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Edition 755 - December 7, 2018

trading education

Scroll Down - Marco Mayer's Ambush Signals - SPECIAL!
Save up to $629 on Ambush Signals Today!

 

40% OFF RECORDED WEBINARS
GOOD UNTIL 12/15

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Master Trader Joe Ross shares trading education

by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Chart Scan with Commentary:  Classic Chart Revelation

The chart below is an old one, but I saved it for the great lesson it reveals. It was sent to me by one of my students in Brazil. I have no idea which market is represented by this chart. I know only that it is a daily chart and it is showing a 30 bar Commodity Channel Index (CCI). The CCI plot is generally graphed around a value of 0, with one line being fixed at +100 and another line being fixed at -100. There are many ways to use the CCI. Generally, it is used as an overbought/oversold indicator, but in my opinion it is much better used as trend following indicator. I don’t want to get into all the detail here concerning the best uses of CCI. You can find all the details of how I use it, along with many examples in our online webinar: “The Law of Charts In-Depth.”

The point is to show you that The Law of Charts works equally as well with indicators as it does with price bars. The way CCI is used on this chart was as a means of following the long move up. I can also tell you that I used CCI as shown, for the greatest trade I made in my entire life. To add sugar to this story, I can tell you that the greatest trade ever made by one of my students to make $16 million dollars over a period of almost 11 years was made using CCI.

If you want to use CCI to follow a trend the way I have done it for many years, and also have access to the formula for computing CCI, you will find it contained in my book, "Trading The Ross Hook."

CCI, in case you are wondering, represents the Mean Deviation of today’s typical price from a moving average of typical prices. It is very similar in nature to the calculation for Bollinger bands but is plotted as an oscillator rather than as an overlay.

Joe Ross shares trading success with Traders Trick Entry and Ross Hook trading methods example trading education

If you would like to learn to read the language of the charts  you might consider taking private tutoring with Master Trader Joe Ross, or taking our online webinar “The Law of Charts in Depth.”

© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

Master Trader Joe Ross shares trading education

by Master Trader Joe Ross
Author, Trader, Trading Mentor, and Founder of Trading Educators, Inc.
Developer of Instant Income Guaranteed

Trading Article:  Erratic Markets

Recently, I was asked the following question: Do you trade strictly by technical analysis or do you still try to watch the fundamentals as well?

For years I have differentiated between chart and technical analysis. Please allow me the courtesy of calling what I use as primarily ‘chart’ analysis, secondarily at times, technical analysis and when I think it is appropriate I throw in a bit of fundamental analysis. It is becoming more and more likely that the fundamental analyst may be destined for a lesser role than in the past. Increasingly, the large traders who once engaged in fundamental analysis are engaging in synthetic transactions based upon financial information. Financial trading today, far exceeds commodity trading, and seems to be ever increasing in that direction. For example, consider that a majority of business relationships are contractually linked to government indices like the Consumer Price Index (CPI). Labor contracts often link wage escalations to the CPI. Social Security payments are linked to the CPI. Commercial Real Estate leases are linked to the CPI. Cost of living increases and a variety of benefit programs often have CPI links. Is it any wonder that so many people hold their breath whenever the Federal Reserve Chairman belches?

However, there is a lot more to it than mere linkage and hot air from the Federal Reserve. The Federal Reserve and the government both fool around with the way the CPI calculation is made. The same is true for most of the major financial reports. It is because there are so many reports from so many bureaus and agencies, that it becomes almost impossible to perform fundamental analysis.

If one looks to the government reports on agricultural products, energy reserves, or mining production, it is no better. Producers lie to the government about inventories, intentions, and conditions. The farmer tells the government agent that he intends to plant corn, when all along he really intends to plant Soybeans. The rancher lies about his intentions to take his herds to the market. The natural gas companies lie about their ability to bring gas on line. Oil companies lie about their production and their reserves, and so it goes. Since reports are the major factor in most markets today, it is no wonder the markets behave so erratically. No one knows what to believe anymore.

© by Joe Ross. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

40% OFF RECORDED WEBINARS
GOOD UNTIL 12/15

USE COUPON CODE: web40

 

Philippe Gautier shares his Instant Income Guaranteed trading education

by Philippe Guartier:  Administration and
New Developments of Instant Income Guaranteed

Trading Idea:  Instant Income Guaranteed

ALK Trade

On 19th November 2018 we gave our Instant Income Guaranteed subscribers the following trade on Alaska Air Group Inc. (ALK). Price insurance could be sold as follows:

  • On 20th November 2018, we sold to open ALK Dec 21 2018 57.5P @ 0.40, with 31 days until expiration and our short strike about 15% below price action.
  • On 27th November 2018, we bought to close ALK Dec 21 2018 57.5P @ 0.10, after only 7 days in the trade for quick premium compounding

Profit: 30$ per option

Margin: 1150$

Return on Margin annualized: 136.02%

Philippe

Receive daily trade recommendations - we do the research for you.

Joe Ross and Philippe Gautier share trading success with Instant Income Guaranteed options selling example trading education

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© by Joe Ross and Philippe Gautier. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc. 

