With the lack of tradeable volatility in the E-Mini S&P lately, yesterday was a pleasant surprise for traders who went short and stayed there. Price started to decrease around the 9:45 a.m. mark, and many traders were not expecting the trend to continue all day long. At most, the E-Mini has been stuck in a tight range lately, making it very difficult to trade for gains over a period of time longer than a half hour.
If you were among the traders using the Atlas Line price action software from Day Trade to Win, you probably saw the Short Order Signal come in right after the 9:45 a.m. mark. Atlas Line traders knew to stay Short when coming across each Pullback Trade setup. In total, three Pullback trades occurred. In the chart below, you can see how many points were racked up by the end of the trading day. These Pullback setups are taught in the webinar that’s included with the Atlas Line. You also learn a few other setups and how to capitalize on days that are stuck in a trend, as mentioned in the previous paragraph.
Look for an upcoming video that shows the Atlas Line presentation John Paul recorded today. You won’t believe how easy it is to trade profitably on a consistent basis with this easy-to-use software.