Here’s another example of how the ATO 2 and Atlas Line can be used together to find and confirm trades in the E-mini S&P. Many traders were expecting a bull market and were therefore looking for long (buying) trading opportunities. The ATO 2 and Atlas Line indicated the opposite, telling traders to go short with their automated signals. For example, the ATO 2’s short signal at 9:55 a.m. EST was based on the ATR (average true range). Take a look at the green line on the bottom. The profit target for the ATO 2 is usually over one point. Generally, you won’t see a profit target over four points. The same is true for the Atlas Line software. Remember, slower conditions cause lower profit targets and stop losses. Faster, volatile markets (unless too volatile) can be traded with larger profit targets and stop losses.
When multiple trading systems confirm the same direction, John Paul believes the trade has more validity. This is especially usefull in a bull market where the common belief is price will trend upward. The Atlas Line’s 10:00 a.m. EST signal confirmed the ATO 2’s short direction. With only one trading system in place, you may be less confident with the trades you place.
Two Systems Go Short in Bull Market
Live training is included with purchase for both systems. If you instead want to learn how to trade all of the DayTradeToWin.com methods, Mentorship is the best option. Each live training session is recorded. Play back each recording at your own pace. Lessons are truly live and are conducted entirely online. You attend a live webinar room where John Paul shares his charts and discusses his techniques. It’s one of the best ways to learn how to day trade.