Short Term Trading

Futures

Edition 740 - August 17, 2018

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

Ambush keeps on hitting new all-time equity highs in 2018, get the eBook before its price hits a new all-time high too!

Marco Mayer is offering you a very special deal, so keep reading to the end!

You all know what’s going on from our regular Ambush updates and samples in Chart Scan. Correct, Ambush is hitting new equity highs again this year, just like it did in previous years.

I won’t go into too much detail here, but you can find out more on my Performance Page with sample portfolios and the long-term performance on each of the Ambush Markets!

To give you an overall picture, let’s take a quick look at the Ambush All Stars Large Portfolio:

Ambush has been around for more than 10 years and that’s really exceptional for a trading system. Actually, it’s the only one I know that’s been around for that long. As markets tend to change, I review Ambush once a year for any necessary changes to adapt to changing market conditions. The last time any changes were required was back in July 2015!  As you can see on the chart, Ambush kept on performing as expected since then in live trading. Those of you who have tried and followed other trading systems know how rare that is in the real world. Most systems (and traders) just implode once they “go live“. But Ambush kept on proving itself in a huge variety of markets like equity indices, currencies, bonds and commodities.

What happens when a trading system actually keeps on doing well in the markets over many years after it’s "live" while almost all other systems fail?  That's right, it becomes more valuable. You obviously cannot expect to pay the same price for a trading system that just performed well in a backtest as for one that proved itself going forward.

Because of this, over the years, we have regularly raised the price of the Ambush eBook. While it was available for just $899 back in 2015, it’s price more than doubled to $1,799 this year!

What’s next? Will its price crack the $2,000 in 2019? We can’t say for sure, but right now it looks like it might go well above!

Buying the eBook now will be a real bargain!  But there's more. As traders, we know how bad it feels to have to pay a high premium because you missed out on an opportunity in the past. So here’s a very special offer just for you!  Purchase today the Ambush eBook for 30% off, that’s over $500 and gives you the opportunity to purchase the eBook at the low price of 2017!  Simply use the coupon code "Ambush30" during checkout!

Use Coupon Code, Ambush30, during checkout to recieve 30% off my eBook!

This is a rare special and it is only valid for a few days, August 20th. Hurry up and don’t miss out!

Happy Trading!

Marco

Feel free to email Marco with your trading questions, This email address is being protected from spambots. You need JavaScript enabled to view it..

© 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.

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

Chart Scan with Commentary:  Ledges

Some time ago I received a chart with the question: "Where is the ledge?"

Below you see the chart with the ledge as I drew it. In order to understand the concept, you have to know how a ledge is defined within The Law of Charts In-Depth Webinar. A ledge comes when prices are trending or swinging. It consists of 4 to 10 bars, and has two matching or close-to-matching highs and two matching or close-to-matching lows. There must be at least 1 price bar between each of the matches. In the case below there were several bars between the matches. Entry is made when prices break out in the direction of the most recent swing or trend. Entry would be 1 tick below the low of bottom marker defining the ledge at 142^00. The matching lows were 142^02 and 142^01. The swing in this case was down from approximately 145^28 to 142^01.

© 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:  Fighting Spirit

When trading the markets, you can’t merely sit back and wait for the profits to roll in. You have to take an active approach to trading. You must search the markets for new opportunities. That can mean looking through stacks of boring reports, scanning through a hundred charts, or working as an amateur specialist to see if anything can give you an insight as to how prices will move. If you want to trade the markets profitably these days, you have your work cut out for you. How can you get yourself motivated to persist in such a demanding, challenging field? There are three key strategies that can help you get motivated when you are feeling challenged or beaten down: (1) Cultivate a fighting spirit, (2) set up an alternative reward system, and (3) focus on the process not the prize.

Traders often walk a tightrope between arrogant and unrealistic overconfidence and feelings of incompetence and inadequacy. When we feel beaten down, we have a natural need to lift our spirits. Most people's confidence is severely shaken when frustrated. Their knee-jerk reaction is to feel arrogant overconfidence. They build themselves up to the point where they are unrealistically optimistic. But it is vital to remain realistic, ready to face setbacks head on and unafraid to look at your limitations. It’s better to cultivate a fighting spirit. What is a fighting spirit? When approaching a problem with a fighting spirit, you set a realistic course of action. You look at the reality of your circumstances and take an active problem solving approach to get ahead. One does not arrogantly believe that anything can be accomplished, but optimistically and realistically devises a plan to get ahead, and once a plan is set, a person with a fighting spirit works hard to make a plan come to fruition.

