The Atlas Line and ATO 2 provided some great E-mini signals today and yesterday. Take a look at the charts below. These two strategies work well together on 5-min futures charts. The goal is to place a trade prior to the big move up or down. Once you place a trade, price will hopefully reach the profit target. If not, you could get out of the trade early with a smaller win, breakeven, or a loss that is smaller than the maximum stop loss. You are taught how to use the signal software to find trades and how to place them according to the rules. John Paul also goes over a number of risk management techniques, because there are no performance guarantees when it comes to trading. Let’s go through each chart and see what happened…
Here, if you stuck to the rules, you could have possibly ended up with 17 ticks of winning trades. The first signal of the day appeared at around 9:55 a.m. US/Eastern (New York time). When the 9:55 a.m. candle closed, it was time to buy the market (long trade) and ride it up towards the profit target, which was around +5 ticks. From there, an Atlas Line Strength trade occurred, resulting in a +4 tick potential winner, followed by an ATO 2 long signal and more Strength signals from the Atlas Line. Towards noon, the E-mini tends to slow down.
When two or more methods confirm the same direction, John Paul feels more confident the market will head in the anticipated direction. Like Dec. 12, Dec. 11 was another day where the ATO 2 and Atlas Line agreed. The ATO 2 and Atlas Line fired off around the same time. The ATO 2 trade came in earlier, resulting in a possible +7 tick winner. The Atlas Line’s long entry at the close of the 10 a.m. candle also produced a sizable potential winner at +6 ticks. Notice how the two systems essentially “read” the market and determined how there were no additional trades worth taking with the bit of chop that occurred later.
Okay, traders, you can finally relax – the video has finally been posted from this morning’s webinar. Yes, we had many traders come and attend to see the highly anticipated Atlas Line, ATO 2, and Trade Scalper perform under live conditions. John Paul demonstrated exactly how the signals worked and providing a lot of free education. Thanks to everyone for all the great questions. It’s always easier doing these webinars when we have such interested attendees and great feedback.
• 00:00-13:30: How to use the ABC trading method – finding entry opportunities
• 13:31-14:50: Real Atlas Line signals from recent days
• 14:51-16:56: Start of today’s live signal review (Trade Scalper, ATO 2, Atlas Line, & Roadmap)
• 16:57-17:56: ATO 2 & Roadmap signals on the same chart
• 17:57-20:14: Atlas Line real-time signal *winner* with alert sound (long at 2627) and ATM Strategy
• 00:00-02:34: Atlas Line real-time signal #2 with ATM Strategy
• 02:35-06:39: Minimizing risk with trade management & additional signals
• 06:40-07:28: Trade Scalper indicator settings & signals
• 07:29-11:28: Attendee questions: bar timer and Atlas Line trades
• 11:29-13:26: Trade Scalper & Atlas Line at the same time (1-min chart)
• 13:27-19:08: Recent ATO 2 and Atlas Line signals + news events
• 19:09-22:39: Trade Scalper real-time signal *winner*
• 22:40-27:09: Identifying healthy market conditions
December 7, 2017, is rollover day for CME Group Equity Index futures. If you trade the E-mini S&P and related markets with NinjaTrader, you will need to perform the following steps to ensure that you are trading an “active” market. The E-mini (ES in NinjaTrader) rolls over four times a year in a quarterly cycle. Now, we will transition from the ES 12-17 contract period to the ES 03-18 contract period. On March 8, 2018, we will transition to the ES 06-18 contract period. Note that the pictures below have been cropped for space constraints.
How to roll over in NinjaTrader 8:
1. In NinjaTrader’s Control Center, go to Tools > Database Management.
2. In the Database Management window, you should see a list of markets that need to be rolled over. Click the Rollover button, accept any messages, and close the window.
3. Go back to your chart(s) and make sure that ES 03-18 is shown in the upper-right corner. If you still see ES 12-17, click the nearby down arrow, go to the Futures menu item, and select ES 03-18.
At this point, your contracts should have rolled over. Note that markets like the CL roll over on a monthly basis, so it’s always good to check in with Database Management from time to time.
Some traders prefer to wait to roll over until the majority of the volume has transferred to the new contract period. If you want to try this approach, you can monitor recent volume levels on this page.
What a great day for the Atlas Line software. This morning around 9:55 a.m. EST (UTC-5), the Atlas Line generated a short signal. The signal was generated at the close of the 9:55 a.m. candle when price reached 2662. Price continued to drop. If you held on to this trade according to the rules, you would have ended up with a winner. How much? Well, when the signal fired off, the ATR (Average True Range) was around 2.5. You can see the ATR value for yourself by adding the ATR indicator and using a period value of four. This 2.5 value is used for the profit target. The ATR stayed above two points for the remainder of the trade. The winning trade was worth over two points. Note that the Atlas Line did not produce any Strength or Pullback signals, even though the market trended down. However, if you used the ATO 2 software, you would have got in short again around 10:45 a.m. to ride another winning trade down.
