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WELCOME TO THE

ELITE EMINI
TRADING COLLEGE
WEEK #2

EMINI
STRATEGY #1

DISCLAIMER
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of 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
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.

WEEK #1

REVIEW

EMINI COLLEGE CURRICULUM


Week #1 The Foundation and Building Blocks of Emini Trading
Week #2 Emini Strategy #1
Week #3 Emini Strategy #2
Week #4 Emini Strategy #3

Week #5 Emini Strategy #4


Week #6 Emini Strategy #5
Week #7 Emini Strategy #6
Week #8 Emini Strategy #7
Week #9 Advanced Trade Management

Week #10 Putting it ALL Together

EMINI COLLEGE WEEK #1


System vs. Strategy
Concepts 1 & 2
Edge #1 - Buy/Sell Line
Edge #2 - Confirmation Method
The #1 Chart Pattern
Homework Assignment

SIMPLICITY
EQUALS
CONSISTENCY

MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE

SPECIALISTS EDGE

EMINI
STRATEGY #1

Strategy #1 Highlights

Strategy Is Based On Concepts #1 and #2


Designed to Trade E-mini S&P Swings
Intensity Level (1-3): 3
Main Indicator Donchian Channels/5-period RSI
Any Time Frame / Any Market / Any Direction
Conservative, Standard, and Aggressive Versions
Learn the FULL Strategy Paper Trade First!
The Specialists Edge - Consistency

Strategy #1 Indicators

50-period Simple Moving Average (sma)

21-period Donchian Channels

5-period RSI

CONSERVATIVE
VERSION
All New Members
Intraday Traders

(Always Paper Trade First!)

Conservative
Strategy #1 Rules - Buys
CONCEPT #1 TREND:
1. Price must be above the 50-period sma - AND All 3 Donchian Channels must be headed in an upward direction.
CONCEPT #2 PULLBACK:
2. Price begins to decline and eventually touches the mid-line of the
rising channel. In addition, the 5-period RSI closes below 30.
3. Look to go long by applying the confirmation method - buy 1 tick
above the previous bars high - and continue as long as all 3
Donchian Channels are headed in the same upward direction.
4. Place your protective stop at least pt below the low of Pullback.
5. Sell (exit) when 5-period RSI closes above 60.

EXIT
1365.25

ENTER
1361.25
STOP

+4.00 pts.

Conservative
Strategy #1 Rules - Sells
CONCEPT #1 TREND:
1. Price must be below the 50-period sma - AND All 3 Donchian Channels must be headed in a downward direction.
CONCEPT #2 PULLBACK:
2. Price begins to rise and eventually touches the mid-line of the
declining channel. In addition, the 5-period RSI closes above 70.
3. Look to go short by applying the confirmation method - sell 1 tick
below the previous bars low - and continue as long as all 3
Donchian Channels are headed in the same downward direction.
4. Place your protective stop at least pt above the high of Pullback.
5. Buy (cover) when 5-period RSI closes below 40.

+1.75 pts.
STOP

ENTER
1336.75

EXIT
1335.00

STANDARD
VERSION
All Members
Pullback / Swing Traders

(Always Paper Trade First!)

Standard
Strategy #1 Rules - Buys
CONCEPT #1 TREND:
1. Price must be above the 50-period sma - AND All 3 Donchian Channels must be headed in an upward direction.
CONCEPT #2 PULLBACK:
2. The price bar begins to decline and is completely below the midline of the rising channel (SET-UP BAR).
3. Look to go long by applying the confirmation method - buy 1 tick
above the previous bars high - and continue as long as all 3
Donchian Channels are headed in the same upward direction.
4. Place your protective stop at least pt below the low of Pullback.
5. Sell (exit) when price touches the high Donchian channel.

+28.75 pts.
EXIT
1372.50

STOP

ENTER
1343.75

Standard
Strategy #1 Rules - Sells
CONCEPT #1 TREND:
1. Price must be below the 50-period sma - AND All 3 Donchian Channels must be headed in a downward direction.
CONCEPT #2 PULLBACK:
2. The price bar begins to rise and is completely above the mid-line
of the declining channel (SET-UP BAR).
3. Look to go short by applying the confirmation method - sell 1 tick
below the previous bars low - and continue as long as all 3
Donchian Channels are headed in the same downward direction.
4. Place your protective stop at least pt above the high of Pullback.
5. Buy (cover) when price touches the low Donchian channel.

