Traders, let’s dive into today’s market action. We’re focusing on the E-mini S&P 500 using a one-minute chart. For our members, remember to join us daily in our live trading room where we leverage the Roadmap software and Price Action indicators.
The Roadmap software provides a shaded area, while the Trade Scalper just signaled at 5850. Understanding price action is key; we aim to avoid conflicting signals, especially near the Roadmap area. Long trades leading up to it are solid, like the 5850 signal.
Before we proceed, a quick reminder about trading risks. Only invest what you can afford to lose, especially during news events like FOMC reports.
Now, let’s dissect the market. The Roadmap‘s “Zone A Up” guided us for a successful long trade. As anticipated, the market reacted as per our roadmap. Now, we’re seeing a short signal, aligning with our expectations.
The Roadmap acts as a filter and reversal tool. When the market hits the zone and reverses, it generates signals like the 51075 we just witnessed. Pay attention to targets and stops, informed by metrics like ATR.
This holistic approach, blending strategies and understanding price action, is how pros navigate the market. If you’re new, consider our free member account for access to tools like our news and ABC indicators.
Remember, patience is key. If the market breaks beyond the Roadmap zone, it’s a long entry opportunity. But for now, the resistance suggests a downward trend.
For more insights, check out our videos on the Roadmap, Trade Scalper, and other indicators. They’re all part of our mentorship program.
Stay tuned for the next update, and feel free to reach out with any questions. Happy trading! ??
