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.

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