facebook  youtube  blogger

Edition 774 - May 3, 2019

trading education

Due to technical difficulties, last week's newsletter was postponed until today! 
Thank you for your patience and understanding.  Enjoy!

We will extend our 20% OFF discount on all eBooks until May 8, 2019
Use coupon code during checkout:  ebooks20

Please let us know if you experienced any other issues during this time:

This email address is being protected from spambots. You need JavaScript enabled to view it.

WE APPRECIATE YOUR TRUST IN US

THANK YOU FOR YOUR BUSINESS!

 

Master Trader Joe Ross shares trading education

by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Chart Scan with Commentary: Quick Reversals

One of the better money-making trading patterns is something you might call a “quick reversal.”

These are not the easily identified major reversal bars you see at the end of a swing or trend. The one I will be describing in this issue of Chart Scan requires fast action on your part. The reversal pattern is especially good for scalping in the context of day trading.

A quick reversal is a short 1-day reversal opposite the main trend.

When the pattern is forming it looks like the market is suddenly breaking out in the opposite direction from the trend. However, as the day continues the market quickly changes direction and closes back in line with the main trend.

In the example below, you can see how prices gap down against the trend, and at first appear to be heading down.

However, as the day progresses buyers come into the market who feel that this is a good buying opportunity, and momentum going in the direction of the trend begins again.

This is a short term trade that's designed to take advantage of prices being temporarily out of balance.

Make sure the breakaway day closes in the upper 20 percent of the trading day.

You want to make sure momentum is coming into the market the day before your entry.

Let’s look at this on a daily chart GLD, aka, Spider Gold Trust.

Joe Ross shares trading success with Traders Trick Entry and Ross Hook trading methods example trading education

You need 1-day gap away from the main trend and a close near the high of the day as the best setup for the trade.

The next day is the entry day, and this is the most important time because this strategy moves fast, and you want to make sure you don't miss the momentum coming into the market.

The entry point is above the high that was made on the signal bar which is the gap down bar.

Joe Ross shares trading success with Traders Trick Entry and Ross Hook trading methods example trading education

The best trades get filled at or near the opening bell so you probably want to place a buy stop order just above the gap-day high price. 

This way your trade will be filled automatically when the market trades above the gap high day.

One Important word of caution, do not take signals that occur after the first 2 hours of the trading day. This is a day trade so you want to make sure you have plenty of time for the trade to develop and achieve some degree of profit.

Don't limit yourself and your opportunities by day trading too late in the day when there is less profit potential and less time for trades to develop. Remember! This is a scalp trade. Take your money and run.

© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

Master Trader Joe Ross shares trading education

by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Trading Article:  Hoping to Break Even

Jim has been holding a position for six months. A media analyst predicted the stock would hit $100 by the end of the year. He bought it at ...read more.

© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

We will extend our 20% OFF discount on all eBooks until May 8, 2019
Use coupon code during checkout:  ebooks20

WE APPRECIATE YOUR TRUST IN US

THANK YOU FOR YOUR BUSINESS!

 

Philippe Gautier shares his Instant Income Guaranteed trading education

by Philippe Guartier:  Administration and
New Developments of Instant Income Guaranteed

Trading Idea:  Instant Income Guaranteed

KEM Trade

On 19th February 2019 we gave our Instant Income Guaranteed subscribers the following trade on Kemet Corporation (KEM). Price insurance could be sold as follows:
  • On 7th March 2019, on a GTC order, we sold to open KEM Jun 21 2019 12P @ 0.30, with 106 days until expiration with our short strike about 35% below price action, making the trade pretty safe.
  • On 17th April 2019, we bought to close KEM Jun 21 2019 12P @ 0.15, after 41 days in the trade.
Profit: 15$ per option
Margin: 240$
Return on Margin annualized: 55.64%

Philippe

Receive daily trade recommendations - we do the research for you.

Andy Jordan shares a position trade success trading education

♦  SIGN UP TODAY!  WEALTH BUILDING FOR YOUR FUTURE  ♦

Learn More!
Instant Income Guaranteed

© by Joe Ross and Philippe Gautier. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

EXTRA!   EXTRA!  READ ALL ABOUT IT...

CME Group is aiming to make equity index futures trading more accessible to active traders through the launch of Micro E-mini futures on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes.

"Futures trading has been growing in popularity for active traders all over the world," says Tim McCourt, CME Group Global Head of Equity Index and Alternative Investment Products. "The smaller contract size of Micro E-mini equity index futures will make it easier to more nimbly execute a variety of equity trading strategies, while benefiting from the deep liquidity that CME Group markets offer around the clock."

For more information, CLICK HERE!

 

 

Andy Jordan Educator for Futures Trading Strategies on Spreads, Options, Swing/Day Trading, and Editor of Traders Notebook

by Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and 
Editor of Traders Notebook Complete

Trading Example:

This week, we're looking at short HGK19 – HGN19: short May 2019 and long July 2019 Copper (COMEX at Globex).

