Monday, January 24, 2011

Fast Track Day Trading Futures Method



-          How to use the Fast Track Method

o    It is a simplified version of our advanced method
o    Learn the FT Method first, you’ll make money while you learn, and your goal is to develop into the advanced method

-          Dynamic vs. static support/res

o    Dynamic = always calculating

§  Moving Averages
§  DVAH / DVAL
§  Trigger Lines
§  Momentum
§  MACD

o    Static = fixed price levels

§  HOD/LOD
§  Prev VAH and VAL
§  Trend Lines
§  OPEN of the day

-          Gap Trading

o    There’s a very specific reason why new traders should be very careful taking GAP trades

-          Range Charts

o    Each candlestick has ticks of RANGE
o    13range = 13 ticks of price range / candle
o    13min = 13 minutes of TIME per candle

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