Although profits are an obvious and natural reward for trading efforts, they may not be forthcoming or closely tied to the amount of work we put in. A single-minded focus on profits is likely to impact your mood in adverse ways. Your mood will rise and fall with your profits and losses. Setting up an alternative reward schedule will provide more consistent rewards and will allow you to persist even when faced with a losing streak. Reward yourself after putting in a fair amount of time and effort toward achieving your goals (the end of each day, for example). Buy yourself a nice dinner or do something you find enjoyable. By patting yourself on the back for your efforts, you'll consistently feel satisfied with your performance, and this will keep you feeling optimistic and motivated.

Finally, it is essential to focus on the process, not the prize. Trading is about making money, but the irony is that if you focus on the outcomes of your trades, you'll put excessive pressure on yourself and choke under it. By focusing on intrinsic rewards, you'll feel more comfortable and creative, and trade more profitably in the long run. It may seem counterintuitive, but by focusing on the process of trading, rather than profits, rewarding yourself for effort rather than outcome, and cultivating a fighting spirit, you'll be willing to work hard and make huge profits trading the markets.

© 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 Example:  Instant Income Guaranteed

CBD Trade

On 25th Jul 2018 we gave our Instant Income Guaranteed subscribers the following trade on Companhia Brasiliera de Distribuicao (CBD). Price insurance could be sold as follows :

• On 26th Jul 2018, we sold to open CBD Sep 21 2018 17.5P @ 0.20 , with 55 days until expiration and our short strike about 21% below price action.
• On 6th Aug 2018, we bought to close CBD Sep 21 2018 17.5P @ 0.10, after 11 days in the trade for quick premium compounding.

Profit: 10$ per option

Margin: 350$

Return on Margin annualized: 94.81%

Philippe

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

♦  SIGN UP TODAY!  THIS IS WORTH THE INVESTMENT  ♦

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. 

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

Trading Example:  Develop a Trading Plan

The main message I want traders to understand is how important the disciplined execution of a well thought out trading plan is in today's markets. Nobody knows for sure what a given market will do next. Having a plan of attack will allow you to successfully cope with the uncertainty that is an inherent part of trading. I think it makes good common sense to have a well thought out plan of attack for trading all markets.

Make time to study and organize a trading plan for each and every trading day. This is a serious business that requires dedication and discipline to succeed. Arm yourself with the best tools you can find and make sure your own personal armor has no weak points. Trade with an objective of doing the right thing, which is sticking to rules!! Making money, which is a second objective, derives from sticking with your trading plan. Let your strengths be in that you are a trader who is able to take losses quickly and think defensively. Learn to use a time stop and if prices are not moving your way when you expect them to, get out. Also, be quick to take some profits when they are there but leaving the bigger part of your position in the market in case the move is strong in the direction you want it to go.

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.

Click Here for Valuable Information about Traders Notebook

© 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.

 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 2018 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.

Short Term Trading

Futures

Edition 739 - August 10, 2018

Over the last two weeks, over $7,500 in profitable trades!  Scroll down to
Marco Mayer' s Ambush Trading Method, this deal you won't want to miss!. 

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

Chart Scan with Commentary:  Spreads

Recently, during our Italian spread seminar, May 24-25 I gave two examples of observation spreads.  With an observation spread you truly trade what you see—one market going up while the other goes down; or, one market going up while the other is moving sideways; or both markets going up or down, but one is moving much faster than the other.

In the Live Cattle-lean hogs trade shown below, cattle prices are rising, but hog prices remain in a sideways trading range.

In the soymeal-soybean trade above, prices in each leg of the spread are falling, but soybean prices are falling faster, and more steeply than soymeal prices.

In any event, if you stop staring at a day trading screen and look around you’ll see plenty of opportunities like the spreads above.

© 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:  Perspective: Winners VS. Losers

We all want to feel like winners. Winning makes us feel on top of the world, as if we can do anything. But in the trading business, the bottom line is how much money you make in the end. As I’ve mentioned in past issues of Chart Scan, best way to monitor your performance is to use a win-loss ratio, but there are many different ways to calculate this statistic, and each have advantages and disadvantages.

The first issue to consider when calculating a win-loss ratio is to decide on a reference point to use for your calculation. It's up to you, and it depends on how many trades you make. If you only make 10 trades a year, it makes sense to use a year as your reference point. If you make 10 trades a day, in contrast, you may want to use a day as a reference point. Most people would probably use a week or a month. Specifically, the win-loss ratio would be based on all trades made in the reference point. For example, if you decided to use a month as your reference point, you would calculate the win-loss ratio based on all the trades you made in a month.

