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.
John Paul from Day Trade to Win trades the E-Mini S&P September contract using the NinjaTrader charting platform. Using the price action methods from DayTradetoWin.com, he first trades the PowerPriceAction method. There aren’t any indicators used – simply because they don’t work. The whipsaw effect can be observed, with price bouncing all over the place. A common mistake is that traders expect to make a specific number of points every day. Instead, price action focuses on trading based on what the market can produce. John Paul goes for two points; equivalent to eight ticks or $100 per contract.
The second trade in the video shows an Atlas Line Pullback Trade. This type of setup is taught with purchase of Day Trade to Win’s Atlas Line software and also in the Private Mentorship Program. This trade was good for a single point in the E-Mini, as demonstrated in the video. In order to identify this setup, you must be using the Atlas Line software.
The Atlas Line also recognized great opportunities for bounce trades in addition to the Short and Long signals produced in the morning.
The last trade, the RoadMap, is excellent for reversals and is entirely objective, like the all the price action methods taught at Day Trade to Win. This setup is recognized in advance, so there’s always a great opportunity to enter the market knowing price will be destined for the assumed direction. This last trade was good for 1.75 points.