Low Volume Trading with Trend Lines, Double-Tops, and Big Round Numbers; Fast Track Method BONUS

We had an amazing week in the live trade room…

– Our second biggest week of the year
– Lots of members moving to their live accounts from our Fast Track trading method
– Plenty of opportunities to LEARN about day trading and the many ways to make a living with our easy to learn patterns.

Lets finish up a great week with another great video.

Today’s video covers many important topics…

– Using our popular ‘Trigger Zone’ tool
– Low Volume trading with Trend Lines, Double-Tops, and Big Round Numbers
– Our Fast Track Trading Method
– And many more!

You don’t want to miss this opportunity to learn these vital aspects to our trading, so click below and enjoy today’s video.

– Wave Pattern

– How do we use our Trigger Zone tool?

o Uses the wave pattern, but you are looking to enter the wave pattern inside this ‘zone’
o Drawn with the F8 button (fib retracement tool) from the lows all the way to the recent swing high
o That draws our zone, and then we use that zone accordingly

– Low volume trading & how it reacts with trend lines, BRN, and DT/DB

o Low volume is the opportunity for larger day traders to manipulate the market
o Low volume days have less consistency with higher volume days because we never know when the levels will hold and when they will not.
o I don’t care about the TOTAL volume, its too broad indication for me.
o I want to know the SPEED and the VOLUME coming into the market NOW, not 30 minutes ago…RIGHT NOW!

 Pace of tape indicator

o During low volume times in the futures markets, we see the following levels act as magnets:

 Trend Line
 Double-tops/bottoms
 Big Round Numbers

– Fast Track Method

o Streamlined trading method used to accomplish 3 things:

 Show you how to survive a loss
 Develop confidence in your OWN entries
 Demonstrate what PATIENCE can do for you as a day trader!
 1-contract trading method
 No trade management

• 10tick stop
• 10 tick target
• All of our patterns will work
• Focus on 13-range and 21-range trade patterns on ALL of our markets

 Looking to capitalize on a 10-tick move, at the same time it will TEACH you more than you’ve ever learned about YOU as a trader.

– Timeframes and Range Charts

o 4-range = 1-min / 89-tick
o 13-range = 3-min chart
o 21-range = 5-8min
o Range charts do not have a time variable, so they may be a lot slower or much faster.

– Aggressive vs. Conservative Entries

o Aggressive Entries = missing your rules, some of rules don’t line up
o Conservative entry = when ALL your entry rules line up.

– Fast Speed, but momentum is overbought/sold and Flat, what do we do?

o Momentum is overbought and FLAT at the high of the indicator

 Use caution, overbought momentum should be a BIG concern for a LONG trade
 Read the tape and look for the entry with the BIG MONEY
 Look for additional confirmation from different timeframes

• Is the momentum indicator confirming on a different timeframe?

– Stops and targets for the 21-range trades?

o Trade management on the 21-range patterns are ALWAYS going to be different
o Our stops will use S/R from the market we trade
o Our targets use the same
o My scalp trades (4 range ) always use the same trade management
o But my slower timeframes cannot use the same management, we need to use the market we see in front of us.

– The highest percentage trades

o In my opinion: 2-step reversal on the 21-range chart (crude, gold, euro, Russell, anything!)
o 2 step off LOD or HOD (reversal trade when the pattern occurs)