E-Mini Volume Breakout System

Size: px

Start display at page:

Download "E-Mini Volume Breakout System"

Coleen Peters
6 years ago
Views:

2 E-Mini Volume Breakout System By Todd Mitchell & Craig Hill For additional bonus information and videos, please go to Copyright 2010 by Trading Concepts, Inc. All Rights Reserved. U.S. Government Required Disclaimer - Forex, futures, stock, and options trading are not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the Forex Profit Accelerator methodology or system or the information in this letter will generate profits or ensure freedom from losses. HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

3 Dear Trader, Right now, you have possession of one of the most exciting discoveries in E-Mini breakout trading! The E-mini Volume Breakout system is an extremely powerful system for capturing high probability moves by allowing you to enter a trade early, once you begin to see a massive surge in supply or demand. Hopefully, by now you have taken the time to watch the video and download the presentation PDF documents if you haven t yet, please do so right away. This is a real system with real potential that I ve incorporated into my personal trading plan and Craig trades it LIVE inside one of our E-Mini trading rooms. Study the charts, review the presentation, and enjoy the cheat sheets that we ve created for you! You re on your way to E-mini success! Yours in Trading Success,

VOL B/O TRADING CHECKLIST LONG VOLUME SPIKE BREAKOUT TRADING STRATEGY - LONG ENTRY Volume Spike Breakout Trading Strategy - This Trade Strategy takes advantage of capturing a potential Upside

4 VOL B/O TRADING CHECKLIST LONG VOLUME SPIKE BREAKOUT TRADING STRATEGY - LONG ENTRY Volume Spike Breakout Trading Strategy - This Trade Strategy takes advantage of capturing a potential Upside Momentum Move early on and/or capturing a potential Change in Trend from DOWN to UP early on. NOTES: TRADE SETUP: There is a Higher Probability of the Trade following through from 8:30am CT to 10:30am CT and again from 12:30pm CT to 2:45pm CT. There is a Lower Probability of the Trade following through during the Mid Day Doldrums 10:30am CT to 12:30pm CT (especially during the Summer Months). LONG Trade Setup / Entry / Trade Management: IF: Volume exceeds times the Average Volume of last 6 Price Bars (VOLUME SPIKE): WHEN Price Action is penetrating UP thru a New High in an UP Trend, OR WHEN the Context of the Market (Trend) is potentially changing from DOWN to UP, OR WHEN Price Action is Breaking Out of a Consolidation to the UP Side (NOTE: Price Action will typically be trading at and/or may be just starting to penetrate UP thru the Upper Keltner Channel Band)

5 TRADE ENTRY: THEN: Initial Stop Loss: ENTER LONG immediately once Volume exceeds times the Average Volume, OR ENTER LONG on the CLOSE of the Price Bar of the VOLUME SPIKE One-half (1/2) Average True Range (ATR) BELOW the Low of the Entry Bar, OR One TICK BELOW the Mid Keltner, whichever is further from Trade Entry TRADE MANAGEMENT: Stop: Trail Stop UP ONE TICK BELOW the Mid Keltner until 1) a reversal bar pattern, or 2) a Price Bar trades COMPLETELY ABOVE the Upper Keltner Channel Band, THEN Trail Stop UP 1/2 ATR BELOW the Low of each Consecutive Price Bar Profit(s): PO1: One Average True Range (ATR)PO2: Trailing Stop (see Stop above)

VOL B/O TRADING CHECKLIST SHORT VOLUME SPIKE BREAKDOWN TRADING STRATEGY - SHORT ENTRY Volume Spike Breakdown Trading Strategy - This Trade Strategy takes advantage of capturing a potential Downside

