Trade Scalper Day Trading Strategy FDAX Signals

Aug. 17, 2018 Trading Coach 2 Comments

We’ve been seeing many people ordering the Trade Scalper lately, so we though it would be a good idea to share with you a couple of recent trades from today, Aug. 17, 2018.


Purchase the Trade Scalper

The market being traded is the German DAX (FDAX in NinjaTrader). In case you’re unfamiliar with the DAX, it’s kind of like the German equivalent of the E-mini S&P. Wikipedia defines the DAX as “…consisting of the 30 major German companies trading on the Frankfurt Stock Exchange.” The European session is being traded, which opens at 3:00 a.m. US/Eastern time. Don’t worry – the Trade Scalper produces many opportunities throughout the day in many markets.

The first thing you’ll probably notice is all the Long and Short signals. You’re looking at the Trade Scalper indicator for NinjaTrader. This is not the same version that you will get. In fact, the version you will get is better because it draws a number of lines that guide your trading. We can’t show the customer version because it would be giving away too much. The Trade Scalper signal software looks for trades automatically and places signals. The signals let you know the direction price is expected to head. For those of you new to trading, Long means price is expected to rise. Likewise, Short means price is expected to fall. With trading, it’s possible to make and lose money trading in both directions.

The boxes that you see are simply measurements of distances between high and low price points so that you can get a better idea of potential profit or loss.

Check out that first losing trade! Yes, not every trade is going to be a winner. The goal is more winning than losing trades, or at minimum, the overall gains must outweight the losses. The Trade Scalper uses a maximum stop loss of six ticks to control loss on each trade.

The second signal looks like it would have been worth +3 ticks. With scalping, the concept is getting in and getting out quickly while stacking profits. With the Trade Scalper software, you can use an audio alert. This is helpful if you’re using your computer to work on other things (multitasking) and need to jump into NinjaTrader to place a scalping trade. Following signals makes it pretty easy. Of course, you will learn the method behind the signals. If you wanted to manually trade on a different platform using your understanding of the strategy, you have that option, too.

MetaTrader 5 & 4 Trading Strategy: ATO 2 Forex Signals

Aug. 10, 2018 Trading Coach 2 Comments

Interested in forex (fx) trading? Recently, we announced the ATO 2 would be coming to MetaTrader 5 and MetaTrader 4. Here’s a video with more information. Take a look at the short entry signal that appeared today for the EURUSD currency pair. This signal occurred soon after the London open.

We are extending our early access discount offer. Save 20% on the ATO 2 for MetaTrader for a limited time. Use this special link to purchase. Questions? Contact us at [email protected]

Next week, we will begin supporting MetaTrader users. For about 10 years, we’ve focused exclusively on NinjaTrader. NinjaTrader is an excellent platform that we will continue to support. It’s also good that we branch out and support other popular platforms. MetaTrader is one of the most popular platforms for currency trading. For some time, we’ve received requests to support MetaTrader.

ATO 2 Details

• The ATO 2 (At the Open 2) method focuses on finding trading opportunities within the first or so after market open.

• Signal(s) usually appears within minutes after the open

• Profit target and stop loss are based on current market conditions, using “realistic” rules

• You fully learn the strategy, so you understand why the indicator signal is saying to go long or short

• Compatible with forex opens for New York, London, Frankfurt, Tokyo, and Sydney

• Uses a 5 Minute chart (“M5” in MetaTrader)

• No need to hold a trade longer than 20 min. The idea is to relax and enjoy the day after trading.

• Know when to trade and when to stay out to potentially mitigate some risk

• Easy to learn rules for entry and exit (systematic)

• Live training is included

Two Videos: ATO 2 & Atlas Line Trade + January Effect 2018 Review

Aug. 7, 2018 Trading Coach Comment

Here’s another example of how the ATO 2 and Atlas Line work well together. They both agreed the E-mini’s price would rise. The long signals occurred around 10 a.m. EDT. The prediction was correct. The online training video and live training explain how to interpret the signals and time your trades correctly. Remember that the ATO 2 and Atlas Line are normally sold separately. Our eight-week Mentorship Program (next class begins Aug. 14) includes all courses and software. Mentorhip is the best way to get everything in one complete package.