+12.25 pts.

STOP
ENTER
1327.00

EXIT
1314.75

AGRESSIVE
VERSION
Experienced Members w/ Larger Accounts
Pullback / Swing Traders

(Always Paper Trade First!)

Aggressive
Strategy #1 Rules - Buys
CONCEPT #1 TREND:
1. Price must be above the 50-period sma - AND All 3 Donchian Channels must be headed in an upward direction.
CONCEPT #2 PULLBACK:
2. Price begins to decline and eventually touches the mid-line of the
rising channel.
3. Look to go long by applying the confirmation method - buy 1 tick
above the previous bars high - and continue as long as all 3
Donchian Channels are headed in the same upward direction.
4. Place your protective stop at least pt below the low of Pullback.
5. Sell (exit) when price touches the high Donchian channel.

+4.25 pts.

EXIT
1361.00

ENTER
1356.75

STOP

Aggressive
Strategy #1 Rules - Sells
CONCEPT #1 TREND:
1. Price must be below the 50-period sma - AND All 3 Donchian Channels must be headed in a downward direction.
CONCEPT #2 PULLBACK:
2. Price begins to rise and eventually touches the mid-line of the
declining channel.
3. Look to go short by applying the confirmation method - sell 1 tick
below the previous bars low - and continue as long as all 3
Donchian Channels are headed in the same downward direction.
4. Place your protective stop at least pt above the high of Pullback.
5. Buy (cover) when price touches the low Donchian channel.

+1.50 pts.

STOP
ENTER
1348.75

EXIT
1347.25

DONCHIAN
CHANNEL
SETTING
VARIATIONS

Rule of Thumb
You may adjust the Donchian Channel settings in
order to adapt to certain market conditions.
Always adjust in increments of 7.
VOLATILE MARKETS

(examples: 28, 35, 42)


NON- VOLATILE MARKETS

(examples: 7, 14)

21-period setting

35-period setting

ENTER

21-period setting

7-period setting
ENTER
ENTER

DONCHIAN
CHANNEL
MONEY MGMT.
EXIT
(200% Range Extension)

ENTER
1361.50
STOP

ENTER
1361.50
STOP

100%
STOP

ENTER
1361.50

200%

100%
STOP

ENTER
1361.50

EXIT
1365.50
200%

100%
STOP

ENTER
1361.50

STOP
ENTER
1335.50

STOP
ENTER
100% 1335.50

200%

EXIT
1334.00

Strategy #1 Review

Strategy Is Based On Concepts #1 and #2


Designed to Trade E-mini S&P Swings
Intensity Level (1-3): 3
Main Indicator Donchian Channels/5-period RSI
Any Time Frame / Any Market / Any Direction
Conservative, Standard, and Aggressive Versions
Learn the FULL Strategy Paper Trade First!
The Specialists Edge - Consistency

HOMEWORK
ASSIGNMENT

IDENTIFY RECENT
STRATEGY #1 TRADE
Clue: Daily Bars, Standard Donchian Channel Settings
1. Buy or Sell?
2. Which Version: Conservative, Standard, Aggressive?
3. Identify Price of Entry, Stop Placement, and Exit Price.
4. Profit or Loss?
5. Did You Have a Money Management Exit? What Price?

MY GOAL IS TO TEACH
YOU HOW TO TRADE
WITH THE

SPECIALISTS EDGE

SIMPLICITY
EQUALS
CONSISTENCY

ELITE EMINI
TRADING COLLEGE
WEEK #3
STRATEGY #2

QUESTIONS
stevenprimo@specialisttrading.com
brettm@specialisttrading.com

1-310-844-7220

DISCLAIMER
Hypothetical or simulated performance results have
certain inherent limitations unlike actual performance
record: simulated results do no not represent actual
trading. Also, since the trades have not actually been
executed, the results may have under- or
overcompensated of 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
presentation is being made that any account will or is
likely to achieve profits or losses similar to those
predicted or shown.

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