Coaching Session FIVE

Transcription

1 Coaching Session FIVE

2 Coaching Session FIVE Counter-Trend Trade Set-Ups Program Summary Trading Plan Execution The Master Trader Powerful Price Pattern Trades Trade Management Initial Trend Entry Trading Tips & Market Insights Successive Trend Entries Income Generating Strategies Key Times Of Day Market Flow Analysis Method Floor Trader Pivots Fibonacci Retracements Powerful Price Patterns Keltner Bands & Key Moving Averages Volume Analysis NYSE Tick Trading Success Principles Trading Styles Trading Thoughts & Beliefs Types Of Orders & Placing Orders Trading Psychology Trader Business Plan Traits & Survival Skills Money Management & Trade Sizing Steps Of A Successful Trader Market Foundation & Building Blocks What Are The E-Mini Futures Trading Essentials Framework

3 Pre-Market Analysis / Checklist Before the market opens every day, I suggest going through certain steps for analyzing the markets to help give you the bigger picture of what s going on in the market and to prepare yourself for the day s trading activity. What, if any, Economic News Announcements are coming out Today? Briefing.com: FOREX Factory: Bloomberg: 1) What is the Prior Day s Chart telling you? 2) Is the TREND (the continuous Market Flow) UP or DOWN? 3) Where are the Fibonacci Retracements and Key Moving Averages? 4) Take note of the Prior Day SIGNIFICANT Price Levels and Floor Trader Pivots. 5) Where are Bigger SUPPORT and RESISTANCE Levels? 6) Is the Prior Day an extremely BULLISH Vertical Bar/Candlestick?

4 1) What is the Prior Day s Chart telling you? Review the Overnight Session s HIGH and LOW as these price levels may act as SUPPORT and/or RESISTANCE if the market tests these price levels within the First Hour of trading, Identify where the market has been trading before the OPEN (09:30am ET) so you know what to expect: a GAP UP/DOWN OPEN or a neutral OPEN, and Examine the entire Prior Day (09:30am ET to 4:15pm ET) which will provide you with a good sense of where the market is likely to go within the First Hour of trading on a neutral OPEN.

5 2) Is the TREND (the continuous Market Flow) UP or DOWN? Determine the TREND of the continuous MFAM. The First Hour (9:30 to 10:30 ET) of trading typically follows or is a continuation of Prior Day MFAM. Generally speaking, after the First Hour, the market becomes independent of the Prior Day s Price Action. DOWNTREND (2 of 3 criteria MUST be met): DOWNSIDE penetration of the 62% Fib Retracement of the entire Day s Trend. DOWNSIDE penetration of the Mid Keltner through Both MAs (79/89 MAs) or 3 consecutive Price Bars / Candlesticks trading below the Lower MA. DOWNSIDE penetration of the MRAL.

6 2) Is the TREND (the continuous Market Flow) UP or DOWN? Determine the TREND of the continuous MFAM. The First Hour (9:30 to 10:30 ET) of trading typically follows or is a continuation of Prior Day MFAM. Generally speaking, after the First Hour, the market becomes independent of the Prior Day s Price Action. UPTREND (2 of 3 criteria MUST be met): UPSIDE penetration of the 62% Fib Retracement of the entire Day s Trend. UPSIDE penetration of the Mid Keltner through Both MAs (79/89 MAs) or 3 consecutive Price Bars / Candlesticks trading above the Upper MA. UPSIDE penetration of the MRAH.

7 3) Where are the Fibonacci Retracements and Key Moving Averages? Identify where the market is trading relative to the Fibonacci Retracements of the Prior Day. Has the market penetrated through a Major Fibonacci Retracement Level? Identify the Location of the Key Moving Averages (79/89 MAs). These Key Moving Averages are visual confirmation of the Larger Fibonacci Retracement Levels. Identify Fib Retracement Levels of the Prior Day: If the market is likely to REVERSE the TREND, pullbacks/retracements will penetrate the 62% (Major) Fibonacci Retracement Level. Identify the Location of the Key Moving Averages: Is the market trading above or below the Key Moving Averages?

8 3) Where are the Fibonacci Retracements and Key Moving Averages? Identify where the market is trading relative to the Fibonacci Retracements of the Prior Day. Has the market penetrated through a Major Fibonacci Retracement Level? Identify the Location of the Key Moving Averages (79/89 MAs). These Key Moving Averages are visual confirmation of the Larger Fibonacci Retracement Levels. Identify Fib Retracement Levels of the Prior Day: If the market is likely to CONTINUE the TREND, pullbacks/retracements generally will hold at the 38% and 50% (Minor) Fibonacci Retracement Levels. (38% Fibs of Prior Day HH to LL) Identify the Location of the Key Moving Averages: Is the market trading above or below the Key Moving Averages?