This video also covers indicator installation. We’ve discussed this in previous videos. By the way, we provide our clients with remote support to help with such installation. It’s a good idea to keep the indicator .zip files around after they’re installed. If you get a new computer or need to restore your current one, using existing files is faster than our (already fast) customer support.

Have you been following the January Effect in 2018? We posted a video earlier in the year. Since April, we’ve seen E-mini price rise overall. This has provided swing trading opportunities. Most of the time, we focus on intraday trading. If your trading account can handle positions held through multiple days, review the strategy. Note that price needs to surpass the 50% level to prove the market is ready. The Fibonacci tool in NinjaTrader (and possibly other platforms) can be configured to only draw 0%, 50%, and 100% levels. We use the tool to determine the halfway point between two price values. If your platform has a measure or line tool, that may work, too. Once you get in above the 50% level, the idea is to ride the price up and get out with profit. In some cases, we’ve seen how the January Effect, especially using a daily chart, may give us an indication of the day is expected to trend or not. Of course, nothing is guaranteed.

Real-Time Atlas Line Trade: A Quick +2 Points

Aug. 1, 2018 Trading Coach Comment

Want the ATO 2? Click here

Want the Atlas Line? Click here

Interested in getting a deal on both? We have a special sale going on right now for the ATO 2 and Atlas Line when purchased together. Contact us at [email protected] for details. The Mentorship is also a great way to get all of our courses and software (see below).

The ATO 2 and Atlas Line produced a long (buy) trade signal that matched up really well. When multiple strategies confirm the same direction, we tend to feel more confident. In this video, the E-mini S&P is being trading with NinjaTrader 8. Look at the Long signal generated by the Atlas Line at 10:20 a.m. EDT when the bar closed at 2822.75. We placed a buy market order soon after the signal appeared.

By the way, you can set up these signals to play a sound file in case you’re away or doing other things on your computer.

Take a look at the profit target and stop loss in play. See how they automatically appeared with a green line on the chart? That’s because prior to this trade, an ATM Strategy was set up. ATM Strategies let you predefine profit targets and stop losses. The ATM Strategy in use here uses a profit target of 2 points and a stop loss of 4 points. If the profit target is hit when trading with one contract, that’s a profit of $100 on the E-mini S&P. Of course, you can trade with more contracts (providing you have enough funds in your broker account). For example, 2 contract would produce $200 in this example, before any broker commissions are applied. Remember that you can fully practice sim trading the Atlas Line and ATO 2 with NinjaTrader. If you need help with this, let us know. NinjaTrader is free to use for sim trading (as well as MetaTrader).

Yes, you can change your profit target and stop loss while in a trade in order to adapt to real-time conditions. However, doing so places you “at the back of the line” so only do this when it’s necessary. If the trade is going against you (according to the rules of the strategy), then it may be best to simply close the position via the DOM.

In case you’re new to trading, a profit target is your “goal” for how much you want to make (always keep it within reason) on a trade. The stop loss is how much you are willing to lose (keep this within reason as well). Too small of a stop loss can result in an early loss that may have turned into a profit had the stop been larger. A stop that is too large simply opens you up to too much risk if the trade goes against you.

With both the ATO 2 and Atlas Line strategies, we use the ATR (Average True Range) to first determine whether the market is good to trade (a good amount of volatility). Next, we use the ATR to determine our profit target and stop loss for each strategy.  As mentioned, we like to keep the profit target and stop loss within reason. There’s a quick mental math formula for this that is explained in the training materials provided with the purchase of both strategies. In short, the market can possibly produce a bigger profit in faster conditions, so we use a larger profit target when the market is more volatile. The inverse of this is true, where slow conditions require a smaller profit target. The same idea is used for stop losses. For the Atlas Line, we actually have three different stop strategies we teach for various conditions. It sounds advanced, but most people get the hang of it rather quickly.

