Day Trade to Win Atlas Line Discount Coupon
Featured Articles Slideshow UncategorizedPublished August 8, 2011 at 8:01 pm No CommentsNormal E-Mini S&P movement is between 2 to 3 points. Ever since the debt ceiling climax, the point value has been ranging far above these values. With the market whipsawing, deciding how and when to enter is difficult. Although it’s best to avoid trading when the ATR is above 5, the Atlas Line can provide you with exact entries under “regular” E-Mini S&P conditions. John Paul describes how to use the Atlas Line to recognize volatile days and manage trades accordingly in this recorded webinar:
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With an ATR above 5 or 6, there are probably many people with tight stops who are blowing out their accounts. Avoid trading your regular indicator setups and automated systems which are not optimized to handle this unusual market behavior. Today, we saw the ATR at around 9. When the market moves four points within a couple of seconds, it’s far too chaotic for retail traders to accurately position themselves. You can add the ATR to your chart in NinjaTrader by right clicking the charts and going to the indicators tab.
