Power Charting – Key Trading Rules For Survival Video

Teacher

Power Charting – Key Trading Rules For Survival Video

Product Description

This course includes 2 ½ hours of very specific rules Robert uses for trend identification, how he trades them for entries, exits points utilizing accumulation and distribution, Roberts favorite scaling techniques and requirements, failing trade identification, key thoughts for trade management, and a trading checklist Robert uses prior to entries.

We cover the following topics and other tips

20 MA and 50 MA – between is No Trade zone

50-200 period Moving Average

60-minute chart – 20-period MA and trend, and RSI placement/neutral

60 minute chart – It’s important to have trend, or you will get snapback

Accumulation and distribution

Adrenaline Trades – NONE – Wait for proper setup only – less painful

Before entering into any trade, make sure you have a backup plan

Better to be out of a trade then in one and wish you weren’t

Bordom trading – Counter trend

The plan must be followed when trading business

Capital preservation is job ONE

Channel trading – Las Vegas trade fair – Who sees a trade in channel trading?

Confluence of Consolidation

Control freaks cannot control markets – stack probabilities

Price basis close to major support levels or resistance levels

Emotions and Trading

Executing a Trade and considering MTF charts.

If expectations in trade are not met, it’s time to leave

Failing trades

Failing trades — 20MA flattens then get out

Reduce your size

Trades of high and low probablity

The junior trader and the one who got away

Trades with low probability – Just because you can’t does not mean that you should

Support for Moving Average with MTF

Earnings announcements and news

No revenge trading

No Trading Times

Trade pressure – Damage and disrepair

Becoming a professional trader and increasing your confidence

Random distribution of winning trades and losing trades – Revenge trading

Avoid Revenge Trading – Alpha males & Alpha females

Risk assessment

Following the rule

Scale in levels – where can I scale up?

Do not scale up in the direction of a strong trend – Senior trend

Scaling – not comfortable – do not do it

Distance to resistance levels and scaling

Trailing and scaling stops

Scaling Entries – Risk assessments – Trend and support nearby

Scaling up is not possible from 20 MA. Backup plan – Initial entry is small

Scaling in the sideways is not a good idea!!

Only scale into trades with trends

Scaling the pyramid – Trend, Cost Basis Improvement – Support and Resistance

Scalping day trades turn into long term holdings

Number of contracts vs. size of entry

Speedline trend continuation trade – 5 and 15-minute charts

Trends dictate that speedlines must be incorporated into the design.

Phase of Transition Support and Resistance – S & R less Effective

Swiss Cheese

Trade TC 20

A failing trade isn’t your friend.

Trade only with the trend. Never trade against it.

Trading The cost of the money, contract size, and comfort level

For Junior and Senior, Trend should have AIR in bars.

Trend transition process

Trends and Names – All Stars in Alignmen

Technical Analysis Day Trading

Technical analysis: What you need to know

Download now Power Charting – Key Trading Rules For Survival Video

Technical analysis in finance is a method of forecasting price direction using past market data. It primarily focuses on volume and price.
Quantitative and behavioral analysis both use many of same tools from technical analysis.
This is an aspect of active portfolio management that stands in contradiction to many of the modern portfolio theories.
The efficient debates the efficacy and validity of technical and fundamental analysis.-Market hypothesis states that stock markets prices are essentially unpredictable.