Edition 799 - October 25, 2019

CHECK OUT PERFORMANCE SPREADS FOR TRADERS NOTEBOOK!

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

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

Traders Notebook:  How to Read a P&L Chart

Let's look at the P&L chart of all spread trade recommendations in Traders Notebook since January 2019.  I would like to discuss a few things a trader should always check to see if a trading method or a specific way of trading makes sense. As we can see on the (hypothetical) P&L chart from below, the profit reached almost $15k:

• What does “$15k” mean?
• What was the risk?
• What about the draw-downs?
• Were there enough trades to see the results are statistically significant?

Let’s go through it, step-by-step:

A result of about $15k is kind of meaningless, as long as we don’t know how much money we need so we can get to this result. This is usually the point, where a good marketing specialist will look up how much margin was used to cover the trades and then he will probably tell you the following: “You could have reached that result with an account size of about $15k, Andy. As you can see, this means a return of about 100%! Isn’t that awesome?” But wait a minute. After the trades are done, it is always easy to calculate the optimized values to present huge profits. But what would have happened if there were more losing trades in a row? Well, easy answer: You would have been out of business! So, let’s have a look at the chart by ourselves and forget about the marketing guy. As we can see, the largest draw-down happened around trade 31 of about $5k. Is there a way we can have a few of these draw-downs in a row? Yes, of course. To be on the save side, we better look at the largest draw-down and we multiply this value a couple of times so we can resist even larger draw-down periods. How often we multiply the draw-down is of course up to each trader, but I would use at least 3 to 4 times the largest draw-down ($15k - $20k). Therefore, an account size of about $30k to $40k or even better $50k make much more sense to reach these results. And if we use for example an account size of $50k for our calculation, our profit is down to about 30%, which is by the way still pretty good in the world of “real trading” and not “marketing trading”.

Of course, you can take the trades also with a smaller account, let’s say with only $25k, but then you should also reduce your profit expectation, just to be not too disappointed after one year of trading. Especially beginning traders get disappointed when they make “only” 20% or 30% a year because they have statements like “I made 1 million out of $10,000 in just one year” in mind. But I can tell you, using good risk and money management parameters, these statements are all bogus.

If you still think the results shown on the chart above are pretty good and you would like to join me with Traders Notebook, I want to make you a special offer today.

Pay for a 6-month subscription and get a 12-month subscription from us!  That's right, 12-month subscription for only the 6-month subscription price!

Click here to purchase Traders Notebook 6-month subscription.

I think that’s a pretty good deal, isn’t it?

Wishing you all the best with your trading,

Andy Jordan

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

© 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: Chart Analysis?

Hi Joe! I’ve attached a graphic showing how I view charts. I figured if all of my indicators are in agreement, then it’s probably okay to trade, especially if there is general agreement with the candlesticks. Please take a look at my chart. Am I on the right track?

What you are doing is a common mistake made by many beginning traders, so, I’m assuming that you are a beginner. If you are not, then you got off to a bad start in trading at some time in the past.

All of the indicators you are using can be employed as momentum indicators. In essence, they are all measuring the same thing—momentum. Within reason, they should all be showing the same thing, they should be in agreement. The only indicator that is not a pure momentum indicator, is CCI, which is really a volatility indicator. But by setting it at 14 bars, you have bastardized it so that it matches the momentum indicators.

Since you are used to looking at candlesticks, I’m not going to comment much about those, other than to say, for the most part studying them is a waste of time. However, virtually all Forex traders seem to use them, with or without having studied all the intricacies of candlestick lore. 

All you really need is one of those momentum indicators. And what you want it to do is to confirm what you see in the prices. In other words, you should be trading based on the price action, not on an indicator. Indicators are always late. Use logic! All an indicator can reveal is what has already happened.

Personally, I prefer Stochastics, and I like that you set them at 5,3,3. That makes for a sensitive indicator, which will closely follow the price action. However, I know that many traders prefer MACD. But if you look closely, MACD is the one indicator you have that has been so smoothed, that it is hardly following the price action at all. MACD is useful for longer term trading, but at your current settings, it is not very useful for scalping or short-term trading.

