7% which we feel is acceptable and so we went ahead.  The target on entry is the major resistance level at 123p which we duly place into out system at the time we enter the trade.  

The position sizing element here is important and is covered as part of the Tradesearcher course guide.  We will not go into it here, but the ability and skill to make multiple decisions such as when to 'add' to a trade and when to raise stops is all part of the money management system that runs parallel to Tradesearcher. 

But lets keep it simple.  In this case it was a simple entry and exit.  The entry, stop and limit are all determined the night before the market opens.  We call our broker in the morning and place the order.

As the price rises closer to our target we raise the stop (on close because its an end of day trade) to below the parabolic stops.  5 days later our target gets filled (a nice 4% profit) and we move on to search for other trades.

This is one trade, and one example. We can tell you quite openly that we make losses and not every trade taken will yield a positive return.  What the system does it give us some extra help in being able to determine what the chances of success are.  By combining this with our money management systems, we are able to take informed, structured trading decisions, quickly and easily.  

Of course, Tradesearcher is not for everyone, it does require a reasonable understanding of technical analysis and trading the financial markets and if we do not think you are ready for it, we simply will not sell it to you (that would not benefit you or us in the long term).   That said, we have designed Tradesearcher in such a way so that people with a basic knowledge should be able to grasp the key concepts and run the system sucessfully on a daily basis, and see quickly and easily from the Entry Flags, when they should be looking to take the trade and what their probability of success is.

Click here to receive a FREE CD-Rom and brochure

and see more examples of how using the Tradesearcher systems has helped many of our traders.

Live chat by Boldchat

The entry points are created the DAY BEFORE or time period BEFORE you have to trade!!  

Profit from FALLING AND RISING markets using automatic stop and target levels

"Tradesearcher provides a holistic approach to the trade management cycle...learn how professional traders are using it now!"