At the beginning of every year, you can look for a pattern in the E-mini S&P market. This day trading strategy is called the January Effect. If January 2018 closes higher (on January 31, 2018) than its opening price (2675) on the first trading day of the year (January 2, 2018), then the January Effect says 2018, overall, will be bullish (trend up). If that’s true, you can wait for retracements throughout the year and potentially ride them up into profit territory. This was one of the many day trading strategies John Paul used in 2017 that he expects to continue working here in the new year. It’s possible this strategy will work in other markets, so look at previous years and try it out.
Want to learn more about 2018 trading? Click here to see our courses. 8-week Mentorship training begins January 9, 2018.
How do you find entries for the January Effect? Jump to about 7:00 minutes into the video. Remember, you’re looking for a few days where the market retraces. You’ll want to look for a minimum of three or four consecutive days where price falls. When price begins to move back up (retrace), look for the entry. Markets seem to “like” revisiting prices they’ve previously reached. This is why you’ll want to use the Fibonacci tool to aid your January Effect entries. Follow the steps in the video to apply the 0%, 50%, and 100% levels so you know when price breaks through the 50% level as it heads up to test prior highs. Remember, this strategy is only meant to be used when January closes higher than the open.
Want to see signals from the ATO 2 and Atlas Line trading strategies? Jump ahead to about 22:40. Both strategies produced long signals. They were in agreement that the market would go higher. These signals plotted live. It’s likely that many of the webinar attendees took these trades along with our clients who received the same signals on their platforms. Because the webinar was conducted in real-time, you can watch as the market slowly climbs up into profit territory. If John Paul placed trades instead of conducting the webinar, he likely would have been profitable because of the signals. In most cases, you will take whatever signal comes first.
In the eight-week Mentorship Program, you have quite a few signals to pick from and rules for filtering out potential losing trades. The goal of the program is to help you trade any activity you may encounter in real-time conditions.
