John Paul Recaps Short & Long Trades of Atlas Line
Here is an analysis of the signals from the Atlas Line which took place on Oct. 8, 2019. If you used the same settings on the Atlas Line, you’d see the same signals. Note the nice early Short trade and another occurred around 11:30 a.m. ET, that’s it. If two closing bars are above or below, you will receive either a Long or Short signal. Later in the day, John Paul covers around 3:40 in the video, there was a Long signal.
John Paul tries to take an objective approach. In order to determine the profit target and stop-loss, we use the ATR (Average True Range). To protect yourself, it’s important to have stops in place. In the training video, we teach you what to use. Multiple stop-loss strategies are used by the Atlas Line. Signals S and P are for trades of Strength and Pullback. These signals are covered by specific rules. If you don’t want to see them, you can enable or disable these signals. The Atlas-B trades are for “bounce” trades. These, too, are optional. Remember, of course, not every business will be a winner! We happily point that out in this video and elsewhere.