9 4) Take note of the Prior Day SIGNIFICANT Price Levels and Floor Trader Pivots. IDENTIFY the Prior Day HIGH and LOW, the Prior Day MRAL in an UP Trend, the Prior Day MRAH in a DOWN Trend, and the Floor Trader Pivots (Monthly, Weekly, and Daily). Where is the market trading relative to the Prior Day s Significant Price Levels and Current Day s Floor Trader Pivots? Draw horizontal lines at these Price Levels for reference. Identifying these Price Levels will help to identify Support & Resistance for: Confirmation of the existing Trend. Potential Change in Trend (when Price Action penetrates above/below these Price Levels). Counter-Trend moves.

10 4) Take note of the Prior Day SIGNIFICANT Price Levels and Floor Trader Pivots. IDENTIFY the Prior Day HIGH and LOW, the Prior Day MRAL in an UP Trend, the Prior Day MRAH in a DOWN Trend, and the Floor Trader Pivots (Monthly, Weekly, and Daily). Where is the market trading relative to the Prior Day s Significant Price Levels and Current Day s Floor Trader Pivots? Draw horizontal lines at these Price Levels for reference. Identifying these Price Levels will help to identify Support & Resistance for: Confirmation of the existing Trend. Potential Change in Trend (when Price Action penetrates above/below these Price Levels). Counter-Trend moves.

11 5) Where are Bigger SUPPORT and RESISTANCE Levels? EXAMINE the 30 Minute, 60 Minute, and DAILY Charts for the Following: The Longer-Term TREND (30 Min, 60 Min, and Daily Chart). A significant Trade Set-up (examine these Time Frames as if they were a 3 Minute Chart). Anyone of the 3 BULLISH Powerful Price Patterns in an established UP TREND at a Logical Level of SUPPORT or testing a major LOW Bullish OVB Bullish Quasi Engulfing Pattern IVB (at Support) Neutral Harami (at Support) Double Bar LOW w/ Higher HIGH and Higher CLOSE Double Candlestick LOW w/ Higher HIGH and Higher CLOSE

12 5) Where are Bigger SUPPORT and RESISTANCE Levels? EXAMINE the 30 Minute, 60 Minute, and DAILY Charts for the Following: The Longer-Term TREND (30 Min, 60 Min, and Daily Chart). A significant Trade Set-up (examine these Time Frames as if they were a 3 Minute Chart). Anyone of the 3 BEARISH Powerful Price Patterns in an established DOWN TREND at a Logical Level of RESISTANCE or testing a major HIGH Bearish OVB Bearish Quasi Engulfing Pattern IVB (at Resistance) Neutral Harami (at Resistance) Double Bar HIGH w/ Lower LOW and Lower CLOSE Double Candlestick HIGH w/ Lower LOW and Lower CLOSE

13 6) Is the Prior Day a BULLISH Vertical Bar/Candlestick? A potential LONG Trade may be setting up if the following criteria are met: 1. Prior Day BULLISH Vertical Bar or BULLISH Candlestick with the CLOSE in the TOP ¼ of the Price Bar / Candlestick s Range. 2. Today's OPEN is Lower and AT or ABOVE the Midrange (50% Fibs) of the Prior Day. 3. The market is trading AT or MOVES LOWER into SUPPORT (the 79/89 MAs and/or between the 38% and 62% Fibs of the Prior Day). PRIOR DAY CLOSE MIDRANGE TODAY S OPEN BUY 50% FIBS 89/79 MAs PRIOR DAY CLOSE MIDRANGE TODAY S OPEN BUY 50% FIBS 89/79 MAs

14 6) Is the Prior Day a BEARISH Vertical Bar/Candlestick? A potential SHORT Trade may be setting up if the following criteria are met: 1. Prior Day BEARISH Vertical Bar or BEARISH Candlestick with the CLOSE in the BOTTOM ¼ of the Price Bar / Candlestick s Range. 2. Today's OPEN is Higher and AT or BELOW the Midrange (50% Fibs) of the Prior Day. 3. The market is trading AT or MOVES HIGHER into RESISTANCE (the 79/89 MAs and/or between the 38% and 62% Fibs of the Prior Day). MIDRANGE 50% FIBS TODAY S OPEN 89/79 MAs SELL PRIOR DAY CLOSE MIDRANGE 50% FIBS TODAY S OPEN 89/79 MAs SELL PRIOR DAY CLOSE

