Understanding trade setups with strategies is a great way to visualize what the ideal trade setup looks like. When trading, it is so easy to be distracted by the lower timeframes. This is exactly why I designed strategies that cover all my entries. The entries are fairly simple:
- Price is at an ATR going into the higher timeframe
- Price is at a Congestion Dot going into the higher timeframe
- Price is at an ATR that is the opposite color of the higher timeframe ATR and a magenta peak appears on the higher timeframe
Understanding Trade Setups with Strategies
Simple but you need to stay focused and understand how the timeframes work together to compliment each other. With the strategies inserted on the charts, I show you how you can begin understanding trade setups with strategies — a simple yet powerful technique for teaching students when to take a trade on futures or how to trade the binary options to limit risk and not get stopped out.
You can join Gail’s Futures, Forex, and Binary Options trading room with the strategies by clicking here. Gail shows you when traders are not confirmed by the higher timeframe or, if counter trend trading, when the lower timeframe does not confirm the trade setup.
The THD Strategies automatically highlight the entries for you. The ATR strategy also identify the profit target and has two built-in stops. One stop is based on the ATR stop indicator and the second stop kicks in once a minimum profit target has been achieved. Then the stop follows price closer to get more profits.
The THD Strategies will be available soon on a subscription only basis (either quarterly or annually) for clients that have the indicators. Of course with our new subscription service, clients will always have the latest indicators, online training courses, and access to a weekly webinar on Mondays from 10am till noon.