E-Mini S&P Accuracy During News Events
SlideshowPublished December 16, 2010 at 10:39 am 2 CommentsOn December 7, 2010, the Atlas Line accurately produced a Short order signal despite the commonly held belief to “go Long” because of the market rally that occurred the evening of December 6. President Obama announced a tax cut extension, effectively rallying the marking because of the “good news” during the Globex session. By the time the regular pit session began, traders were unsure how and when to enter the market, in fear of unexpected behavior due to the news.
The Atlas Line accurately told traders to go short, whereby many profits were made. In this video, you can see a live demonstration of John Paul day trading the E-Mini S&P on NinjaTrader. He takes full advantage of the short signal and combines it with the ATR, a free tool provided by NinjaTrader. The Average True range works nicely with the Atlas Line, as it provides a way to profitably exit trades after the Atlas Line entries.
Right now, DayTradeToWin is offering a guarantee for the Atlas Line, available through December 31, 2010. Now is the best time to try it out!
does the atlas line recalculate itself? I day trade forex..,..
just wanted to say TY been using it to trade thru news and keep consistent, bravo daytradetowin salut