I will make one suggestion: Set CCI at 30 bars, which will make it be truly a volatility indicator. Then if you want to use it along with any other momentum indicator, you will have true confirmation of what is taking place with prices.

© 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:  Ready for Action

In 1981, when I first started day trading, I would get to bed early night, wake up early, and be excited about starting the trading day. I remember on time when it was a cool, sunny day, and I really felt rejuvenated. After a quick...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

 BBY Trade

• On 2nd October 2019, we sold to open BBY Nov 15 2019 57.5P @ 0.65, with 45 days until expiration and our short strike about 16% below price action.
• On 15th October 2019, we bought to close BBY Nov 15 2019 57.5P @ 0.20, after 13 days in the trade.

Philippe

30% Savings using coupon code:  iig30

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

♦  SIGN UP TODAY!  WEALTH BUILDING FOR YOUR FUTURE  ♦

Learn More!
Instant Income Guaranteed

30% Savings using coupon code:  iig30

PERFORMANCE RECORD
SEPTEMBER 2019 TO MAY 2014
INSTANT INCOME GUARANTEED

Need more information?  We want to hear from you.
Email questions to This email address is being protected from spambots. You need JavaScript enabled to view it.
30% Savings using coupon code:  iig30

30% Savings using coupon code:  iig30

© 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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  Repetitive Mistakes

Anyone is allowed to make one mistake. When the same mistake is repeated a second time, caution should be noted. The third repetition of the same mistake constitutes....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! 

6-Months FREE when you purchase a 6-Month Subscription!

© 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

Trading Article:  Manual Backtesting Pitfalls

If you don’t want to learn how to backtest automatically right now but still want to profit from backtesting, you got to do it manually. That’s how I started too many years ago. I still remember sitting there with printed charts and writing down trade results on a separate sheet of paper.

Now there are some pitfalls you better...read more.

Marco Mayer is an Educator for Forex, Futures and a Systematic Trader, so if you have questions, he wants to hear from you!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Check out Ambush Signals

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.

CHECK OUT PERFORMANCE SPREADS FOR TRADERS NOTEBOOK!

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.

Edition 798 - October 18, 2019

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

Traders Notebook:  How to Read a P&L Chart

Today I want to have a look at the P&L chart of all spread trade recommendation in Traders Notebook since January 2019 and I would like to discuss a few things a trader should always check to see if a trading method or a specific way of trading make sense to him or her. As we can see on the (hypothetical) P&L chart from below, the profit reached almost $15k But what does “$15k” mean? What was the risk? What about the draw-downs? Were there enough trades to see the results are statistically significant?

Let’s go through it, step-by-step:

A result of about $15k is kind of meaningless, as long as we don’t know how much money we need so we can get to this result. This is usually the point, where a good marketing specialist will look up how much margin was used to cover the trades and then he will probably tell you the following: “You could have reached that result with an account size of about $15k, Andy. As you can see, this means a return of about 100%! Isn’t that awesome?” But wait a minute. After the trades are done, it is always easy to calculate the optimized values to present huge profits. But what would have happened if there were more losing trades in a row? Well, easy answer: You would have been out of business! So, let’s have a look at the chart by ourselves and forget about the marketing guy. As we can see, the largest draw-down happened around trade 31 of about $5k. Is there a way we can have a few of these draw-downs in a row? Yes, of course. To be on the save side, we better look at the largest draw-down and we multiply this value a couple of times so we can resist even larger draw-down periods. How often we multiply the draw-down is of course up to each trader, but I would use at least 3 to 4 times the largest draw-down ($15k - $20k). Therefore, an account size of about $30k to $40k or even better $50k make much more sense to reach these results. And if we use for example an account size of $50k for our calculation, our profit is down to about 30%, which is by the way still pretty good in the world of “real trading” and not “marketing trading”.

Of course, you can take the trades also with a smaller account, let’s say with only $25k, but then you should also reduce your profit expectation, just to be not too disappointed after one year of trading. Especially beginning traders get disappointed when they make “only” 20% or 30% a year because they have statements like “I made 1 million out of $10,000 in just one year” in mind. But I can tell you, using good risk and money management parameters, these statements are all bogus.

