We began our analysis by looking at the S&P weekly chart for a sense of the Ocean “tide,” which indicated that the market had turned bearish as of the close of the previous week (chart not shown).
From there we rolled down to the daily chart for a shorter term snapshot of the market, where we found that not only had the market been under severe internal pressure for two weeks, but there had already been two prior Ocean sell setups and signals that combined had generated more than 25 points ($6,250) of available open equity.
This was before the third daily setup and sell signal (permissioned by the weekly analysis) that we used for our intra-day trade setup shown here.
We then dialed down to a half-day chart (203 minutes) and found another Ocean-based setup and sell signal, which could have allowed us to enter the market more than 9 points ($2,000+) above where the daily signal would have produced an entry, and reduce our risk to assume the trade by almost 50%.
I should mention that for brevity we've omitted the analysis of several additional intermediate time frames (between 203 minutes and 9 minutes) that further confirmed and substantiated our bearish stance (and where many additional Ocean lessons could be taught).
For instance, a 15-minute chart (not shown) offered a very clear additional nested add-on trade worth more than 10 points ($2,500) in using a market-on-close order to exit the trade.
We then dropped to a 9-minute time frame where both NMC and NMC2 offered a signal, supported by the Ocean NMA. Prices quickly declined in our favor without the trade ever putting us in a losing position.
Again, the beauty of the Ocean signals is that the risk is almost always limited to the range of a single bar, and once prices trip an entry, the move usually gets underway immediately. If we have to wait on a trade to start making money, something is probably wrong with it. No hand-wringing while waiting for the market to move works wonders for your emotional state!
We then dialed down to a 5-minute chart where we delicately finessed an entry that required a risk of just over one S&P point (about $300—the range of a single bar) to assume the trade. Additional Add-On trades occurred during the life of the short trade, which could easily have doubled the total trade profit:
Recall the 9-minute compound sell-setup and entry that was also present on the 5-minute chart—where the risk to assume the trade was also in the one point ($300-$350) range and generated more than 12 points ($3,000) of profit using a market-on-close exit, with a trailing lock-in profit stop of the NMA to protect existing open equity.
Even lower time frames (1-minute and 3-minute) offered additional profit potential with even lower risk (less than 1 point, or $250), but there are some things that no one will believe without experiencing it for themselves. This is possible with the Ocean Master Advanced Software, some training and the willingness to adopt a new winning mindset for trading.
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