Our Teach Yourself To Trade (TTT) video training course has a new video lesson released today. It is Lesson #5-Beyond Masterclass. This is not a trading program. Creating and trading Danielcode Time signals is our premier trading program. Beyond Masterclass shows you how to best handle our Time trading program to optimize results. Learn when the best trading opportunities occur, see how trends start, importantly see how consolidations those profit destruying demons start. Learn how to determine the true trend on a multi bar basis and most importantly when the probabilities favour relaxing your protective stops to capture those big trend moves which will completely change the profile of your P&L. Our fee is US $1999 and knowledge of our DC Time trading program is a huge advantage.

Email jneedham@thedanielcode.com for details.

This is an email from Mike K in NZ who recently took our new TTT video training course to learn how to create and trade Danielcode Time signals. This is important as it shows our TTT course is delivering the same vital informatio to our clients as does the full Danielcode Tutorial

I took the NG challenge again.

This time using NG3-057 instead of NG2-067 like last time.

Results as follows:

Total trades = 88 

47 wins = $54,255

41 Losses = $21,410

53.4% win rate 

Biggest win $4380

Biggest loss $1280

Average win $1154

Average loss $522

Average win/loss ratio = 2.2 

Total Nett profit $32,845

Margin $3200

 Profit on margin = 974%

[ED profit is actually 1026%]

 The S&P continued its machiavellian journey by closing above the last Black line in the Futures contract with Monday's high at 6147.25 just two tics from the Danielcode Blue line target of 6146.75. So we have a close above the famous DC Black line that portends at least a trade above 6162.25 and negates the bear case for an important top right here. But, but, but markets were closed on Monday for President's Day and we have a tiny spiritless higher bar. So S&P manages to keep its secret for another day or so. Remember that amazing as the DC accuracy is, we are still dealing with probabilities, never certainties. Best guess is a big KRB on Tuesday. We shall see and I trust you are enjoying this wonderful entertainment!

 S&P is a screaming point as the Futures contract continues to resist the final point of continuation of this epic Bull market.

Standing in the way is just the famous Danielcode Black line at 6137.25 a level that has been tested to the last tic on Thursday and Friday. On Thursday evening at our Stop the Noise Webinar (video at left) I pointed out as I always do that Danielcode support and resistance are not normal rubbery levels. They are precise and meaningful.

The DC Black line is the last level of support or resistance for any swing. In this case the February 3rd low defined the current operating range. Unlike the other DC support and resistance levels, the Black line has real implications for future price action. A daily close in the March Futures contract above this Black line shifts the probabilities massively in favour of new all time highs and that, given the S&P Index, the Dow, NASDAQ and Russell Futures are either rolling off or have already breached the Black line is now the only thing holding the slight Bull argument together. See how carefully the Futures approached the Black line last week. Markets know and respect these amazing DC numbers that are hardly known elsewhere. 

 US markets will be closed on Monday 17 February for the President's Day holiday and Canada is having its own holiday with Family Day. We generally require a whole day of trading to reset the charts after a market holiday but with S&P on a knife edge I can't stand to be out of the market. Forex will trade as normal.