Scalping the E-mini for Ticks Using Limit Orders

Get the Trade Scalper signals on your chart

Let’s take a look at a E-mini S&P Trade Scalper trade from Aug. 26, 2016. The Trade Scalper software produced a short signal at 2181.75. This is the exact limit order price John Paul wants to get. Typically, with market orders, you’ll lose a tick due to slippage. As with any trade, getting filled sooner rather than later, is preferred. The longer the wait, the greater the risk. Especially in scalping, you want “instant in, instant out” if possible. Scalping can be done all day long in different markets, but the conditions have to be suitable. Avoid news events, as they produce market volatility. Also, avoid the first 10 minutes of the session open and the final 20 minutes of the day. During these times, buyers and sellers are battling it out, and individual traders like yourself can get into trouble. In this trade, the profit target is about two ticks. If the profit target was not reached, you would follow the rules to exit at small profit, break even, or loss. Markets love to test where they’ve previously been, and this trade is an example of that.

Two E-mini Atlas Line Trades: Short and Pullback Signals

Get the Atlas Line signals on your chart

Here’s a quick three-minute video of Atlas Line trades for today, August 26, 2016. First, there was a nice short trade signal produce at 9:55 a.m. EDT. The signal appeared at the close of the candle, at 2178.25. The market is neither overbought nor oversold. In fact, the signal coincides with the Roadmap and a couple of other strategies. Later in the day, an Atlas Line Pullback trade occurred, signified by the multiple P symbols that appear above the candles. With Pullback, Strength, and trades used by other strategies, it’s best to make profit as quickly as possible. Behind the 5-min Atlas Line chart, there’s a 1-min chart using the Trade Scalper. Notice how price is touching the profit target. Price needs to pass through the target to ensure a fill. Within a few seconds, John Paul makes three ticks of profit.

Trading Webinar – How to Handle Slow Trading Days & ATO Strategy

Part 1

Part 2

Learn the ATO strategy and many more price action methods by taking part in the next Group Mentorship. Group Mentorship begins Sep. 7, 2016. All courses and software are included. Click here to secure your seat. With your deposit, we will send you the ATO course and software, so you can get started right away.

We’ve had some slow activity in the markets lately. If conditions are too slow, it’s difficult to find trades. On daily charts, you will often see cycles consisting of groups of candles in tight ranges followed by sharp break outs. In this webinar, John Paul covers how to handle this behavior. If recent days have been slow, assume more of the same. If the market begins to stall, then a change in direction may soon occur. You can get a better picture of daily activity by switching to a daily or monthly chart. If a day has a large range range, there’s a chance the following day will trend.

What about intraday? At about 7:50 into the Part 1 video, John Paul explains the concept behind the ATO (At the Open Strategy). When a market first opens, there is often a push in one direction (up or down). Being able to recognize the direction and using it to take profit is the basis of the ATO. If you take the European or Australian market open and match up the times in the E-mini, you can often see the market pushing in one direction at these times as well. After the direction is determined, is there a way to get a better entry price? Markets love to test where they’ve already been. Wait for the retest to occur. Even though the ATO will plot signals in the afternoon, only consider trades in the first 2.5 hours. If no signals generate by noon, then there were simply no trades for the beginning push of the day.

At about 28 min. into the first part, you can see two ATO trades that at first look, would have not worked out. Sometimes, you can get a signal, but no fill. This means the market is too strong to the upside or downside. This setup here is called Chase the Trade – it’s an additional long or short available if the original fill does not occur. Chase the Trade trades are placed as stop with limit orders (middle mouse button). Then it’s a matter of waiting until price hopefully goes in your favor.

In Part 2, John Paul discusses using the ATO on the Euro (6E), front-running trades, MIT orders, scalping, and more.

Webinar Recording – Atlas Line, Trade Scalper, & Trade Management

Part 1

Part 2

Did you miss today’s webinar? Here’s your chance to watch the recording. The recording consists of two parts.

Covered in the webinar:

• ABC Strategy – how it works and where to enter
• ATR (Average True Range) – gauging risk, stops, and profits
• Atlas Line – accurate entry signals on a 5-min chart
• Trade Scalper – quick trades on a 1-min chart
• News events – what to look for and how to trade them
• Phantom orders – are the markets tricking you on purpose?
…and much more!

Learn all of John Paul’s strategies by enrolling in the next Group Mentorship class. The next class begins Sep. 6, 2016. Click here to submit your deposit. After submitting your deposit, we will email you the first week’s materials, so you can get started right away.

Using Roadmap Price Action Strategy on E-mini S&P to Find Manipulation

John Paul spots a Roadmap opportunity on the E-mini S&P on August 12, 2016. Most indicators would be telling you to go short. It looks like a downward trend, why not? However, you would be mistaken. The Roadmap (provided with Mentorship) is telling you the opposite – go long.

