One of the most tempting and basic forms of trading is related to support and resistance. Have you ever drawn a horizontal line to connect a series of candles or price bars that group together as though they cannot pass beyond an invisible barrier? Have you done this to the…
If your computer clock is off by mere seconds, you could experience unwanted behavior in your NinjaTrader 8 trading platform. The NinjaTrader 8 software “grabs” the current time from your computer clock. In turn, the indicators running within NinjaTrader reference that time or schedule operations accordingly. For example, if the…
Here’s a question that may confuse you at first: what do you not know that you do not know about trading? The unknown may be your biggest downfall. In this two-part video series, John Paul from DayTradeToWin.com endeavors to clarify common trading misconceptions. The general approach is price action. This…
Sometimes traders can make mistakes due to too many historical order text displays that appear near the candles. If you place many orders in NinjaTrader, your charts can become cluttered with this order text. You can remove all the order text and disable it from occurring again by right-clicking the…
What if you could learn a trading method today and use it on tomorrow’s charts? That’s what we’re offering, here. The ABC Method divides the day into three sections: A, B, and C. Look for breakout opportunities in the B section based on the highest high and lowest low of…
In the movies or among your friends, you’ve probably heard about day traders who make money (or attempt to) day trading from their home computers. Yes, it’s real. Yes, it’s possible to both make and lose money. Yes, there are a number of educational courses, software, etc. designed to hopefully…
Take a look at this nice Long (buy) Trade Scalper signal for the E-mini. John Paul places an order live. The signal is based on price action. This means that recent price activity read by the Trade Scalper indicator said, “There’s a fair chance price will rise.” The ATR (Average…
First, take a look at the Atlas Line price action indicator for the NinjaTrader 8 trading platform. The line itself is pink. In this case, it’s used on a 1-minute chart. On this particular day, the E-mini’s price action caused the Atlas Line to give two main signals: a Long…
Volatility within the last couple of months has triggered days in which markets pause/halt trading temporarily to prevent a huge drop. There are three stages of halt that attempt to curb big drops. Level 1, a halt of 15-minutes, is triggered when the S&P falls 7%. Level 2, another halt…
Lately, we’ve seen significant volatility in the E-mini S&P 500 and other futures and currencies. It’s easy to get stopped out and also easy to reach a greater profit target if price runs in your favor. If your existing trading methods no longer work as well, it may be time…