Best Price Action Swing Trading Systems

Is there a best price action swing trading system? That’s going to depend on ever traders specific needs. Past performance does not indicate future success.

That said, when it comes to day trading methods, swing trading generally refers to taking trades and holding them for a longer duration than a typical “day trade.” Where a typical day trade may be over within a few minutes or a half-hour, a swing trade tends to span over a half-hour, sometimes several hours or even days. The NinjaTrader day trading platform provides easy access to many chart types. Switching among various time-based charts is a breeze. Perhaps the most difficult aspect of swing trading is finding a system that is going to work on various time frames, chart types, and produce reliable signals…

This is where the new Blueprint trading software from DayTradeToWin becomes useful. In this video, John Paul shares his charts. Swing trading allows one to focus on larger market moves. After all, a larger period of time occurs so each candle represents more price movement. This necessitates larger trades because with the Blueprint at least, you’re not looking to exit the trade in the midst of the first candle forming (during which you placed the trade). Rather, you’re following the rules of the Blueprint, so several candles must plot before it’s time to close out the trade—either with a profit target or stop loss.

Toward the end of the video, DayTradeToWin’s John Paul shares a daily chart. You’ll notice that the shaded regions and entry signals look the same. But on a daily chart, you will easily see months of activity at a time. Each day is represented by a candle/bar, so the idea is holding a position over multiple days. You may want to enlist the guiding aspects of the January Effect+ method that John Paul has discussed before. The Blueprint may be able to provide confirmation for those January Effect 50%+ retracement levels providing the January Effect indicates the year is an “up year.” Speaking of which, expect a video soon on that, as we approach the beginning of a new year, 2022.

By the way, the Blueprint comes with a reference guide and a training video, so you’ll be able to understand exactly what all those shaded regions indicate as well as what charts work best for certain conditions, how to place a trade relative to the signals, timing, profit targets, trade management, and more. Two bonuses are included as well: the ABC trading software and a “How to Trail a Stop” video.

New Blueprint Method From DayTradeToWin

John Paul of DayTradeToWin has been fond of the 5-Minute and 1-Minute chart types for a number of years. When the 5-Minute chart is too volatile, he often recommends using a 1-Minute chart, as this causes the profit target and stop loss values to decrease, as they are based on the ATR (Average True Range) But what happens when even the 1-Minute chart is too volatile? The next logical step-down for a time-based chart is a 30-Second chart. And that’s exactly what he’s using here with the brand new price action Blueprint trading software

The Blueprint software draws shaded regions as well as short (sell) and long (buy) signals. The shaded regions represent areas where price has been range-bound. The underlying price action (behind the signals) correlates these areas with opportunities. When certain conditions are met, a signal appears. A red region does not always precede a short signal. Likewise a green region does not always precede a long signal. With the included training video and live training, you will learn how to maximize the potential of the method.

In this case, he is using only one contract. Remember, when trading the E-mini S&P 500, one point of profit equals $50 before any fees. Using a five-contract profit scenario, the $50 is multiplied by five and becomes $250 (again, before any fees). If you trade the Micro E-mini (MES), the values are 1/10th that of the regular E-mini. Thus, the Micro presents an opportunity to experience real-money trading with a lesser financial impact, positive or negative. This can be valuable for traders who need to overcome the pressures and other psychological aspects of having real money on the line.

When using a fast time frame such as 30 seconds, the trade can be done and over with rather quickly. Yes, you could consider this scalp trading. However, if you look at other Blueprint videos John Paul from DayTradeToWin has released, you will see the new Blueprint method is quite versatile; in fact, it can be used for swing trading via hourly or daily charts. In other words, you could hold a position for hours or days if your trading account supports such activity. You may also be impressed to find out the Blueprint works with volume, Renko, and range charts. Again, the included training describes when these other chart types may be preferable.

Want to Learn Day Trading, But Where to Start?

Like anything in life, it makes sense to learn from people who already have experience and can provide suggestions. If you look online long enough, you will find many experienced traders who eventually turned to something called price action. Price action is the art of trading based on what is right in front of you all the time, price movement. Using price movement and time, the basis of a trading chart, to make all decisions may lead to better results than other types of trading. These other types of trading may also be more complex. You may have heard of the phrase, “keep it simple.” That also applies to trading.

So, here we have a new video that focuses on keeping it simple. How so? Step-by-step instructions for setting up the main thing you need for day trading: a trading platform. This video focuses on NinjaTrader because it is one of the few platforms that is both feature-packed and allows for real-time simulated/practice trading at no cost. Why would you practice trading with old data? It’s best to practice trading during the time of day when you, as a pro trader, would be sitting at your computer. Some people will tell you their brain works differently in the morning. So, work with incoming, live data at that time to replicate the experience as closely as possible.

