I wanted to give you a quick update on how my trading has been progressing with the "Tick to Share" bar conversion strategy that we discussed at the end of February in our Mastery Series. 

If you missed that you can still view it in the Mastery Series menu on the left or directly here:

http://www.universalmarkettrader.com/members/486.cfm?sd=50

Since the webinar, I have had 38 positive days and 6 negative days.  That's 86% successful sessions and am currently in a streak of 13 straight days that have ended positive (using a Power of Quitting strategy.)

This is with trading the Dax Futures in the U.S. session.  Of course, the strategy applies to really any market where there is volume that is trackable (major exception is the forex that this would not apply except perhaps the forex futures though I have not personally tried it on those markets yet.)

We've heard from several members who have instituted the approach in their trading an are enjoying some good results.  Let us know how you're doing with it if you've tried it.  If not, take a look at the Mastery Series -- it's not for everyone (a little extra work definitely and only for those day trading.)

Keep an eye out for our next Mastery Series to be announced soon. We have a current UMT Member with a very interesting "pullback entry" approach he's been using with good success with the UMT.  Announcement shortly...