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Here’s another day trading video showing the Atlas Line day trading strategy. The Atlas Line usually gives a few bigger trading signals during the day, and it also provides several signals for smaller moves.
Usually we trade the Emini S&P500, but you can use the Atlas line for other futures contracts also, as well as for forex trading. This is a chart of the European Stoxx50 with the blue Atlas line down here. As you can see we just got an Atlas Line long signal at 3516, AND we also got a Strength Trading Signal at 3520 - so this gives us double the confidence in the trade and it is totally possible to trade both of these signals.
The Stoxx 50 gives us €10 per point and that’s about the same amount in US dollars - $11. We are only looking for 3 points here on the Atlas Line trade - trying not to be too greedy. We base our profit target on what we can realistically expect. The Strength trade profit target is one point.
As a day trader, if you get too greedy you will end up broke - so we just follow the trading rules and grind on.
And we reached the profit target in no time here - these trades gave us €40 per contract - so depending on how big positions you’re trading you can calculate how much money you would make. Say you traded 3 contracts - this would have been more than €100 here for a few minutes of trading.
The market continued upwards for here for a total of 12 points - I know many traders like to use trailing stops to lock in even more profit on the Atlas Line trades. We teach you the best way to use trailing stops in our 8-week day trading mentorship program that begins soon.
Let’s also review the second Atlas Line trade later in the day - this was a short trade at 3519 - here we also cashed in another 3 points.
The first trade 3 points, with a potential of 12 points using trailing stops. The Short trade produced 3 points as well. And the Strength trade here gave us 1 point. So, a minimum of 70 Euros trading only one contract.
The big players trading 10 contracts would have made 700 here - the great thing with day trading is when you have a good day trading strategy you can scale up and trade more and more contracts - bigger and bigger positions. That’s what I love about day trading. If you want the Atlas Line day trading strategy go to [ Ссылка ] and for more videos please subscribe to our channel. Until next time - good trading! #daytrading #PriceAction #autopilot #daytradetowin #DayTrading #StockMarket #Investing #Stocks #FuturesdayTrading #futures #Trading #BeginnerDayTrading #BeginnerTrading #LearningtoTrade #ShortSelling
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*THE LINKS IN THIS DESCRIPTION ARE AFFILIATE LINKS. I DO BENEFIT FINANCIALLY WHEN YOU CLICK THESE LINKS AND SIGN UP WITH PARTNERS. THIS IS NOT FINANCIAL ADVICE. NEVER INVEST MORE THAN YOU'RE WILLING TO LOSE. DAY TRADING IS VERY DIFFICULT, AND THE PERFORMANCE SHOWN HERE ON YOUTUBE DOES NOT PORTRAY COMMON RESULTS.
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Day trading Euro Stoxx 50 Futures
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