Dunn’s Deal Day Trader

Dunn’s Deal Day Trader is a moderately active day trader.

It gets its edge from pattern recognition, both “V” shaped bottoms and inverted “V” tops lead to reversals after a certain amount of retracement. Once the pattern is isolated,the system places stops to catch the reversal into the close of the day or a sooner exit.

Markets Traded: Mini S&P, Mini Russell 2000, S&P mini Mid Cap. 

TMT More Info

The system is designed trading a single contract. It is left up to the trader / investor to manage money through adding or subtracting the number contracts traded.

Entry / exit style: Real time at the market fills. Automated execution is based on platform filled orders being sent to broker as market orders. Resting orders are on the trader’s platform only not on brokers order pad. Compatible with TS9, MC8 and NT7 automation or manual point click and trade (PCT).

dunns

Background:
A trader that worked with me and ran my Vegas office 10 years ago Richard Dunn saw that certain “V” shaped bottoms and inverted “V” shaped tops lead to reversals after a certain amount of retracement. Once we had the pattern isolated , we simple put a buy stop above the low pivot for a long entry and below the high pivot for a short day trade. We traded this visually off the bar chart with a Bollinger type band for a high or low threshold. We traded it well with discretion. The set up and formula for entry were never programed or back tested across markets. Back in March I pulled my notes out of the library and worked it up.

— Thinking Man’s Trader does not assume the risk of its clients trading futures and offers no warranties expressed or implied. The opinions express here are my own and are grounded in sources I believe to be reliable but not guaranteed.

— Pricing is subject to change without notice. Products available to the public may be withdrawn for private use without notice, at anytime.

— Any sale prices posted are for non-professional and non-NFA members only. Custom programs for, professional money managers, brokers, CTAs and Hedge Funds are available. Professionals and –NFA members must inform Thinking Man’s Trader of their status at the initiation of any product discussion.