Edition 1107
January 9, 2026
Learn the Art of Trading Joe Ross' Way!
"If there is, in fact, a Heaven and a Hell, all we know for sure is that Hell will be a viciously overcrowded version of a trading floor." -- Master Trader Joe Ross
HAPPY NEW YEAR!
We hope you joined us in taking a break to reconnect with family, friends and reflecting on goals moving into 2026. Joe Ross' teachings are still relevant in today's markets. These articles are provided to teach and show you another way at learning the art of trading. A few exciting new changes to website and product availability will be announced by end of first quarter.
An update on Joe's lovely bride of almost 62 years, our mother, Loretta is still very happy and continues to sing filling the nursing home with her beautiful voice. The surprised look from others with a powerful voice coming from such a tiny woman, it brings a lot of joy. Please continue to keep Loretta in your prayers, over the past few months she can't quite tackle this nagging cold so a few extra thoughts her way would be appreciated. For those of you that met her while along Joe's side, her spirit is still very alive inside, but the late stages of dementia have taken her recollection and memory. However, her feisty spirit lives on. Thank you for your continued support with Trading Educators and know that she is our first commitment and priority.
Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Chart Scan with Commentary: Classic Law of Charts™ Formations
Welcome to this week's issue of Joe Ross' Chart Scan™ Newsletter. Each week we will show you an example of how to apply The Law of Charts™ according to Joe's teachings with price action in futures or stock markets. Even though his trading examples are from past years, his techniques still apply today and the material will continue to be relevant. Let's start learning to trade Joe Ross' way.
Joe Ross' Law of Charts™ is a simple trading concept that works in any market and any time frame. If you don't have a copy of The Law of Charts™, check for link provided when signed up for newsletter or send us an email.
Chart Scan is not a trading advisory. Chart Scan was created to show you The Law of Charts™ in action. The Law of Charts™ works in all markets and in all time frames. It works with bar charts, candlestick charts, line charts (as used with spreads), and point and figure charts. Part and parcel with the Law of Charts™ is an implementation of the “Law” using the Traders Trick Entry™ (TTE). You can sign up for both the “Law” and the “Entry” at any time by clicking this link.
This week we look at the E-Mini Euro FX 10 minute chart:
Recently, with the beginning of a dollar rally in effect there are certain things we should notice.
First, when everyone is short a currency the preponderance of traders left to buy are the shorts, who need to cover in order to take a profit. It seems that in the last few weeks, dollar bulls were virtually nowhere to be found and virtually no one wanted to hold dollars. We see this situation reflected in the daily charts of both the Dollar Index and also in the forex daily charts of euro/dollar. Euro had moved to over 1.34 euros to the dollar. The Law of Charts™ accurately reflected this situation. However, it was a foregone conclusion that at some point in order to take profits, someone would have to begin buying dollars and selling euros in order to profit from both sides of the trade. When those dollar bears began to buy, they were joined by dollar bulls to the extent that buying has now overcome selling.
We see that reflected here on the 10-minute chart in classic Law of Charts™ formations. The Law of Charts™ can only and does always reflect the truth about human action and reaction to events that underlie the markets.
There we three opportunities on Friday to join the euro selling: All three were Traders Tricks: First was getting in ahead of a violation of the #2 point of a 1-2-3 high; Second and third were getting in ahead of a violation of a Ross hook™. Please note that the definition of a Ross hook™ includes the statement, that:
Any failure by prices to continue in the direction of the move subsequent to a breakout of the #2 point of a 1-2-3 formation is a Ross hook™.
If you want to learn more about "The Law of Charts™" and many tips and tricks that make it easy for you to use it in your trading to start trading profitably, click here.
© by Joe Ross, first release 2005. Re-transmission or production of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Trading Article: Obvious Trend Direction
Try to see the obvious trend direction found on any chart. If you can not decide what that trend is, turn the chart upside down, or ask a child to look at a chart and tell you if the market is going up or down. Children are naturally creative and honest. They see things adults tend to...read more.
© by Joe Ross first release 2005. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
This newsletter and future publications are created to keep Master Trader Joe Ross' lessons readily available to traders that want to learn and improve their skills and to show his written word is still very relevant in today's trading world. He passed away on September 7, 2021 and will be greatly missed, but his writings will stand the test of time for generations to come. Take it to heart and learn from the best through Joe Ross' trading examples and articles which have impacted thousands of traders on every continent for over 60 years. Time to start learning the art of trading Joe Ross' way.
Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, and Day Trading, and Editor for 20+ years with Traders Notebook, daily advisory newsletter.
Andy is talking about one of the most important topics in trading, the trading plan. Don't miss this series.
© by Andy Jordan. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading Method, Ambush Signals, and Head of AlgoStrats.com
Learn all you need to know about our new Ambush Signals service during this presentation by Marco Mayer. What is the Ambush System, what's the idea behind it and how does Ambush Signals make trading Ambush so much easier! Find out more about Ambush and Ambush Signals at http://ambush-signals.com
Marco Mayer announced in 2016 a new AlgoStrats service was launched: Ambush Signals for Futures. This is how it all got started....read more.
The Ambush Trading System was created in 2009 by Marco Mayer. Since then it proved itself in the markets for over a decade and did so with exceptional results. It's the only trading system we're aware of that is still going strong after so many years. While Ambush is a day trading system, meaning you will always enter and exit on the same trading day - you don't have to sit in front of your trading screen. You simply place your entry orders when the trading session starts and come back at the close!
© by Marco Mayer. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.
Even though Master Trader Joe Ross passed away September 7, 2021, his trading knowledge of over 60 years will carry a trading legacy and will live on. As you learn about Joe Ross and understand what he was trying to teach his students, you will find that within his writings, he had a very special gift. Most importantly, it was his students that kept him striving to provide comprehendable trading material to actually teach traders and become independent, to rely on anyone, but themselves.
