Any time we can see a commerical trading system or software operate in a live environment, we’re there! When you’re running your own chart and comparing the live plotting of price on the presenter’s chart, you instantly know whether the system truly works. Last Friday, we had a chance to attend the price action webinar conducted by John Paul of Day Trade to Win. We noticed he was using NinjaTrader and his Atlas Line software. For those unfamiliar with the Atlas Line, it’s a third party module commercially made for NinjaTrader. After purchasing and installing it into your platform (TradeStation and eSignal are also supported), a few quick parameter changes are all that’s required. It’s not one of those indicators you have to optimize every thirty days – it’s truly set and forget trading. More impressive is the variety of instruments the Atlas Line works well with – nearly all reasonably volatile futures and currencies (6E, 6A, 6C, GC, CL, etc.). It’s one of the most versatile trading indicators we’ve seen, and to demonstrate it live speaks to it’s profitability. The short trades we saw were called far enough in advance, and sure enough, price moved into profit territory within a couple of bars.

Purchase the Atlas Line

As a trader, you’ve probably looked at many indicators, automated systems executed by brokerages and mathematical formulas. If you don’t have the time to actually watch charts and place trades, an automated system might be your only bet. Then again, why would you trade futures unless the brokerage could provide sufficient proof of profits? It’s always better to be in charge of your own trades – to control your profit targets and stop losses. The Atlas Line from Day Trade to Win bridges the gap between the world of somewhat tedious, manual trading and the convenience of automation. The Atlas Line is software that provides exact entries, either long or short at opportune times when price is most likely to either rise or fall in the specified direction. You can add an alert sound when an entry is plotted, so you can put down the newspaper from the other room, run to your computer, and place a trade. How do the stops work? Easy enough – you’ll learn exactly where to place them by attending the live training program that’s included with purchase. Additionally, you’ll learn how to place the proprietary Strength and Pullback trades.

The video above starts playing in a few seconds (there’s a black screen at first).

DTI hosts a lot of the world’s top trading experts. This video above is one of their Summit Presentations, in which three experts spoke. John Paul was the second in line, and in our opinion, was the best. The use of the slideshow animations really drives home his points about trading price. About five minutes in, he goes over the ABC Pattern – how to split the E-Mini into three distinct sessions based on time. You can accurately predict where price will be headed in future sessions after studying the prior sessions. It also provides a way to tell if the E-Mini is behaving normally (aka it’s tradeable). Another tool in the price action trader’s arsenal is the ATR (Average True Range). With a four bar period set and knowing that an ATR between 2 and 4 is considered good, you can minimize risk (placing stops and profit targets realistically). Another interesting point John makes is where traders place stops. Most of the time, these are at even numbers. Since trading is always first-come, first served, having unusual stops may increase fill chance. Indicators are also discussed in the video. More importantly, John stresses the lagging effect and calculations on when moves are over (you’re always a step behind). Trading price is about being aware – ignore other influences and focusing on one chart, looking for setups as they occur. Trading price may be a bit too intense for some, but really, it’s entirely objective. For long term trading, John also mentioned the “January Effect”, whereby a bullish-ending January also indicators a bullish 2012 close for the E-Mini. If price starts to fall, it may be a great buying opportunity if held until the end of the year.

Watch the first part of Day Trade to Win’s recorded webinar to see what we mean…

A second trading method, called the Yo-Yo effect, is described by John Paul. The Yo-Yo Effect is how price bounces back and forth in a choppy motion as a result of buyers and sellers quickly placing orders of inverse proportions. Being able to recognize these conditions will save you money in the long run as it’s best to avoid the chop.

Another interesting observation John makes is how the markets have been relatively predictable in terms of annual (calendar year) opening and closing prices. He describes a direct relationship between the performance of indices in January and where price usually ends (high or low) by December. He claims that you can backtest this strategy to reveal a high degree of consistency. You can also take advantage of this for the long term.

Day Trade to Win’s John Paul privately teaches his students the art of price action trading. Since many of these lessons occur during peak trading hours (from 9:30 a.m. to 12:00 p.m. US/Eastern time), John occasionally takes a live trade while teaching. Why ignore these opportunities that have a high profit probability? Showing how the method works live helps each student much more than simulated trading. Additionally, students become more confident with each price action method learned.

