While searching for E-mini videos related to last Thursdays (May 6, 2010 market downfall), I came across a new video from John Paul at DayTradeToWin.
The Atlas Line is not a system, but a method of trading that allows the user to stay on the correct side of a trade.
In the video, John demonstrates that market volatility is an excellent opportunity for traders. The Atlas Line takes the guessing out of the equation; simply go long if price is above the Atlas Line. Adversely, go short if price is below the Atlas Line. Using this method, unexpected market free falls like last Thursday’s crash can work in your advantage.