Quite a few traders were in attendance to see the Atlas Line traded on multiple markets.
In the E-Mini S&P, the Atlas Line generated short signals today at around 9:45 a.m. Price nearly touched the Atlas Line then continued short, as the signal indicated. In the Euro, Crude Oil and Swiss Frank markets, price also tanked, with the Atlas Line accurately advising Short trades prior to price’s descent.
The Atlas Line is fully configurable in terms of the types of trades it identifies as well as the line’s appearance. For example, a user can toggle the Atlas Line’s behavior of identifying “Bounce Trades” Cross Trades” and “Trade Double Closes.”
On any given day, John Paul considers the following:
- Break up the trading day into three sections: A, B and C (the ABC Pattern). The A part of the day is the best to trade (starting at 9:30 a.m. EST).
- Always be objective – don’t be subjective about how many points to go for on a day-to-day basis. Watch price and trade on market behavior / price action.
…and if you want more tips, you’ll have to watch the rest of the video!
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