Transcript Document

Welcome to ORBS Indicator Trading!
(Opening Range Breakout)
http://www.smartsetups.com/opening-range-breakout/
Risk Disclaimer
Trading or investing carries a high level of risk, and is not suitable for all persons. Before
deciding to trade or invest you should carefully consider your investment objectives,
level of experience, and ability to tolerate risk. This content is subject to change at any
time without notice, and is provided for the sole purpose of education and assistance in
making independent investment decisions. SmartSetups.com has taken reasonable
measures to ensure the accuracy of the information contained herein; however,
SmartSetups.com does not guarantee its accuracy and is not liable for any loss or
damage which may result directly or indirectly from such content or from an inability to
access such information or any delay in or failure of the transmission or the receipt of
any instruction or notification in connection therewith. Any past performance results are
shown for illustration and example only, are hypothetical and as such have many
inherent limitations. No representation is being made that any account will or is likely to
achieve profits or losses similar to those shown. Past performance is not necessarily
indicative of future results.
Hypothetical Risk Disclaimer
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has
large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them
in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is
neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being
made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The
past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN
ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE
TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR
TO THOSE SHOWN.
NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES
SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSE(S), PRODUCTS AND
SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU
DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.
Background
Hubert Senters
● Hubert Senters is one of the leading Active Investors and Professional traders In the World.
His Daily trading research is followed by over 98,329 people that follow his daily research.
● He is the Co-Founder of TradeTheMarkets.com, which is an INC 500 fastest growing company.
● He is also a frequent guest speaker for Many Trading Exchanges including the CME, CBOT,
ICE, and Eurex.
● He and His Companies/Experts have been featured guests on: CNBC, Bloomberg, Fox business,
CNN, CBS Market Watch, Forbes, The Street, Active Trader Magazine, Stocks and Commodities
Magazine, Money Show and Traders Expo.
● Hubert holds a Series 3 & 30 License and is a Principal at Razor Trading holdings.
● Hubert currently resides in Versailles, Kentucky with Lisa, his wife of 20 years, and their three
kids Mackenzie, Morgan and Mason. You can usually find them at one of the kids sporting events.
Background
Mark Helweg
● Private trader since 1989 with Stocks, Futures, FOREX, and Options.
● Professional Hedge Fund Manager for almost 20 years
● Author of “Dynamic Trading Indicators”
● Top New CTAs 1998 Futures Magazine
● Two Time Managed Funds Star Search (2003 & 2008)
● Developed Patented ValueCharts®
ORBS Indicator
A roadmap for trading
ORBS Indicator
Traders need a game plan
before the trading day
begins.
ORBS Indicator Levels
● Buy Entry
● Stop Loss
● Buy Target #1
● Buy Target #2
● Sell Entry
● Stop Loss
● Sell Target #1
● Sell Target #2
ORBS Indicator
Trading Rules
1.
2.
3.
4.
5.
6.
7.
The ORB Indicator Levels are Determined at the Open of the Session.
Enter trade at Buy Level (for Buy Signal) or Sell Level (for Sell Signal).
Exit Trade at Stop Level if hit before Target Level.
Consider partial or full exit at Target #1.
Consider partial or full exit at Target #2.
Consider re-entry if market holds Daily Open Level.
Use filters to confirm trend and market direction.
Note: Trade execution, slippage, and transaction costs will effect potential
gain or loss per trade.
Buy Target #2
Buy Target #1
Buy Entry
Stop Loss
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Buy Target #2
Buy Target #1
Buy
Entry
Buy Entry
Stop Loss
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Buy Target #2
Buy
Target #1
Buy
Entry
Buy Target #1
Buy Entry
Stop Loss
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Buy
Target #2
Buy Target #2
Buy
Target #1
Buy
Entry
Buy Target #1
Buy Entry
Stop Loss
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Stop Loss
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Stop Loss
Sell
Entry
Stop Loss
Sell Entry
Sell Target #1
Sell Target #2
Stop Loss
Sell
Entry
Stop Loss
Sell Entry
Sell
Target #1
Sell Target #1
Sell Target #2
Stop Loss
Sell
Entry
Stop Loss
Sell Entry
Sell
Target #1
Sell
Target #2
Sell Target #1
Sell Target #2
Sell
Entry
Sell
Entry
Sell
Target #1
Sell
Entry
Sell
Target #1
Sell
Target #2
Buy Target #1
Buy
Target #1
Buy Entry
Buy Stop Loss
Buy Target #1
Buy
Target #1
Buy Entry
Stop
Loss
Buy Stop Loss
Hypothetical Risk Disclaimer
U.S. Government Required Disclaimer - Commodity Futures Trading Commission Futures and Options trading has
large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them
in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This is
neither a solicitation nor an offer to Buy/Sell futures, stocks or options on the same. No representation is being
made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The
past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN
ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE
TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL
ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO
REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR
TO THOSE SHOWN.
NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES
SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT AND TEXTS. OUR COURSE(S), PRODUCTS AND
SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU
DECIDE TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN.
ORBS Indicator
Simulated Testing Rules
1.
2.
3.
4.
5.
6.
Only 1 Buy and 1 Sell Signal are taken per session (per day).
Buy Signal is taken if Buy Line is hit/Sell Signal is taken if Sell Line is hit.
If Stop Loss is hit before Profit Target #1, trade is a counted as a loss.
