We’re just going to get straight to it and share with you some recent charts and price action signals from this week. The main purpose of this post is to show you and explain how the signals are different yet beneficial for some of our trading methods. Explanations will accompany each chart.
By glancing at each chart, even if you’re not an experienced trader, you’re probably smart enough to see that when a signal is red and price soon goes down, that’s a good thing. And when a signal is green and price soon goes up, that’s also a good thing!
Trade Scalper
Let’s begin with this chart. It’s the Trade Scalper, a trading method that focuses on getting in and out quickly (limiting exposure). Here, four signals appeared within one hour and 40 minutes. Sometimes, you can get many more signals. It all depends on the time of day, volatility, and what the market (price) decides to do. With your purchase, you’ll get the same software that plots signals. In addition, you’ll get access to the Members area, a training video, live training, the bonus X-5 course, and email support.
Atlas Line
If you want to focus on larger moves or filter those Trade Scalper price action signals, you may want to consider using the Atlas Line, as shown below. The Atlas Line can be used by itself as well, as is displayed here. On this particular day, the Atlas Line fired off a signal near 10 a.m. US/Eastern. Price continued climbing. This should have resulted in a win, for you.
Take a look at what happens next. Despite the two red candles, the Atlas Line is further “convinced” that this is not the end of the upward move for TWO reasons:
- Multiple green P and S signals are indications price is expected to continue rising. They say, “buy the market” or “go long,” the upward move is not yet over!
- The relationship of candles positioned with the dashed Atlas Line. If price is above the line, and it is by a good distance, then long trades are preferred according to the Atlas Line method rules.
ATO 2
Some traders just want to focus on the morning with one or two price action signals. We get that – sometimes, simplicity is best, especially if you have other things to do and don’t want to trade until noon or so, as can sometimes be the case with traders using the Trade Scalper or Atlas Line. You see, the ATO (At the Open) 2 method focuses on a specific price action pattern/opportunity that often occurs soon after the market opens.
Of course, the ATO 2 can be paired with the Trade Scalper, Atlas Line, and our other trading methods. You can mentally set the ATO 2 aside once you get beyond 10:30 a.m. U/Eastern or so, though it is possible to get some signals later. And of course, you can filter out ATO 2 trades with the Atlas Line or the Roadmap, which is up for discussion next.
Roadmap & Mentorship
…By this point, I hope you better understand the standalone trading methods we offer through this site’s courses and software page!
But, your journey is not over yet. Why? Because on some journeys, you may need a map, or a Roadmap…
On that courses and software page mentioned above, you’ll notice our eight-week Mentorship Program. Once you are a Mentorship student, there are many more methods to be learned and applied to charts. The most popular trading method offered in our Mentorship is called the Roadmap. Why so? Because it’s often used as a primary filter/confirmation tool ahead of any other method, including the Atlas Line. In addition to that, it has its own signals built in.
Here’s an example…
In addition to the signals, the Zone areas can be super helpful in recognizing barriers or gateway points where price may zoom past or stay in its own lane. That’s why we call it the Roadmap – it’s very much like a GPS that you soon can’t live without after just a little use. We really think you’ll like it and find it invaluable.
Again, it’s part of our 8-Week Mentorship. We have the next class dates posted on the Mentorship page for your review. If you have any questions, feel free to email us at support@daytradetowin.com.
Good trading!