The second issue is to decide which formula to use to calculate the win-loss ratio. There are at least three ways. In the first way, traders compare the number of winning trades to the number of losing trades. The dollar amounts are ignored. For example, if you made 10 trades in a week, and 6 trades were winners and 4 trades were losers, you would divide winners (6 trades) by losers (4 trades), and end up with a value of 1.5. Values greater than 1 indicate that you are winning overall (based on a reference point of a week), whereas values less than 1 indicate that you are losing overall. Some trading experts criticize this approach because it is easy to distort this statistic. If you know, for example, that you have made 5 losers and 5 winners, you can make a few small winning trades that produced relatively little profits and make yourself come out as a winner. It is argued that because the dollar amount is not built into the ratio. it provides a biased picture.

A more formal approach, which is often used in the money management strategy developed by John Kelly, uses the average dollars won and lost across a series of trades in a reference point, such as a month. For example, if you made 20 winning trades and 80 losing trades in a month, you would calculate the mean dollars won across the 20 winning trades and the mean dollars lost across the 80 losing trades. Once you have the two averages, you would simply divide the average dollars won by the average dollars lost. Again, values greater than 1 indicate that you are winning overall, whereas values less than 1 indicate that you are losing overall (across the reference point). The advantage of this approach is that the actual dollars won or lost are taken into account. The disadvantage is that an average, or mean, may not provide an accurate view of how much money is won or lost.

The disadvantages of these two approaches have led us at Trading Educators to suggest using a modified version of the win-loss ratio. We suggest taking the total amount of money you won across a series of trades and divide it by the total amount you lost. For example, if you made 20 winning trades and won a total of $5000, and made 15 losing trades and lost a total of $4000, you would divide your wins by losses and end up with a value of 1.25. (It may also be useful to multiply this value by 100 to remove the decimal).

There is no one right way to trade, and there is no single correct way to calculate the win-loss ratio, but whatever you decide, it is useful to monitor your performance. By calculating a win-loss ratio, you remove some of the mystery and uncertainty in trading. You know where you stand, and you will be more aware of where you have been and can think more clearly about where you are going.

© 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 Example:  Instant Income Guaranteed

KEY Trade

On 19th Jul 2018 we gave our Instant Income Guaranteed subscribers the following trade on KeyCorp (KEY). Price insurance could be sold as follows:

• On 23rd Jul 2018, on a GTC order, we sold to open KEY Aug 31 2018 18.5P @ 0.15 , with 37 days until expiration and our short strike about 10% below price action.
• On 30th July 2018, we bought to close KEY Aug 31 2018 18.5P @ 0.05, after 7 days in the trade for quick premium compounding.

Profit: 10$ per option

Margin: 370$

Return on Margin annualized: 140.93%

Philippe

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

♦  SIGN UP TODAY!  THIS IS WORTH THE INVESTMENT  ♦

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. 

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

Trading Example:  Traders Notebook

This week, we're looking at -ZLZ18+2xZLN19-ZLZ19 Butterfly Spread: short 1 December 2018, long 2 July 2019, short 1 December 2019 Soybean Oil (CBOT on Globex).

Today we consider a Soybean Oil Butterfly spread: short 1 December 2018, long 2 July 2019, short 1 December 2019 Soybean Oil. The spread looks a bit wild with many ups and downs but has found support around 0.6 several times and has been following nicely its seasonal pattern. As long as this level holds, the spread has a good chance to move higher. Traders have to “leg-in” into the spread by selling and buying each leg separately or by selling and buying the spreads involved (December 2018 – July 2019 and July 2019 – December 2019).

Do you want to see how we manage this trade and do you want to get detailed trading instructions every day?
Click here for additional information!

Did you miss our 50% off Summer Sale?

Use Coupon Code During Checkout
tn35
To Receive 35% off!
Hurry Sale Ends on the 24th!

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.

Click Here for Valuable Information about Traders Notebook

© 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

In two weeks, Ambush Trading Method made over $7,500 in PROFITS!

Ambush Trading Method has a proven track record.  The last few Chart Scan Newsletters have given you examples of winning trades and you can be in on them:

Edition 738

Edition 737

A SPECIAL DEAL IS COMING YOUR WAY!!

Be on the look out for next week's Chart Scan Newsletter, just for our subscribers!

Here is a recap of last week!

Ambush Traders keep on dominating the Natural Gas market

The Ambush trading method is specialized in catching intraday market tops and bottoms in a variety of Futures markets. Including the Natural Gas Future (NG) traded at the NYMEX, where Ambush Traders are having an amazing run for months now.