If you still think the results shown on the chart above are pretty good and you would like to join me with Traders Notebook, I want to make you a special offer today.

Pay for a 6-month subscription and get a 12-month subscription from us!  That's right, 12-month subscription for only the 6-month subscription price!

Click here to purchase Traders Notebook 6-month subscription.

I think that’s a pretty good deal, isn’t it?

Wishing you all the best with your trading,

Andy Jordan

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

Chart Scan with Commentary: ATR

Mr. Joe! I heard that you have an eBook about stop placement. Would you be willing to tell us at least one of the techniques you have in the book?

No, I cannot do that, it wouldn’t be fair to those who have purchased the eBook. However, since you asked for something, I am wilfing to offer you a strategy that uses one of the tools from the eBook—that tool is Average True Range (ATR).

For purposes of this article I will use Wilder’s ATR, which is pretty standard in most software. There is a lot of information as to how ATR is calculated available for free on the Internet, so I’m not going to go into that.

Typically, ATR is created with a 14 bar moving average of volatility. My use for ATR in this particular strategy is to use a 10 bar moving average of volatility—or more simply a 10 bar setting for Wilder’s ATR.

The strategy can be used in any time frame within which you want to make a short-term trade. This means anywhere from a few minutes to a few days, or even a few weeks.

Most of the explanation for the strategy can be seen on the chart below:

Step1: Calculate the Stop Loss—Stop loss = Entry price minus 2 times the ATR

Step 2: Calculate the Profit Target—Profit Target plus 4 times the ATR

It’s all there on the chart. The following chart shows the result. Make sure you take the ATR reading from the day prior to entry.

Notice the drop in ATR at the time of the profit taking exit. Obviously, volatility has dropped and now reads 0.9857.

The Stop Placement that Makes Sense - Joe Ross wrote "Stopped Out" in order to show you four specialized ways for stop placement. Every single one of them is based on reality. Your stops will rarely be where everyone else puts theirs. Your stops will be unique to you, based on your personal risk tolerance, in conjunction with the risk in the market.  Learn 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 Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Trading Article:  Making a Comeback

Have you ever had a bad day when nothing seemed to go right? First, you got up late. Second, your computer wouldn't boot up, and third, when it did, you couldn't seem to get in and out at the right time when executing even the most basic trade. What really upset...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

PERFORMANCE RECORD
SEPTEMBER 2019 TO MAY 2014
INSTANT INCOME GUARANTEED

Need more information?  We want to hear from you.
Email questions to This email address is being protected from spambots. You need JavaScript enabled to view it.
30% Savings using coupon code:  iig30

30% Savings using coupon code:  iig30

Trading Idea:  Instant Income Guaranteed

SFIX Trade

On 6th October 2019 we gave our Instant Income Guaranteed subscribers the following trade on Stitch Fix Inc. (SFIX). Price insurance could be sold as follows:

• On 7th October 2019, we sold to open SFIX Nov 15 2019 14P @ 0.15, with 39 days until expiration and our short strike about 29% below price action, making the trade very safe.
• On 11th October 2019, we bought to close SFIX Nov 15 2019 14P @ 0.05, after only 4 days in the trade.

Profit: 10$ per option

Margin: 280$

Return on Margin annualized: 325.89%

Philippe

30% Savings using coupon code:  iig30

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

♦  SIGN UP TODAY!  WEALTH BUILDING FOR YOUR FUTURE  ♦

Learn More!
Instant Income Guaranteed

30% Savings using coupon code:  iig30

© 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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  Manual Backtesting Pitfalls

If you don’t want to learn how to backtest automatically right now but still want to profit from backtesting, you got to do it manually. That’s how I started too many years ago. I still remember sitting there with printed charts and writing down trade results on a separate sheet of paper.

Now there are some pitfalls you better...read more.

Marco Mayer is an Educator for Forex, Futures and a Systematic Trader, so if you have questions, he wants to hear from you!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Check out Ambush Signals

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 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.

