Edition 786 - July 26, 2019
Futures Spread Trading is the best kept secret in trading!
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by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Chart Scan with Commentary: Descending Flags
In Chart Scan 784, we looked at a descending flag formation on gold futures. Here’s a review of what was written:
Look at some statistics about the descending flag:
Descending Flag statistics
– In 87% of cases, there is an upward exit.
– In 90% of cases, it shows a continuation pattern.
– In 62% of cases, the target of the pattern will be reached .
– 76% of cases, it occurs when the price is at the highest third of its annual range.
– In 10% of cases, a pullback occurs on the support.
The more the previous movement precedes the formation of the descending flag it is powerful, the more the bullish breakout will be strong.
The flags performance is not as important when it is oriented in the direction of the trend.
A descending flag with narrowed lines performs more than a flag with outspread lines and is more powerful if there is no false breakout. Based on statistics, I would have to say the bias should be to the upside for gold.
Now let’s look at what transpired since article 784 in Chart Scan was written.
An old-fashioned way of projecting how far prices will move is by taking the height of the flagpole 49.5, and adding it to the base of the flag 1304.7. The result is a projection to 1354.2. Of course, this is not rocket science, but you would be amazed at how often the projection comes true give or take a few ticks.
© 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.
by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed
Trading Article: Concentration
Your ability to concentrate fully and intensely can mean the difference between consistently taking home huge profits and barely staying above water. It's really important that you pay attention to....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.
by Philippe Guartier: Administration and
New Developments of Instant Income Guaranteed
Trading Idea: Instant Income Guaranteed
CVS Trade
On 7th July 2019 we gave our Instant Income Guaranteed subscribers the following trade on CVS Corporation (CVS). Price insurance could be sold as follows:
- On 8th July 2019, we sold to open CVS Aug 23 2019 49P @ 0.45, with 38 days until expiration and our short strike about 12% below price action.
- On 11th July 2019, we bought to close CVS Aug 23 2019 49P @ 0.20, after 3 days in the trade, for quick premium compounding
Profit: 25$ per option
Margin: 980$
Return on Margin annualized: 310.37%
Philippe
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© 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.
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Futures Spread Trading is the best kept secret in trading!
CLICK HERE! Traders Notebook Complete
Coupon Code: tn50
6-Month and 1-Year Subscriptions - SPECIAL 50% OFFER
Offer ends July 31, 2019
by Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and
Editor of Traders Notebook Complete
Trading Article: Beginning traders their main mistakes
There are several major mistakes that traders, especially beginning traders, are making much of the time. Here is a (for sure not complete) list.
Mistake #1…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.
Futures Spread Trading is the best kept secret in trading!
CLICK HERE! Traders Notebook Complete
Coupon Code: tn50
6-Month and 1-Year Subscriptions - SPECIAL 50% OFFER
Offer ends July 31, 2019
by Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading Method, Ambush Signals, and Head of AlgoStrats.com
The Russell 2000 is simply too easy to trade right now!
The Ambush trading method is specialised in catching intraday market tops and bottoms in a variety of Futures markets. Including the Russell 2000 Mini Future (RTY/M2K) traded at the CME, where Ambush Traders keep on cashing in big time again over the last couple of months!
Ambush day trades on an end-of-day basis so there’s no need to even check the markets during the day.
The Russell 2000 a very popular market out there among traders. It has two of the most important things private traders are looking for liquidity and volatility. I won’t even include a daily chart here as it does look quite boring. To keep it brief, the Russell is trading in a wide range for a long time now. Perfect conditions for Ambush and so this has paid out big time, here are all the recent trades:
Yes, that’s over $6000 within just three month and not even 20 trades! Which means Ambush traders made over $300 on average per trade doing nothing more than placing one entry order per day. I guess most active day traders made a lot less…but their brokers rich!
Now those are huge amounts if you have a small account and you might not want to make or lose hundreds or dollars per trade. Thanks to the new Micro Russell 2000 Mini Contracts (M2K) this is not an issue anymore. You can trade these with a small account now. Here are the results trading one M2K contract:
If that is not enough bang for the buck simply size it up and trade two contracts or three. It’s so great now you can position size as you like exactly matching your risk preferences!
In either case you have to ask yourself if you really can afford to miss out on these trades!
So whether you’re trading a $10k account or a $100k account, Ambush has the right markets for you to start following the signals.
Again, ask yourself if you really can afford to miss out on these trades or at least be aware of the signals? Now if you’ve been on the other sides of these trades trying to buy the breakouts you maybe should think about switching sides?
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.
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© 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.
Futures Spread Trading is the best kept secret in trading!
CLICK HERE! Traders Notebook Complete
Coupon Code: tn50
6-Month and 1-Year Subscriptions - SPECIAL 50% OFFER
Offer ends July 31, 2019
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