The light gold market in the price axis of the chart indicates the entry position. Price movement relative to the entry position dictates the profit or loss. The DOM shows profit and loss in real-time, as does the text (green in this case because of the profit) that’s “connected” to the entry position on the chart.

Overall, the main idea of our strategies is to let price “show us what it wants to do.” We follow price action. Get in and get out with the least amount of risk and using confirmation as much as possible. We want to keep it simple and realistic. No need to stay in trades for longer than we have to.

The next Group Mentorship class that begins on Aug. 14, 2018 is the best way to get all of our courses and software with live training. Training occurs over eight weeks. We teach you all the strategies. Every class is recorded for later playback/review. We can also provide remote support to help with installation and configuration of your trading platform. The live training room allows you to ask questions. We also provide email support for your trading questions.

Announcing ATO 2 for MetaTrader 4 & 5

Jul. 30, 2018 Trading Coach Comment

Early Access Sale: Save 20%

ATO 2 Indicator for MetaTrader 4 & MetaTrader 5

Our powerful ATO 2 trading software will soon be available for MetaTrader 4 & 5. We are currently applying the finishing touches to the indicator and finalizing testing. Many traders have asked us to support MetaTrader because it’s one of the most popular platforms for forex trading. Well, the time has come!

MetaTrader 5 & MetaTrader 4

We are providing a special 20% off discount for the ATO 2 for the first 10 people who purchase.

Click here to purchase

Note that you are purchasing the ATO 2 in early access. The ATO 2 indicator will be provided to you as soon as it is complete (approximately within two weeks – subject to change). Lock in your savings now and we’ll send over the indicator once it’s ready!

The final version of the ATO for MetaTrader 4 & 5 will include:

  • Automatically ATO 2 shaded regions and entry lines
  • Supports for all major 24-hour forex opens (NY, London, Tokyo, Sydney)
  • Support for futures markets (MetaTrader 5)
  • Customizable colors and other settings
  • Live training, online training video, and email support included

FAQ

Is the ATO 2 for NinjaTrader still available?
Of course! We are just rolling out support to a new trading platform.

I have the ATO 2 for NinjaTrader. Can I get the MetaTrader version for free?
We only support one platform per customer. If you would like to permanently transfer your NinjaTrader license to MetaTrader, contact us at [email protected] Please be sure that you will only want to trade with MetaTrader in the future. If you use our other products as well (e.g. Atlas Line), it’s probably best that you wait until we have our other products available for MetaTrader.

Is this version superior to the NinjaTrader version?
Both are equivalent and will produce similar signals. There are some visual differences in how the signals are represented.

New Group Mentorship Class Starts August 14, 2018

Jul. 14, 2018 Trading Coach 21 Comments

Day Trading CoachA new Group Private Mentorship class begins Aug. 14, 2018. 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!

What’s included?
• 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

…plus much more!

See real Mentorship Program reviews written by students

July 4 Trading Holiday Reminder

Jun. 29, 2018 Trading Coach Comment

Day Trading CoachHi traders! In the U.S., we will be celebrating the July 4 federal holiday (Independence Day) next week. As a little history lesson, Independence Day recognizes the anniversary of the U.S.’s independence (from Great Britian), as per the Declaration of Independence from way back on July 4, 1776. Because it’s a fairly major holiday, the markets will observe different open hours. All futures traders should make a mental note. Sometimes, markets can be a little slow around a holiday, or even the same day up until the early close. Be prepared for some wonky activity. Also, it’s not a good idea to place a trade and then have the market close. If that happens, you should probably call your broker right away.

In any case, here are the details. Remember, these are market hours according to the CME. Click here to view the official CME information. The Excel spreadsheets can be a bit confusing, so we summarized the most important information for most traders below. Commodity markets (wheat, dairy, etc.) are not noted below, so if you trade those, check out the CME information.