The markets are manipulated. Unless you know where to find the manipulation, the markets can trick you into following trends that aren’t truly there.

What does the Roadmap do? It can help you spot manipulation and find exact trades (entry points) to take. It also filters other strategies. In the video, watch how the market reverses to the long side, as predicted by John Paul.

How can you get the Roadmap? Join the next Individual or Group Mentorship Program. The next class begins September 6, 2016. Classes will be Tuesdays and Wednesdays from 4 p.m. to 5 p.m. US/Eastern (New York Time). Click here to submit your deposit and reserve your seat. With your deposit, you will receive the first week’s course and software (ATO strategy), so you can study and practice in advance.

Multiple Price Action Strategies from Mentorship Validate Trades

Join our next Group Mentorship class:
Click here to submit your deposit and reserve your seat.
Seating is first come, first-served

In this video, John Paul demonstrates how the Mentorship Program provides a plan for tackling the markets every day. Without a plan, it’s almost impossible to get ahead. He’s demonstrating using the E-mini S&P 500 and the September 2016 contract.

Before risking money in the markets, you have to consider the following:

  • Is the market over-bought or over-sold?
  • Is there a Roadmap trade?
  • Is there an Atlas Line trade?
  • Is there a Blueprint trade?
  • Is there an At the Open trade?
  • Are there any news events?
  • Any X-5 trades?

…and so on. These strategies, and the others that are taught in Mentorship, work together to filter and validate trades. In the video’s example, you’ll see how an Atlas Line long trade works. As the market continues higher, a Roadmap area indicates caution ahead. This sensitive area is where the market will likely encounter manipulation and greater unpredictability. Sure enough, the market stalled out in the Roadmap, then reversed. If you knew in advance this was a problem area, you would have stayed out and possibly prevented loss. The market continues bearishly, reaching a period of Yo-Yo Bars. It would have been tempting to guess the chop was over and jump in without a plan. Instead, you should have a reason for placing a trade. The Atlas Line provides this reason, in the form of a short signal. This short is confirmed by a Blueprint trade. In this scenario, there are to strategies telling John Paul to go short.

Remember that the Mentorship Program teaches you many different price action strategies and how to use them together as one cohesive trading plan. In John Paul’s recap, you’ll see seven types of trades for this one day. You do not have to take them all, but there are plenty of opportunities. Don’t trade more – trade correctly!

Alternatively, you can enroll in a one-on-one class (Individual Mentorship), where you can talk with John Paul over Skype and customize the training to meet your schedule.

Understanding Price Action – How to Find Yo-Yo Bars

Let’s make reading charts easier by understanding what Yo-Yo Bars are and how they work. Firstly, the candles (or bars) on a chart can give clues as to how the marketing is feeling and what to anticipate in the near future. A specific grouping of bars can be an even greater indicator of what to expect. By being able to read a chart, you’ll be ahead of many traders.

Much of candlestick terminology is based on the Japanese language. Luckily, John Paul’s basic approach to candlestick interpretation is simple. Knowing a specific pattern is enough.

You’ve probably come across these candlestick terms: shooting star, doji, evening star, hammer, hanging man, harami, etc. Here’s a picture of the different types of candles that can appear on a chart:

Instead of memorizing each term and formation, focus on the following concepts. Remember that Yo-Yo Bars and Yo-Yo Candles mean the same thing.

Understanding Yo-Yo Bars

1. Markets can trend in either direction. They can also chop back and forth with no overall direction. Some days can exhibit both types of activity.

2. It’s better to focus on markets that trend. Trending markets have a more consistent direction.

3. Be on the lookout for periods where trending markets “rest.”

4. When a trending market rests, this is a Yo-Yo period. To clarify, a trending market will slow down and take a break. During this period, the buyers counteract the sellers, and vice-versa.

5. Yo-Yo-Bars appear in groups because they signify periods of resting activity. Price has stalled and has failed to move further.

6. Focus on a cluster of Yo-Yo Bars to catch the next move.

7. A single Yo-Yo Bar is inadequate – you will need multiple bars.

Click the image to see it larger

8. Look for Yo-Yo Bars on all times frames – 5-min, hourly, daily, etc.

9. Look for Yo-Yo bars on futures, currencies, and stocks; not just the E-mini S&P.

10. Charts with shorter time frames will produce groups of Yo-Yo Bars faster than longer time frame charts. A 1-min chart will require smaller profit targets and stops.

Overcomplicating charts with many indicators will only cause confusion. Price action is a much clearer way to gain and idea of what to expect. Less is more!

Hopefully, you will now be able to find Yo-Yo Bars. The next step is to understand exactly how to use them for entries. The upcoming Mentorship Program will teach you just that.

