Posts Tagged trading setups
Following on from my article on the pinbars to trade, i thought it would be a useful to identify some pinbars which are not good to trade. Hopefully between that article and this one, you’ll get a better idea of what is defined as a good one to trade and what is a bad one and hence avoid.
Pinbar against a strong trend (unless its a Massive Move Pinbar - see http://www.makemesomemoney.co.uk/select-pinbars-trade/)
Sometimes you see a 1 day reversal in an underlying trend.. quite often this is
October 22, 2013
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Most traders have a few or just one trading setup which they execute over and over again. A trading setup is when there is a predefined condition on the traded instrument which signifies and entry and exit. The most successful traders are those that know their trading setup has a positive expectation overall and are disciplined enough to run the same trade over and over again when the conditions are right.
I have read a lot of trading books and I think the key to becoming a trader is firstly
May 24, 2008
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Hi all,
I've been looking for some Emini trade setups and I found that Tyrotrader has consolidated a lot of information. He has 7 trade setups... some of them I try and use for myself (but not knowingly) but I like how he has structured it and even put together the examples from Michael Taylor's emini site.
Follow the links as below:
Taylor Setup: Double Bottom/Top
Taylor Setup: Breakouts
Taylor Setup: Gap Close
Taylor Setup: Runaway Gap
Taylor Setup: FOMC Reaction
Taylor Setup
December 24, 2007
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