Atlas Line Says Go Short – E-Mini SP Tanks
Featured Articles Slideshow UncategorizedPublished June 2, 2011 at 5:10 pm 4 CommentsDay after day, we’ve seen the Atlas Line produce consistent winners on numerous markets. Some days are truly better than others for profits. We all have experienced being boxed in by price that bounces back and forth within a range. Yesterday turned out to be an exception day for E-Mini Trading, and the Atlas Line was there calling the shots like a boss.
Not only was the angle of the line spot on (remember – when price is below the line, go short), the very early signal at around 9:50 a.m. said to “Go Short.” Those of you who heeded the advice and went short hopefully never changed your mind. Price continued to drop, momentarily rising on three more occasions, only to fall again. Upon each rise, we recognized the price action setup as a Pullback Trade and knew to stick with our short outlook. These proprietary setups, taught in the customer-only webinar, show this trade and a few others that can be used to get the most out of the Atlas Line.
Today’s jobless numbers top the bad news this week – indicating the economy is getting weaker. Housing prices down 33%, manufacturing, consumer conference, layoffs, etc. and similar reports all have an influence on price. We can expect to see the markets respond to this behavior, perhaps producing more days that are excellent for trading.
the atlas has been saving my butt lately! i’m using it on the es, 6e and crude oil. what other markets do you guys recommend?
i understand that the angle of the atlas is indicative of the trend for that day but what if the price is far away from the line without bouncing against it, do we follow the yoyo effect like you teach in the power price action method? im just curious looks interesting and i assume this too comes with training
ya don’t expect the markets and our economy to go up anytime soon! and presidential elections on the horizon too. atlas line could defintely make my life easier if i could just grab a few points a day and be a happy man like you show
i see similarities betweeh the emini s&p and the emini russell any truth to that?