15 Opening Bell 09:30am ET - Market Open Based on your Pre-Market Analysis, you know and/or have determined 1. Overnight SUPPORT and RESISTANCE. 2. What the TREND is by identifying the continuous MFAM. 3. Where the Major Fibonacci Retracement Levels and Key Moving Averages are. 4. Where the Prior Day SIGNIFICANT Price Levels are so as to confirm a Trend. 5. Where the Bigger SUPPORT and RESISTANCE Levels are and if there are any Trade Set-ups or any one of the 3 Powerful Price Patterns occurring on the Longer-Term Time Frames. 6. If there is a Trade Set-up based on the Prior Day s Price Pattern coming into a new trading day. First 1/2 Hour (09:30am ET to 10:00am ET) What to Do? How to Think? Generally, SIT, WATCH, and WAIT for the First ½ Hour (90% of the Time) to unfold, unless something really extraordinary sets up, such as: 1. A Trade Set-up occurs on the 30 Minute, 60 Minute, or Daily Chart. An Initial Trend Entry, Successive Trend Entry, or any one of the 3 Powerful Price Patterns is found at Longer-Term SUPPORT or RESISTANCE. 2. Prior Day Price Pattern indicates a potential Trade Set-up coming into a new trading day. An extremely Bullish or Bearish Vertical Bar / Candlestick occurring on the Prior Day. NOTE: These would be MORE AGGRESSIVE Trading Strategies if they occur within the First 1/2 Hour.

16 First ½ Hour BREAKOUT Strategy (BUY Entry) During the first 30 Minutes of trading, SIT, WATCH, and WAIT until the market moves and penetrates UP through the HIGH of the First ½ Hour. You will assume that a penetration UP through the HIGH of the First ½ Hour will be the beginning of an UPTREND. BUY (Enter LONG) the market one or two ticks (on.25 or.75) ABOVE the HIGH of the First 30 Minutes. Initial Stop Loss (ISL): Slightly BELOW the LOW of the Price Bar/Candlestick that penetrated UP through the HIGH of the First ½ Hour or placed slightly BELOW the most recent Pivot Low (PL), whichever is LOWER. Profit Objectives (POs): P.O.#1 is 1.00 ES Point ABOVE BUY Entry; P.O.#2 is slightly BELOW the 1.50 Fib Ext of the Total Range of the First ½ Hour; P.O.#3 is slightly BELOW the 2.00 Fib Ext of the Total Range of the First ½ Hour. Aggressive (Tighter Trailing Stop): As each consecutive Price Bar/Candlestick makes a New High, continue to move a TRAILING STOP UP slightly BELOW the LOW of each consecutive Price Bar/Candlestick. Conservative (Wider Trailing Stop): Continue to move a TRAILING STOP UP slightly BELOW the Lower Keltner Channel Band as the market moves higher in your favor. If any one of the 3 Powerful Price Patterns develops while you are in a trade, IMMEDIATELY bring your STOP UP to slightly BELOW the LOW of the Powerful Price Pattern.

17 First ½ Hour BREAKDOWN Strategy (SELL Entry) During the first 30 Minutes of trading, SIT, WATCH, and WAIT until the market moves and penetrates DOWN through the LOW of the First ½ Hour. You will assume that a penetration DOWN through the LOW of the First ½ Hour will be the beginning of a DOWNTREND. SELL (Enter SHORT) the market one or two ticks (on.25 or.75) BELOW the LOW of the First 30 Minutes. Initial Stop Loss (ISL): Slightly ABOVE the HIGH of the Price Bar/Candlestick that penetrated DOWN through the LOW of the First ½ Hour or placed slightly ABOVE the most recent Pivot Low (PH), whichever is HIGHER. Profit Objectives (POs): P.O.#1 is 1.00 ES Point BELOW SELL Entry; P.O.#2 is slightly ABOVE the 1.50 Fib Ext of the Total Range of the First ½ Hour; P.O.#3 is slightly ABOVE the 2.00 Fib Ext of the Total Range of the First ½ Hour. Aggressive (Tighter Trailing Stop): As each consecutive Price Bar/Candlestick makes a New Low, continue to move a TRAILING STOP DOWN slightly ABOVE the HIGH of each consecutive Price Bar/Candlestick. Conservative (Wider Trailing Stop): Continue to move a TRAILING STOP DOWN slightly ABOVE the Upper Keltner Channel Band as the market moves lower in your favor. If any one of the 3 Powerful Price Patterns develops while you are in a trade, IMMEDIATELY bring your STOP DOWN to slightly ABOVE the HIGH of the Powerful Price Pattern.

