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.
For those of you who missed the webinar, here’s a quick video outline the topics we went over and how the market responded to the Atlas Line. Don’t miss the next one, visit this page – free day trading atlas line webinar.