A quick walkthrough of how to use Linda Raschke techniques live in the markets. In this session I am doing an analysis of crude oil heading into next week, doing some momentum trading tricks with the 2 period ROC.
This was a really clean example of a really basic price action based set-up. On the short-lived Holy Grail trade(See my most recent live stream for a walkthrough of the holy grail trade set-up) that resulted in a false breakout, price begins to reverse and want to cross back through the established range on the 5 minute chart, as we begin tending back towards the...
Just doing a quick walkthrough of a live grail trade set-up
Going to talk through what I saw here to get me into this trade and a few things that I didn't like about this one in particular but why I took it anyway
I am just going to walkthrough a live trade example of a trade that I am currently in, in the soybean futures. I learned this trade from Linda Raschke and it is super simple to spot when it comes up
In this video I provide another textbook chart example of what I call my ABC set-up on a 120 minute Australian dollar futures chart. I also give an explanation why trading the lagging correlated market as a trade set-up is a bad idea.
In this video I walkthrough what got me into this set-up in the Aussie dollar. This signal is one of my key trade signals for entry
Spotted this before heading to bed. Looks like we got the first ABC wave, however it looks like this thing could set up one more time to the short side. Sorry for the vague explanation. Hopefully the chart clarifies the idea. Good night!
These trade ideas I learned from watching Linda Raschkes work, and playing with the concepts my self. I want to get better at spotting these set-ups in the wild as opposed to cherry picking them after the fact. If you are looking to learn more about the concepts I discuss in this video, I recommend you find Linda's youtube channel, and study her library of...
Just a quick trade map of where I think the opportunities might be on the current 4-hour configuration. Looking to get short in the 4075 area with a main target front running the balance area
This is just a rough sketch of what I thought might be a possible way that crude may unwind in the coming weeks. At the moment, we seem poised to make new all time highs, however the sellers have made strong pushes before any real ground is made in uncharted territory. We may be more successful this time around and push possibly all the way up at 145-50, however...
Not a trade I am taking as I am getting ready for bed, but this was setting up nicely as an example to show the concept of timeframe continuity, and how we use it with reversals to create winning positions. The idea here is to re-enter after a strong first initial rally then retracement as soon as we see signs of full time frame continuity heading back in the...
A trade I took per Rob Smith's #TheStrat. Been using this strategy for about 2 months, and in that time been adapting my style of trading the strat to the crypto markets. When I entered this trade, I already had several 2-2-2 continuations in force on the 45 ,15, and 30. I entered on the hourly continuation which was triggered by the 2-1-2 continuation on the...
A trade you could have taken per Rob Smith's #theStrat. Most of this movement occured over only a few hours and played out hitting perfectly at the bottom of the broadening formation. You could have set your take profit once it made a lower low on the broadening formation, or if you are conservative taken profit on the 2 up before the reversal as shown.
Just a journal entry for a position I took using the strat. Trigger was at 50,680 on the 2-2 reversal to the upside. We had exhaustion on the downside and the hammer gave use our actionable signal on the daily timeframe. Full timeframe continuity to the upside. The series of previous lower lows gives u a pivot machine gun where we will stop out the bears at the...
A trade I took yesterday but was set up much different. I guess I didn't set my SL/TP so I set it right now. Needless to say, this is a trade that is not wanting to go in my direction. Full time frame continuity to the opposite side of my position
I will be publishing trades that I am currently in, or that I will be taking . I trade using "the Strat" trading strategy that was invented by Rob Smith, so if you want to see how we trade feel free to follow. The reason I am doing this is to document my trades, see which ones worked out, and come back to them later to figure out how to improve I entered this...
A textbook 3-1-2 reversal Strat