18 After First 1/2 Hour (Post 10:00am ET) What to Look for? How to Think? 1. First 1/2 Hour Breakout Strategy: Penetration of the First ½ Hour (30 Minutes) HIGH or LOW. 2. WAIT for the First ½ Hour potential TREND of the Day to begin. Penetration of the First ½ Hour (30 Minutes) HIGH or LOW. 1) UPSIDE penetration of the HIGH of the First ½ Hour (UP Trend) or DOWNSIDE penetration of the LOW of the First ½ Hour (DOWN Trend). 2) Penetration through the Prior Day s HIGH, LOW, MRAL, or MRAH. 3) Direction of the First ½ Hour Breakout in conjunction with the continuous MFAM: If the Breakout is in the direction of the continuous MFAM, then look to enter into a trade in that direction on a retracement and presume the TREND is in that direction. If the Breakout is contrary to the direction of the continuous MFAM, then look for a Larger Price Move in the direction of the Breakout to occur before Buying and/or Selling in that direction (based on the 2 of 3 criteria required for a Trend change). 3. Any potential Trade Setups occurring off of the 30 Minute, 60 Minute, or Daily Charts: An Initial Trend Entry, Successive Trend Entry, or any one of the 3 Powerful Price Patterns found at Longer-Term SUPPORT or RESISTANCE occurring on any one of these Longer-Term Time Frame Charts. 4. Any Trend or Counter-Trend (CT) Trade Set-ups forming based on the Current Day s Price Action: An Initial Trend Entry, Successive Trend Entry, or a Powerful Price Pattern Trade sets up.

19 End of First Hour (Around 10:30am ET ± 15 minutes) What to Look For? How to Think? 1. Is there any type of distinguishable TREND of the Day or some type of bias in direction up to this time of day? YES, then wait for a retracement to enter in that direction. Refer to the Initial Trend Entry, Successive Trend Entries, and Powerful Price Pattern Trades modules. NO, then wait for a discernable TREND or bias in direction before trading. Refer to the Initial Trend Entry module. 2. If the market is testing the HIGH or LOW of the Day near 10:30am ET, then there may be a Counter-Trend (CT) Set-up (occurs about 90% of the time). General Rule of Thumb: If there is a relatively large move in the First Hour of trading without any significant retracement around 10:30am ET, then you would expect a potential Trending Day in that given direction. If there is a significant retracement (62% to 79% Fibs or possibly even 100%) around 10:30am ET, then you would expect that the market should NOT Trend strongly in either direction.

20 Continuously Ask Yourself the Following Questions: 1. What is the Intra-day Trend? UP, DOWN, or SIDEWAYS. 2. What retracement is occurring right now in the Intra-Day Trend? Initial Trend Entry or Successive Trend Entry. 3. What do I need to see in order for a Trade Set-up to occur? A New High needs to be put in place before BUYING automatically on a retracement or a New Low needs to be put in place before SELLING automatically on a retracement. 4. Where are the potential Entries into the Intra-Day Trend, if any? Mid to Lower/Mid to Upper Keltner Channel Bands, Fibonacci Retracements, Moving Averages, Floor Trader Pivots, and/or Powerful Price Patterns. 5. What do I need to see for the Intra-day Trend to Reverse? Mid Keltner penetration UP/DOWN through both Moving Averages in conjunction with the MFAM and/or 62% Fibonacci Retracement of the entire Day. 5. Not Sure What to Do? Wait for the market to tell you what it most likely will do by looking for the market to penetrate UP through the HIGH of the Day or penetrate DOWN through the LOW of the Day.

21 Trade Management Trade Management Trade Management is one of the MOST IMPORTANT parts of Trading, if not the MOST IMPORTANT! Without this crucial element, it would be tough to make money. Trading will be much easier (less emotional) for you if you make it mechanical (with specific criteria for entering and exiting the Market). Three Parts to Trade Management 1) Initial Stop Loss Catastrophic Stop 2) Pivot High (PH) and Pivot Low (PL) Move ISL to reduce Risk 3) Profit Objectives / Trailing Stop Take Profits as the Market makes money available to you FEAR and GREED come into play when trading/investing in the markets. We re going to teach you the best and most reliable ways to determine where to place STOPS and where and when to take PROFITS when entering LONG on a retracement down off a HIGH and when entering SHORT on a retracement up off a LOW.

