We've been talking recently, in particular if you are just starting out with the UMT, how to focus on the very best day trading set-ups. This would also apply to swing trading as well. The trade set-ups that are with the Directional Indicator, that have a positive reward to risk ratio and only focusing on the original set-ups (without the optional re-entries) tends to give you favorable results. You should be achieving our "two-thirds/one-third" of successful trades to not. If not, then you should seriously consider adjusting the timeframe or market since that ratio is what we consider acceptable for the UMT trading strategy. With the Universal Market Trader today, I will walk you through on this video a variety of markets -- we'll go quick and only focus on these core set-ups. Crude Oil Futures trading, Dow e-Mini Futures, S&P e-Mini futures, Dax Futures, Treasury Notes futures, EURUSD forex day trading and GBPUSD forex day trading are all covered. Watch as we focus only on these set-ups -- even miss some good trades on occasion that would have worked, but our trading plan in this video was to focus on the best of the best. In particular if you're new - this would be your best trading plan to follow. Later you can learn the situations where "against the Directional" trades can be taken with similar odds as well as the re-entry trades.

Click the link to watch the video (running time: 15 minutes)

 Day Trading Forex and Futures - 12/29/08 Video