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Price action trading, when done correctly, can be highly effective in capturing two to four points on a daily basis. The video below shows John Paul capturing four points by the end of the video on the E-Mini S&P on July 6, 2010.
See how DayTradeToWin.com trading techniques can be used to capitalize on market volatility:
Notice how there are no indicators on the NinjaTrader chart (the Atlas Line is used, but it can hardly be classified as an indicator in the conventional sense). Only price is used, but more precisely, its relation to the Atlas Line and signals given by the At The Open method. Both methods of trading indicate that he should take the trade long, which he does, to great success. As mention in a previous post, the At The Open method will be offered until July 31, 2010.