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

As you might know, Natural Gas is one of the all time favorite markets for Ambush. And looking at the following chart it becomes clear why. It’s one of the least trendy markets out there. Like all markets it goes sideways most of the time but even when it trends it’s doing so in a slow manner. Just have a look on the chart and ask yourself what kind of trader you want to be. The one making money on the rare occasion of NG trending (blue arrows) or during the remaining 90% of the time (red boxes).

Here’s the result of all of the trades you can see on the chart, trading one NG contract, including $10 commissions per trade. Yes, that’s over $4620 trading just one contract with a winning rate of over 75% and a profit factor of over 4!

Don’t miss the next trade and become an Ambush Trader!

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

If you’d prefer to generate signals on your own and want to know the exact trading rules of Ambush, purchase the Ambush eBook.

Happy Trading!

Marco

Feel free to email Marco with your trading questions, This email address is being protected from spambots. You need JavaScript enabled to view it..

© 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.

 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 2018 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.

Short Term Trading

Futures

Edition 738 - August 3, 2018

Last week a $3,775 profit and this week a $4,620 profit, what?!?  
Scroll down to Marco Mayer's trading article about Ambush Trading Method. 

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

Chart Scan with Commentary:  Law of Charts in Depth

I would like to share answers to several questions from my students about the The Law of Charts free material and The Law of Charts In-Depth Webinar, and how to handle short term trading at daily bars when I am not a scalper.

Student #1. When is first tradeable opportunity to trade solo 123 High or Low? The pivot point, then 4 times / or 5 times / HH and HL? / or LH and LL / then two correction bars and TTE is possible?  Two correction bars and TTE is possible?  I am not sure what this student is asking.  No matter that this is in congestion or trading range?  Never trade TTE in congestion.  However, if you have a TTE followed by a RH within the congestion, you can use TTE to get in early before the point of the RH is violated.

How long must be previous swing in order to allow to trade solo 123 formations in the direction of this swing ? / or opposite direction /?  1-2-3 must occur at the end of a trend or swing.  There is no way to tell you “how long,” it is a matter of judgment based on what you see. In general, a trend is a series of higher highs and higher lows (opposite for a downtrend). A swing must be a leg that takes you beyond any consolidation.

Student #2. Where should you take profit from trading daily Reverse bar which goes in opposite direction to swing or trend ? When is no present RH
or 2 point? Should that be closest next Daily paper if there is room available/?  Or at trading Reverse Bars is this not important?  I would not take any reversal bar unless it is at the end of a trend or swing.  If prices are in congestion, then the reversal bar must have its extreme point outside of the congestion. Be very careful about this.

Student #3. If I don't want be a scalper at daily bars. What is essential for taking profit? By scalping to take a quick profit after 7-10 pips, and then move Stop Loss to Break Even. This is a good plan. You have to experiment about which works best for you.

In the case of an hourly chart – If prices are in a 10 hour cluster would you take 30 pips /or more/ and time stop. Time frame has nothing to do with it. You want to be paid to trade.  Take money as soon as you can—all of it or part of it.

But at daily bars when I am not a scalper ? Take some money off the table, and then set a trailing stop as you prefer.  The main thing is to get paid to trade no matter what the time frame.

Is it most effective to let profits grow at least 30- 40 pips  and then move SL at BE ? I cannot answer this. You must decide on what works best for you. There are no rules for how many pips you should try to take.  Just stay within your account size and don’t overtrade. I don’t know of any effective number of pips.  Deciding what works, is a combination of your money management, your trade management, and your experience.

Student #4. Is the best trading time - morning 8:00- 10:30 – Is it also important even if I don't want make a scalp trade?  Always the U.S. morning is best. The first 90 minutes of trading are the most important time of the day.  You must look at the volume to see when the most traders are usually in the market.  I use a 30-minute chart to see the first 90 minutes. Usually, they will be at the essentially the same time every day, plus or minus 30 minutes.

© 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:  Your Money or Your Ego?

Which would you be willing to part with first, your money or your self-esteem? If you are like most traders, you are likely to let your money go before your self-esteem.

Trading stories are full of traders who gladly fed losing trades to avoid admitting the fact that they made a mistake. They hoped against hope that a losing trade would turn around if they could merely wait long enough. In the end, it's better to cut your losses and to move on, but few traders do so. They lose more and more money. Why? The biggest reason is ego. They don't want to admit they were wrong. They don't want to feel like a loser.