Edition 797 - October 11, 2019

GOING...GOING...Almost Gone

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

Chart Scan with Commentary: Instant Income CBOE Trade

Following is a typical Instant Income Guaranteed trade (IIG). For the past 5 years + these trades have had an average life span of 17 days - a number that is very consistent. Our IIG Advisory Service is something special so take advantage of our 30% off now, as an introductory price for our newsletter subscribers.  Use coupon code during checkout:  iig30

On 24th February 2019 we gave our IIG subscribers the following trade on CBOE Holdings Inc. (CBOE). Price insurance was sold as follows:

On 25th February 2019, we sold to open CBOE Apr 18 2019 87.5P @ 0.90, with 53 days until expiration with our short strike about 9% below price action.

On 15th March 2019, we bought to close CBOE Apr 18 2019 87.5P @ 0.45, after 18 days in the trade, even if CBOE was mostly going sideways during the life of the trade. As with most of our IIG trades, we doubled our money--$0.90 – $0.45. Although we anticipate having a loss sooner or later, we have had none since May of 2014. So far, there have been 584 trades closed out of a total of 616 trades.

Profit: 45$ per option

Margin: 1750$

Return on Margin annualized: 52.14%

© 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:  Intuition

If only humans were more like machines. In theory, the ultimate trader would act like a robot, analyzing market data with unfailing accuracy, devising a trading plan, and executing it without flaw. But does trading work that way? Trading is more art than science. Without an intuitive...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

PERFORMANCE RECORD
SINCE MAY 2014
INSTANT INCOME GUARANTEED

Need more information?  We want to hear from you.
Email questions to This email address is being protected from spambots. You need JavaScript enabled to view it.
30% Savings using coupon code:  iig30

30% Savings using coupon code:  iig30

Trading Idea:  Instant Income Guaranteed

JKS Trade

Philippe

30% Savings using coupon code:  iig30

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  The Law of Large Numbers

In this instance, you spread by taking an opposite position in a related contract. You might spread corn against wheat. You might spread heating oil against unleaded gasoline. Quite often, operators who trade large size and are market makers hedge the S&P 500 by taking an opposite position in the Nasdaq or the Dow.

(Some basic mathematics stuff a trader should know – but don’t get discouraged if the first part of this lesson seems very complicated. It all becomes crystal clear later on.)

The law of large numbers (LLN) is a theorem in probability that describes the long-term stability of the mean of a random variable. Given a random variable with a finite expected value, if its values are repeatedly sampled, as the number of these observations increases, their mean will tend to approach and stay close to the expected value.

The LLN can easily be illustrated using the rolls of a die. That is, outcomes of a multinomial distribution in which the numbers 1, 2, 3, 4, 5, and 6 are equally likely to be chosen. The population mean (or "expected value") of the outcomes is:

    (1 + 2 + 3 + 4 + 5 + 6) / 6 = 3.5.

The graph below plots the results of an experiment of rolls of a die. In this experiment we see that the average of die rolls deviates wildly at first. As predicted by LLN, the average stabilizes around the expected value of 3.5 as the number of observations becomes larger.

The LLN is important because it "guarantees" stable long-term results for random events. For example, while a casino may lose money in a single spin of the American roulette wheel, it will almost certainly gain very close to 5.3% of all gambled money over thousands of spins. Any winning streak by a player will eventually be overcome by the parameters of the game. It is important to remember that the LLN only applies (as the name indicates) when a large number of observations are considered. There is no principle that a small number of observations will converge to the expected value, or that a streak of one value will immediately be "balanced" by the others.

So, why is this important for a trader?

It is important to understand that we all trade based on probabilities. All we really know is that we can make money with trading only in the long run. We have no idea of what will happen with our next trade, or with the next ten trades!

Let’s have a look at the following chart:

The 5 equity curves from above are based on a trading method with the following statistical values:

Winning Percentage is 20%, and the winners are 5 times bigger then the losers.

As we can see on the chart above, all equity curves are showing a profit in the long run. But we would have to go through different emotional periods while trading on the same probabilities. The trader trading the red line would get mad right in the beginning. He would start losing in the beginning, but do well later. The green trader would get even more frustrated. After trading for almost nothing for the first half, the equity goes down a lot before moving up nicely at end of the year.

