This video shows how the Atlas Line did today on the E-Min S&P, as a follow up from last week’s very informative webinar.
See how John Paul demonstrates how the Atlas Line Pullback accomplishes getting us more trades as the price continues to be above the Atlas Line.
We always trade with confirmation of the price using the Atlas Line before entering any trade, and so should you.
Objective, consistent and confident is what each trader should have when trading, and having the right tools can make the difference.
Atlas Line Pullback trades are taught during the free private live training that is included as part of the purchase. The training with John Paul will teach you to trade the Atlas Line method with clearly simple and objective rules.
John Paul once again shows how successfull the Atlas Line is in calling trades on January 31, 2011. Along with a great setup in the morning, a Double Bar Short Signal was given by the Atlas Line at around 2:30 p.m. EST. Upon comparing the signal with the ATR (Average True Range), we knew in advance where the bottom was. A common question among traders is “does the Atlas Line tell me when to exit the market?” The answer is no, but this is why we use the ATR. Also, the Atlas Line does not readjust itself during the day as many are curious about – another indication of just how accurate the Atlas Line is.
In the morning, three Bounce Long symbols appeared between 9:30 a.m. and 10:00 a.m., all advising to “go long.” Of course, these notifications occurred prior to the hike that began at around 10:30 a.m.
Halfway into the video, John Paul shows how the Atlas Line can be used in pre-market sessions. A Short signal is produced after-hours and shortly thereafter, price dropped a few points allowing for a pre-market profit.
John then rewinds the video again to show day trading the E-Mini activity on the 30th. A Long signal was generated that didn’t amount to that much, but check out what happens with the short signal at 1203.5…
The Atlas Line is a line drawn on your day trading chart from the time the trading session starts, calculating odds using DayTradeToWin’s proprietary formula.
According to the review, the Atlas Line can assist price action traders by producing order signals (to go long or short) before price moves in the expected direction. This is advantageous because traders will know whether to go long or short in advance; advice very few other indicators actually produce.
The reviewer also noted that the Atlas Line is complimentary to methods that may already exist in a price action trader’s repertoire. High points were awarded to the Atlas Line (10/10) for being easy to use, being consistently accurate (9/10) and having excellent customer support (9/10).
Compatible with NinjaTrader and TradeStation, the Atlas Line is one of the few, if not the only, daytrading tool out there that can consistently perform in all the popular markets (Forex, E-Mini S&P, Euro, BP, etc.).
Demonstration of Price Action Trading on Multiple Markets Combined with Atlas Line Indicator Use
Very few indicators are compatible with price action trading, as they are based on volume, momentum or an abstract mathematical formula that has no real relevance to the tick-by-tick day trading world.
The Atlas Line is much different from those indicators. In fact, the Atlas Line is not very much like an indicator – it’s more of a tool to assist price action trading decisions. For example, look at this chart from yesterday’s e-mini and ask yourself what you would have traded if the Atlas Line was not present: