Forex TradingFutures TradingStock & Options Trading

Counter Punch Xpress Daytrades from Today’s Session

March 10, 2017 — by Troy Noonan0

Some of Today's CPX Daytrades

The Counter Punch Xpress is an entry level version of the Counter Punch Trader. It is stripped down to just the setups. Of course the Owner’s Club is full of great training on how to use the setups along with time tested effective Tradeplans for specific markets.

Here’s a look at some of today’s trades using the basic CPX approach with some of our favorite, longest lasting tradeplans.


Find your Trading Style — Different Strokes for Different Folks

February 25, 2017 — by Troy Noonan0

Finding one’s trading style is one of the most important yet understated key elements to ongoing successful trading.  So many traders try to force a particular style ‘onto themselves’ without realizing whether or not that style is best for them.

Let’s face it.  It’s difficult sometimes to know what the right style is.  In fact, it’s a testimony as to how hard it often is to know oneself.

We’ve been so enamored with the ongoing success of some of our favorite markets and charts that it is easy to forget just how many ‘other’ trade opportunities are available to us with the CPT.  This is such a versatile strategy that once mastered, it can be used in countless ways to help you find or augment YOUR personal trading style.

This is an example of a faster swing trade chart, for example.  We haven’t given nearly enough coverage to some of these types of chart.  It’s a 30 minute chart of the GBPUSD which provides for shorter, faster swing trades.  Slower charts can easily take over a trader’s life if not careful.  As you probably know by now, I’m a big proponent of trading to support a better lifestyle, not the other way around.  I don’t want to sleep with my laptop, for example.  I’m happily married for over 21 years and I assure you it’s not by sleeping with my computer.  Not going to happen in my house!  Nor do I want to pull off the road to manage a trade with my iPhone.

This tradeplan uses our ‘snapshot trading’ concept.  We only focus on trades that set up within a two hour period; 9 to 11 am, est.   I did point out the purple trade which happened during the earlier overseas’ market, just to show you what’s possible but the trades that this tradeplan triggered into were the 2nd and 3rd trades (the green trades).  Check it out below.

  • The custom Counter Punch Trader tradeplan of the GBPUSD 30 minute chart, using our snapshot trading technique has won 78.2% of it’s trades over the past 4 years, 390 trades
  • Profit Factor 1.91
  • Winning streaks over that time period of; 32, 21, 16, 15, 14, 12, 11 (consecutive winning trades)
  • Worst losing streak; 4 trades (only two times in four years!)
  • This tradeplan is found on the CPT Owner’s Club website along with many other productive, profitable tradeplans for various markets and timeframes
A short trade just triggered in and is currently in progress

022517_gbpusd30 — grab your copy of the CPT while prices are still low.  Our February (early Spring special) is nearly over.  Click on this link for more information and to see our webinar demo.

Futures Trading

Trading for Consistent Income is all About Being Consistent

February 25, 2017 — by Troy Noonan0

A look at today’s trades; same tradeplans we’ve been talking about all along.  I’ve also received some requests regarding other markets I don’t pay as close attention to, mostly due to personal preference.  Below are two screen shots of today’s trades using two charts I think are good for ES and US (ZB).

ES was one and done today using a 1976 tick chart which I think works well


30 Year TBond Futures can make for a nice tradeplan too.  Today, using a 610 tick chart it was also one and done


One and done tradeplans can go a long way in building your equity if you can practice consistency.  It’s also a great way to limit your risk exposure to the market, hang onto your hard earned gains while also, controlling drawdown.  Remember, if you can quit positive most of the time, and control your drawdown (risk exposure), you can achieve your financial goals. — Get the CPT now, while the prices are as low as they are.  The prices are going to be raised after this launch.

Forex TradingFutures TradingStock & Options Trading

Learn it Once — Use it for a Lifetime

February 23, 2017 — by Troy Noonan0

The CPT is designed so that a trader can learn it once and then use it forever.  It is super versatile and can be effective on many different markets, charts, timeframes, styles of trading, etc.

Today we used the same strategy and approach (as we always do) to not only daytrade our favorite futures markets at the start of the session, but then to also take our favorite specialty trade after the Crude Oil Inventory Report.  See below for the examples.  I have also shown you some other trades from today on a variety of different charts and markets; forex, ETFs, Swing trade charts, 10 minute charts, and custom renko charts.  Learn it once, use it for a lifetime.