After you get the NinjaTrader platform installed with real-time data, what comes next? Learning how to open a chart. A chart is the main way to see what a given instrument (market) is doing. The data feed that you’ll get will be for futures markets. The main futures market in the world is the E-mini S&P 500. The abbreviation for the E-mini is ES. A 5-minute or 1-minute ES chart is recommended. These are time-based chart types. That means the bottom axis is based on regular intervals of time. Other chart types such as tick or range are based on accumulations—or totals; a certain amount of price movement must occur for that bar so a new bar can appear and “fill up” toward that given total amount (whether that be 250 ticks or a range of 2, for example).

Now that you have some sense of what this video is about, it’s time to watch! DayTradeToWin can continue helping you from there. Follow the instructions in the video. Here’s a direct link to the DayTradeToWin day trading courses and software.

Should You Trade 24-Hours Per Day?

Perhaps it would be better to name the title of this post, “Should You Consider Trading All Times of the Day?” That’s because most of us would probably agree sitting in front of a computer for nearly a day without any sleep would make sensible trading quite difficult. Some of us who have visited casinos have seen people there who are sitting in front of slot machines for many hours. In fact, it’s quite possible to see someone “on a roll” or believes the next big win is around the corner, having sat there for 12 hours or longer. That is not too healthy as our bodies need movement and rest.

That’s why it’s more sensible to trade only when the ideal market conditions tend to occur as related to the day trading systems you use. If you have day trading systems that tend to work better during more volatile times, then perhaps trading at or around market open is best. I am not so aware of systems that do well in sideways markets, but if you do use one such method, then perhaps trading in off-hours is more ideal.

This video reviews Trade Scalper signals and demonstrates a real-time signal example. This signal occurred late in the day, so one of the advices provided was to avoid trading into the close. If you just want to get in and out quickly, the Trade Scalper may be the best approach. For scalping, this is a big move worth +3 points. Not all trades will be this great. The ATR (Average True Range) determines the profit target. The maximum profit target on a 5-minute chart may be around 4 points. On average, somewhere around 2 points is expected. On a 1-minute chart, you can expect around the same profit target. The 1-minute chart is used in place of the 5-minute when the 5-minute is too fast.

And when you get the Trade Scalper, there is no need to rush into trading real money right away. You can use NinjaTrader’s real-time simulator to get a feel for how it all works. Is the method easy? Fairly so; of course this will depend on experience, comprehension, and so forth. One can easily follow the signals and place a trade according to the rules. Memorizing the method isn’t a requirement beyond knowing trade management.

Recent Trade Scalper Signals From DayTradeToWin Reviewed

How do you know what time a market opens? If you add an ATR with a period value of 4 or so, you will tend to see a spike at the same time of the day, just about every day. For the E-mini S&P 500, that’s at 9:30 a.m. US/Eastern. Is it worth trading right away at 9:30 a.m.? Nope. The DayTradeToWin recommendation has been, for many years, to stay out until the activity subsides. The same is true for scheduled news events: either place a trade using the news trading method or stay out until things return to normal. You can review videos on this at the main DayTradeToWin.com website that go back years.

The ATR (Average True Range) is a free indicator that comes with most platforms. As you can see, John Paul from DayTradeToWin is a big fan of NinjaTrader. NinjaTrader is free to use with end of day or real-time practice data. It’s a great way to practice without risking real money. You can easily track your performance, too. It has a built-in account set aside just for paper trading.

The signals you’ll see in this video are from the Trade Scalper price action trading system. Mainly, it’s a signal-based indicator that plugs into NinjaTrader, generating many signals within a relatively short period. Scalping is all about in-and-out trading. Just look at all those signals at about 14:35 in the video. Would you take each one? Hopefully not! Controlling temptation is part of trading. Stick with the signals that work best. Use another system to filter and confirm.

Control Trading Risk: ATM Strategy Use

One of the best ways to control your risk is to know your maximum stop loss, your profit target, and apply them via a preconfigured setting. This way, in the heat of the moment, you’re doing less work, so that should reduce the chance of clicking the wrong button or entering the wrong value. ATM Strategies are such a way to preconfigure the amount.

Always trading with a stop loss is wise. If you don’t have one, you could be in for a wild ride. It doesn’t take much experience to see how price can suddenly move against one’s desires.

