Quick question – do you ever really know if the day will be a trending day or will there be a lot of back and forth chop? The following video is entitled “4 Ways to Identify a Trend Using Price Action.”
If you are correct that the day will be trending, then you can potentially hold positions longer for a greater win than being “tricked” into exiting a position prematurely or a stop loss that goes against you as soon as you enter.
Keep in mind, there is no way to be 100% sure what will happen moment to moment in the market. We like to use multiple systems to “confirm” anticipated direction. This allows us to be more confident.
[embedyt] https://www.youtube.com/watch?v=BkjbQn0EdmU[/embedyt]Best Trading Systems to Identify a Trending Day
This is why you’ll see all of our day trading systems saying the same thing for this particular day, Feb. 4, 2021. Indeed, we saw many great Long (buy) opportunities in the E-mini S&P 500. In the video linked to below, we show the Trade Scalper, Atlas Line, and ATO 2.
Clearly, all the systems were saying the same thing: “Buy!” Sure enough, the bullish trend soon followed. Our multiple trading systems successfully anticipated the trend in the early stages.
Did the drops in the market bait you into a short position? The the market then reverse and stop you out? If you’re using some of the other systems out there, you may want to sit out. Our signals had no problem for this trending day. Watch the video and see for yourself!
These systems plug into your NinjaTrader 8 trading charts as indicators. However, they are not like typical indicators. These give you exact signals. We also teach you how to use them for full effect. We want to see you successful with the markets.