This video shows John teaching one of his students the Atlas Line software. John enters the trade Long as price has two closings above the plotted line (pink dashes). This entry is marked by the green signal produced when price is at 1266.75. Don’t panic when you see that large stop in place – John uses NinjaTrader’s Chart Trader to drag the stop to a more reasonable position. The three stop strategies (Catastropic, Time-based and Prove-it) are explained in the live training that’s included with purchase. Profit targets are always based on what current market conditions can substantiate, so you’ll also see this gap reduced to a more reasonable level. You can be certain that the rules are always clear and objective – no gray areas like in other day trading systems that keep traders guessing.

Visit these links to find out more:

Atlas Line
Private Mentorship

We were very fortunate to find Day Trade to Win’s instructional video for trading news events. In under seven minutes, John Paul, DTTW founder and day trading coach, outlines a specific price action strategy you can use to take advantage of price right after a news event occurs. You’ll quickly understand the method and be able to apply it to your preferred charting software almost immediately. Always consult Bloomberg’s Economic calendar first – check for red star events. These red stars indicate market-moving news, usually related to U.S. financial reports and economic outlooks (jobs, growth, real-estate, etc.). If you’re using NinjaTrader, pull up the latest day with a news event and see how the strategy worked. It won’t work 100% of the time (no strategy ever does), but we’ve seen a very high rate of success overall.

This is the type of price action trading that Day Trade to Win teaches – raw, uncut and explained in simple terms. This week (the first of January, 2012), there’s a brand new Group Mentorship session where you can register to learn a host of price action strategies. Traders learn how to quickly adapt to any market’s price action, manage risk and quickly switch between strategies depending on what price is proving. Visit the Private Mentorship registration page to find out what all the talk is about.

For a limited time (through the end of December), Day Trade to Win is offering a reduced 2011 price. Prices will likely increase in 2012. Since the program begins in 2012, it’s good to capitalize on the savings early. Register for the coaching program to be part of a team of professional traders. There’s no better time to start – 2012 is a new year after all!

Day Trade to Win’s ATO (At the Open) trading course teaches traders of all experience levels how to consistently profit from the ES’s (E-Mini S&P 500) opening move. Since this type of trading is based on the given day’s price history, the method is inherently accurate. The goal of the ATO is to make two to four points every day before noon. On occasion, the ATO software will produce signals in the afternoon hours, but these signals are far less reliable than those produced earlier in the day.

As you can tell from the video, the software provides an entry price and direction. The PDF course and live training covers the types of stops, orders and management strategies. Just this year, John Paul modified the course slightly to better reflect how the E-Mini trading has changed. Considering the low cost of the course (under $600 last time we checked) and the video proof of at least 5 days of straight profits, grabbing this course is a no-brainer. Throw in the live training session, and traders will surely walk away having learned a powerful e-mini trading strategy.

Day Trade to Win just posted their Atlas Line results for the last five consecutive days. For those who are unaware, the Atlas Line is a trading system that works for the ES and other futures, currencies and commodities. The software works with NinjaTrader TradeStation and eSignal. The main purpose of the software is to provide Long or Short entry signals at prime moments. Since the software is based on price action, there is no extra configuration. Performance is always based on recent history – no optimization required.

Back to the results – the ES was a bit shaky closing out last week, however, as indicated in the video above, November 15 proved to be the most profitable E-Mini day in the last week. November 15 generated 34 ticks or profit, providing each Atlas Line trade was taken. Considering the overall success rate and verifiable results, the Atlas Line is definitely a great buy for the price, either the 6-month or Lifetime option. Right now, Day Trade to Win is offering 10% off either purchase option by using coupon code 10OFFATLAS. The coupon is redeemable in the shopping cart on the Atlas Line page.

Day Trade to Win is running a promotion for the week – $60 off the Trade Scalper course. The Trade Scalper uses stop losses under six ticks, short chart time frames and minimal risk to rack up points using quick entries at any time of the day. As a bonus, the Floor Traders Secrets Manual is included. Both methods compliment one another. The coupon code is 60TRADESCALPER and is used at the DTTW cart checkout page.