Edition 788 - August 9, 2019

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

Chart Scan with Commentary: Classic Pattern

Joe! Does classical chart analysis still work in today’s crazy markets? I wonder how it could be when you consider the volatility in the markets, the insane political situation, and the amount of not-knowing what the Fed will do next!

Human behavior remains quite consistent even in seemingly crazy markets. Markets are driven by human emotion. That’s why trading is an art form and not really scientific or mathematical.

Take a look at the following chart. It is current as of March of 2019. As you will see, it is as classical as it could possibly be.

Classic 1-2-3 low, followed by Ross Hooks, formed a double top (DT), while in consolidation (SC). The hollow arrow shows where consolidation started. It is the furthest bar back that most typifies prices during the consolidation. Prices have been in consolidation for 17 bars. The red dotted line is half-way between the low and the high of consolidation, which is the vertical center of the consolidation. The DT could very well be the beginning of a turn in trend. However, it is not clear yet which way prices will break out.

© 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:  Creative Idea

​The winning trader stays ahead of the crowd. In ever-changing market conditions, you have to think of new, innovative trading ideas. But it isn't always easy. There are times when you feel mentally stuck and unable to think creatively. When you are feeling....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

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

Trading Article:  I just can’t seem to accept uncertainty and risk. What can I do?

I’ll try to give you a few things to think about, but unless you can overcome your inability to accept risk, you don’t have much of a chance to make it as a trader.

Trading and risk are virtually one and the same. Shorter-term trading isn't about …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.

 

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.

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.

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A WEALTH OF INFORMATION & EDUCATION:
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Note: Unless otherwise noted, all charts used in Chart Scan commentary were created
by using Genesis Financial Technologies' Trade Navigator (with permission).

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