A 2006 study showed how people are willing to lose money in order to protect their self-esteem. Participants played a game of chance that was similar to continuing to invest in a losing trade: they were told they could win a jackpot of $10 if they patiently played long enough by feeding the investment in 25-cent increments. Each participant was given $5 in quarters to play the investment game. They had the choice of continuing to put in quarter after quarter to keep an investment going or cutting their losses. In the experimental group, participants were threatened by being told that most people choke under pressure when playing the game and that if they were prone to crack under strain, they would have difficulty. A control group was not given this "ego threat." These researchers also looked at people's self-esteem to see if it would impact the amount of money participants lost. What did they find?

You might think that people with high self-esteem would handle a warning that they might choke under pressure better than people with low self-esteem, but they did not. One might also expect people with high self-esteem to perform better on the investment task than people with low self-esteem, but people with high self-esteem lost more money than people with low self-esteem. Why? People with high self-esteem tend to want to defend their ego. They want to preserve their self-esteem even if it means continuing to lose money on a game they can't win.

What is the lesson? Don't link your net worth to your self-worth. If you think you have value as a person because you make money on winning trades, you will believe that an outcome of a trade determines your self-worth. It does not, however. No matter how much you win or lose, you still have value as a person. If you remember this fact, you will be able to trade more rationally and objectively. But on the other hand, if you let your self-worth be defined by how well you do as a trader, you will be putting your self-esteem on the line with your money, and you will be likely to do anything to maintain your high self-esteem, even if it means losing money. So whatever you do, forget about making it personal. Trading is not personal. It is just business. If you keep your self-esteem out of the picture, you will trade more objectively, rationally, and profitably.

© 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 Example:  Instant Income Guaranteed

RDFN Trade

On 13th Jul 2018 we gave our Instant Income Guaranteed subscribers the following trade on Redfin Corporation (RDFN). Price insurance could be sold as follows:

• On 17th Jul 2018, we sold to open RDFN Aug 17 2018 20P @ 0.30 , with 30 days until expiration and our short strike about 15% below price action.
• On 23rd July 2018, we bought to close RDFN Aug 17 2018 20P @ 0.15, after 6 days in the trade for quick premium compounding.

Profit: 15$ per option

Margin: 400$

Return on Margin annualized: 228.13%

Philippe

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

♦  SIGN UP TODAY!  THIS IS WORTH THE INVESTMENT  ♦

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. 

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

Trading Article:  Overall Balance

Trading in itself is a thrilling activity, and many non-traders never have a chance to experience that level of excitement. However, as thrilling as it may be, it's not the only thing there is in life. In many ways trading is still quite one-dimensional. It doesn't have the richness and nuance of the larger life outside of trading.

In this regard, it's necessary to achieve an overall balance in our lives. There is little gained if we become expert traders, yet leave the rest of our lives in shambles. Eventually, something will begin to disintegrate in our trading as well.

It is always necessary to remember that there is another world out there beyond trading!

© 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

$4,620 PROFIT!

Ambush Traders keep on dominating the Natural Gas market

The Ambush trading method is specialized in catching intraday market tops and bottoms in a variety of Futures markets. Including the Natural Gas Future (NG) traded at the NYMEX, where Ambush Traders are having an amazing run for months now.

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

As you might know, Natural Gas is one of the all time favorite markets for Ambush. And looking at the following chart it becomes clear why. It’s one of the least trendy markets out there. Like all markets it goes sideways most of the time but even when it trends it’s doing so in a slow manner. Just have a look on the chart and ask yourself what kind of trader you want to be. The one making money on the rare occasion of NG trending (blue arrows) or during the remaining 90% of the time (red boxes).

Here’s the result of all of the trades you can see on the chart, trading one NG contract, including $10 commissions per trade. Yes, that’s over $4620 trading just one contract with a winning rate of over 75% and a profit factor of over 4!

Don’t miss the next trade and become an Ambush Trader!

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

If you’d prefer to generate signals on your own and want to know the exact trading rules of Ambush, purchase the Ambush eBook.

Happy Trading!

Marco

Feel free to email Marco with your trading questions, This email address is being protected from spambots. You need JavaScript enabled to view it..

© 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.

 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 2018 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.

Short Term Trading

Futures

Edition 737 - July 27, 2018

Be sure to scroll down to Marco Mayer's article, $3,775 profit!

DON'T MISS OUT!
50% off Traders Notebook Subscription!
Use Coupon Code:  andy50
OFFER EXPIRES JULY 31, 2018

Read what a current Traders Notebook subscriber has to say!

”The Traders Notebook authored by Andy Jordan based upon his experience and Joe Ross’s techniques is a premier daily advisory, with the what why and when of carefully selected futures trades and more.

I look forward to receiving the notice every night that a new Notebook is available with Outrights, Spreads and Options recommendations and some tidbits as well.

