Thank you for viewing our Emini trading signals stream. We will be back with the live streams early in January 2010.
Key to success
GemsBot produces a large number of trades that cater to the needs of experienced traders. However the modular design and the classification of trades make it easy even for novice traders to use. The order of reliability of the trades, which at the same time is inverse to their frequency, is:
Triple Trade Trigger
Sync
Strong Fast
Strong Trend
Normal Fast
Normal Trend
Weak Fast
Weak Trend
The Intraday Volatility cell for each instrument shows periods when market is Ranging, and trading should be avoided, while each trade should be entered with profit taking and stop loss values corresponding to Low, Medium or High volatility
So start your learning curve with trades from the top of the list and progress at your own rate. If you require training, you will receive sufficient during your free trial week to use the trading signals successfully.
ES Left Top YM Left Bottom TF Right Top NQ Right Bottom
When we are Off Air you see a short recorded video.
PalTalk
It is essential to listen to the audio alerts produced by GemsBot that are played in PalTalk in advance of the video changes. You can use PalTalk either as a stand alone program or view our room through a browser.
To download and install the stand alone version visit http://www.paltalk.com You will find our room at Business and Finance >>> Day Traders - Stocks & Bonds >>> Broadcasting Emini Trading Signals.
GemsBot has been shown live in public rooms for more than 3 years now. We have gone a long way since then. The original version was producing just one trading signal for ES for each trend period. Now we are in our final version 5 that produces a large number of independent trading signals for ES, YM, NQ and TF. Market action is followed closely every 5 seconds and each trend change is picked up at an early stage producing initial and continuation trades. This way you have a choice of which trades to take to suit your own trading profile.
The modular format of the video makes it easy to use whether you are a novice or experienced trader, trading either normal intraday trades or scalping ones. Like all systems there is a learning curve to go through, the length of which depends on your own experience and trading profile. The first step for you to experience and evaluate GemsBot is to visit this page and our PalTalk room daily.
Route to follow
The way that trading signals are called live with GemsBot is unique, since all the information necessary to trade them is presented in a spreadsheet rolling in the form of a video with associated audio alerts. So it is essential to understand the basic concepts involved.
Like most traders probably you are used to trade with trading signals picked up from one or more charts. Or maybe you are using market action observations or other means. Watching the video for a while you will soon find that trading can be done in a more efficient way by just looking at the trading signal numbers.
What GemsBot is doing is to have all the tedious work and decision making done with algorithms that run continuously in the background. So all you see is the essential information to trade. The information is presented in a spreadsheet with about 400 cells, some of which are changing their content, whether numbers or text, and some are scrolling every five seconds. All the cells are essential for an experienced trader to utilize the system to its maximum ability. But a new trader to the system needs only to focus on about 18 cells per instrument traded to be successful. These essential cells are broadcast above on this page while the audio alerts and chat take place in our PalTalk room which is free to use. The way to proceed is entirely up to you, but our recommended route to follow is the following. Familiarize yourself with the content of this site and then join us on any weekend for a free week trial of our hotComm room. Both Gemsbot and hotComm are free for first time users for a week.
Then on Monday observe the trading signals on the large spreadsheet, which is live, for a full day and take part in our Webinar at 16:15 ET. This will be followed up with an extensive Q&A period where everything will become crystal clear to you. In addition you should join the Q&A periods every Tuesday to Thursday at 16:15 ET, so that by the end of the week you will have received all training necessary to use GemsBot.
In addition every day at 12 noon ET there is a Q&A period in our PalTalk room, where extensive answers are given using a microphone. By taking part in them you will have a clear understanding of the system that should show a positive influence in your trading performance.
Following the above recommended route the video and the audio alerts in PalTalk will make sense to you. If you are happy with the system then it is for our mutual benefit to invite your trading pals to join us and start building a small community of traders around our PalTalk room.
Salient points
In the mean time, the following notes may assist you in understanding the video stream better.
You see three limit order entries for each instrument and when they are filled, the entry price is underlined. The first of the three entries is the basic way we trade with GemsBot.
The trading signals are time stamped. Since there is some lag time if you wish to evaluate them you should mark them on your own trading charts and see whether they are good or not.
Exits are based on trade management and system exits. The removal of the latest entry price that you see is the time to exit a trade, if not already exited when profit target or stop loss occurred.
After a substantial move in one direction the following trend period, which is in the opposite direction, needs extra attention in how to handle it. We call the pattern crossroads and the 2nd leg may be a pullback or reversal and traded accordingly.
GemsBot produces 5 types of trades from the trading signals.
At the start of a trend period we get the Main Trades. The basic one is mentioned above. If the conservative by design limit order is not filled then you shift the price to get a fill when you see a Fast or a Sync alert sign. This alert can only be produced within 1 minute of the initiation of the trend period.
Then we have the Continuation trades, which are scalping in nature. Both the Spread and the Spike trades which unfortunately cannot be shown in the stream due to space limitations.
There are some trade classifications that you see in the stream.
Weak, Normal and Strong Main Trade are classifications that may be used to influence number of contracts traded.
Weak, Normal and Strong Fast trade classifications may be used to guide how far we shift the original entry if we are not already filled.
Triple Trade is shown when Main, Fast and Sync trades develop at the same time.
Stall, Go! and the numbers in between reflect the rate of change of the trend.
The are four levels of Intraday Volatility for each instrument as follows:
Ranging. It is triggered when very small price changes have occurred last few minutes. Trading with the trading Signals produced by GemsBot is of high risk and should be avoided.
Low Volatility. This is the default condition. Minimum Trade Management values are recommended.
Medium Volatility. When volatility increases then the Trade Management values should be increased accordingly.
High Volatility. They occur less frequently than the others, unless we go through a period of high daily ranges. Maximum Trade Management values should be applied.
In addition to the trading signals there is an extra filter for ES trading. It is an ES value that is produced twice a day and we call it "magnet" value. For details see: http://tinypaste.com/92337
There is an interesting pattern that we see whenever markets make a substantial move and with the next trend that follows it. We call it "crossroads". For details see: http://tinypaste.com/62a85
Please ask your friends to join us. The more people they view the video stream, the more time and resources will be devoted to it.
For an innovative system that GemsBot is, there is no need for false testimonials, up front fees, high pressure selling techniques or pretentious performance sheets. Just numbers produced on your computer screen that if you look at them closer your trading performance may improve substantially.
Take your time, look at the trading signals in the video stream, plot them on your charts and when you are ready to start your learning curve with GemsBot join us for a free trial week. No one will pressure you to pay a dime. Our power is the trading signals we produce. You will not regret this experience that may change your life style !