Andy Jordan shares a position trade success trading education

Today we consider a Copper calender spread: short May 2019 and long July 2019 Copper (COMEX at Globex). The spread has been trading in a range between 0.50 and -0.90 for almost two months. Will the spread drop below the December low and will it follow its seasonal path to the down-side?

Andy Jordan is the editor for Traders Notebook which shows you Futures Trading Strategies in Spreads, Options, and Swing Trades. Learn step-by-step how to trade successfully.

Traders Notebook Complete
Learn how to manage this trade by getting daily detailed trading instructions, CLICK HERE!
 

© 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.

 

Andy Jordan Educator for Futures Trading Strategies on Spreads, Options, Swing/Day Trading, and Editor of Traders Notebook

by Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and 
Editor of Traders Notebook Complete

Trading Article:  Big or Small? 

Careful risk management is a key component you being able to trade at your best. Comfort level is really important when it…read more.

Andy Jordan is the editor for Traders Notebook which shows you Futures Trading Strategies in Spreads, Options, and Swing Trades. Learn step-by-step how to trade successfully.

Traders Notebook Complete
Learn how to manage this trade by getting daily detailed trading instructions, click here!
 

© 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.

 

Marco Mayer shares trading success with Ambush Trading Method example trading education

by Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading MethodAmbush Signals, and Head of AlgoStrats.com

Ambush extends its crazy rally in the Australian Dollar!

The Ambush trading method is specialised in catching intraday market tops and bottoms in a variety of Futures markets. Including the Australian Dollar Future (6A) traded at the CME, where Ambush Traders are having an amazing time so far in 2019.

Ambush day trades on an end-of-day basis so there’s no need to even check the markets during the day.

Some of you might remember the last time we had a look at the Aussie Dollar in February. Till then Ambush showed an amazing performance trading that currency in 2019. But how did things go on from there? Was it worth buying the Ambush eBook or signing up to Ambush Signals to take the following trades?

The answer is a clear YES. The 6A just kept on moving in tight ranges and has been trading between about 0.71 and 0.73 for the whole year now. Just perfect conditions for Ambush allowing the Australian Dollar to make new equity highs in its Ambush performance.

Marco Mayer shares trading success with Ambush Trading Method example trading education

That method still was able to capture some nice profits, often getting in at the top/bottom of a day’s range!

Once you realise that this isn’t that uncommon but that it’s exactly what the markets do most of the time don’t you want a strategy that works well under such conditions?

Where is the Australian Dollar going next? For sure to either the top or the bottom of the trading range it’s in. As Ambush Traders we don’t mind, we’ll be there ready to sell to or buy from the novice traders who’ll then accelerate our profits as they got to get out of their next losing trade.

Here’s the result of all of these trades, trading one Australian Dollar Index (6A) contract, including $10 commissions/slippage per trade. We’re up over $4000 in the Aussie Dollar now, and that’s just one of many markets Ambush covers!

Marco Mayer shares trading success with Ambush Trading Method example trading education

Now if you’ve been on the other sides of these trades trying to buy the breakouts you maybe should think about switching sides!

Join us and become an Ambush Trader!

TWO WAYS TO JOIN US
AND BECOME AN AMBUSH TRADER!


1) AMBUSH SIGNALS
OR
2) AMBUSH EBOOK
READ ON....

With Ambush Signals you can easily follow Ambush, a system specialized in catching intraday market tops and bottoms in the Futures markets!

The most popular and easiest way to follow Ambush is Ambush Signals. It does all the work for you, allows you to customise what markets you want to see and has a position sizing tool implemented to automatically adjust the positions to your risk preferences.

Each day around 6:30 pm NY Time the Signals are available for you on the Dashboard. You can then place your orders and literally walk away until the next market close! To find out more about the details of Ambush and how Ambush Signals works, have a look at the Ambush Signals Website.

Let’s be realistic. Following any System can be tough, especially in the beginning. It simply needs time to build the confidence needed to make it through inevitable drawdowns. So what if you are unlucky and don’t catch a good start right away?

I want you to succeed trading Ambush Signals, so here’s something for you that will strongly increase your odds of success and allow you to easily gain the confidence you’ll need to become a long-term profitable Ambush trader.

Find out more about Ambush eBook and Ambush Signals!

Did you come up with questions?  Don't be shy, email Marco Mayer, he wants to hear from you!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Sign up for Ambush Signals Today!

LEARN ABOUT AMBUSH TRADING METHOD

© 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.

We will extend our 20% OFF discount on all eBooks until May 8, 2019
Use coupon code during checkout:  ebooks20

WE APPRECIATE YOUR TRUST IN US

THANK YOU FOR YOUR BUSINESS!

Check out our Blog!

To view previous published Chart Scan newsletters, please log in or click on "Join Us,"
shown above, to subscribe to our free "Members Only" section.

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 2019 Disclaimer - Published by Trading Educators, Inc.
Chart Scan is a complimentary educational newsletter.

© by Trading Educators, Inc. Re-transmission or reproduction of any part of this material is strictly prohibited without prior written consent.

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.