As you can see, both would end the year with almost the same result. But the way they got there was completely different.

Once again, all curves above are based and calculated at random using the same parameters.

What does this mean for us?

This means we have to make sure we stay in the water long enough for the big wave to take us into the profit zone. We have no idea when this will happen, at the beginning of the year or at the end.

Here is what we have to do:

1. We need a solid money management technique. There is no way to get around losing periods, and we have to make sure we survive such times.
2. We have to understand how important it is to look at our results in the long run. Everything that happens in a shorter time period has no meaning.
3. We need a solid system we can follow. Otherwise we will have problems following the system in bad times (many, many traders don’t understand this point and they just jump from one method to the next, losing all the money they have).
4. We have to make sure we let the big winning trades run, and cash in as much as we can on such trades.
5. We have to stay “in the water.” We just don’t know if the next trade will be a losing trade, a winning trade, or one of the really “big fishes”.

Trading is not about what happens on a single trade. What really counts is if your trading is based on a solid method, and that you understand good money management. If so, the large numbers of tries will make sure you are profitable in the long run.

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

Trading Article:  Manual Backtesting Pitfalls

If you don’t want to learn how to backtest automatically right now but still want to profit from backtesting, you got to do it manually. That’s how I started too many years ago. I still remember sitting there with printed charts and writing down trade results on a separate sheet of paper.

Now there are some pitfalls you better...read more.

Marco Mayer is an Educator for Forex, Futures and a Systematic Trader, so if you have questions, he wants to hear from you!  This email address is being protected from spambots. You need JavaScript enabled to view it.

Check out Ambush Signals

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.

GOING...GOING...Almost Gone

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.

Edition 796 - October 4, 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: Possible Spread Trade

For every 10 issues of Chart Scan that I write, I like to include at least one historical spread trade.

If you’re not trading spreads, you are missing out on some really good trades. If you want to be a master trader, I believe that you need to learn how to trade everything—spreads, options on both stocks and futures, short-term, and long-term trades, and seasonal trades in stocks and futures, and learn to trade Forex as well, although for the major currencies, I prefer the futures markets.

You can create your own library of seasonal spreads as well as spreads in the outrights (stocks, futures, Forex) by looking back at what has happened in the past, especially looking for seasonality.For every 10 issues of Chart Scan that I write, I like to include at least one historical spread trade.

If you’re not trading spreads, you are missing out on some really good trades. If you want to be a master trader, I believe that you need to learn how to trade everything—spreads, options on both stocks and futures, short-term, and long-term trades, and seasonal trades in stocks and futures, and learn to trade Forex as well, although for the major currencies, I prefer the futures markets.

You can create your own library of seasonal spreads as well as spreads in the outrights (stocks, futures, Forex) by looking back at what has happened in the past, especially looking for seasonality.

The chart above shows a spread long live cattle and short lean hogs. Looking back from the current date April 3, we see that sometime around mid-November, the spread moved up during the previous year. The spread rose overall in favor of long cattle, until about the 3^rd week in February, at which time the spread changed direction in favor of long hogs.

By reversing the spread to be long lean hogs and short live cattle, money was made from the last week of February, until at least the last week of March.

The next step would be to look back to see if this happens in most years. Seasonal spreads in the meats have a lot to do with the birth cycle of cattle and hogs, so it’s quite possible that this spread is consistent during most years. If you find the spread works at least 80% of the time, then by all means make a note of it, and look for it again next year. By doing this, you will end up with a library of high (80%) percentage spreads that you can enter into year after year.

© 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 Own Worst Enemy

Do you ever wonder if you secretly want to fail? It's hard to believe, but some people do want to fail. They may not want to do better than their parents, and secretly, they set themselves up for failure. Others fear success. They associate...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

MOMO Trade

• On 29th August 2019, we sold to open MOMO Oct 18 2019 24.4P @ 0.375 (average price), with 49 days until expiration and our short strike about 30% below price action, making the trade very safe.
• On 19th September 2019, we bought to close MOMO Oct 18 2019 24.4P @ 0.15, after 21 days in the trade.

