Trading the ES, 6E, FDAX, and CL Using the Atlas Line
Featured Articles Slideshow UncategorizedPublished August 24, 2011 at 2:29 pm No CommentsJohn Paul from Day Trade to Win shares his NinjaTrader charts for over 50 minutes while answering questions from webinar attendees. John shows the Atlas Line plotting and signaling in the ES, 6E, FDAX, and CL. The ABC pattern / method is discussed about 15 minutes in, which is of great benefit even if you don’t yet have a copy of the Atlas Line. ABC determines the best times of the day to trade and where you can expect price to be (morning is A, around noon is B, afternoon is C). Believe it or not, the direction of price can be predicted with great accuracy depending on the prior section’s activity.
Remember these two concepts while watching the video:
Two consecutive candles closing above the Atlas Line = Long signal will be generated
Two consecutive candles closing below the Atlas Line = Short signal will be generated
You can follow the initial signal and place orders or simply use these signals as confirmation for placing Pullback or Strength trades as taught by JP. Remember that the Atlas Line is not aware of news events (it’s not an RSS news plugin for NT). We recommend traders use the Bloomberg financial calendar site and look for red star announcements, which often influence price across many markets.
August 29, 2011 starts a new session of group mentorship training. Head over to the Day Trade to Win coaching page where you can register to win admission to the eight week program for free. All of the DTTW software and courses are included. There’s no obligation and definitely worth trying.