Another important thing is to use a trading strategy you feel comfortable with. The Trade Scalper from DayTradeToWin is discussed in this video. You can get a sense of how the method worked with possible winning and losing trades.

After the Trade Scalper signal review, the presenter discusses how to set up ATM Strategies within NinjaTrader 8. The process involves going to the custom area of the drop-down menu and then specifying a profit target and stop loss value. Both of these values are in ticks, not points, so please keep that in mind. You may configure several strategies according to your trading method recommendations and experience trading the markets. Using a format such as P4S8 for “profit target of 4 ticks” and “stop loss of 8 ticks” may be wise. Such a format also allows the ATM Strategy list to be sorted in a way that makes for faster access.

Even though ATM Strategies semi-automate order placement, you may still manually manipulate orders according to your own preferences.

May you excel at your trading!

Futures Trading: E-mini, Euro, Nasdaq, Dow, Micro

Finding a day trading course or indicator that can trade the E-mini S&P 500 ES, Euro, Nasdaq, Dow, and Micro E-mini S&P 500 is not so easy. Day trading websites are a dime a dozen and it seems that many of these websites are put to together in an amateur way. No disrespect intended – it is just that the way the pages are designed and the information is presented, sometimes it’s difficult to assess what you’re getting. The way DayTradeToWin approaches day trading is with simplicity in mind, and that includes the main DayTradeToWin.com website. There, you can get a sense that four trading methods are basically offered: Atlas Line, Trade Scalper, ATO 2, and 8-Week Mentorship.

The focus of the video above is of DayTradeToWin’s Atlas Line. As you can see, there are a few aspects to the indicator that are important: the dashed line, the main Long and Short signals, the bounce Long and Short signals, and long and short Pullback (P) and Strength (s) signals. How interesting it is to see how all of these signals work together to form one complete strategy! The approach is aided by the free ATR (Average True Range) which serves to provide the profit target and stop loss amounts.

Is it possible to consistently win in the markets? That’s the goal of every trader. It’s best to take trading one day at a time rather than overwhelm yourself with what-ifs. By all means, measure cumulative wins and losses over a good period of time: two weeks, one month, three months, six months, etc. and see how successful you’ve been. Sure, you could have an amazing month next month, but if the performance is not so good, do you want to keep trading? Does it make financial sense? Sure, past performance does not indicate future results, and the way that phrase is commonly worded, the meaning can go either way.

Clear, objective thinking and following the rules of the method will be the best way to assess the viability of that method. Does it work better than other systems you’ve used? Those that you’ve developed? Did you at least make back your money that you spent on the system? Did you learn one or more things? Even with losses, day trading can teach us a lot about ourselves – how well prepared we are, how we perform under pressure, what it’s like to potentially make money or have such potential in a relatively short period of time, to reach heights, to reach lows, and pull ourselves up with renewed insight.

3+ Reasons Why a 2nd Opinion on Your Trades is Important

Here’s the latest DayTradeToWin video in which many trading signals are reviewed. First, we start with the Atlas Line trading software. As demonstrated about 2:00 into the video, the signal did not work out. That’s just a part of trading. Sometimes, additional signals the same day will set you back on the path to profit. Other times, you’ll hope to make profit the next day or thereafter. The idea is to have consistent wins over a specific period of time, which could be 30 days or longer.

If you had the ATO 2 and the Atlas Line or the Trade Scalper and Atlas Line, you could say to yourself, “I am only going to take signals from either system (or both systems) when both signals agree on the anticipated direction and the signals occur around the same time.” If you do just that, as demonstrated in the video, there can be great results. However, such results cannot be guaranteed – “can” means “possibly,” which is not as definite as “will.” The market will do what the market wants to do. Again, it’s a matter of cumulative wins outsizing cumulative losses per period of observation.

Adding a third method to the chart to get a third opinion can also be helpful. That’s what happens here when the Trade Scalper is added. Notice how there are multiple Short signals for all three systems that “follow” the price movement down? That was a great area of opportunity for winners. The following Strength (S) and Pullback (P) signals represent additional opportunities from the Atlas Line, however, some of those signals did not work out. Do you notice any additional signals from the ATO 2 or Atlas Line around that time? No. Well, that’s exactly demonstrating why it’s important to use multiple systems!

4 Chart Reviews From DayTradeToWin: Atlas Line, Trade Scalper, ATO 2, Roadmap

We have found four recent chart images to share with you! This first chart contains the ATO 2 and Atlas Line software from DayTradeToWin. When multiple systems confirm the same direction, we say, “All the better!” Such a confirmation occurs at two separate moments on this chart. The first is when the ATO 2 Short signal “agrees” with the prior Atlas Line Short signal. If you were skeptical about that first short trade, the ATO 2 Short served as additional confirmation that price was expected to move further South. And that’s exactly what happened!