Philippe

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  Spreading Against a Related Contract

In this instance, you spread by taking an opposite position in a related contract. You might spread corn against wheat. You might spread heating oil against unleaded gasoline. Quite often, operators who trade large size and are market makers hedge the S&P 500 by taking an opposite position in the Nasdaq or the Dow.

Soybean traders often hedge by....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.

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.

Edition 795 - September 27, 2019

25% OFF

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

Chart Scan with Commentary: Options

Hey Joe! I don’t want to bother you with a whole bunch of questions about options, but could you please tell me if Option Open Interest is of any value, and if so, how would you use it?

Keeping in mind that I am strictly an option seller. I mainly sell put options.

Open interest shows all open options contracts that are available for exercise that have not been closed out. (Arrows)

One way traders use open interest is to determine supply and demand levels for the underlying asset. For example, let's assume that I’m looking to sell put options for ABC stock that's priced at $50.00 per share and I believe that the stock is going to go up, or at least stay in a trading range.

When I look at the put options that expire 2 months from now, I find that the open interest on the $30.00 strike price put option is only 10 contracts, while the open interest on the 40 strike price put option is 500 contracts.

This tells me that the majority of speculators don't believe that the underlying stock is going to move up very much in the next two months and I may want to consider selling a lower strike price put option or reconsider the trade because the sentiment is against the stock moving up.

Another very simple way to use open interest is to determine whether the overall sentiment on the underlying assets that I’m analyzing is bullish or bearish. Let's say that I’m looking at XYZ stock and once again the stock is priced at $50.00 per share. When I look at the open interest column the 50 strike price put option has open interest of only 100, while the 50 strike price call option has open interest of 500.

This would tell me that the current market sentiment for this stock is bullish, since open interest is 5 times higher for the at the money call option compared to the at the money put option, this would tell me that the current sentiment favors XYZ stock moving higher.

If on the other hand the at the money put options have higher open interest than the at the money call options, then I would conclude that the sentiment is bearish.

If I find that open interest for the at the money call option and the at the money put option are similar to each other, then I would avoid using open interest as a directional sentiment indicator. I find that it works best when the open interest numbers favoring either the calls or the puts outweighs the other side by a very large margin.

Lastly, another very common way of utilizing open interest is to monitor for unusual options activity. For example, if ABC stock is trading at $50.00 and the $40 strike price call option that expires in 1 month has open interest of 10,000 contracts and within the next few trading sessions the open interest dramatically rises, this would imply that speculators are accumulating that option because they believe ABC stock is going to move lower within the next few weeks. Similarly, if the open interest drastically increased in a short period of time in an out of the money call option, the $60 strike price for example, it would imply that speculators believe that ABC stock is going to move higher.

Screening for unusual rise in open interest is so popular that several financial analysis firms specialize in screening for options with major changes in open interest in a short period of time.

I personally find that keeping an eye on stock index open interest levels, for different options strike price levels, offers an excellent analysis tool for short term price swings as well as support and resistance levels.

© 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 Aware

Beginning traders may make trade after trade and watch their account balance dwindle with each trade. They may feel unintelligent and thoughtless and think, "Why am I making so many losing trades?" At times they may wonder...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

WB Trade

On 18th August 2019 we gave our Instant Income Guaranteed subscribers the following trade on Weibo Corporation (WB), after a gap up on earnings. Price insurance could be sold as follows:

• On 20th August 2019, we sold to open WB Sep 27 2019 33.5P @ 0.35, with 37 days until expiration and our short strike about 22% below price action, making the trade very safe.
• On 3rd September 2019, we bought to close WB Sep 27 2019 33.5P @ 0.15, after 14 days in the trade.

Profit: 20$ per option

Margin: 670$

Return on Margin annualized: 77.83%

Philippe

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

25% OFF

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

Trading Article:  Accurate Records

As a trader, it's very important that you keep accurate records of all factors that may impact the outcome of your trades so that you can learn from your losses, improve your performance, and....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.

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.

Edition 794 - September 20, 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: New Highs

Hey Joe! I’ve heard that a trader or investor should buy new highs. Couldn’t that be disastrous?

Yes, it could be disastrous. It’s not a good idea to simply buy new highs. There should be some qualifying parameters to go with new highs that increase the probabilities of making a good trade.

For example, the new high should be part of an overall strong uptrend. It should come as the result of a breakout from congestion. It might be a sideways congestion as pictured above or perhaps a flag or pennant formation. Other fundamental reasons should also be considered. Is there something in the news that would indicate higher prices to come. Is there a shortage of an underlying commodity that will increase demand? Does an underlying company have a new product, or innovation that is going to put its stock in demand? There are many more reasons that can cause prices to continue rising, that I’m sure you can think of. Consider doing a bit of research to find out why the underlying made a new high.

© 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:  Graceful Trading

Whether you're a novice or seasoned trader, there are days when you face setback after setback: Adverse events go against you. You make a trading error. You misread the markets. The possible setbacks can be endless, and it hurts a little to watch your account balance take a hit when one of them catches you off guard. But whatever roadblocks get in your way, you have to take...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

KN Trade

Philippe

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  Your Role in the Market

Our past experience is a factor coloring the way we see things. We get an electric shock, and we decide....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.

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.

Edition 793 - September 13, 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: ATR

Hey Joe! I’ve been trying to figure out the correct way to program the Average True Range (ATR). Various charting programs seem to come up with different answers. Which one is the right one?

The Charting Software that I use, Genesis Trade Navigator, has two different ways to do it. I’m not sure which is which, but one of them is based on Welles Wilder’s original formula and the other way is based on their own in-house formula. It seems to me that the last two ways pictured above are the most correct. As you see above in the graphic that you sent, the first way if fine for a single day, but what would you do if prices gapped open either up or down? The first way above fails to take into consideration any gap that might occur. Going from the close to the next day’s high, or from the close to the next day’s low, at least takes into consideration any gap that might occur. However, there is yet another way not pictured above. It would be to measure from yesterday’s low to today’s high for a move up, or to measure from yesterday’s high to today’s low, to envision the correct amount of volatility in the price movement. Of course, why use only the close? Why not substitute from the Open to the low or high?  I don’t know which is the correct way, and I don’t think anyone else knows it either.  It seems to be a matter of opinion. The main thing for ATR is to be consistent in the way it is calculated.

© 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:  Setbacks

Are you experiencing an emotional roller coaster, euphorically celebrating wins, but facing despair when losses mount? If you are, you may be taking things a little too personally. If you want to trade like a winner, you need to take responsibility for your actions, taking every precaution possible to neutralize...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

JD Trade

• On 14th August 2019, we sold to open JD Sep 27 2019 25P @ 0.35, with 43 days until expiration and our short strike about 18% below price action,
• On 19th August 2019, we bought to close JD Sep 27 2019 25P @ 0.15, after 5 days in the trade, for quick premium compounding

Philippe

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Article:  The Ideal Parameters for Successful Trading 

• Your trading goals and objectives must be possible to complete. They cannot be too abstract or too high. It is best to just execute a trade rather than being overly concerned with profits or achieving unrealistic performance standards.
• You must be able to intensely concentrate on....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.

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.

Edition 792 - September 6, 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: Chart Reading

Early in my trading career, apart from moving averages, there were no indicators worthy of much mention. The computations needed for creating indicators were much too time-consuming for anyone to do without having a large main-frame computer, or at the very least a mini computer (cost $400,000). I learned to trade by reading a chart. In my opinion, chart reading still has the advantage over trading with indicators, especially if an indicator become the prime reason for entry into a trade. Indicators are okay as confirming entities to what a trader can see with the naked eye, but in my opinion that’s all they are good for.  Of course, this kind of thinking is contrary to the vast majority of opinion among those who trade the markets.

The greatest weakness of an indicator is the fact that it requires historical data. Indicators are generally detrended plots of moving averages of whatever is the underlying. Because they depend on historical data, they are always behind the actual price action. The following is an example of what I mean.

For the Chart entry all that was needed was single reversal bar. Buy on the following bar at the price of the high of the reversal bar. Take a scalp trade and a second trade was possible at the MACD entry. The reversal bar gave its signal 7 bars before the MACD entry signal. The MACD entry was possible on the 8^th bar of the series.

