Understanding Price Action – How to Find Yo-Yo Bars
Let’s make reading charts easier by understanding what Yo-Yo Bars are and how they work. Firstly, the candles (or bars) on a chart can give clues as to how the marketing is feeling and what to anticipate in the near future. A specific grouping of bars can be an even greater indicator of what to […]
Mentorship Video Testimonial from Marcus
» Click here to enroll in the upcoming Mentorship Program « Marcus participated in the Mentorship Program over a year ago. He soon became a professional day trader. He was skeptical at first, but went through our eight-week coaching program, put in the time studying, and eventually left his full-time job to become a pro […]
Using the Atlas Line & Trade Scalper Together for Better Results
» Sign Up for Next Group Mentorship « John Paul shares two E-mini S&P charts – on the left, the Atlas Line is being used with a 5-min chart. On the right, the Trade Scalper uses a 1-min chart. By seeing these two charts traded in real-time, you can get a sense of how both […]
First Atlas Line Trade of 2016 Is Good for 3 Points
» Sign Up for Next Group Mentorship « January 4, 2016 was the first trading day of the year. John Paul takes an Atlas Line trade at around 1997.0. The ATR is around 4.25 points. This means there is a possibility we can expect the market to move about four points in either direction. With […]
End of 2015 – Another Long Trade to Close out the Year?
» Sign Up for Next Group Mentorship « Here we are in mid-November. You may recall our previous 2015 Super Year videos that said the market would trend bullish by the end of 2015. As price climbed, new highs were met. With these new highs, we have new trading opportunities. Super Years – that is […]
High Frequency Trader Convicted for Spoofing Markets
High frequency futures trader, Michael Coscia, has been found guilty on 12 accounts of fraud for “spoofing” market activity. He manipulated prices on the Chicago Mercantile Exchange by placing large, unfilled orders (spoofing) and placing smaller orders that were filled. He effectively created deficits in the market, allowing him to temporarily have some control over […]
