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its really not that difficult to figure out the atlas line method, it uses the opening range to calculate the gradient of the line. attached are my version of the atlas line on ES. I havent looked at the daytradetowin website for a long time , so i am not sure whether its still the same. But if he hadnt changed his method, it should be exactly the same.
Does it work ? You can draw a line randomly on a chart and the results will be similar. Ever thought about why John only wrote a course on his at the open method and not the atlas line? and why he only occasionally posts his atlas line videos?
If you are interested in my atlas line indicator, make a donation to this forum and i will post it in the vip section.
!. If you want to pay that much for an indicator you would be better off using that dough to feed the poor. The good you will have done will perhaps give you some good karma. I don't give a flying fig what said indicator does, it's worthless.
2. VWAP is simply another tool, not a ticket to wealth. Anyone can get it.
3. Market Profile has advanced from its initial phase and there are many purveyors who are relatively new to the concept. It involves some study. The result of understanding Market Profile helps the trader predict price action. The best of the best of those who use it can tell you what trades they look for and the likelihood of success.
4. I do know/knew a few who manage large sums of money. One, now deceased, was a VP at a very well known investment bank on Wall St. and wouldn't have known a charting indicator from Adam. They manage risk and employ people with doctorates in statistics, economics, finance, etc.. Most of the traders on the floor buy and sell when and what they are told.
In general developing a strategy, applying risk vs. reward numbers, and then trading and recording it's development will be much sounder. You can move on from there. Don't forget the costs of trading. You will need to make 1 or 2 ticks just to pay the freight. Utilize a strategy that pushes your R:R as high as possible.
I love this forum. Disclosure, I've never spent a penny on any for JP's system, however he is "quite a guy". He has announced a 3 session seminar for "how he is reading only the barcharts for /ES scalping, which got me interested. It was free so I have signed up since I am always willing to learn some new stuff. On the 1st seminar he was talking about - and I will not detail how hard was to get on the seminar because of lack of organization of his part - generic crap. Towards to the end I've asked him what about the topic, he has apologized and promised talk "more" about it on the next session. Well next session comes and goes and I've asked him the same question and referring to his promise from the previous one.... guess what has happened?
He has just ignored me... he was smart on the seminar because the questions were not sent to everybody only him... so I've skipped the 3rd as of waste of time. By the way he has talked a lot about a ".pdf" book which cost you only - can't remember the exact number - but around 500-600 USD.
The funniest and saddest of all while I was typing this reply, I have joined John Paul's session where he was just this morning promoting the "famous" Atlas line.
Along the presentation I've posted the link to this forum and also to another link on another forum where people had some not so "positive" reviews of the Atlas line "system".
Than suddenly a private message from a "guest" asking me why am I posting these. I've answered "cause I would like to inform people to make an educated decision before they get excited"
Here is what happened next: JP asked for a short brake than on the chat side of his presentation see below:
The chat history has been cleared.
guest (privately): ?!
John Paul (privately): is there something wrong with you
So clearly from whatever reason Mr John Paul himself was aware of these links and he did not want the rest of the listeners have such an easy ride to find them...
One thing I have to admit, he choose the naming quite cleverly so it makes it harder to find it even on google.
I am a paying customer at NT and I will recommend to NT removing him from the preferred vendor list. What else can be done to get crooks off the market like him? Any suggestions?
atata- I was actually in John's presentation when you posted the link to this forum, glad you brought my attention to this I attended that Atlas Method session because I already bought John's other system At Open at the beginning of this year and was looking for something to help me filter it. He didn't really convince me on the Atlas with the $1800 price but am glad to now be on this forum to see what everyone is saying.
The At Open did well the first month of January and since then has been giving back ok returns but I'm looking to maybe filter it with another method. Does anyone know of a good system to use as a filter?
I don't know of any marketer that would allow links to anonymous internet people saying bad stuff about their products to be posted at their own marketing event. Scam or not, I'm not sure why you think that is newsworthy.
It's typical to be slapped down even for mentioning a competitor in passing. Since you seem to like Ninja, I'll use ninja as an example. I used to give regular presentations at ninja. If I accidentally showed a screenshot I had taken with multicharts during the presentation, they'd pull it off-screen and erase the chat. Even if I mentioned a blog post which used another platform in one of the examples!
But I didn't go around on forums insinuating that "clearly ninja did not want the listeners to have such an easy ride to find other platforms...." cue ominous music... it's just the nature of business.