The One Minute Methodology requires some memorization, BUT the CYCLEDAYTRADER software makes many trades very obvious - since the E-mini Dow trades around the clock, you can too. Here's a 70 point long entry today, followed by a decent short entry (you're reversing direction) that ultimately goes 50+ points down (NET of 120 points in about 3 hours of trading).The Green line along with the Blue/Yellow dots show the support levels and reversal rule (RHS is the reversal formation) after Code GL occurs - which is a retrace of yesterday's Code 3. This is a slam dunk trade since the right side of the RHS formation has the proprietary ONE MIN TRIX greater than the neutral line (the one min trix is below the price chart).
The trade exit is known, since the orange rectangles display the retrace to resistance level (70 pts from your entry) and the ONE MIN TRIX shows a sell setup which traders reversed direction at. Since the move up is an RR, you don't need dow behaviors, you're just piggybacking the mechanical systems that are repeating Institutional Stops.
You've now witnessed 100% technical trading......trade entries with known exits and known stop losses. Follow the habits of the big mechanical systems that control this index contract and enjoy the ride!
....GO TO BANK..WITHDRAW $$$$$$$$.....