• Tuesday, July 3, 2018: Equity and Bitcoin markets close early at 1:15 p.m. EDT (UTC-4). Note that forex, interest rate, energy, metal, and DME markets will be open normal hours.

• Wednesday, July 4, 2018: Equity, forex, bitcoin, interest rate, energy, metals, and DME markets halt at 1:00 p.m. EDT (UTC-4) and reopen at 6:00 p.m. EDT (UTC-4).

Expect normal market hours the rest of the week.

The next holiday to watch for is Labor Day in early September.

As a reminder, July 2 is the start of our Group Mentorship. If you want to gain your independence from less than stellar trading techniques and learn something new, consider enrolling!

How to Become a Day Trader

Jun. 22, 2018 Trading Coach Comment

Day Trading Coach“Carl, how do I become a day trader?” That is a question that many aspiring day traders have asked me during my 20-year trading career. As a professional trader at a renowned U.S. firm, I was regularly approached by people who were interested learning how to trade, but did not know where to start. If this also sounds like you, you’ve come to the right place.

Essentially, there are two main routes to become a day trader.

One way is by learning everything yourself from scratch. This is often the most time-consuming and expensive path. You’ll need to find the right books to read and spend long hours going through them. You’ll need to be confident the information you read is actually true and still applicable to today’s markets.

In addition to reading and learning, practice is required – much practice, in fact. You’ll need to put the knowledge to the test over days, weeks, and even months and hope that the strategies work. You’ll need to devote a lot of time into trial and error as well as logging your performance (what works, what doesn’t). Very few of us have such free time to properly test and get a feel for how day trading strategies work. You may have heard that being an expert in any area requires at least 10,000 hours of practice. This is often referred to as the “10,0000 hour rule.” This equates to 20 hours of work per week for 10 years. Do you have that much time? When trading, your hard-earned money is on the line. Would you want to risk thousands of dollars with a basic understanding of how the markets work? I do not recommend placing trades without being an expert. There’s just no point in risking and losing your hard-earned money.

Fortunately, there is a much better way to go about learning to trade successfully. From my experience, the best way to become a successful trader is via training from a capable mentor who will share one or many day trading strategies that have been used in the markets for a long time. This mentor can share wisdom learned through decades of experience in trading and break it down into digestible portions for you to learn easily.

For more than a decade, we at Day Trade to Win have offered our services to new and experienced traders. Our strategies are not based on fads or luck; they’re based purely on the market’s price action. They’ve been successfully used by traders like you for 10+ years.

We are not aware of any similar programs offered by day trading educators.

We have strategies intended for scalping quick profits throughout the day. We have strategies that only take a few hours to trade each day, or even less. There are various options for all types of traders. You can learn them all and can decide what you enjoy using the most.

The absolute best way to learn how to become a day trader is to enroll in our eight-week coaching program called Mentorship.

In the Mentorship program, you will be directly trained in a live environment by an experienced trader. You also get all of our day trading courses and software with lifetime licenses. Our premium technical support services are also at your disposal for assistance with things like installation and configuration. We teach you how to trade through a series of online webinars. We never add any “fluff” that is often found in books and other programs. By far, our Mentorship program is the easiest and fastest way to become a day trader.

Secure your spot in the next Mentorship class. A $500 deposit secures your enrollment and provides access to the first week’s materials. Secure your spot in the next Mentorship class.

Coming Soon: New Day Trading Strategy

Jun. 5, 2018 Trading Coach 1 Comment

New Day Trading SystemWe’re very excited to let you know that we have a new day trading strategy that will soon be available. Once the indicator’s development is complete, the indicator will be available for NinjaTrader. Later, we will make it available for MetaTrader.

The day trading strategy is based on a more than a century-old method that seems to have been forgotten in the modern world of computer software and online trading. The strategy was used and refined by floor traders and stock brokers during a time when they didn’t have trading platforms and real-time stock charts.

Yes, the strategy will be compatible with futures, stocks and forex.

