Since our last Emini video post, the Emini has continued to fall due to economic uncertainty. The average true range (ATR) has climbed considerably, averaging above the five point range we like to trade. For quite some time, the Emini lacked volatility and now we have too much. The two videos below show the last two days, which were more tradeable in terms of the ATR value.
If you are using NinjaTrader, the ATR indicator is included. To add it to your chart, right click the chart and select Indicators. Navigate through the list until you see ATR then double click to add it to the selection box. Confirm the selection by clicking Ok. Remember to be cautious during this time. Your typical stops and profits can be reached too quickly and too unpredictably with ATR above 5.