5 Ways to Plan Your Trading Day in Advance

Planning ahead for the trading week is a very important, yet often overlooked trading task. Many traders guess if the conditions are suitable for trading instead of using objective rules. Professional traders of futures, forex, and stocks know better.

Here are several ways to prepare:

1. Know the upcoming news events for the day and the week. Look at our news calendar or Bloomberg’s site for high priority events. These events, usually marked with a red color, can cause significant volatility. Most of the time, it’s best to wait for the volatility to subside. Also look for Fed Chair or Janet Yellen listings. Even if marked medium or lower priority, the Fed Chair can move the market with her announcements.

Important times for news events:

8:30 ET
10:00 ET
12:30 ET
14:00 ET
14:30 ET

Click here to access our news events page

Click the image to see it larger

2. Markets move in cycles. Compare today’s price action to recent days. Is it similar? Often times, it is. That’s because cycles are usually three to six days in duration. If you’ve seen slowness, expect slowness. If there’s been volatility, expect volatility. The last four days provide a picture of what to expect. The ATR (Average True Trange) can help determine volatility. Also, switch to a daily chart. You may see groups of three to four candles stuck in a range.

Click the image to see it larger

3. If there’s an upcoming Monday holiday and the market will be closed, expect Friday’s activity to be slow. Three day weekends can produce “stair step” price action, which is best avoided. Mornings are the best, but Friday afternoons before a Monday holiday are often slow. A few exceptions to this rule are Christmas, New Year’s, Thanksgiving, and Easter, where you can have decent volatility.

4. International news events push and pull the markets. Take a look at Brexit. Brokers increased margins to account for the volatility. War, economic calamities, terrorist acts, and natural disasters often trigger unpredictable movement. If there’s big news in the UK, expect a ripple effect in the U.S. markets. Such ripples can be felt for weeks, as we’ve experienced with Brexit.

5. When the market approaches or exceeds new highs or lows, expect volatility. That almost goes without saying because volatility is often what gets the market to these new extremes to begin with. However, once they are surpassed, you could be facing a reversal or consecutive retracements until the market “decides” where it wants to be. Pull up a daily chart and note the recent all-time highs and lows. Markets love to trade where they’ve been before. If things get too volatile, it’s best to stay out and wait for another setup to occur.

Recent Mentorship Trades – Did You Take Any?

Click the image above to see the expanded chart.

Did you catch any of these trades?

Every day, there are many opportunities that traders miss, such as the Roadmap, Blueprint, and Atlas Line trades. If you’re interested in these trades, the Mentorship Program is right for you. For special discounts for the August 15, 2016 class, call us at 1-888-607-0008 or email us at [email protected] Now that we are approaching the end of summer, let’s add to your education! Classes will be Mondays and Wednesdays from 4 p.m. to 5 p.m. US/Eastern.

Click here to submit your deposit and reserve your seat.
Seating is first come, first-served

Included with Mentorship:
• 8 weeks of live training with John Paul
• Trade Scalper course & software
• Price Action Scalping course & software
• ATO course & software
• Power Price Action methods (Yo-Yo, Stair-Step, ABC, etc.)
• X-5 course
• Roadmap software
• Filtering trades
• Manipulation
• Trading the News
• Chart setup
• All classes are recorded
• Free updates
• And more!

A Relaxing Look at Today’s E-mini S&P & Atlas Line Trades

If you’re using the Atlas Line on the E-mini S&P 500, you probably saw today’s Long signal at 2160.75. The signal was displayed at about 9:55 a.m. US/Eastern. John Paul’s risk management is related to real-time market conditions. That’s why he’s trading with nine contracts and setting his profit target and stop at those specific values. In the included live training, you’re taught these rules. When you have a specific guideline to follow, you can relax a bit more while trading. As he points out in the video, time is not your friend. The longer you stay in a trade, the more risk you’re subject to. Instead, it’s better to make profit quickly and get out. For the Atlas Line, the maximum time you would stay in the market is about 20 minutes (four candles on a 5-min. chart). When the ATR (Average True Range) is less than 4 ticks (1 point), it’s best to stay out because the market is too slow. Conversely, an ATR above 20 ticks (five points) indicates the market is too fast to trade. About 15 minutes later, John Paul’s trade approaches the profit target. When trading with any strategy, be mindful of upcoming news events. News events can cause havoc in the markets – it’s best to stay out until the volatility subsides. Also, before trading for the day, double-check your charts and data to make sure everything is working properly. Also, when you’re in a trade, you can sometimes move your stop loss closer to the profit target to lock in a trade.

Don’t miss another Atlas Line trade like the one we had today! Click here to purchase the Atlas Line. After purchase, we will email you the download link and instructions. Our support team can also provide remote assistance to help with the installation.