Trading the Atlas Line Recap for Nov 1st 2010.
The Atlas Line™ is a phenomenal tool to catch moves like this when the market reversed after the news event. I never trust the news reaction and look for conformation of the price before entering the trade. ATO (at the Open) also caught the move which was double nice. The 2nd trade on the Atlas Line™ is the pullback trade following the rules there was no reason why not to take it.
CFTC Rule 4.41: Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown.
Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing financial security or lifestyle. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described herein. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
Trade Results Disclosure: All trades presented are not traded in a live account and should be considered hypothetical.
Affiliate Disclosure: This website contains affiliate links. When you click on a link and make a purchase, We may receive a commission for advertising the product (at no extra cost to you). Interactive Brokers is a FINRA registered broker and SIPC member, as well as a National Futures Association registered Futures Commission Merchant. Interactive Brokers provides execution and clearing services to its customers. For more information regarding Interactive Brokers or any Interactive Brokers products or services referred to in this video, please visit www.interactivebrokers.com.
Trade/Training Room Disclosure: Presentations are for educational purposes only and the opinions expressed are those of the presenter only. All trades presented should be considered hypothetical and should not be expected to be replicated in a live trading account.
Testimonial Disclosure: Testimonials appearing on this website may not be representative of other clients or customers. Testimonials are not a guarantee of future performance or success.
See additional risk and disclosure information and further disclaimers that may help your understanding.
Check your email within 5 minutes for access.
Mark our emails as SAFE if they land in your Spam or Junk folders.
Sign up for a Free Member Account and get exclusive discounts, trading courses, software downloads, videos, and more.
Hi John, I have been following you for quite sometime.Like the Atlas Line method.I learned from watching this video how you trade the News fade.It looks like you must see confirmation of the Atlas line to do a Short fade trade.I like this type of trade. Unfortunately John I havn’t been able to buy anything from you.This is because I am Long on Experience but Short on Money. Been tradin since 1997. Done about everything.We had a problem with the people who bought our Mobil Station in the year 2000. I can’t trade E-Minis right now but CAN trade the currencies.I have an IRA Forex converted account also. If I can possibly build back up, am small right now.I WILL buy something from you. I don’t believe in the indicators either. I do kinda like the Force because it is Price and Volume based.
Jim C
Jims TM
Finally bought the Atlas Line after I’ve been eyeing it for weeks, attended the free webinar with John and am loving it! Thanks John for calling me back those few times I had questions, I’m doing well now and won’t bother you no more 🙂