Eminis PnF
Hi folks,

As per my promise, here is my first post regarding a strategy for trading the S&P emini ES

You probably know I'm a big fan of PnF for intraday trading so I applied a technique from a very successful trader of FTSE to the S&P emini.

The set up is a PnF chart set to Box size 1, reversal 2

The technique is to trade 5 box reversals, thus always being in the market.

The results have not allowed for slippage (overnight moves mainly) or commission.

Since the 24th December 2002 this method has produced a profit of 213 points from 56 trades. The worst drawdown has been 6 points!!!

Thats over $10,000 of profit per contract net of costs in about 7 weeks.

I'm not saying such wonderful performance will continue, but it augers very well indeed.

JonnyT
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