Price Action Webinar: Targets & Stop Strategy

We had so many requests to get this webinar video posted, so here it is! Hope you enjoy and see the benefits if price action trading. This was recorded last Thursday, March 4, 2021. John Paul shares real-time signals and explains his approach to making quick trading decisions.

You’ll be first reviewing live Trade Scalper signals (click here to get them for yourself) with the E-mini S&P. See that nice Long signal and how far price moved up? We like to see winning signals like that. For us, the best time to trade the E-mini has been after 9:30 a.m. ET (New York time), though the Trade Scalper is flexible with other time possibilities.

At 12:00 in the video, you can view price action Trade Scalper signals from the day prior. Yes, many signals occur during the day. However, it is up to you to take them according to the rules that you’re taught.

Want to see a real-time winning short signal? Jump to 18:50 in the video. Then look at what happens right after – choppy conditions! This is why it is important that you’re ready for the Trade Scalper signals as they come in. Price action means observing action and taking action. We recommend having multiple ATM Strategies configured so you can select the best one based on current market conditions. In advance, configure a few that you expect to use often.

Roll Over Your Charts for Continued Price Action

As a reminder, we have the rollover coming up on March 12, 2021. That means your E-mini S&P 500 will need to be switched from the March contract period to the June contract period. Click here for easy rollover steps.

In NinjaTrader, we’ll be going from ES 03-21 to ES 06-21. On June 11, 2021, we roll over again, and it will be to the September contract. Remember, rollover occurs quarterly (four times annually). If you forget to roll over your contracts in NinjaTrader, the candles will start to look rather odd; many dojis, for example. There are other negative implications as well, so make sure you roll over correctly. Check with your broker for details.

As we’ve mentioned in the past, some traders prefer to roll over once the majority of the volume migrates to the new contract period. This generally occurs within a day or two after the rollover date. You can monitor the volume on CME’s own website, here.

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