Let’s face it. Sometimes markets are dead – they hardly move and are untradable. In these situations, we have to switch to an instrument with greater volatility. In most cases, you can find liquidity in the CL, TF or GC futures. Trading is certainly an investment. You want to be as accurate as possible with each trade; filtering the chop and entering when a clear direction will soon be provided. Believe it or not, there is a system that works across futures, currencies and commodities. It’s not like other indicators that need constant adjustments. It also works with NinjaTrader, eSignal and TradeStation. More on this later…
Every now and then, I attend one of the price action webinars at Day Trade to Win to see how well their methods perform live. About once a week, John Paul will open his room to the public, inviting questions and showing his live charts. He also posts the recordings afterwards (see the video above). In the video, he uses one indicator (the Atlas Line) across the CL, TF and GC. Entries are provided automatically, either long or short. More often than not, price seems to magically comply with the order. Atlas Line traders know when to enter, the direction and when to exit (both at profit and when the trade goes against them). Having a complete strategy is the responsible way to trade. The Atlas Line seems to be the real deal, as I’ve heard from its users, seen the results and agree with the idea that price should prove how we trade.
Indicators don’t work for two reasons: they inherently lag behind real-time market action and they are based on a fixed number, limiting adaptability. The Atlas Line can be called an indicator because it indicates when and how to enter markets. However, the Atlas Line doesn’t used any fixed numbers, nor does it require constant configuration to adjust to markets. That’s why the Atlas Line can easily be traded on the futures and currencies seamlessly. Also, the Atlas Line produce signals (such as Dbl Bar Long / Short, etc.) as they occur – there’s really no delay or rewriting of the rules. Additionally, the angled line tells you to go short of price is below the line and go long conversely.
Additionally, the ATR is used to manually calculate where your profits and stops should be. The exact rules are provided with the training session that’s included with purchase. The Atlas Line comes in two flavors: the six month version for around $599 and the lifetime license for $1800. Traders can make many points each day trading the ATlas Line as their sole system. Other traders prefer to use it to filter other methods such as those taught in the coaching program offered by Day Trade to Win. Speaking of the coaching program, we received word that group lessons (at a far reduced rate) will be starting again in about a week’s time. The Atlas Line is included. Combined with all of the other price action strategies, you can’t go wrong with Day Trade to Win.
Price action trading is using price in its relation to time to make the decision of how to trade. Traders have to options when entering the market: going long or going short. E-Mini S&P trading is as unpredictable as any other market and quite a few indicators exist. Unfortunately, these indicators are mostly hogwash – they lag behind price and use information that won’t be of benefit.
That’s why price action is so important. By looking at a chart, a price action trader can determine when to get in, how to get in, and when to get out. John Paul teaches traders how to win 2 to 4 points daily on the E-Mini S&P using the Atlas Line™, scalping, trading news events, and other systems that accurately determine price movement BEFORE it happens.
John Paul from DayTradeToWin.com / EMiniEducation.com explains his price action trading philosophy in 30 minutes using a variety of charts and PowerPoint slides:
Scalp trading is one of those price action techniques that can be applied to any market. The method involves maximizing profitability in short time frames for quick profit bursts. It’s a preferred method for many traders because it can be used throughout the day – at market open and close. TheTradeScalper.com just closed down a highly successful session of courses in which participants learned these methods in the E-Mini S&P. Using webinar-based live instruction, John Paul (a professional trader from daytradetowin.com) lead his pupils through his exclusive method (which differs from the one taught at DayTradeToWin.com.
See what the course is like:
TheTradeScalper.com course is not always available; a couple times throughout the year, the site is updated to accept students. This keeps the methods exclusive. Really, how effective can a method be that’s based on time and speed if everyone’s trading it? Consider this the next time you come across another trade scalping course that’s available all the time…