What does the big picture look like? Switch to a daily chart and take a look at the high that was reached on Nov. 30, 2017. We could be witnessing the start of a move down the next few days. If that’s the case, we’re going to use the January Effect to look for bullish entry – the same as we’ve done multiple times this year. This may be one of the few January Effect trades that remain in 2017. If you’ve been on the fence about picking up the Atlas Line, now is the time to do it. It looks like there could be some big winners left in 2017. It’s also good to get familiar with the system now because we have a brand new year on the way that will be full of opportunities. Remember, there’s significant financial risk in trading and no guarantees of performance. Only trade with money you can afford to live without.
We’re now in December, so that means you need to be aware of upcoming holidays and the end of year holiday trading schedule. CME Group, the organization that oversees futures markets like the E-mini S&P, has released a 2017 CME Globex Trading Schedule. The schedule lists observed holidays in 2017. Each holiday notice is provided in an Excel spreadsheet. Understanding the notices can be a bit tricky, so we’ve done our best to consolidate the closures. Note that we mainly trade equity products, so that is what is described below. Certain commodities, for example, may experience closures at other times. The US/Eastern time zone (EST, GMT-5, New York Time) is used for all listed times below.
Dec. 25, 2017: Monday, Christmas Day – markets are closed and will reopen in the evening at 6:00 p.m.
Jan. 1, 2018: Monday, New Year’s Day – markets are closed and will reopen in the evening at 6:00 p.m.
By the way, Christmas Eve and New Year’s Eve fall on Sundays. The CME Group’s compact Excel time notices do not describe any closures for these days.
Dr. Martin Luther King, Jr. Day is the next holiday in early Jan. 2018, falling on Monday, Jan. 15, 2018. In observance, the markets will halt at 1:00 p.m. and reopen in the evening at 6:00 p.m.
The Atlas Line produced a nice long trade on Nov. 21. This trade was similar to those we’ve seen lately based on the January Effect. John Paul expects more of these trades to occur as we pass through the remaining weeks of 2017. When the market retraces back to the 50% level or tests the prior high, it’s time to enter according to the January Effect strategy. If you followed it, you would have entered in around 2577 or 2578. When you’re trading with the Atlas Line and the January Effect method, you will need to switch between the 5-minute and daily chart time frames, respectively. For example, if you’re seeing that the January Effect’s daily chart is showing the market is likely to move up, confirm that direction with the Atlas Line on the 5-minute chart. With two confirming methods, you may have a better chance at a successful trade.
As a reminder, tomorrow, November 22 is Thanksgiving Day here in the U.S. Expect the markets to be closed and to reopen in the evening, US/Eastern time.
On November 16, 2017, the Atlas Line produced a nice long trade before the market trended upward. Remember that our previous video shows how the January Effect may have predicted this move up. This video shows you how the Atlas Line signal was traded. Because of the Long Atlas Line signal, John Paul placed a Buy market order. In the DOM window, you can see how he had an ATM Strategy selected called “fast 3 point market.” Because Chart Trader was enabled, you can see the green profit target and red stop loss lines directly on the chart. This is a visual indication of where you want price to reach for profit (green line) and where you want price to stay away from (red line).
With the Atlas Line, multiple stop loss strategies are used in an attempt to limit risk and maximize profits. In total, about four different stop strategies are taught for use with the Atlas Line: catastrophic, prove-it, time-based, and pivot stop. We use stops that are specific to current market conditions. That is also true with profit targets, as explained by John Paul in this video at 2:40.
The Atlas Line is useful for the January Effect because it may help you find winning long trades that expected to occur throughout the remainder of the year. It’s always important to take time to practice. If you need help getting set up with NinjaTrader and live data for practice, we can point you in the right direction with our free trading guide. You don’t need a broker or to purchase the trading platform to get started.
Here’s a quick video to show you the long opportunity that is happening right now in the E-mini S&P market. It’s based on the January Effect, which is a yearly market forecast technique taught by John Paul. This is a follow-up to the recent January Effect videos that describe how you can find great trading opportunities by waiting for “up moves” in the market. Based on the rules, a trading opportunity has presented itself. After reaching a new high, there were multiple days retracing downward. Now the market is turning around and testing where it has been before. John Paul predicts the market will go higher by the end of the year and believes now is a great time to buy. He says you can also go long once price breaks the recent high (2594.50) and closes a point or two above. This activity could happen towards the end of November or sometime in December. Remember, this is all consistent with the rules for the January Effect, as we have explained in other posts.
Speaking of those rules, look at the recent price action. Look at the 100%, 50%, and 0% lines on the chart in the video. The 50% line is the approximate place you could enter for the ride up. If you want intraday confirmation, consider using the Atlas Line software. At around 2:10 into the video, John Paul begins to explain how the Atlas Line can provide an indication of expected market direction. Look at that nice Atlas Line signal to go long right at the close of the 9:55 a.m. EST candle. Price shot up right after.