The presentation, reasoning and basis of each trade is explained in such a concise articulate way that you eagerly spend more time looking at the charts rather than trying to put together a drawn-out explanation. That is a most efficient teaching technique.

Additionally, Andy is not only a commensurate trader and teacher but also available for you, helping you with your questions and observations. He teaches you not to just place orders, but how to become a “trader”. I believe this is the genuine mission of Trading Educators and it is exemplified by TN.”

Frank M., July 16, 2018

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

Traders Notebook - Summer Special - OFFER ENDS SOON!

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

TRADING EDUCATORS' TEASER!!

Andy Jordan's Live Trading Room is currently closed to the public, but will open just for YOU starting September of 2018!  More updates will follow. 

Listen up Traders Notebook subscribers, in August via email, you will receive special pricing, that's right!  It is our way of thanking you for being a preferred Trading Educators' customer.  

Check this out, traders!

Trading sample from the Live Trading Room on 07/19.

Long at 67.12 with an initial stop at 66.99 trading 2 contracts with an risk of $260 for both contracts.

Selling the first contract at 67.27 for a profit of $150 and the second contract at the target at 67.82 for a profit of $700.

Total profit of $850 or 3.3 times the risk.

Details on how to sign up will follow in upcoming Chart Scan Newsletter Editions!  

Email Andy Jordan with any questions, This email address is being protected from spambots. You need JavaScript enabled to view it.!

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

Chart Scan with Commentary:  Swiss Franc

Will the Swiss National Bank allow the franc to reach parity with the U.S. dollar?

In the past, every time the franc tried to equal the buck, the Swiss National Bank (SNB) intervened and bought or sold francs. Recently, I looked at the daily chart of the franc, and decided that we will probably see the franc reach parity against the dollar in spite of any actions by the SNB.

As long as the euro keeps rising, there is no problem for the Swiss if their currency rises. The Swiss are inextricably tied to the value of the euro. In general, the euro is the anti-dollar. When the dollar falls, the euro rises. The falling dollar rightfully scares the bejeebers out of a lot of investors, and they run to the franc for some sort of feeling of safety.

Of course, the franc is no longer backed by gold, so flight to the franc is a bit silly. The franc is not safer than the euro in many respects, and currently franc bank deposits are paying negative interest. The SNB cannot allow the franc to rise much against the euro because the economies of their major trading partners are all based on the euro, with Germany being the main importer of Swiss products.

What could stop the franc from reaching parity would be a dollar rally—a rally that many think is long overdue. A dollar rally will move the euro down, and the franc will almost surely have to follow.

© 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:  Trading Preparations

Are you ready to tackle the markets at any time? Bring it on, right? It would be ideal if we were ready to trade at any given moment, but the human mind has its limits. You don't have an endless supply of energy. After a marathon stretch of trading, for example, you may not be able to tackle the markets in earnest. You may not be able to concentrate fully. You may be easily distracted, and while you are in a state of confusion, you are likely to make trading errors. It is necessary to prepare to trade. It is vital to get your mind ready to trade the markets.

Trading when you’re at your best, and at the right time requires the proper amount of challenge on the one hand, but a good match with your skills on the other. If a trading task is too hard, you will choke. But on the other hand, if you spend your entire trading life blandly fighting boredom, you'll never feel motivated to trade. If trading is a challenge for you, you can get psyched up and be ready to trade at your peak.

Don't make the mistake of thinking that trading doesn't require some preparation. Some seasoned traders actually rate their mental state before they trade. If they are in a bad mood, or feel dazed and confused, they stand aside for the day. It makes little sense to trade in the wrong state of mind. You will end up making trading errors that you'll regret later.

How can you prepare yourself to trade in the proper mental state? The first step is to make sure that you are rested. Many people think they can get away with the minimal amount of sleep or skip nutritious meals. But proper nutrition and adequate sleep are necessary to cultivate an optimal mindset. Trading saps up psychological energy, and psychological energy is limited, so it is vital that you take steps to maximize your energy through proper sleep and nutrition.

Trading in a peak performance mindset requires intense concentration and focus, but it's difficult to maintain this stance when the pressure is on you to perform. Thus, a second step that you can take is to reduce any psychological pressure that may potentially sap up limited psychological energy. The most obvious way to relieve such pressure is to think in terms of probabilities and carefully manage risk. It's useful to remember that you may not win on any single trade, but after a series of trades, you will have enough winners to make a profit in the long run. It's also important to manage your risk. Determine your risk up front and risk only a small amount of trading capital on a single trade. Doing so will ease a lot of the pressure, allowing you to be more open to see the opportunities that the market offers.

