Tag: ato 2 review

Here’s How 3 of Our Signal Systems Performed Today

Here’s a review of today’s signals for the ATO 2, Trade Scalper, and Atlas Line as applied to the E-mini S&P 500 (ES 09-20). We start the day observing the ATR (Average True Range) nearing five points. Note the ATR is configured with a period value of four. Other values, such as the default 14, will not give you the same “readout” that we use to make trading decisions. Click here to get the ATO 2, Trade Scalper, and Atlas Line The first signal reviewed is the ATO 2. It’s a Long signal at about 10 a.m. US/Eastern. The Long...

Quick E-mini ATO 2 Signal Worth 7 Ticks

Here’s a quick video of an ATO 2 signal that occurred in the E-mini on June 13. The provided entry price is 2432. The profit target was 2430.25. That means the trade is worth 1.75 points, or 7 ticks. How much is this worth? Remember that each tick of the E-mini is worth $12.50. Multiply $12.50 by 7 and you’ll get a profit of $87.50. If you’re trading 10 contracts, that profit becomes $875. Remember that slippage, broker fees, and other trading costs are not factored in these estimates. With the ATO, it’s very possible to get in at price...

Atlas Line, ATO 2, and ABC Trades All in One Day

Here’s the E-mini S&P with today’s Atlas Line and ATO signals. The Atlas Line’s Strength and Pullback trades provided additional opportunities. Later in the day (the B part), an additional Atlas Line signal was generated. Using the ATR, we can see this signal was worth risking two points. Recently, we’ve seen the market whipsaw back and forth. John Paul thinks this chopping period will soon be over, as markets tend to be cyclical. The ABC setup also occurred, with price breaking out of the A period (first 2.5 hours after market open). That’s why you see the ABC Short signal....