My First Flux Nebula Trade

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Subject: My First Flux Nebula Trade

Hi Folks.

So last night I told you about Flux Nebula, the new product from the guys over at Forex Comrades. If you missed the email or lost it, here is the link to their new product:

https://jvz2.com/c/43106/403417

I made a video walking you through the software that hopefully answers more questions than it raises. That video is here: https://youtu.be/S8HF9ZqPK1w

So after I sent last night's email I shut down my charts and PC and took the night off from anything and everything trading related and instead knocked off the last few episodes of Tacoma FD on Netflix.

And since the last charts I had running last night were the Flux Nebula charts, those are what were running when I started everything up at 8:30 this morning. Then at 8:32 this morning, I got an alert on the Gold chart.

I am not big on just blindly following alerts when they come in. I like to take a minute or two to evaluate the chart, look for the obvious and not so obvious S&R lines, glance at the financial news calendar for the day, and not take any trades until I've done that bare minimum.

But today, I just took the trade. My stop was just one box beyond the previous high, which had held on in a couple of earlier price attempts to break the level.

And here is how it turned out:

At 9:30 I was certain I would get stopped out for about a $3 loss but sellers rallied and sold off towards the bottom of the channel lines. At 10:30 (the second Green box) I was starting to wrap up my trading for the morning and planned to close out if a second green box formed, but again, sellers rallied so I dragged my stop just on top of that second green box, I checked back in periodically and ultimately dragged my stop to just above the reversal box at 2024.40, where price took my out around 2:40 p.m.

So what's the point of all this, aside from my maybe not so humble bragging?

It's this.

Take a look at that same chart with my MACdots, Renko-Stoch and SignalAM indicators added in:

All the tools I use every day to tell me when to buy and sell are ALL oversold. Every one of them was saying "Look for a place to Buy" and yet, price kept moving down.

So my point is this.

Sometimes it's good to get a different opinion, take a look at something from a different angle, and may recognize that no matter how good your tools are, they can always be made better, or at least the information you get from those tools can be improved, if you are willing to break out of your habits and do somethng different for a change.

And in this case, even though they were already oversold, my normal set of tools were not showing any sort of enthusiam about turning around and heading back up the charts. So the odds were good and getting better this was going to be one of those price action scenarios where price reversed three or four times. but never followed through on the reversal and kept setting new lower lows.

So Flux Nebula gives some decent signals that are arguably counter-trend (or at least counter to what you might expect when all your indicators are screaming "OVERSOLD").

But what happens when yoy get a signal to Buy or Sell that aligns with that same indicator package?

I'll show you some of that magic tomorrow night.

Jeff.

P.S.--Here is the page link again if you want to taek a look:

https://jvz2.com/c/43106/403417

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Subject: My First Flux Nebula Trade