22 Trade Management Initial Stop Loss (UPTREND) Trade Management The Initial Stop Loss (ISL) MUST ALWAYS BE PLACED outside of the normal ebb and flow of the market; at a minimum, it should be placed BELOW the Lower Keltner Channel Band. Generally, the ISL needs to be placed slightly BELOW whichever SUPPORT level is LOWER: either the Lower Moving Average OR the Fibonacci Retracement level (38%, 50%, or 62%) from the Lowest Low (LL) to the most recent New High (NH) the market retraced DOWN from that is at or just below the Lower Moving Average. Initial Stop Loss (UPTREND) While you are in a trade, you will want to continue to reduce risk and minimize loss on a trade and possibly convert a profitable trade into a risk-free trade. As the market moves higher in your favor If a PIVOT LOW (PL) develops, immediately bring your STOP UP to slightly BELOW the PIVOT LOW. If any of the Powerful Price Patterns form, immediately bring your STOP UP to slightly BELOW the LOW of the Powerful Price Pattern. Always place your STOP just slightly BELOW the Lower Keltner Channel Band to remain outside of the normal ebb and flow of the market. LOW HIGH LONG 1 PL PIVOT LOW (PL) defined (must have both): 1) TIME: 2 Bars with Higher Highs and Higher Lows to the Right of the Low Bar 2) PRICE: Market MUST come UP to between Mid to Upper Keltner Channel Band 2

23 Trade Management Initial Stop Loss (UPTREND) Trade Management Utilizing Floor Trader Pivots in conjunction with the Lower Keltner Channel Band, Fibonacci Retracement levels or Fibonacci Retracement confluence, and the Key Moving Averages offers an additional weight of evidence to confirm a Logical Level of SUPPORT. When you see a Floor Trader Pivot level in confluence with these other Logical Levels of SUPPORT, consider placing your ISL slightly BELOW whichever SUPPORT level is LOWER. Floor Trader Pivot SUPPORT numbers work so well simply because a lot of traders (on and off the floor) watch these levels and use them in their trading thereby making them a selffulfilling prophecy.

24 Trade Management Profit Objectives (UPTREND) Trade Management Three logical Profit Objectives (POs) whenever you are looking to BUY the market on a retracement: PROFIT OBJECTIVES LONG Trade: P.O. #1: HALF WAY or 50% from LONG ENTRY UP to the HIGH the market retraced DOWN from. P.O. #2: the RE-TEST of the HIGH or JUST BELOW the HIGH the market retraced DOWN from. P.O. #3: the Fibonacci Extension (or JUST BELOW the Fib Ext) from the HIGH to most recent ACTIVE LOW (AL) that is established once the market re-tests and/or penetrates up through the HIGH the market retraced DOWN from. HIGH P.O. #1 P.O. #3 P.O. # Fib Ext HIGH to AL Re-test of HIGH 50% Entry to HIGH BUY PL -> AL LOW PL becomes an AL once HIGH is tested

25 Trade Management Logical Trailing Stop (UPTREND) Trade Management Utilize a Trailing Stop (TS) for a portion of your entire trade position only to lock in profits. Implement a Trailing Stop after entering LONG on a retracement when the market is able to come back to test and/or penetrate up through the HIGH the market retraced DOWN from. Aggressive (Tighter TS): As each consecutive Price Bar makes a New High, continue to move a Trailing Stop UP slightly BELOW the LOW of each consecutive Price Bar that makes a Higher High. Conservative (Wider TS): Continue to move a Trailing Stop UP slightly BELOW the Lower Keltner Channel Band as the market moves higher in your favor. Logical Trailing Stop LONG Trade AGGRESSIVE (Tighter TS) P.O. #3 Move TS HIGHER With each Consecutive Higher High HIGH P.O. #2 TS P.O. #1 BUY PL -> AL PL becomes an AL once HIGH is tested

