See how to make money on the E-Mini S&P during unexpected market behavior influenced by news events.
A week or so ago, President Obama announced a tax cut extension. This announcement was made beyond the normal day trading session, in the evening. As soon as the public was informed, the E-Mini S&P price rallied during the overnight session. By the time the normal morning / day session began, price was coming back to reality. Traders using DayTradeToWin’s Atlas Line were able to make profit despite the drop in price. Many traders went with Long trades because of positive news. This is not something that is recommended – price should be the only determining factor when deciding how to enter and exit. Additionally, use the ATR (Average True Range) NinjaTrader indicator to decide how to exit the market (and what kind of profit to take). Remember, positive news doesn’t mean “GO LONG.” On a similar note, negative news doesn’t mean “GO SHORT.”
How can you really trade with the news, whatever I try I always get f’d when there’s news anouncements and I’m trading.. I’ll defintely have to take a gander at the Atlas line and if in fact it works I’ll be happy as a pig in muddd
Blake- I can tell you this is the real deal my friend. I was reluctant at first but I’ve been using the Atlas for the 3 months, all through the news and low volatility markets, and it’s been consistent for me.. I day trade futures e-mini ES and Euro, which markets do you trade?
i also vouch for it but cant date back 3 months only bought 2 weeks ago so far so good – i also got an extra month for free there is a promotion now if you can get it!!!
you know i love notin’ better than to wake up n the morning n make me some cash money before noon hits… last 3 months i’ve been using price action on the es futures like day trade to win teaches… in and out, take my earnings and done for the day, it ain’t rocket science folks…
u know i love notin’ better than to wake up n the morning n make me some cash money before noon hits… last 3 months i’ve been using price action on the es futures like day trade to win teaches… in n out, take my earnings n done for the day, it ain’t rocket science folks…
Good for nachocheese over there making his ‘cash money’, which method of theirs are you trading with? Have you tried their scalping or atlas method to trade around news events? What about low volatility times around the end of the year? Tell us more nacho
I saw john paul’s interview today @ DTI, he’s very convincing!
which one is better in scalping the markets the tradescalper vs atlas line?