It is also important to anticipate any obstacles that may interfere with your ability to trade. For example, if a stressful event is about to happen, such as a move to a new home or a visit from an overbearing relative, it is important to account for such events. You will have trouble trading when you are stressed out. If you anticipate an upcoming stressful event, you should plan to stand aside until the stressful event passes.

Don't think that you can trade the markets without being mentally and physically prepared. Unless you are at your peak, you will make mistakes. Give yourself a break. You can't trade under all possible conditions. If you are rested, relaxed, and ready to trade at your peak, you will increase your chances of taking home huge profits.

© 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
Developer:  Joe Ross

Trading Example:  Instant Income Guaranteed

LEN Trade

On 5th Jul 2018 we gave our Instant Income Guaranteed subscribers the following trade on Lennar Corporation (LEN). Price insurance could be sold as follows:

• On 6th Jul 2018, we sold to open LEN Aug 17 2018 47.5P @ 0.46 , with 41 days until expiration and our short strike about 11% below price action.
• On 16th July 2018, we bought to close LEN Aug 17 2018 47.5P @ 0.22, after 10 days in the trade for quick premium compounding.

Profit: 24$ per option

Margin: 950$

Return on Margin annualized: 92.21%

Philippe

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

♦  SIGN UP TODAY!  THIS IS WORTH THE INVESTMENT  ♦

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. 

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

$3,775 PROFIT!

While everyone is confused about the Dollar, Ambush Traders continue to cash in!

The Ambush trading method is specialized in catching intraday market tops and bottoms in a variety of Futures markets. Including the Dollar Index Future (DX) traded at the ICE, where Ambush Traders are having a really nice time lately.

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

As you might remember we talked about the Dollar Index a couple of weeks ago and I’d like to give you an update! Back in early July a trading range formed (see chart) and Ambush traders cashed in by following Ambush Signals: selling at the top and buying at the bottom of the range. Guess what, everyone is still confused about the USD as no one knows how that trade war is going to end:

Luckily Ambush has no trouble at all in such markets and so Ambush Traders continued having a really good time trading DX!

Where’s the Dollar Index 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 these trades, trading one Dollar Index (DX) contract, including $10 commissions per trade. Yes that’s a win rate of 80% and a profit factor of almost 9!

Is it always like that? Of course not, but 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!

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

If you’d prefer to rather generate the signals on your own and want to know the exact trading rules of Ambush, you want the Ambush eBook.

Happy Trading!

Marco

Feel free to email Marco with your trading questions, This email address is being protected from spambots. You need JavaScript enabled to view it..

© 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.

 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 2018 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.

Short Term Trading

Futures

Edition 736 - July 20, 2018

Summer Special!
50% off Traders Notebook Subscription!
Use Coupon Code:  andy50

”The Traders Notebook authored by Andy Jordan based upon his experience and Joe Ross’s techniques is a premier daily advisory, with the what why and when of carefully selected futures trades and more.

I look forward to receiving the notice every night that a new Notebook is available with Outrights, Spreads and Options recommendations and some tidbits as well.

The presentation, reasoning and basis of each trade is explained in such a concise articulate way that you eagerly spend more time looking at the charts rather than trying to put together a drawn-out explanation. That is a most efficient teaching technique.

Additionally, Andy is not only a commensurate trader and teacher but also available for you, helping you with your questions and observations. He teaches you not to just place orders, but how to become a “trader”. I believe this is the genuine mission of Trading Educators and it is exemplified by TN.”

Frank M., July 16, 2018

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

Traders Notebook - Summer Special

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

Chart Scan with Commentary:  Sucker’s Rally?

Are we looking at a sucker’s rally? Is the sucker's rally about to top out? No one can say for certain. But sometimes it pays to look at the big picture.

The move from 2678.25 to 2796.00 in the June ES chart chewed through 117.75 points. Can we expect a lot of buying by Fibonacci traders at 2737.00, a 50% retracement, with prices having reached 2796.00?

It would not be out of the question to see a pile of buying enter the market at that point. I'm sure the insiders will be waiting to see if the Fib traders go long in mass at that level, if indeed the ES reaches that level. The current rally could stall out at any time, which is why I'm keeping a close watch on the VIX.

The VIX is an index of implied volatility. The higher the VIX reading, the greater that fear of losing is what drives the market. At the low in March 2009, the VIX exceeded a reading of 50, and it exceeded 80 in November of 2008. But when traders are complacent, as they are now, the VIX reading is very low, at around 13. In fact, the VIX reading is lower than it has been since May of 2018.

