Did you get your $200 per contract today?
That doesn’t even count the Pullback trades the Atlas Line provided…just the initial short trade!
Again, here’s another large down day trading the Emini. The Atlas Line was dead on telling us to go short 1235.25 due to two consecutive closings. The last couple of months, the E-Mini was very slow. The ATR is now around 3 to 4, showing an improvement in volatility, making for better trading. In the video, John acknowledges non-US traders who prefer to trade the E-mini’s overnight Globex session. Overnight, the Atlas Line produced a short entry at 1257.75. It’s important to check the ATR if it’s above 1 before trading the overnight session. Many times, the ATR is not volatile enough to produce decent results. In this case, we recommend moving to a market with more volatility. This applies to other strategies besides price action trading.
John Paul, day trading coach, teaches traders how to recognize opportune times for trading along with identification of custom Atlas Line trades the the Pullback and Momentum setups. This day trading education is included with purchase of the Atlas Line.
For those of you who missed today’s webinar, the room was at capacity with traders eager to see how the Atlas Line performed in their favorite markets. John Paul took his time answering questions about the Atlas Line software and the Power Price Action method. Both methods are entirely based on price action yet are separate in how they are used to achieve profit. The Atlas Line focuses on trading using the angle of the plotted line and generated signals. The Power Price Action method focuses on identifying unique setups to determine entry.
The following coupon code was given away during the webinar. It’s active for a limited time and can be used with all products…
10% Off All Day Trade to Win Products = POWER10OFF
(Use this coupon code in the shopping cart after clicking the purchase on your preferred product)
The Atlas Line spotted a long trade before it occurred on the E-mini at 1249.25. This long move was worth 4.5 to 4 points of profit. When price started to drop as indicated by the three red candles (five minute chart), the intersection of price with the Atlas Line indicated that it was time to go short. Further confirmation was prvided by the short signal at 1242. These order signals are autoamtically displayed on your chart and can be toggled off. In the video, John also shows how the Atlas Line can be traded on the overnight Globex session. Notice the nice long trade at 1248. In tonight’s webinar at 5:00 p.m. US/Eastern, we’ll go over the rest of the day after this video.
Again, here is the room link:
See you there!
Here’s video showing the Atlas Line’s performance the last two days under short trade conditions on the E-Mini S&P. With the deadline for the debt ceiling drawing near, the markets reacted with increased volatility. The video shows consistency using price action trading system despite uncertain economic conditions. This would have helped you as a trader knowing whether to go long or short the entire day.
Come see how the Atlas Line performs. Attend the webinar – August 3, 2011 @ 5:00 p.m. U.S. Eastern
Here you can see John Paul trading 10 contracts live in the Emini S&P. This is a quick, to the point video, so John doesn’t mention right away that he’s using the Power Price Action strategy as taught in the four DVD course. The trade he takes shortly after 11:00 a.m. today is worth 1.5 points, or six ticks of profit, equivalent to $750 when trading ten contracts. Not all traders have 10 contracts (or prefer to trade with this amount), but this profit scales up/down accordingly. In fact, John recommends starting off with simulated trading, then moving upwards in the contract count once comfortable with the method. Needless to say, the trade quickly turns in his favor as indicated by NinjaTrader’s “order filled” chime. John’s busy mentorship schedule doesn’t always allow time to trade the morning session like he prefers, but he saw this setup while teaching and decided to record the trade. The four DVDs, color training workbook and eight weeks of training will confirm your understanding of this proprietary method, including the three stop types and a boatload of other tips for trading futures, currencies and (dare we say) forex.
John Paul demonstrates the effectiveness of the Power Price Action method for trading the Euro (6E) currency market. Using nothing but this proprietary price action method, we spotted the PPA setup and traded it according to course rules. No indicators were used to detect the setup, dictate the entry, exit or stop loss. Watch the video to see the setup go in John’s favor in real-time.