Joe Ross has been trading and investing since his first trade at the age of 14, and is a well known Master Trader and Investor. He was able to survive all the up and downs of the markets because of his adaptable trading style, using a low-risk approach that produces consistent profits.
Joe is the creater of the Ross Hook™ and has set new standards for low-risk trading with his concepts of "The Law of Charts™" and the "Traders Trick Entry™." Joe was a private trader and investor for much of his life, but a serious health situation in the late 80's caused him to shift his focus, and that is when he decided to share his knowledge. After his recovery, he founded Trading Educators in 1988, to teach aspiring traders how to make profits using his trading approach.
Joe Ross has written twelve major books and countless articles and essays about trading. All his books have become classics, and have been translated into many different languages. His students from around the world number in the thousands. His file of letters containing thanks and appreciation from students on every continent is huge: As one student, a successful trader, wrote: "Your mastery of teaching is even greater than my mastery of trading".
Joe Ross holds a Bachelor of Science degree in Business Administration from the University of California at Los Angeles. He did his Masters work in Computer Sciences at the George Washington University extension in Norfolk, Virginia. He is listed in "Who's Who in America." After 5 decades of trading and investing, Joe Ross still tutors, teaches, writes, and trades regularly. Joe is an active and integral part of Trading Educators. He is the founder and contributor of the company's newsletter Chart Scan™.
Learn the Art of Trading Joe Ross' Way!
"If there is, in fact, a Heaven and a Hell, all we know for sure is that Hell will be a viciously overcrowded version of a trading floor." -- Master Trader Joe Ross
Dear Traders,
Master Trader Joe Ross passed away September 2021, and prior years he was continously sending me folders filled with Chart Scan and Trading Articles. The emails would be titled "More to follow" and I would reply, "Keep'em coming". I am calling these lessons "hidden vault" material because if Joe were still alive, this is exactly what would be shown in your inbox every Friday morning. He would refer to it with such passion, "This is good stuff" and had such a passion for teaching his students.
As we continue to receive newsletter sign ups, new students from every continent will start to learn trading Joe's way especially in this challenging market. This is where he would reinforce to his students, yes, that includes you, that learning to trade is possible even in this environment, "A chart, is a chart, is a chart". His writings will stand the test of time to provide teaching lessons and guidance.
The proceeds of Trading Educators will continue to support Joe's wife, Loretta, of 62 years of marriage, which she is our number one priority. We thank everyone with continued support and prayers for her well-being in late stages of dementia.
As expressed in the past editions, the trading world has lost a unique and passionate trader and his material will continue to be relevant. Let's start learning to trade Joe Ross' way with our future Chart Scan publications. I am here to help, so feel free to email me with any comments, questions or concerns.
This newsletter and future publications are created to keep Master Trader Joe Ross' lessons readily available to traders that want to learn and improve their skills. Our father passed away on September 7, 2021 and will be greatly missed, but his writings will stand the test of time for generations to come. Take it to heart and learn from the best through Master Trader Joe Ross' trading examples and articles which have impacted thousands of traders on every continent for over 60 years.
Happy trading,
Martha Ross-Edmunds
© by Trading Educators, Inc. Re-transmission or reproduction of any part of this material is strictly prohibited without prior written consent
Joe's philosophy for helping traders is:
"Teach our students the truth in trading - teach them how to trade."
and
"Give them a way to earn while they learn - realizing that it takes time to develop a successful trader."
Joe sets forth the mission of Trading Educators as follows:
To show aspiring futures traders the truth in trading by teaching them how to read a chart so that they can successfully trade what they see, and by revealing to them all of the insider knowledge they need in order to understand the markets.
To enable them to trade profitably by training them to properly manage their trades as well as their mindset and self-control.
To accomplish our mission for our students we educate them so that they know and understand:
Benefits for Our Clients:
- Where prices are likely to move next.
- Independence from complicated trading methods, magic indicators, and black-box systems.
- Independence from opinion, anyone's opinion, including their own.
- Independence achieved through knowing how to read a chart.
- Independence through having knowledge of insider actions.
- Independence achieved by taking holistic and eclectic approaches.
- Independence coming from knowing how to manage both the trades and themselves.
- Independence because they understand and trade what they see.
- Independence because they have learned how and why prices move as they do, through studying the truth in trading and the truth about markets.
Students learn only proven methods and techniques, which helps them to preserve capital and create more consistent profits; they are offered simple methods that will assist them to earn while they learn.
- They learn to work smarter and more effectively.
- They learn to treat trading as a business; we offer no Holy Grail or magic systems.
- They learn to adapt to changing market conditions.
- They learn a systematic approach to trading rather than a mechanical system for trading.
- Why prices will move there.
- Who and what cause prices to move.
- How far prices are likely to move when they do move.
- Their own role in the movement of prices..
- How to take advantage of the knowledge they receive.
- How to properly manage and exit a trade which they have entered.
- How to manage themselves and acquire the discipline needed to become successful traders.
Read some personal testimonials which Joe has received.
WE APPRECIATE YOUR TRUST IN US AND THANK YOU FOR YOUR BUSINESS!
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A WEALTH OF INFORMATION & EDUCATION:
Joe Ross-Trading Educators' popular free Chart Scan Newsletter has been published since 2004.
Note: Unless otherwise noted, all charts used in Chart Scan commentary were created by using Genesis Financial Technologies' Trade Navigator (with permission).
Legal Notice and Copyright 2026 - Published by Trading Educators, Inc.
Chart Scan is a Complimentary Educational Newsletter.