 

 

Andy Jordan Educator for Futures Trading Strategies on Spreads, Options, Swing/Day Trading, and Editor of Traders Notebook

by Professional Trader Andy Jordan
Educator for Spreads, Options, Swing, Day Trading, and 
Editor of Traders Notebook Complete

Trading Article:  Talking to Myself

I have to admit I do talk to myself at times, maybe even a lot, especially when I’m facing a loss. Let’s say I’m down a bunch of points and...read more

 

Andy Jordan is the editor for Traders Notebook which shows you Futures Trading Strategies in Spreads, Options, and Swing Trades. Learn step-by-step how to trade successfully.

© by Andy Jordan. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

 

Marco Mayer shares trading success with Ambush Trading Method example trading education

by Professional Trader Marco Mayer
Educator for Forex, Futures and Systematic Trader
Creator of Ambush Trading MethodAmbush Signals, and Head of AlgoStrats.com

Save up to $629 on Ambush Signals Today!

Ambush Signals Special

Update on Ambush Performance and a Special you don't want to miss!

Marco Mayer shares trading success with Ambush Signals example trading education

With Ambush Signals you can easily follow Ambush, a system specialized in catching intraday market tops and bottoms in the Futures markets.

Save up to $629 on Ambush Signals Today!

As you know I don't send out emails to you very often. But as many of you have been asking me about longer-term subscriptions for Ambush Signals at a discount, I thought this might be interesting to you. Usually, I only offer monthly or 3-month subscriptions, but till Saturday you can also get:

Additionally, you can get the Ambush eBook $500 off, for $1,299 instead of $1,799: simply use the coupon-code "ambush500“ at the checkout. 

 

Ambush System takes off to End-of-Year Rally!

Yes, Ambush did it again as most of the Ambush markets and portfolios just hit new all-time equity highs in November. Looks like it just started off to a nice end-of-year rally, don’t miss it!

Trading has surely been tough lately for a lot of traders, especially due to the crazy correction we had in the stock markets in October. That’s a recipe for disaster for many trading strategies but for Ambush it’s one of the most favorable market conditions. And oh boy did it rally during that period. The Ambush Small Portfolio, for example, showed a performance gain of over 8k within just two months of trading! Thanks to that rally, almost all Ambush markets are now showing nice gains for 2018.
Marco Mayer shares trading success with Ambush Signals example trading education

Of course, this is just a tiny part of the whole Ambush history, so let’s zoom out and have a look at the broader picture. Ambush has been around for about 10 years now. That’s exceptional for a trading system. Actually, it’s the only one I know that’s been around that long with most systems working no longer than a couple of months. But as markets tend to change, I do review Ambush once a year to see if any changes are necessary to adapt to changing market conditions. The last time any significant changes have been required was in July 2015. As you can see on the following chart Ambush kept on performing as expected since then in live trading.

You can find out more about the sample portfolios and the long-term performance of each of the Ambush Markets on the Performance Page.

2018 has been quite a year for Ambush and if you missed it so far, join us now for what looks like a promising finale of the year and start 2019 on the right side of the markets.

Join us and become an Ambush Trader!

The most popular and easiest way to follow Ambush is Ambush Signals. It does all the work for you, allows you to customise what markets you want to see and has a position sizing tool implemented to automatically adjust the positions to your risk preferences.

Each day around 6:30 pm NY Time the Signals are available for you on the Dashboard. You can then place your orders and literally walk away until the next market close! To find out more about the details of Ambush and how Ambush Signals works, have a look at the Ambush Signals Website.

Let’s be realistic. Following any System can be tough, especially in the beginning. It simply needs time to build the confidence needed to make it through inevitable drawdowns. So what if you are unlucky and don’t catch a good start right away?

I want you to succeed trading Ambush Signals, so here’s something for you that will strongly increase your odds of success and allow you to easily gain the confidence you’ll need to become a long-term profitable Ambush trader.

Today you can also get:

Now if instead of simply getting the daily Ambush Trading System Signals you want to know the actual trading rules behind the System, you can get the Ambush eBook $500 off, for $1,299 instead of $1,799 by using the coupon code "ambush500“ at the checkout.

Happy Trading!

Marco Mayer

Learn all you need to know about our new Ambush Signals service during this presentation by Marco Mayer. What is the Ambush System, what's the idea behind it and how does Ambush Signals make trading Ambush so much easier! Find out more about Ambush and Ambush Signals!

© by Marco Mayer. Re-transmission or reproduction of any part of this material is strictly prohibited without the prior written consent of Trading Educators, Inc.

40% OFF RECORDED WEBINARS
GOOD UNTIL 12/15

USE COUPON CODE: web40

 

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A WEALTH OF INFORMATION & EDUCATION:
Joe Ross-Trading Educators' popular free Chart Scan Newsletter has been published since 2004.

Note: Unless otherwise noted, all charts used in Chart Scan commentary were created
by using Genesis Financial Technologies' Trade Navigator (with permission).

Legal Notice and Copyright 2018 Disclaimer - Published by Trading Educators, Inc.
Chart Scan is a complimentary educational newsletter.

© by Trading Educators, Inc. Re-transmission or reproduction of any part of this material is strictly prohibited without prior written consent.

Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.