Interestingly, this method is not in widespread use today, despite its effectiveness. It is still just as good as it was back then. I know for a fact that it is still used by professional day traders and day trading firms. Most of the world’s largest Wall Street firms, investment banks, and hedge funds (JP Morgan, Goldman Sachs, Bridge Water, Black Rock, Renaissance Technologies, KKR, etc.) use the Bloomberg Terminal (which costs about $25,000 per year!). And guess what? This method is available for the Bloomberg Terminal.

Sign Up for Details

So, this strategy we will soon introduce appears to be a well-kept secret that only professional day traders know. But why is it not available to individual day traders like you?

Could it be that it is deliberately withheld from the public? Maybe “they” don’t want to have us use it in our own day trading for a reason? Is it because it works so well? Could it be “they” don’t want the average day trader to know about this method?

Well, that’s about to change! 😀

This day trading method has been proven to consistently beat the market. I learned it from a veteran trader about ten or fifteen years ago. I have used it successfully in my own trading on a regular basis since. But what does it do? Well, think of it as a perfect way to day trade along with the waves of supply and demand in the market.

As we all know, the irrefutable laws of supply and demand are driving futures and stocks prices. It makes sense – when there is huge demand for a stock or a futures contract, the prices will rise. There is more demand than there is supply. For more supply to become available, prices must rise.

And when there is too much supply (too much selling), prices fall. There are more sellers than buyers. So until the prices have fallen, to make the price low enough, nobody will buy.

Normally, day traders like you and me will look at a chart and see that prices are currently moving up or down. But there is currently no good way to know if the trend is going to continue. We don’t know if the current pullback is just a pause in the uptrend, or if it is the beginning of a new downtrend.

Quite often, chart price movement can trick us into believing one thing, yet the very opposite happens soon after. That’s why prices seem to fall when you have just bought a stock. That’s also why prices always tend to reverse and start rising again, right after you sold your position. That’s one of the reasons why you’re struggling with making money consistently in your day trading!

With our new day trading strategy, we have a method of “pinpointing” exact turns in the waves of supply and demand. We know the exact moments when uptrends are ending and changing to down trends. We also know when new uptrends are formed.

That’s all I can tell you at the moment. We have a number of things to finalize, including the name of this new product as well as pricing. I don’t want the wrong people to learn about our new product before we have released it. Please make sure you subscribe (see form above) to learn more details as they become available.

How to Roll Over Your Futures Contracts

Jun. 4, 2018 Trading Coach 2 Comments

It’s just about roll over time! The official roll date for E-mini futures is June 7, 2018. This means that the E-mini and other popular index futures will switch to a new contract period. In this case, the E-mini will use the September contract. In NinjaTrader, this means that you’re switching from ES 06-18 to ES 09-18. Fortunately, rolling over contracts is a straightforward process.

Be sure to follow these instructions on June 7, 2018 or soon after. The market volume is in the process of shifting to this new contract. Some traders prefer to wait until the majority of the volume is in the new contract before trading it. You can compare the volumes on this page. As of writing this on June 6, 2018, the volume of “JUN 18” is 993,196 compared to “SEP 18” at 62,254.

How to roll over:

1. Firstly, go to NinjaTrader’s Control Center > Tools > Database Management.

E-mini Roll Over 1

2. Next, if you are following these steps on June 7, 2018 or after, you should see the ES in the futures instruments list. Click the Rollover button and NinjaTrader will magically roll over your contracts.

E-mini Roll Over 2

3. Close out of the Database Management window and go to your charts. You should see that your E-mini chart is now ES 09-18. If not, you should be able to select it from the drop-down.

E-mini Roll Over 3

Remember that futures contracts expire on a quarterly cycle. The next time you’ll need to roll over is September 13, 2018. Click here for future dates. At that time, you’ll roll over to ES 12-18. What happens if you trade a contract after the roll over? Well, eventually, you’re going to see many dojis and erratic looking price activity. This is a sign you need to roll over as soon as possible. It’s best to check with your broker if you placed trades after having missed the rollover date by a few days.

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.