6 VOL B/O TRADING CHECKLIST SHORT VOLUME SPIKE BREAKDOWN TRADING STRATEGY - SHORT ENTRY Volume Spike Breakdown Trading Strategy - This Trade Strategy takes advantage of capturing a potential Downside Momentum Move early on and/or capturing a potential Change in Trend from UP to DOWN early on. NOTES: TRADE SETUP: There is a Higher Probability of the Trade following through from 8:30am CT to 10:30am CT and again from 12:30pm CT to 2:45pm CT. There is a Lower Probability of the Trade following through during the Mid Day Doldrums 10:30am CT to 12:30pm CT (especially during the Summer Months). SHORT Trade Setup / Entry / Trade Management: IF: Volume exceeds times the Average Volume of last 6 Price Bars (VOLUME SPIKE): WHEN Price Action is penetrating DOWN thru a New Low in a DOWN Trend, OR WHEN the Context of the Market (Trend) is potentially changing from UP to DOWN, OR WHEN Price Action is Breaking Down of a Consolidation to the DOWN Side (NOTE: Price Action will typically be trading at and/or may be just starting to penetrate DOWN thru the Lower Keltner Channel Band)

7 TRADE ENTRY: THEN: Initial Stop Loss: ENTER SHORT immediately once Volume exceeds times the Average Volume, OR ENTER SHORT on the CLOSE of the Price Bar of the VOLUME SPIKE One-half (1/2) Average True Range (ATR) ABOVE the High of the Entry Bar, OR One TICK ABOVE the Mid Keltner, whichever is further from Trade Entry TRADE MANAGEMENT: Stop: Trail Stop DOWN ONE TICK ABOVE the Mid Keltner until 1) a reversal bar pattern, or 2) a Price Bar trades COMPLETELY BELOW the Lower Keltner Channel Band, THEN Trail Stop DOWN 1/2 ATR ABOVE the High of each Consecutive Price Bar Profit(s): PO1: One Average True Range (ATR)PO2: Trailing Stop (see Stop above)

8 About the Author My name is Todd Mitchell and I am the founder of the E-mini Success Formula and the owner of Trading Concepts, Inc. Most importantly, I ve been trading since I am and always will be a trader. Even though I occasionally trade other markets (like forex, stocks & options) my true love is trading the S&P E-mini futures. The S&P is one of the most actively watched markets in the world and millions of dollars are traded in and out of the e-minis every single day! And, most of all, the S&P s and E-mini s have provided me with the amazing lifestyle that I ve always wanted. I fire up my computer in the morning, look at just the S&P and because I ve traded this market so much I know exactly how to read the charts. I get in, get out and it s not unusual for me to be all done for the day by noon so that I can spend the rest of the day with my wife & kids or helping other students, like yourself, become better traders. Now, since 1994, I have literally mentored thousands of students ranging from professional traders and million dollar market makers to everyday people who hated their jobs and wanted to become full-time traders. And, over the years, I ve collected more testimonials than almost every other trading education company in the world from people who claim that my courses have helped them become much better traders. In fact, it was through my mentoring of other traders that I met Craig Hill (the co-creator of the E-Mini Breakout System). In 2009, he became a student of mine and, in less than a year s time, he took the time to master all the special chart reading techniques, tools, tips and tricks that I taught him and instantly catapulted himself into an elite group of my top students. Nowadays, Craig is a full-time trader, moderator of our live trading room and is able to see profitable opportunities where most people cannot! He s a great trader, a super guy and it s been an honor to have worked with him on this strategy. Remember, this is a real strategy with impressive track records both personally as well as in our live trading room. To take full advantage of its potential, you must perform your own back-testing to garner the confidence to add the system to your everyday trading plan; as well as have the discipline to follow the rules; the patience to wait for a setup; and, a strong desire to succeed by taking the time to master its nuances. If you like what you see here and want more cool stuff, I invite you to check out the E-Mini Success Formula Blog at

2010. Trading Concepts, Inc. All Rights Reserved. For More Information Please Visit

2010. Trading Concepts, Inc. All Rights Reserved. For More Information Please Visit E-Mini Volume Breakout System By Todd Mitchell For additional information, please go to http://www.eminisuccessformula.com Copyright 2010 by Trading Concepts, Inc. All Rights Reserved. U.S. Government