Ever looked at the German DAX market? In NinjaTrader, you can open an FDAX chart. The FDAX is sort of like the German version of the E-mini. It's composed of 30 major German companies from the Frankfurt Stock Exchange. To trade the market open in U.S. time zones, you'll have to get up early. Fortunately, the Trade Scalper method is quite flexible in the times it can be traded. As you can see in this video, losing trades can and will occur. There should be some winners, too.
Are you interested in forex (fx) trading? MetaTrader is one of the most popular platforms for trading forex. We've been working hard on converting our popular ATO 2 software to work with MetaTrader 5 and 4. This coming week, we should be finished. This video shows a glimpse of a nice ATO 2 short signal. We're going to have a MetaTrader how-to video and trading guide available soon. We're still supporting NinjaTrader, of course! It's always good to expand to more platforms.
Traders have been asking us about the January Effect in 2018. We're more than halfway through the year. In case you're wondering, the January Effect is a prediction of overall annual price movement for the E-mini we have discussed for a number of years. Since April or so, the E-mini has seen bullish activity. This coincides with the 2018 January Effect prediction of December being higher than the closing price at the end of January. Later in the video, you'll learn a way to spot opportunities.
The ATO 2 and Atlas Line signals were in agreement with their long signals. This means that price was expected to rise. The trade was placed at around 10:20 a.m. EDT due to the Atlas Line signal. The signal appeared upon the close of the second candle above the Atlas Line. Current market conditions dictated the profit target of two points. We often use the two point, four point ATM Strategy for the E-mini. You can get all of our courses and software by enrolling in Mentorship.