Remember, you can get the Atlas Line and coaching on all of our strategies by attending the next eight-week Mentorship class. This next class begins Nov. 21, 2017. Training is twice a week. Each class is about an hour long. You receive all courses and software with lifetime licenses. In the training, you can hear John Paul talk and see his charts as he teaches you live. We break the payments into three installments. Click here for details or send us an email at support[email protected]
Take a look at the last two days of Atlas Line and ATO 2 trading performance in this video. To get both systems, sign up for our next eight-week Mentorship class, which begins Nov. 21, 2017. All courses and software are included with lifetime licenses. Click here for Mentorship details.
The beginning of this video starts off by showing the Atlas Line and ATO 2 producing signals soon after the market opened (10:00 a.m. EST) on 11/13. Both of the 11/13 signals are long. John Paul believes that when multiple strategies tell you the market is headed in one direction, there may be a higher probability of that trade being a winner. For this trade, the profit target is around 6 or 7 ticks. The profit target is based on the ATR (Average True Range). For reference, 7 ticks of profit on the E-mini is worth $87.50 before any trading feeds (such as broker fees) are applied. If you trade more contracts, you can multiply this value by the number of contracts traded.
For the 11/14 trade, both the Atlas Line and ATO 2 produced short signals. The Atlas Line short trade was successful. The ATO 2 also called out nice bearish movement ahead of time. The main focus in the video are the pullback trades. These pullbacks are symbolized by the red Ps. Think of them like follow-up trades for the main signals. The rules for these strategies are explained in the live training as well as our eight-week Mentorship Program. Note that this video is sped up to show the systems in a short period of time.
A new Group Private Mentorship class begins December 18, 2017. Eight weeks of live training with John Paul will teach you everything you need to know to successfully trade futures and currencies. All courses and software are included with full, non-expiring licenses. This new session has classes twice each week.
We expect this new session to fill up quickly. It’s a good idea to reserve your seat as soon as possible.
Click here to submit your $500 deposit. This deposit secures your seat and provides you with the first week’s materials ahead of time. You’ll be able to receive the ATO 2 course and software for NinjaTrader right away!
• Live coaching with Day Trade to Win founder John Paul
• Atlas Line® software
• Roadmap method
• Blueprint method (as taught in Power Price Action)
• X-5 method (as taught in the Floor Trader Secrets Manual)
• At the Open 2 (ATO 2) Course
• Trade Scalper Course
• Price Action Scalping Course
• ABC Pattern
• How to Filter Trades
• How to Trade the News
• How to Set Up Your Charts
• How Manipulation Works
All trades should be considered hypothetical. No guarantees or claims of performance are offered. Past performance is not indicative of future results. Day trading is risky and may cause substantial financial loss. Individual performance may vary, as trading subjects your finances to new, unexpected market conditions. You are responsible for executing trades. Before trading, consult with a licensed broker and a financial expert see if day trading is suitable for you.
CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.
GOVERNMENT REGULATIONS REQUIRE DISCLOSURE OF THE FACT THAT WHILE THESE METHODS MAY HAVE WORKED IN THE PAST, PAST RESULTS ARE NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. WHILE THERE IS A POTENTIAL FOR PROFITS THERE IS ALSO A RISK OF LOSS. A LOSS INCURRED IN CONNECTION WITH TRADING FUTURES CONTRACTS CAN BE SIGNIFICANT. YOU SHOULD THEREFORE CAREFULLY CONSIDER WHETHER SUCH TRADING IS SUITABLE FOR YOU IN LIGHT OF YOUR FINANCIAL CONDITION SINCE ALL SPECULATIVE TRADING IS INHERENTLY RISKY AND SHOULD ONLY BE UNDERTAKEN BY INDIVIDUALS WITH ADEQUATE RISK CAPITAL.
ANY ADVISORY OR SIGNAL GENERATED BY DAY TRADE TO WIN IS PROVIDED FOR EDUCATIONAL PURPOSED ONLY. ANY TRADES PLACED UPON RELIANCE ON WWW.DAYTRADETOWIN.COM SYSTEMS ARE TAKEN AT YOUR OWN RISK FOR YOUR OWN ACCOUNT. PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS. WHILE THERE IS GREAT POTENTIAL FOR REWARD TRADING COMMODITY FUTURES, THERE IS ALSO SUBSTANTIAL RISK OF LOSS IN ALL TRADING. YOU MUST DECIDE YOUR OWN SUITABILITY TO TRADE OR NOT. FUTURES RESULTS CAN NEVER BE GUARANTEED. THIS IS NOT AN OFFER TO BUY OR SELL FUTURES OR COMMODITY INTERESTS.