Next, we have an even clearer indication of confirmation. The Short signals are practically on top of one another. Keep in mind, this happened while both indicators use entirely different rules for drawing the entry signals. The dashed arrows were added later on in an image editor in order to illustrate the approximate point of profit target for these trades, depending on the desired risk level. The ATR (Average True Range) is used as the primary tool for discerning the risk (profit target vs. stop loss, pretty much).

The next two charts spell things our directly on the charts themselves. The addition, here, is the Roadmap, a powerful tool that’s typically offered only in DayTradeToWin’s 8-Week Mentorship Program. The Roadmap is recognized by the Zone lines. These Zones are barriers where price may bounce or quickly pass through depending on certain factors.

Back to the Atlas Line and ATO 2 – the same sort of thing happens as in the chart above – the ATO 2 and Atlas Line signals occur almost at the same time and price soon travels in the anticipated direction. Later, plenty of Strength signals occur. These are optional trades that are typically for smaller amounts. They’re almost like scalping.

Let’s take a look at just one trading method, the Trade Scalper from DayTradeToWin, and see how many signals it can produce within a couple hours. I don’t know about you, but I see about eight different signals and most of them were winners. I see a Long signal followed by upward (bullish) price activity again and again. The Trade Scalper is favorite among traders because of how short in duration each trade is (less time = less exposure = less risk) and regular action. It’s important to like the style of trading that you do, because if it’s not enjoyable, do you want to be doing it every day?

Fortunately, the general feedback and reviews shared on the DayTradeToWin website has many great things to say about all the trading methods and John Paul. The methods are highly rated with the posts going back years. In the trading industry, it can be challenging to distinguish quality from junk. One way to get a sense of quality is to go back in time, whether on the website, YouTube, etc. and look at the performance. DayTradeToWin offers many years of testimonials.

Profit Target & Stop Loss Rules: Managing Risk

So, like the thumbnail of the video says, how does one trade rule-based strategies? By following the rules. Are you going to be taught all the rules in this video for the trading system(s) shown? No, of course not. That’s because you have to purchase the trading system in order to learn the rules. This is merely a demonstration with emphasis that it’s important to follow rules rather than going off-course, using your imagination, guessing, or stretching recommendations.

There are so many ways begin day trading. Just looking at the video recommendations when writing this present soptions regarding the mental game of trading as a whole, how to research trading, how to use relative volume to predict home run trades, and various steps to perform a specific strategy. Are any of these methods going to be valuable? Possibly, in terms of some self-understanding. However, the nature of such things is that sometimes a paid method is a paid method for a reason – it’s exclusive because it’s worthwhile. If someone can make money selling it and trading at the same time, why not? However, a lot of paid courses are junk. Many in the industry say this – rather than teaching exact rules, the course will show you demonstration after demonstration, providing little in the way of rules.

Rest assured, DayTradeToWin has all of the rules clearly defined. If you’re not successful, it’s just because the market isn’t aligning itself with the rules. This can be a good thing, as there is no need to blame the self. That’s the great thing about objective trading – no need to have emotions take charge. If you did everything correctly and it works or it doesn’t, you did everything correctly in either case.

The main purpose of the video above is to go over multiple Atlas Line signals. If you see a number of winning signals, that may provide a positive impression the method works consistently. It will be up to you to apply the rules that you learn. There are no guarantees in trading, only probabilities, and estimating on those probabilities is a most curious and risky endeavor! We wish you well. However, trading using a specific stop loss and profit target ruleset is one way to control risk.

If you, ahead of time, configure many stop losses and profit targets within NinjaTrader’s ATM Strategy area, then you can select the most appropriate given current circumstances. These stop losses and profit targets are not set in stone – you can modify them on the fly once your initial order has been filled. The easiest way to do this is by enabling NinjaTrader’s chart trader feature then dragging and dropping the profit target and stop loss to their desired values. Are there any caveats? Yes, doing so places you in the “back of the line,” so to speak. Your profit target or stop loss may not get hit when expected, so be careful.

With the DayTradeToWin trading methods, the ATR (Average True Range) is always used to determine the profit target and stop with the exception of some chart types where their use doesn’t make sense (i.e. range charts). The ATR is configured with a period value of four. Why four? Because that means the last four bars are used to determine the value. If greater than four, the calculation is based on older data. If the value is less than four, less data is used that may only give a picture of recent activity, which may be really dramatic or slow (thus limiting potentials).