Understanding the Markets Using Price Action
Oscillators, channels, stochastics, moving averages – if you’ve ever tried using indicators, these names are familiar. Using these types of indicators can lead to shortsighted trading. It’s easy to say that a particular configuration of indicators was successful for a period of many days. However, indicators are often linked to fixed parameters that do not […]
Positive Housing Numbers Provide Perspective
With positive news regarding U.S. residential construction numbers, stock-index futures reacted bullishly today. The Existing Home Sales report created quite a bullish move of about 5 points on the ES (E-Mini S&P). This large move occurred near the 10:00 a.m. mark when the report was announced. See the chart below. According to U.S. Commerce Department […]
Dec. Contract Rollover on Thursday, Sept. 13, 2012
If you trade CME Futures (like the E-Mini or the Euro currency), remember to roll over to the December 2012 contract contract this Thursday, September 13. In NinjaTrader, you will need to switch the contract from the current setting (probably “06-12”) to “12-12” in the Instrument Manager. If you need exact instructions, visit the FAQ page. […]
Summer is Almost Over – Traders Get Ready!
I look forward to summer every year. June, July and August bring sun, fun, bikinis, and oh, that’s right – let’s not forget slow moving markets! Every year, the same thing occurs. From January through May, the markets move normally as expected. The following three months of summer bring the slow inactivity every trader complains […]
August 2012 Atlas Line Trades
Yes, it’s a little early to get August’s full report, so we’ll calculate the results for the last 30 days (July 25, 2012 to August 24, 2012). These stats were compiled using data from the Recent Trades page. The results do not account for slippage, brokerage fees, trading platform fees, etc. Atlas Line Trades for […]
Two Terrifying Tales of Trading
It’s not October yet, but here are two scary (but true) trading stories for your reading pleasure. Leave the lights on while reading. There was once a CME floor trader named Dan Sullivan. Dan made a living by buying and selling derivatives based on LIBOR interest rates. One day in 2008, Dan received a text […]
Today’s NinjaTrader Event – Tips for Every Trader
John Paul conducted a webinar today for NinjaTrader, our partner. Topics discussed include: • How to use the ATR (Average True Range – included with NinjaTrader) • How to trade news events (using yesterday’s news events as a prime example) • How to use our free news indicator • Currency trading vs. E-Mini trading • […]
Today’s Live Webinar Recording – Understanding the Markets
Quite a few people were requesting the recording of today’s webinar. Here it is! It’s recorded in John Paul’s view, so you can see the chat box for easy discussion reference. In this live webinar, John Paul shared his live charts and talked about: • HFT and manipulation • Effects on the market caused by […]
Another Trader Finds Success with Group Mentorship
We asked one of our students, Craig F., if we could interview him about his experiences before and after the Group Mentorship Program in which he participated. Enjoy! JP It’s been a while since you were last in the room. How has your trading been? Craig Looking back on the last few months since the […]
January Prediction Still On Point
You may recall a couple blog posts I wrote earlier in the year describing my expectations for U.S. indices. I described the January Effect, a way of predicting where U.S. indices will be valued at year’s end using closing values for January. To read exactly how the January Effect works, see the January, 30 2012 […]
