SP 500 Emini day trading today March 11 2011 with long and short orders gave plenty of
opportunity to grab a few points based on the current market conditions.
John Paul has created the following video showing how to trade the Eminisp 500
With all of the recent Atlas Line posts, we’ve neglected to show you how well the ATO (At The Open Method) as been performing. Even though the ATO and Atlas Line combo sale was over on Sunday, special arrangements can be made by contacting support@daytr[email protected] Those of you who purchased the ATO along with the Atlas Line are seeing a perfect example today of how the two price action methods can confirm one another. We encourage traders who use the ATO to use a secondary confirmation tool like the Atlas Line.
These recent NinjaTrader charts show how just the ATO and Atlas Line can be used to grab a couple of points before noon.
Euro Live Trading Example Using the Atlas Line on March 7, 2011
Here’s a perfect example of how the Atlas Line can produce different results while trading on the same day – just look at the Atlas Line post for the E-Mini S&P we created earlier. Today’s Euro (6E) Atlas Line produced a series of Long order signals. These were all spot on. As soon as price crossed the Atlas Line, a Short order was generated (much like the E-Mini S&P chart posted earlier). Even though price was again on the rise, you can see how the ATR and an Atlas Line Pullback (taught in the included training) kept me at a profit of 6-7 ticks. This price action style of trading is consistent with all markets, whether it’s the Australian or Canadian dollar, Forex, FDAX, or whatever your preferred market may be.
Here’s a quick video of today’s price action on the E-Mini S&P. Using the Atlas Line, our long trade was good for 3 points (1324 to 1327), as recommended by the “Dbl Bar Long” signal. We decided how many points to go for based on the ATR (which indicated about 2.5).
Once price crossed the Atlas Line, a short signal was generated at 1321.75. We confidentally stayed short because price wasn’t approaching the Atlas Line. Also, no further order signals were generated.
Atlas Line customers are taught how to use the ATR and the Atlas Line together, so you know your targets and when to get out.
Traders – a quick an easy profit today right at market open. Before the drop in price, the Atlas Line generated a short signal, in addition to the line being drawn above price (indicating to take short trades).
Price action chart trader John Paul educates webinar participants on how his Atlas Line day trading software works, outlining the trade setups and how price direction can accurately be determined in advance. For this February 17 webinar, over 60 viewers were in attendance to ask John questions and make requests to see how the Atlas Line interacts with their preferred markets.
Here’s a 10% discount coupon code off the 6-month or lifetime license: 10OFFDTTW Here’s the Atlas Line page, which will guide you to the shopping cart where you can enter the coupon code.
Again, another winning day for day traders who use the Atlas Line™. A long order signal was generated by the Atlas Line just before 10:00 a.m. (at around 1313). Right after, price climbed all the way up to 1318. This was an easy 2-5 point Atlas Line day, even for the most cautious traders.
This day trading video explains the ATR (Average True Range) and how to use it to your advantage when trading. The Atlas Line is used to correctly know when to buy or sell the market instead of counting on the news to tell you what to do.
Where do you enter?
Where do you exit?
Which indicator to follow?
Where do you reverse?
All of these questions come to mind when dealing with day trading indicators. In this video, John Paul pushes aside confusing indicators and replaces them with the Atlas Line™. Using the Atlas Line™, the questions above are clearly answered at all times during trading.
As a trading tool, the Atlas Line™ is extremely easy to use:
Trade according the long and short signals that are provided automatically.
Go short when price is below the Atlas Line™, go long when price is above the Atlas Line™.
There really isn’t anything else you have to configure or be aware of other than these easy rules.
It’s the one tool you need for every commodity, stock, or even Forex!
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