© 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:  Be Humble

Seasoned traders observed long ago that after a series of wins, a trader is vulnerable to over-confidence and trading errors. It's quite understandable. Trading is a competitive business, and when you win, someone else loses. Market participants trade because they are greedy for profits, but often sell out of a fear of losing. How do many traders deal with the inevitable feelings of uncertainty and fear? They become ecstatically happy when they win and ready to brag about their good fortune. Out of a sense of relief, many traders can't wait to brag about their accomplishments. It's important to reward yourself for a job well done, but we have to be careful to avoid getting carried away. Winning traders are humble. They know they can be on top in one market and down in the next. The markets are fickle. A strategy that works in one set of market conditions can fail completely in another set of market conditions.

What's wrong with feeling proud after making a big win? A little pride doesn't hurt. Trading is difficult. Few people master it, so when you are doing well, it's natural to feel a sense of accomplishment and pride. That said, it is important that you rein in your pride and stay humble, especially when you are on a huge winning streak. When you feel overly proud during a winning streak, you may be prone to making a mistake. You may feel so overly confident that you take risks you should not take. The more humble you are the more open you are to your flaws, and the more astute your perceptions of the markets.

Too much pride often leads to disaster. Those who are especially proud have a burning desire to brag about their accomplishments. But bragging can go too far. When people speak of their successes too often, others often resent them, and can't wait for them to fail. The overly proud trader is likely to cave in to strong social pressure to continue making large financial gains to save face. There's also a risk of becoming stubbornly proud. Stubborn pride often happens when people have spent so much of their life feeling proud of their accomplishments, and trying to feel superior to others, that they have difficulty admitting when they have made mistakes. At an extreme, the overly proud trader becomes afraid to face mistakes and may even deny that they have faults.

Extreme pride has been the downfall of many traders. Trading is hard enough without introducing additional psychological pressures to feel superior to others, maintain social status, or save face. When pride drives trading decisions, a trader is likely to take unnecessary risks in order to make big wins to keep up appearances.

Controlling pride is crucial. It is important to develop internal standards of self-worth. It is useful to trade as if you are running a race with yourself rather than running a race against other traders. Develop your own rules and standards related to your skill as a trader. When you reach your standard, you can feel a little pride, but don't feel the need to tell others about it. If you can feel proud of your accomplishments, without feeling the need to brag about how well you have done, or exaggerate how well you are doing, then you will have learned to feel a true sense of self-worth.

© 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
Developer:  Joe Ross

Trading Example:  Instant Income Guaranteed

FN Trade

On 29th Jun 2018 we gave our Instant Income Guaranteed subscribers the following trade on Fabrinet (FN). Price insurance could be sold as follows:

• On 2nd Jul 2018, we sold to open FN Aug 17 2018 30P @ 0.30 , with 45 days until expiration and our short strike about 19% below price action, making the trade very safe.
• On 12th July 2018, we bought to close FN Aug 17 2018 30P @ 0.15, after 10 days in the trade for quick premium compounding 

Profit: 15$ per option

Margin: 600$

Return on Margin annualized: 91.25%

Philippe

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

♦  SIGN UP TODAY!  THIS IS WORTH THE INVESTMENT  ♦

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. 

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

$2,790 PROFIT!

Ambush Traders catch stock traders with a bull trap twice for big profits!

The Ambush trading method is specialized in catching intraday market tops and bottoms in a variety of Futures markets. Including the Russell 2000 mini Future (RTY) traded at the CME, where Ambush Traders are having a really nice time lately.

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

Like many other stock indices, the Russell 2000 approached the June highs again this week, very close to the price level where Ambush traders sold the RTY for a $1k profit per contract. And guess what happened this time? Ambush had another sell signal very close to the last one at 1712 points which turned out to be very close to the high of the day. And like last time it turned out to be another bull trap handing us almost another $1k profit, closing the trade at 1693.5!

Is it always like that? Of course not, but if you’ve been on the other sides of these trades you maybe should think about switching sides!

Here’s the result of all of the trades shown on the chart, trading one Russell 2000 mini (RTY) contract, including $10 commissions per trade.

Let’s face it, you don’t want to be on the one caught on the other side of these trades. Also if you’re actively day trading by getting in and out of the market all day long, honestly ask yourself if that’s worth your time? And are you actually doing better than this? With Ambush you’re day trading without even having to be there during the day!

Join us and become an Ambush Trader!

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

If you’d prefer to rather generate the signals on your own and want to know the exact trading rules of Ambush, you want the Ambush eBook.

Happy Trading!

Marco

Feel free to email Marco with your trading questions, This email address is being protected from spambots. You need JavaScript enabled to view it..

© 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.

 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 2018 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.