E-mini Sets New Record: Trade Scalper and Atlas Line Winners

When there are historic highs in the market, you better hope that you’re using a trading system that accurately calls them out ahead of time! That’s what the Trade Scalper and Atlas Line successfully did multiple times throughout this historic trading day. We saw the E-mini S&P 500 climb well above the 4,000 level. If you were guessing or waiting for a short opportunity and took it, we hope you found success. If you held a position for any length of time, ouch.

Using two of DayTradeToWin’s price action systems together can give you a sense of improved clarity and ease. The Atlas Line can help qualify opportunities identified by the Trade Scalper as well as give a projected direction of where price may go throughout the day. If both systems line up, John Paul believes that’s double confirmation and all the better for trading.

How many times can a trading system be correct in a day? Many times. That’s what scalping is – many traders per day, in and out. You don’t have to take every trade. By all means, take only the best according to the ATR and any other systems you’re using. People get very excited about all the signals and potential of the Trade Scalper. It’s understandable. Once a signal appears, there’s an opportunity to place a trade right away. If you have an ATM Strategy set up that matches current market conditions, you can jump in easily.

John Paul of DayTradeToWin is expecting 2021 market conditions to climb even further. If he’s right, that means there are plenty more days like this in the future. The year isn’t even halfway over yet. By the way, if you need NinjaTrader 8, DayTradeToWin will set you up. They have a full video and written guide that may be some of the best unofficial documentation out there on the platform. The video focuses on getting up to speed quickly and skips out on features that you may not use.

Get Better at Trading: Go Beyond Guessing Tops & Bottoms

One of the most tempting and basic forms of trading is related to support and resistance. Have you ever drawn a horizontal line to connect a series of candles or price bars that group together as though they cannot pass beyond an invisible barrier? Have you done this to the short side and the long side?

Yes, identifying highs and lows, or tops and bottoms, or support and resistance, can be useful, but not as a primary trading strategy in our opinion. When coupled with a trading system like the Atlas Line or Trade Scalper, you can get clear direction on whether the market is expected to move high or low.

In past videos, you’ve seen how DayTradeToWin uses a price action approach to Fibonaccis, simply using the 50% value between a previous high and a low. When that 50% is surpassed, that can be the start of a longer (and hopefully profitable) long (buy) opportunity. But what if there was a way to immediately make sense of intraday price stalling? Yes, in the video in this post, you’ll see how John Paul’s use of price action Yo-Yo Bars can help you stay clear of choppy conditions.

The Atlas Line provided plenty of Strength (S) and Pullback (P) signals that were on point. Those signals and their manual calculation are taught in the included live training. Generally, if you see those signals, price is expected to move in a consistent direction instead of chop back and forth. Watch for such signals around those extended periods of price stagnation, such as the 35+ minute period shown in the video.