We’ve been getting a ton of e-mails asking about our Power Price Action DVD trading course. John Paul will be answering many of the questions we’ve been receiving and presenting on the following:
* What is Price Action? How do I trade it?
* Setting up your charts
* Trading news events
* Price Action tips every trader can use
* The A-B-C Pattern – best times for trading
* Power Price Action course details
The webinar room capacity is limited so arrive early!
When: Tuesday, March 22, 2011 @ 7:00 PM EDT (U.S.)
Cancel dinner – that’s less than three hours away from when this blog post was published!
Webinar Link: http://www.omnovia.com/pages/sc2/room_login.php?eventID=65571297969356
Our Price Action DVD-based video course contains over 6 hours of price action techniques, tips and other helpful footage for consistent profits. Whether you’re a Forex, Futures, Stocks, Options or Commodities trader, Power Price Action will improve your results through the 50+ page color training workbook and the INCLUDED 8 weeks of LIVE TRAINING – an industry first! Remember, price action can be traded on any platform – it doesn’t matter if you’re using MetaStock, NinjaTrader, eSignal, TradeStation, etc.
Don’t miss this event!
Looking forward to answering your questions!
Here’s a Power Price Action video showing you how easy it is to make profits:
The video below is a two-part video. The first part shows how the Crude Oil market was on fire today and how well the Atlas Line performed. The second part of the video shows you how to set up 24 hour data; a question that’s been repeatedly asked of John.
In part 1 – Atlas Line Says Go Long – Crude Oil (CL) Takes Off, John entered at $100.08 and the Atlas Line never bothered producing another signal. That’s because price was steadily climbing the rest of the morning. John Paul rewinds his chart to show how well the Atlas Line performed in the CL market yesterday. Yesterday’s CL trades were again spot on – a long trade followed by a short when price intersected the Atlas Line. It’s very difficult to find a trading method or software that can work across all markets. The Atlas Line is the exception to the rule.
In part 2 – How to Enabled 24 Hour Data (NinjaTrader), John shows traders how to go from pit session data to full 24 hour data. If you’re using the Atlas Line, you’ll need to enable 24 hour data. This 24 hour data tutorial is specific to NinjaTrader, but other software supported by the Atlas Line like eSignal and TradeStation of course offer full-day compatibility. NinjaTrader allows you to save a template so the 24 hour access is instantly applied.
Using the Atlas Line™ in the E-Mini S&P, we knew to take a long trade at 1266.50 based on price trading above the line and the Dbl Bar Long signal. Based on the ATR, 2 to 2.5 points were possible. The first fill was at 1266.75. Watch the video to see what happens next (despite the morning news event).
Using the Atlas Line and ATR, you know three things:
- Price direction
- Where to place the entry
- Where to place your stop
- What your profit target should be (according to the ATR)
This is all taught in the live webinar taught by John Paul which is included with the trading software.
Yes, the Atlas Line is really this consistent.
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
Don’t forget about rolling over to June contract in case you need to know when check out this video:
how to rollover to the next contract month
Just a reminder to adjust your charts because today is the rollover date for US Equity Index Futures. This applies to all E-Mini S&P traders, regardless of trading platform.
John Paul has created the following How-To Contract Roll Over Video for NinjaTrader Users
Here is the official guide for NinjaTrader 7:
NinjaTrader 7.0.1000.3 Beta Installation Guide
NinjaTrader 7.0.1000.3 is a Beta release and is compatible with the upcoming Microsoft Windows 7 Service Pack 1. Please thoroughly read the information on this page prior to installing.
Why is Version 188.8.131.52 Beta?
The NinjaTrader 3rd party partner base is over 220 strong and growing every day. This thriving ecosystem of innovative applications allows you to extend the NinjaTrader application to fit your needs ensuring you get the most out of your NinjaTrader investment. Our partner program would not have been possible without the ability for our partners to protect their IP (Intellectual Property) from reverse engineering attempts. To ensure that our users continue to have access to a broad base of custom indicators and strategies we are introducing a change in how IP is protected. We are changing the vendor that provides us with the technology to protect our IP. Although the core NinjaTrader source code itself is not in a beta state, the technology wrapper used to protect our IP is new to NinjaTrader thus we thought it appropriate to label NinjaTrader 7.0.1000.3 as beta.
Are there any implications with upgrading an existing NinjaTrader installation to 7.0.1000.3 Beta?
If you are currently using any commercial 3rd party partner indicators or strategies we advise you contact the partner prior to upgrading to obtain NinjaTrader 7.0.1000.3 compatible versions of their products. There is a high likelihood that any 3rd party product you are using in NinjaTrader 7.0.1000.2 or earlier will not work (incompatible) with NinjaTrader 7.0.1000.3 Beta and any future NinjaTrader version.
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 [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.
E-Mini S&P – ATO – March 7, 2011
E-Mini S&P – ATO – March 8, 2011
Crude Oil – Atlas Line – March 8, 2011
To answer the question simply; yes.
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.
Remember, this Sunday (March 6, 2011) is the last day to take advantage of the ATO and Atlas Line combo discount!
Atlas Line™ + ATO Course
Buy the 6-month Atlas Line™ and the Lifetime ATO Course together!
Normal cost is $1194 – you are SAVING $400!
Get the Atlas Line™ HERE
The 6-month or Lifetime Atlas Line™ license!
Enter coupon code 10OFFDTTW during checkout
Get the Atlas Line™ HERE
Also, the Atlas Line has produced big winners the last few days on a bunch of markets. We’ve been posting charts every morning on Chart.ly / StockTwits. You can check the DayTradeToWin Twitter Page for a full list, or view below.