Price is going up, are you going to sell?
Price is still moving higher – are you still thinking of selling?
Price has moved even higher. At this point, you are probably not following price. Instead, you are thinking of where the ceiling is…
How often do you find yourself tied into this emotional struggle of loss versus the unpredictability of price? Using a tool such as the Atlas Line makes sense as it will tell you when and how to place trades. Most traders put a maximum limit of where they think price will climb or drop. There are so many factors influencing the market, it’s impossible to know where the limits are. Arm yourself with a plan and the right tools – find more about the DayTradeToWin educational programs, including a single lesson of the Mentorship Program, at eminieducation.com.
Price action trading is using price in its relation to time to make the decision of how to trade. Traders have to options when entering the market: going long or going short. E-Mini S&P trading is as unpredictable as any other market and quite a few indicators exist. Unfortunately, these indicators are mostly hogwash – they lag behind price and use information that won’t be of benefit.
That’s why price action is so important. By looking at a chart, a price action trader can determine when to get in, how to get in, and when to get out. John Paul teaches traders how to win 2 to 4 points daily on the E-Mini S&P using the Atlas Line™, scalping, trading news events, and other systems that accurately determine price movement BEFORE it happens.
John Paul from DayTradeToWin.com / EMiniEducation.com explains his price action trading philosophy in 30 minutes using a variety of charts and PowerPoint slides: