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Day trading AND scalping the Emini S&P500 and Crude Oil
Welcome to Day Trade To Win
Here are this morning's Atlas Line and At The Open2 day trades. We're trading Crude Oil and Emini S&P500.
The Atlas line and the At The Open 2 gave us confirming day trading signals in the Crude Oil 5-minute chart:
ATO short at 55.87 and the Atlas Line 55.83.
Our profit target is 13 ticks, as we base our profit targets on what we can realistically expect from the market - at any given time - we use the A for profit targets.
The A is updated for every candle and reflects the current volatility in the market - if the market is volatile we will have bigger moves and can aim for bigger profits - and if the market is less volatile - having low A readings then our profit targets will be smaller - as the market is not going to make any big moves.
We reached the Profit target for the ATO2 here at 55.74 for a 13 tick profit.
And now we're waiting for the Atlas Line profit target to be reached at 55.70. There we go, another 13 ticks for a total of 26 ticks.
Each tick is worth $10 per contract, so if you trade only 1 contract that would mean $260.
Let's also look at some trading signals for the emini S&P 500. The Atlas Line and the ATO2 also gave confirming signals here: ATO short at 2931.75 and Atlas Line short at 2930.50
We reached the profit target of 2927.25.
Then we also have The Tradescalper here - a one minute chart crude oil - short at 55.79 - we only aim for 3 ticks of profit here - this is a short term scalping strategy, so we can't expect big profits on each trade - instead we're looking for many small profits to add up. And as you can see we have a number of Scalping trading signals here.
Then a little bit later the ATO signalled another trade here at 2923.50 - and the market made a very big move. A very nice trade.
A good day so far - WoW - I don't even need to sum up all these profits... It's golden.
Until next time! Good trading! Risk Disclosure: daytradetowin.com/risk https://daytradetowin.com/risk
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