The Power Price Action method works on nearly all indices, Forex markets, and futures. Unlike other Day Trade to Win day trading courses, the PPA course is DVD-based. Instruction is spread across four DVDs. Additionally, John Paul mentors PPA students for eight weeks, ensuring the method is fully understood / used correctly. Since this is a price action trading method, it can be used with all platforms including NinjaTrader, TradeStation, MetaTrader, eSignal, thinkorswim, etc.
We try to keep the Power Price Action results tables updated as much as possible.
Here’s the long awaited webinar recording from earlier this month where John Paul demonstrated the Atlas Line working LIVE on multiple markets:
The video starts of with emini trading and an explanation of the order signals generated by the Atlas Line. Similar price action is found in the Euro (6E), with a trade worth 16 ticks. The green line plotted on the bottom of the NinjaTrader chart is the ATR (Average True Range). The ATR is used as a precise reference to indicate how much profit can be made (your profit targets) and when a trade should be exited. The Atlas Line has configurable parameters. You can change the color of the line and toggle the visibility of the trade setups it recognizes (such as Bounce Trades). No optimization or advanced configuration is required. It’s true “set and forget” trading software. We usually recommend trading with 5-min charts, but other time frames can be used (the same order signals are given for 3-minute charts, as demonstrated). Also, the software works for overnight training. Other markets shown in the live webinar are the FDAX, Mini-Russell 2000 (TF), Crude Light (CL), and the Australian Dollar (6A). John takes questions from spectators so keep watching if your question is unanswered. You can also email [email protected] for more details or check out the Atlas Line page.
Alan, a trader of four years, started trading stocks, went to Forex and then futures all while experiencing marginal success. Ever since he started using the Atlas Line, his trading has vastly improved as well as his profit margins. He says the Atlas Line “is like a roadmap that keeps you going in the right direction.” After purchasing the Atlas Line and using its rules, he’s been able to make consistent profits. Alan trades oil contract futures (QM and CL markets) on a full-time, daily basis.
Sandy C. reviews our Private Mentorship Program, providing an honest evaluation of his experiences learning how to day trade.
Sandy C., Private Mentorship Student / Graduate:
“Now how do you become consistently profitable? I think any answer to that question can be put into two buckets. The first is to just jump in, start trading, and learn by trial and error. The second is to find someone who is consistently profitable, knows what he or she is doing and pay them to teach you their techniques. I can assure you that the trial and error way is more expensive – Mr. Market will get your money; no doubt about that….Everything he (John Paul) said it would be, he delivered on…I can recommend his Mentorship without qualification.”
3 Profitable E-Mini Trades Today – Monday June 13, 2011
1st Video = Power Price Action trade (taught in the Power Price Action course and Private Mentorship)
2nd Video = Atlas Line Pullback trade (taught to Atlas Line customers in the included webinar and Private Mentorship)
3rd Video = RoadMap trade (taught in the Private Mentorship program only)
Using the NinjaTrader platform, John shows us how to day trade using price action. In the Power Price Action day trading course, traders learn how to use price (no fibonaccis, oscillators, or any other type of indicator) to make consistent profits while avoiding whipsaws and unpredictable volatility. All three days show emini trading, but all three methods work for other types of futures and currency trading.
Remember to roll over to the new E-Mini contract! We’re trading the September contract now.
We did a couple of Atlas Line posts this week. Now it’s time to demonstrate another technique, taught in the 4-DVD Power Price Action course.
Around 3:00 p.m. EST, (about 1 hour, 15 minutes before market close), we identified a Power Price Action setup. Based on a set of proprietary rules, today’s emini trading setup was worth 2.5 points.
These setups occur just about every day, sometimes multiple times per day. Also, the setups can be applied to other futures, financials and currencies. This is one of the price action methods we teach that can be traded on Forex as well.
Day traders always want to know the types of stops John Paul uses when trading:
1. Catastrophic Stop
2. Time-Based Stop
3. “Prove It” Stop
…each of these setups is explained in the course, which includes a color workbook and eight weeks of live training. You can receive three free videos which will help you on the path to learn day trading at PowerPriceAction.com as well.