John Paul believes it’s possible to accurately predict where the market whether or not the E-mini will have an up or down year using the January Effect. He released a couple of videos early in 2017 that indicate the market is expected to close higher in December 2017. So far, his prediction for an overall upward trend is correct. Within the last couple of weeks, we’ve seen the E-mini S&P reach all-time highs. Will the trend continue? He believes it will. There are only a couple of months left in play, so if you want to get in on the trading strategy, be sure to watch this video.
Trading Strategy for 2018
In February 2018, you will be able to determine if 2018 will be an “up year” as well. To do this, look at price on January 31 compared with January 2. If the price on January 31 closed higher, then you can expect 2018 to be an up year, according to the January Effect. Remember that no trading method is 100% accurate. We could very well see price drop to previous levels. However, if you believe in this strategy like John Paul does, you can use it to place trades. How? Well, wait for price to drop over multiple days. When price climbs back (retraces), wait for it to swiftly move past the 50% level. The 50% level is halfway between the bottom of where price recently hit and the recent high. Once this halfway point is passed with momentum, you can look at place a long trade.
Did you know that you can learn each trading strategy John Paul has to offer in one complete package? The Mentorship Program offers over 10 strategies taught live online. You can attend classes from your computer and learn the secrets of price action trading. Classes are twice a week. The DayTradeToWin.com support team can even assist with installation of class materials. Traders who have taken the course have said it’s unlike anything else out there. So if you’ve tried a number of other courses and systems, it’s definitely worth a look. Check out the official Mentorship Program page.