If Profit Target is reached before Stop Loss, Profit Target level is exit.
Profit Target #1 is taken if market only reaches Profit Target #1.
Profit Target #2 is taken if market only reaches Profit Target #2.
Note: Trade execution, slippage, and transaction costs will effect potential
gain or loss per trade. Read Hypothetical Risk Disclaimer.
ORBS Simulated Results (Pips/Ticks)
Date
EURUSD
GBPUSD
USDCHF
AUDUSD
EURJPY
Jun-12
232
328
242
383
160
Jul-12
353
205
313
249
226
Aug-12
478
173
355
220
117
Sep-12
385
232
253
394
207
Oct-12
530
292
385
213
362
Nov-12
335
147
271
68
148
Dec-12
407
409
259
158
481
Jan-13
295
485
213
158
21
Feb-13
349
321
200
42
-45
Mar-13
433
359
301
325
330
Apr-13
455
619
220
158
-59
May-13
371
383
568
337
-124
Total:
4623
3953
3580
2705
1824
Average:
385
329
298
225
152
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS
DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
THOSE SHOWN.
NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT
AND TEXTS. OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE
TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN. Results do not include slippage or commission costs.
Simulated Testing Results (Profits in Ticks)
EURUSD
600
530
478
500
433
455
407
385
400
353
371
349
335
295
300
232
200
100
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
EURUSD
5000
4623
4500
4000
3500
3000
2500
2000
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
GBPUSD
700
619
600
485
500
409
400
383
359
328
321
292
300
232
205
200
173
147
100
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
GBPUSD
4500
4000
3953
3500
3000
2500
2000
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
USDCHF
600
568
500
385
400
355
313
301
300
271
253
242
259
213
220
200
200
100
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
USDCHF
4000
3580
3500
3000
2500
2000
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
AUDUSD
450
400
394
383
350
337
325
300
249
250
220
213
200
158
158
158
150
100
68
42
50
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
AUDUSD
3000
2705
2500
2000
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
EURJPY
600
481
500
400
362
330
300
226
200
207
160
148
117
100
21
0
Jun-12
-100
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
-45
Mar-13
Apr-13
May-13
-59
-124
-200
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
EURJPY
2500
2000
1824
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
ORBS Simulated Results (Pips/Ticks)
Date
Crude Oil
Gold
30 Year Bonds
Emini S&P 500
Soybeans
Jun-12
886
549
219
-25
437
Jul-12
1014
235
73
-106
285
Aug-12
129
-615
33
-240
1104
Sep-12
431
569
91
60
586
Oct-12
85
166
181
16
1359
Nov-12
522
47
33
-136
551
Dec-12
-92
234
-2
-15
-81
Jan-13
6
57
6
-28
-155
Feb-13
52
-270
-2
15
319
Mar-13
446
-190
1
222
-451
Apr-13
688
1089
13
308
477
May-13
895
695
49
-5
402
Total:
5062
2566
695
66
4833
Average:
421
213
57
5.5
402.75
CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS
DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT,
IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE
DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO
THOSE SHOWN.
NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL, OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED WITHIN THIS SITE, SUPPORT
AND TEXTS. OUR COURSE(S), PRODUCTS AND SERVICES SHOULD BE USED AS LEARNING AIDS ONLY AND SHOULD NOT BE USED TO INVEST REAL MONEY. IF YOU DECIDE
TO INVEST REAL MONEY, ALL TRADING DECISIONS SHOULD BE YOUR OWN. Results do not include slippage or commission costs.
Simulated Testing Results (Profits in Ticks)
Crude Oil
1200
1014
1000
895
886
800
688
600
522
446
431
400
200
129
85
6
52
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
-92
-200
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Crude Oil
6000
5062
5000
4000
3000
2000
1000
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Gold
1200
1089
1000
800
600
695
569
549
400
235
234
166
200
57
47
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
-200
Mar-13
Apr-13
May-13
-190
-270
-400
-600
-615
-800
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Gold
3000
2566
2500
2000
1500
1000
500
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
30 Year Bonds
250
219
200
181
150
91
100
73
49
50
33
33
13
6
1
0
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
-2
Jan-13
Feb-13
-2
Mar-13
Apr-13
May-13
-50
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
30 Year Bonds
800
700
695
600
500
400
300
200
100
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Emini S&P 500
400
308
300
222
200
100
60
16
15
0
Jun-12
-25
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
-15
Jan-13
-28
Feb-13
Mar-13
Apr-13
May-13
-5
-100
-106
-136
-200
-240
-300
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Emini S&P 500
100
66
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
-100
-200
-300
-400
-500
-600
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Soybeans
1600
1359
1400
1200
1104
1000
800
586
600
551
477
437
400
402
319
285
200
0
Jun-12
-200
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
-81
Jan-13
Feb-13
Mar-13
Apr-13
May-13
-155
-400
-600
-451
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
Simulated Testing Results (Profits in Ticks)
Soybeans
6000
5000
4833
4000
3000
2000
1000
0
May-12
Jun-12
Jul-12
Aug-12
Sep-12
Oct-12
Nov-12
Dec-12
Jan-13
Feb-13
Mar-13
Apr-13
May-13
Note: Trade execution, slippage, and transaction costs will effect potential gain or loss per
trade. Read Hypothetical Risk Disclaimer.
ORBS Indicator
Live Trading Examples