Yellen to Become Fed Chair on Feb. 1, 2014
We previously created a post mentioning Janet Yellen’s approach to the Federal Reserve Chair seat. Leading up to her final approval, there was much controversy among members of both leading U.S. political parties as to her suitability and how she will impact the financial world. On January 6, 2014, the U.S. Senate voted 56-26 to […]
Inside CME Pit Trading
The E-mini S&P 500 (ES) trades on the CME Group’s Globex exchange. CME Globex is the electronic market that trades nearly 24/7. At one point in time, open outcry floor trading, where the traders yell orders on behalf of clients in the “pit”, was the dominant form of trading. Now, anyone with a computer, the […]
Holiday Trading Hours for CME and NYSE
Our best wishes go to you and your family for a safe, warm, and happy holiday season and a prosperous New Year! John Paul would also like to remind you to refrain from trading during half-days which occur during the holiday season. These half-days can make for unstable trading. Also, keep in mind the days when […]
Contract Rollover is Thursday, December 12, 2013
Traders – for Thursday, December 12, 2013 you will need to roll over your CME Equity Index Futures contracts to the new quarterly contract month (March, 2014 aka 03-14 in NinjaTrader). Here’s how to do it: 1. Go to NinjaTrader’s Control Center > Tools > Instrument Manager… 2. For example, under name, type in “ES” […]
Reactions to Yellen Approaching Fed Chair Seat
In the trading world, much concern has been expressed regarding President Obama’s nomination of Janet Yellen for the position of Federal Reserve Chair. Yellen’s confirmation as Fed Chairman requires Senate approval. The current Chairman, Ben Bernanke, will see his term expire on January 31, 2014. This position would arguably make Yellen the most powerful woman […]
New Evidence Shows HFT More Concerning than Ever
Vice just published an article regarding High Frequency Trading (HFT) algorithms. The illustration is by Jacob Livengood A few interesting points: • Half of US stock-exchange trades in 2012 (1.6 billion shares a day) were placed by HFT. • A University of Miami research paper published in September 2013 indicates that between January 2006 to […]
Two Easy to Understand Trading Strategies
» Get the Atlas Line Signals « The first part of this live webinar recording explains how to use the Atlas Line to evaluate whether a trade is still viable after big market spikes. By checking if the current plotting Atlas Line position is more than double the ATR, a trader can determine if the […]
Get Ready to Buy the Market
In this video, John Paul covers the E-mini market activity almost a month ago where a new high was reached. By examining the behavior of the market on September 18, 2013, we can take better advantage of similar market behavior in the future. The January Effect has shown that for nearly every major pullback and […]
Impossibly Fast Trading – High-Frequency Trading Explained
At Day Trade to Win, we always advise traders to watch out for major news events. When significant news occurs (either scheduled or unscheduled), the markets can react harshly, either positively or negatively. In most cases, we recommend staying out of the market until volatility subsides. But what about the big players who know what […]
Atlas Line Results for June, July, and Aug. 2013
On occasion, we like to produce a monthly summary of how well the Atlas Line has performed based on the Recent Trades data. June, July, and August of this year were all successful months as indicated by the totals below. August 2013 Total # of trades = 79 Total # of days traded = 22 […]