26 Trade Management Initial Stop Loss (DOWNTREND) Trade Management The Initial Stop Loss (ISL) MUST ALWAYS BE PLACED outside of the normal ebb and flow of the market; at a minimum, it should be placed ABOVE the Upper Keltner Channel Band. Generally, the ISL needs to be placed slightly ABOVE whichever RESISTANCE level is HIGHER: either the Upper Moving Average OR the Fibonacci Retracement level (38%, 50%, or 62%) from the Highest High (HH) to the most recent New Low (NL) the market retraced UP from that is at or just above the Upper Moving Average. Initial Stop Loss (DOWNTREND) While you are in a trade, you will want to continue to reduce risk and minimize loss on a trade and possibly convert a profitable trade into a risk-free trade. PIVOT HIGH (PH) defined (must have both): 1) TIME: 2 Bars with Lower Highs and Lower Lows to the Right of the High Bar 2) PRICE: Market MUST come DOWN to between Mid to Lower Keltner Channel Band As the market moves lower in your favor If a PIVOT HIGH (PH) develops, immediately bring your STOP DOWN to slightly ABOVE the PIVOT HIGH. HIGH If any of the Powerful Price Patterns form, immediately bring your STOP DOWN to slightly ABOVE the HIGH of the Powerful Price Pattern. SHORT PH 1 2 Always place your STOP just slightly ABOVE the Upper Keltner Channel Band to remain outside of the normal ebb and flow of the market. LOW

27 Trade Management Initial Stop Loss (DOWNTREND) Trade Management Utilizing Floor Trader Pivots in conjunction with the Upper Keltner Channel Band, Fibonacci Retracement levels or Fibonacci Retracement confluence, and the Key Moving Averages offers an additional weight of evidence to confirm a Logical Level of RESISTANCE. When you see a Floor Trader Pivot level in confluence with these other Logical Levels of RESISTANCE, consider placing your ISL slightly ABOVE whichever RESISTANCE level is HIGHER. Floor Trader Pivot RESISTANCE numbers work so well simply because a lot of traders (on and off the floor) watch these levels and use them in their trading thereby making them a self-fulfilling prophecy.

28 Trade Management Profit Objectives (DOWNTREND) Trade Management Three logical Profit Objectives (POs) whenever you are looking to SELL the market on a retracement: PROFIT OBJECTIVES SHORT Trade: P.O. #1: HALF WAY or 50% from SHORT ENTRY DOWN to the LOW the market retraced UP from. P.O. #2: the RE-TEST of the LOW or JUST ABOVE the LOW the market retraced UP from. P.O. #3: the Fibonacci Extension (or JUST ABOVE the Fib Ext) from the LOW to most recent ACTIVE HIGH (AH) that is established once the market re-tests and/or penetrates down through the LOW the market retraced UP from. HIGH PH becomes an AH once LOW is tested PH -> AH SELL LOW P.O. #1 P.O. #2 P.O. #3 50% Entry to LOW Re-test of LOW Fib Ext LOW to AH

29 Trade Management Logical Trailing Stop (DOWNTREND) Trade Management Utilize a Trailing Stop (TS) for a portion of your entire trade position only to lock in profits. Implement a Trailing Stop after entering SHORT on a retracement when the market is able to come back to test and/or penetrate down through the LOW the market retraced UP from. Aggressive (Tighter TS): As each consecutive Price Bar makes a New Low, continue to move a Trailing Stop DOWN slightly ABOVE the HIGH of each consecutive Price Bar that makes a Lower Low. Conservative (Wider TS): Continue to move a Trailing Stop DOWN slightly ABOVE the Upper Keltner Channel Band as the market moves lower in your favor. Logical Trailing Stop SHORT Trade: PH -> AH AGGRESSIVE (Tighter TS) SELL PH becomes an AH once LOW is tested LOW P.O. #1 P.O. #2 P.O. #3 TS Move TS LOWER with each Consecutive Lower Low

30 Coaching Session SIX Counter-Trend Trade Set-Ups Program Summary Trading Plan Execution The Master Trader Powerful Price Pattern Trades Trade Management Initial Trend Entry Trading Tips & Market Insights Successive Trend Entries Income Generating Strategies Key Times Of Day Market Flow Analysis Method Floor Trader Pivots Fibonacci Retracements Powerful Price Patterns Keltner Bands & Key Moving Averages Volume Analysis NYSE Tick Trading Success Principles Trading Styles Trading Thoughts & Beliefs Types Of Orders & Placing Orders Trading Psychology Trader Business Plan Traits & Survival Skills Money Management & Trade Sizing Steps Of A Successful Trader Market Foundation & Building Blocks What Are The E-Mini Futures Trading Essentials Framework