We’re running a promotion on the CPT.  To find out more, please visit our presentation video here.

My favorite trade of the week, the Crude Oil Inventory Report, hit its goals with the very first trade and was one and done within 2 minutes



Earlier in the session, our typical morning Crude Oil tradeplan was also one and done. for a perfect scalp trade and new equity highs for the lifetime of the tradeplan



My other favorite market to trade, the Russell eMini also hit its goals with the very first trade and was one and done with this perfect target trade — in and out in ONE minute



This GBPUSD 5 minute chart is traded in the live traderoom (as are the above charts).  Today it finished with its goals in two trades.



We’ve been getting a lot of requests for more swing trade examples.  CPT is great for swing trading.  Commodity ETFs tend to trend very well.  This Silver ETF trades at a very low price with high volume, low cost options and has won 70% of its trades over the past 10 years.



This 10 minute chart of the Russell ETF, the IWM, shows the versatility of the CPT.  We have traders using this chart to daytrade weekly options for great leverage, controlled risk, simplicity and consistent performance.



To further show the versatility of the CPT, some traders are using these custom renko charts with the SPY to also daytrade weekly options.  These charts also work great with futures and forex.


There’s never been a better time to get involved with one of the most effective and profitable trading systems we have ever used.  The markets are on fire with no end in sight. Learn the CPT once, and use it for a lifetime!

To find out more, please visit our presentation video here.

Forex TradingFutures Trading

Trading for a Living Requires Consistency and Persistency

February 22, 2017 — by Troy Noonan0

Trading for a Living is all about following a consistent winning tradeplan

If you want to be able to trade for a living, it is important to have a tradeplan that you believe in.  The only way to believe in a tradeplan is if you spend enough time with it to witness that it can continually perform and bank profits.  We continue to demonstrate that in our traderoom with some of our favorite tradeplans that continually prove themselves.  Consistency and persistence are the key ingredients to successful trading; trading that you can make a living with.

Check out today’s trades that had us in, out and hitting our goals quickly and efficiently, using our tried and true, completely tested and proven tradeplans.

The TF was one and done today, hitting its goals with the very first trade,  In and out within 11 minutes


The YM hit its goals today with its very first trade as well


The GBPUSD 5 Minute chart also hit its goals with the very first trade today



The EURUSD 5 minute chart hit its goals with its very first trade during the European Session today


Forex TradingFutures TradingStock & Options Trading

A Closer Look at Some of the Most Profitable Day Trading Markets

February 21, 2017 — by Troy Noonan0

The most profitable Day Trading Markets

This video will show you the most profitable markets that we like to trade, taking a close look at the trades from today. I will give you a quick overview of how we trade these markets using the Counter Punch Trader where you can see the trades clearly printed on the chart from start to finish using tried and true tradeplans that continue to produce steady, consistent results.

Take a Look at some of today’s trades which show some of the most profitable day trading markets that you should be focusing on

Futures Trading

Trading the Crude Oil Inventory Report Wins about 73% of the Time

February 15, 2017 — by Troy Noonan0

The Crude Oil Inventory Report is one of my favorite sessions of the week. Today we were finished in a matter of minutes which is pretty typical of this high percentage winning tradeplan.

Here’s is today’s live Crude Oil Inventory Report Session.  In the prior post you will find last week’s session.  I wanted to put two back to back, so that you can see the consistency in which we trade with the Counter Punch Trader.

Forex TradingFutures TradingStock & Options Trading

DAX Futures and Other Great Trading Markets

February 14, 2017 — by Troy Noonan0

We haven’t talked about DAX Futures.  Today it hit its goals with the very first trade, hitting all three target levels.  It was as straight forward as it gets.  Notice the structure on the chart, the entire trade perfectly laid out with all the information one needs to place a trade.  This is a tradeplan that has been going the same way for over two straight years.

DAX Futures Gained + 19 points at €25 Euros per point today, hitting its goals with its very first trade today


Since the US Election, markets have been providing great price action and our proven tradeplans have been producing many ‘One and Done’ sessions where are profit goals have been hit with the very first trade.  Some sessions take a few more trades to hit our goals but most importantly, we can consistently quit our daily trading with more equity than we started, which is how we grow our accounts and hit our financial goals.  Here’s a look at some more trades from today’s session.  Notice how they all pretty much look the same, work the same, utilize the same techniques, etc.  That’s because CPT is dynamic and adjusts to the chart and instrument being traded.

