In this video's chart, the Atlas Line is the dashed line that appears above the candles. It produces signals, either Long or Short, to guide traders in the direction they should trade. Pullback and Strength trades are also produced. Today, two bars closed below the Atlas Line, thereby producing a Short signal. In case you were late to the party, the Pullback trade later in the day was another good opportunity. Multiple strategies confirmed this trade, including Day Trade to Win's Roadmap. The market conditions were good. Price was near enough to the Atlas Line, so we knew the conditions were not overbought or oversold. Taking profit quickly rather than nearing the four bar stop loss is preferable. John Paul shares a look at his 1-min chart. As you can see, the short direction on the 1-min is consistent with the Atlas Line. Multiple confirmation is best. With the Atlas Line, the trade he took was worth three ticks. Not bad for a few minutes worth of work. Live training is included with purchase of this system. Support can also install the indicator into your NinjaTrader platform.
Friday, August 26, 2016
Two Day Trade to Win Atlas Line Short Trades in NinjaTrader
In this video's chart, the Atlas Line is the dashed line that appears above the candles. It produces signals, either Long or Short, to guide traders in the direction they should trade. Pullback and Strength trades are also produced. Today, two bars closed below the Atlas Line, thereby producing a Short signal. In case you were late to the party, the Pullback trade later in the day was another good opportunity. Multiple strategies confirmed this trade, including Day Trade to Win's Roadmap. The market conditions were good. Price was near enough to the Atlas Line, so we knew the conditions were not overbought or oversold. Taking profit quickly rather than nearing the four bar stop loss is preferable. John Paul shares a look at his 1-min chart. As you can see, the short direction on the 1-min is consistent with the Atlas Line. Multiple confirmation is best. With the Atlas Line, the trade he took was worth three ticks. Not bad for a few minutes worth of work. Live training is included with purchase of this system. Support can also install the indicator into your NinjaTrader platform.
Wednesday, August 17, 2016
The Atlas Line is an price action trading tool developed by John Paul of Day Trade to Win. When using the Atlas Line, you are presented with entry signals that can be used for placing trades. A long entry signal tells you to buy the market. Similarly, a short signal tells you to sell. Once you enter a trade, you need to manage it according to the rules. In the included live training, John Paul will show you how to use the ATR (Average True Range) to decide the profit target and stop loss. About four different stop strategies are taught, including the time-based, catastrophic, and prove-it.The approach is entirely objective - there's no guessing.
The Atlas Line can also be used to filter trades. If you use another strategy like the Trade Scalper, the Atlas Line can provide the overall direction of the market. If both of the directions match, then you have additional confirmation the direction is correct. The Atlas Line comes in two different licenses: a Full License, which does not expire. There is also a 6-Month License that offers the same signals, only it expires after six months of use. Many traders step into John Paul's price action strategies via the 6-Month license and upgrade within 30 days. Day trading is always going to be risky, but tools like the Atlas Line can provide a way to find more opportunities.
The Atlas Line can also be used to filter trades. If you use another strategy like the Trade Scalper, the Atlas Line can provide the overall direction of the market. If both of the directions match, then you have additional confirmation the direction is correct. The Atlas Line comes in two different licenses: a Full License, which does not expire. There is also a 6-Month License that offers the same signals, only it expires after six months of use. Many traders step into John Paul's price action strategies via the 6-Month license and upgrade within 30 days. Day trading is always going to be risky, but tools like the Atlas Line can provide a way to find more opportunities.
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