John Paul talks about the news indicator at about five minutes in.
If you have a large, multi-monitor setup, one of your screens is likely dedicated to display news updates. Many traders prefer the Bloomberg or Forex Factory Calendars. While these are great sources, they require the trader to manually refresh the web page instead of focusing on a chart.
NinjaTrader users can now rest easy as a news indicator has been released. Day Trade to Win explains how the indicator works on their download page. In addition, watch the video above around 4:30 to see a live demonstration. Note how each announcement is color coded based on severity (ex. – red for high priority).
Identifying news events is important as many retail traders prefer to stay out of market several minutes before to 15 minutes after the announcement. News can result in volatility of unexpected direction. Positive news does not produce bullish price movement. The inverse is also inconsistent. A better way to trade news events is linked to on Day Trade to Win’s videos page.
We’ve received a ton of email from traders who want to learn techniques that work across all futures and currencies. Your prayers have been answered. The video above shows three day trading strategies you can use regardless of your charting platform (NinjaTrader, eSignal, TradeStation, MetaStock,etc.).
First, John Paul of Day Trade to Win shows how to trade news events. Contrary to the popular approach, his method does not involve predicting the move of price when the news event is first announced. Instead, he outlines rules to recognize the trade. If the setup occurs, you can then enter the trade according to additional rules. This is a great example of an objective, evidence-based method.
Second, a method for recognizing choppy market conditions is taught. By recognizing the back and forth movement caused by inverse buy and sell orders, you can learn to stay out of potentially damaging market conditions. This is called the “Yo Yo Method.”
The last portion of the video discusses John’s projections for 2012 and 2015. He expects the price of indices to rise by the end of the year as compared to January’s opening price. He also estimates 2015 to be bullish according to a pattern that is said to be 100% accurate for years ending with a five digit. You’ll have to watch to hear his explanation/.
Watch and learn how to trade price action properly in this 45 minute webinar presentation from Day Trade to Win. The speaker, John Paul, shows how his Atlas Line trading software works with zero configuration across the most popular futures markets. He answers questions and takes requests from room participants. You can see how the Atlas Line is a viable live trading solution with great profit potential – just look at how both Short signals were given prior to the big moves down in the ES and 6E. John has always been an advocate of responsible trading; based on only what real-time conditions can produce. In this instance, he was too busy describing how the software functions to place a live trade. However, he’s released a ton of videos showing great results using a live account while trading with the Atlas Line. By teaching risk management through identifying ideal market conditions, profit and exit strategies, John Paul takes care of his students. This is all discussed after purchase during the included live training session.
As a side note, Day Trade to Win recently published a profit statement for the last three months of 2011. From October through December, John made over two points on average every day. This figure does not include additional filtering and trade setups as taught in the eight week Private Mentorship Program.
If you took the top ten E-Mini day trading systems and truthfully ran them through a profitably test for five consecutive days, chances are you would not find one that produced a net profit each day. Over the course of a week, you’d likely have a couple systems that delivered a net profit (once again, this is a weekly estimate). Days with huge losses can turn an account upset down. This is why a system that shows how to properly manage trades and reduce risk through stop losses is essential. Day Trade to Win’s ATO (At the Open) course does exactly this – the profit targets are respectable. Also, traders using this price action method won’t be subject to over-trading, as the objective is capitalizing on the E-Mini’s first big move of the day.
The ATO course is less than $600. As you can see from the video that shows five days of profit, the course can quickly pay for itself even with trading one contract. As ATO creator John Paul says, the ATO also works with currencies “that move.” The Euro is an excellent market for the ATO because of its worldwide popularity.
Right now, Day Trade to Win is offering $60 off its ATO course using the coupon code ATONEWS at checkout. The live training session is usually scheduled within a week of purchase. You can see how the ATO was plotted for the current day and last few days while asking questions.
Recent weeks have been excellent for trading the E-mini with the average true range (ATR) value hovering between the two to four point area. Using NinjaTrader, John Paul from Day Trade to Win demonstrates the ease and effectiveness of ES trading using the Atlas Line indicator software. With advanced signals for going long or short, the Atlas Line confirms direction while serving as a powerful filtering tool. It’s perfectly useable as a standalone method or in combination with Day Trade to Win’s other price action techniques. There are two license options available: a six month and a lifetime. Both include lifetime support and a free, live instructional webinar with Atlas Line creator John Paul. You can learn how to use the order signals and learn to identify Atlas Line Strength Trades, PullBack trades, bounces and other techniques. Remember, even if you trade markets like the YM, CL, TF or 6E, the Atlas Line can be just as effective. Be sure to ask JP to go over specifics upon purchase.