Do Individual Traders Have Too Much Power?
This time, it isn’t Ewan McGregor… Last week, UBS (Switzerland’s largets bank) announced that an individual, “rogue trader” caused an estimates loss of $2 billion for the bank due to an unauthorized trade. The accused trader, Kewku Adoboli, was arrested on charges of alleged fraud (although UBS did not initially confirm the suspect). UBS expects […]
Frank D. Reviews Scalping Courses and Atlas Line
Frank D. of Indiana recently switched from trading long-term stocks and options trading to short-term futures. This switch was the result of a losing short position in the Yen that was contradicted when price skyrocketed due to Japan’s seismic activity in March. While searching for a new way to trade, Frank came across other day […]
New Trading Price Action Live Webinar Recording
If you missed the live trading webinar with John Paul, there is good news and bad news. The good news is that the webinar was recorded and you can watch it below. The bad news is that you missed the 2 trades he took using the Atlas Line live during the webinar. The room was […]
First Atlas Line Trade Up 2.75 Points on E-Mini
Today’s first Atlas Line trade was Long Pullback with a target of 2.75 points (11 ticks). We entered at 1181.50. After a short time lapse, we were filled at our exact profit target of 1184.25. Yesterday (September 6, 2011), was another great day on the ES (E-Mini S&P futures). Atlas Line users saw several long […]
Day Trading for Income – Oscar G. Update
We have a Price Action Webinar scheduled this Friday, September 9 at 10:00 a.m. US/Eastern. Here’s the link to attend: http://www.omnovia.com/event/66711315413014 That handsome man in the video above is Oscar G. from Portland, OR. You may remember him from a testimonial he did back in July, 2010. Oscar was the first to participate in the […]
5 E-mini Points with News and Atlas Line
Part 1: Making Profit from the Jobless Claims Report The jobless economic report on August 25, 2011 caused a huge green candle around 9:15 a.m. The candle was the result of traders covering their short positions. Any Bloomberg red star news events are best avoided as the market can unpredictably move strongly. There’s really no […]