The TF hit its goals with the very first trade today


The GBPUSD 5 minute chart hit its goals with the very first trade today


CL hit its goals with the very first trade today


EURUSD 5 minute chart hit its goals with the very first trade today


Soybean futures hit its goals with the very first trade today


We started following a new YM Momentum Rangebar Chart in the traderoom which has been performing great.  Today it hit its goals with the very first trade with a perfect target


In fact, check out what this very chart produced the 2nd day we watched it.  It also hit its goals (and THEN some) with its very first trade for a one and done session


Ever trade Heating Oil Futures?  It’s very dynamic and produces great trades due to its volatility.  Today it hit its goals with the very first trade and was one and done.  Heating oil trades at $4.20 per tick and could be a great choice for smaller trade accounts.


CPT works equally as well on swingtrade charts as well.  Today in the traderoom, we watched as AAPL hit its Target 3 in live time.  Notice all the trades leading up to its current run at its all time record high price level


This 4 hour Forex Swingtrade chart has won 88% of its trades over the past SIX years.  Best of all, we only look at two bars per day for setups so that this timeframe can be manageable with a normal lifestyle.  Check out the current trade that just set up 30 minutes prior to writing this post.


Be sure to register for one of our upcoming Counter Punch Trader webinars as the CPT is going on SALE this month.




Show charts for AAPL, YM, HO,








Forex TradingFutures Trading

Trading for a Living Requires a Few Key Things

February 10, 2017 — by Troy Noonan1

Trading for a living doesn't have to be complicated but it does require some basic business practices and acumen.

If you are serious about trading for a living, it’s important to focus on a small list of ‘best practices,’ and running your trading the same as if you were running a business.  In fact, it IS a business.  You need to be the CEO of your trading business.  It’s a concept we talk about all the time in the Counter Punch Trader traderoom.

If I had to name the top ten essential things that are non negotiable, must have items, it would be these things:

  1. Dynamic Strategy that doesn’t try to do too much (identifies high percentage setups)
  2. Choosing the right chart(s) and market(s)
  3. Sufficient capital
  4. Well researched, understood, effective Tradeplan
  5. Proper Money Management
  6. Sufficient skill and ability for proper, near flawless trade execution (practice)
  7. Best trading tools (computer, internet, platform)
  8. Clearly defined goals (consistently take what the market wants to give you)
  9. Sufficient Belief in what you are doing (training)
  10. Discipline and confidence

For me, it’s about staying focused on my modest goals.  My number one goal is to be able to quit with a positive result on “most’ sessions while controlling my drawdowns.  I accomplish this with minimal trading and proper money management.  As my account and equity grows, I increase my position size accordingly.  Trading more is not the answer for growing equity.  I guess I should have put patience on the list as well.  It takes time to grow one’s equity but all businesses need time to grow.  The beauty of this is that we don’t have to trade more to make more.  We just use our money management plan to increase our position size as our account grows and like this, we can hit our financial goals without too much risk exposure or massive time commitment.

You see many examples on this blog showing ‘one and done’ examples.  That’s because we are following the key concepts on the above list; effective tradeplans, goals, etc.  Our plans are taking what the market wants to give us and hitting their goals with the very first trade.  Thus, one and done.  This doesn’t happen everyday and sometimes we have to take a few more trades but always within the rules and context of our plan.  We never have to guess IF and WHEN to take a trade.

YM finished One and Done with this Dynamic Momentum Range Bar Chart; Grabbing + 123 points with two positions


Our Soybean Futures Tradeplan is literally, a One and Done Plan, Win or Lose


EURUSD today was a perfect example of taking what the market wants to give us with its One and Done Session, grabbing 12 pips (10 pips after spread costs).  That’s all the market had for us but it was enough to hit our goals.  The other day we had a +100 pips trade.  Steady equity growth, and quitting positive a majority of the time is what achieves our financial goals as traders.  That’s what trading for a living is all about.


If you can execute one trade per day, win or lose, and stick to the tradeplan — basically running your trading business the same way each and every morning, your odds for ongoing success would be as high as it can be, putting you in a very advantageous position for ongoing equity growth.  Can you envision yourself running a part time trading business?  That is what trading for a living is all about.

Make sure to register for the upcoming Counter Punch Trader webinar where we will be discussing how to trade for a living and beat the markets on a consistent, ongoing, equity growing track.