© 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 Flexible

As traders in the markets, it's informative to study everyday examples of mass psychology. Although humans are highly intelligent, they can act like cattle blindly following the leader of the pack to the slaughterhouse. For example, have you ever...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 Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and 
Editor of Traders Notebook Complete

Trading Article:  Getting in Step with the Market 

Early in the trading day, as part of your daily preparation (you do have a daily preparation, don’t you?) it's helpful to practice a little to get a "feel" for what you might do and how you might trade. One way to do it is to make....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.

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.

Become a Funded Futures Trader

Do you want to:

• Run your own trading business?

• Manage money from $25,000 up to $250,000?

• Keep up to $8,000 of your first profits and up to 80% thereafter?

• Get free charting software with free real time data during your evaluation process?

• Have advanced reporting and data-based analytics for your trading results?

• Trade from anywhere in the world and whenever you want?

Trading Educators new program can help you to become a successful Prop Trader running your own trading business while trading money for our partner OneUp Trader.

It doesn’t matter if you are a complete rookie or already an experienced trader, we will help you to make it through the evaluation process and get funded.

• We can help you to develop your own trading strategy. A strategy that fits the requirements of OneUp Trader but, more important, that fits your own personality.

• We can help you to evaluate and fine tune your existing trading strategy, so you get the optimum out of it.

• We know the importance of money and risk management, the most critical point during your evaluation and even more critical when you start trading real money.

• During the evaluation process we analyze your results together with you to see what you do right or wrong.

• We can help you to choose the right trading platform for you and we help you to set it up the right way.

• We are on your side through the complete evaluation process and also during the first few weeks after you got funded.

• We know about the mental limits in trading and we can help you to overcome these limits and show you how to develop a “professional trader mind”.

If you are new to trading, we will help you to develop your own trading style. If you are already experienced, we will help you to enhance your trading results and show you the way through the evaluation process.

In our opinion, there are only positive aspects to go through the evaluation process with our partner:

• You do not need your own trading account and therefore you can not lose your own money during evaluation.
• You get a 14 days free trial to find out all the technical details (setting up the charting software, test trades, …).
• Costs for the evaluation process are very small especially because you get a charting software plus real-time data for free.
• You can get funded up to $250,000 and keep up to 80% of your profits.

Does it sound interesting to you? We bet it does!

Please get in contact with us so we can talk about the best way to get you on the right track.

After a free evaluation with This email address is being protected from spambots. You need JavaScript enabled to view it., he will give you a detailed plan of how we can help you to become a successful Prop Trader.

For more information about OneUp Trader, click here!

Edition 791 - August 30, 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: A Tale of Two Charts

Take a look at the following two charts. Something should become immediately apparent. Do you see it? It’s a way for you to be able to make a low risk, high probability trade, with much of the volatility removed.

The E-mini Nasdaq 100 (NQ) futures are dramatically outperforming the Mini-Sized Dow (YM) futures. The result is an easily observable spread opportunity to go long NQ and short YM. To see it more clearly look at the sideways movement of both markets from about the middle February to the latest bar shown. NQ has broken out of a consolidation area, while YM is still in the middle of a sideways consolidation. Now do you see it?

© 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:  Emotions

Winning traders are extremely disciplined. They wisely study the markets, devise a trading plan, and follow it. They control their impulse to abandon their plans prematurely, and they don't allow emotions, such as fear and greed, to influence their trading decisions. In the trading profession,...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

CSIQ Trade

Philippe

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

♦  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.

BECOME A PART OF OUR TRADING TEAM
JOIN TODAY
INSTANT INCOME GUARANTEED

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

Trading Idea

This week, we're looking at short BCJ20 – BCK20: short April 2020 and long May 2020 Brent Crude (NYMEX on Globex).

Today we consider a Brent Crude calendar spread: short April 2020 and long May 2020 Brent Crude (NYMEX on Globex). The spread was trading in a tight range between 0.160 and 0.260 in July, broke to the down-side at the beginning of August and has been trading in a range since then. It seems the former support level around 0.160 became resistance. Is this a good level for an entry or should we better wait for a break out to the down-side?

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!

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.

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.