Você está na página 1de 13

Two Practical Strategies That Can Give Your

Trading Plan the “Edge” Possessed Only By


Successful Traders

By Robert Miner

Copyright 2010, Dynamic Traders Group, Inc.


Two Practical Strategies to Give Your Trading Plan the “Edge”

Don’t Be Overwhelmed By the Variety of Tools

There are so many tools available to us to use as part of our trading plan, becoming confused or
overwhelmed when determining exactly how to make sound trading decisions and manage
trades is not uncommon.

There are dozens of indicators. Which ones should I use? Why? How do I use them? There are
so many types of price projections a chart can be over loaded with projections every few points.
Which projections are relevant? Which are not? Let’s not get started on patterns -- from overly
complicated Elliott wave counts that change bar by bar, to a plethora of reversal patterns that
may or may not actually result in a reversal.

One of the primary keys to successful trading is to identify just a few pieces of relevant
information for any market and any time frame that can quickly identify if a market is in a
position to consider a trade. Then, determine exactly the risk involved if the trade is made.
Sounds simple doesn’t it? It is relatively simple. Especially when you understand that a market
only has so much information to give from the open, high, low and close of each bar.

Let’s take a look at a couple of strategies that should be a part of your day to day trading plan
that you can put into practice immediately.

Does YOUR Trading Plan Have an “Edge”?

Regardless of the market or time frame you are trading, or want to trade, understanding the
principles and concepts that drive a trading plan is a primary key to success.

The objective for any successful trade strategy is to “identify conditions with a high probability
outcome and acceptable capital exposure.”

To achieve success in the business of trading, just as in any other business, you must have an
“edge.”

The “edge” I teach in the Dynamic Trading Multimedia E-Learning Workshop (more on this later)
is to recognize when a market is in a position to complete a correction, or a trend, so you can
enter a trade

• At the end of a correction in the direction of the larger time frame trend
• Or, in the very early stages of the new trend
• Sell in the very late stages (often within one or two bars of the extreme low or high).
• And do this with acceptable capital exposure in the event the trade is not successful.

Just as a farmer must know the optimal time to plant and harvest a crop, you must know the
optimal time to buy and sell a position. Buying or selling too early or too late can result in, at
worst, unacceptable losses or, at best, not maximizing the return from a position.

Copyright 2010, Dynamic Traders Group, Inc. – Page 2


Two Practical Strategies to Give Your Trading Plan the “Edge”

As a trader, you must clearly understand the relevant information about the market position to
recognize the optimal conditions to buy or sell.

By focusing on just the limited but relevant information needed to make a high probability trade
decision, your chances of achieving consistent success improve dramatically.

Why Understanding Momentum is Important

Most traders use at least one momentum indicator to help identify a trade setup. If you ask
several traders “what is momentum?” or “what does a momentum indicator represent?” -- you
will probably get many different answers – When, in fact, there is only one good answer for any
“price based” indicator such as momentum.

Most indicators represent the same thing -- the rate-of-change of the price trend. All price
indicators do the following:

1. Look back over a chosen period (the “lookback period”)


2. Crunch the various high-low-close combinations, and…
3. Compare the recent price position with the price position of the lookback period.

The first and most basic concept you need to understand is this: Momentum indicators do not
represent price trends. Momentum indicators represent momentum trends.

A momentum indicator reversal may only represent a slowing down or speeding up of the price
trend, and not necessarily a price reversal. While we trade price, identifying momentum trends
can be very helpful to identify the optimal time to trade, particularly if we use at least two time
frames of momentum cycles to identify the setup.

More on multiple-time-frame momentum setups soon.

Solving the Limitations of Momentum Indicators

Every indicator or oscillator in every trading platform and charting program is a lagging indicator
because the indicator can only show the current position relative to a historical position. That
doesn’t mean a momentum indicator cannot be predictive. It can when understood within the
limitations of the data.

Let’s take a quick look at how you can use a momentum indicator for practical trade strategies
for any market and any time frame.

Copyright 2010, Dynamic Traders Group, Inc. – Page 3


Two Practical Strategies to Give Your Trading Plan the “Edge”

This chart shows SPX (S&P 500 Cash) weekly data with a momentum indicator below the price
bars. While the chart only shows a limited amount of data for clarity, the bullish and bearish
momentum reversals were usually made within 1-3 bars of the price highs and lows.

In many cases, this would be good enough to result in a profitable trade.

BUT -- and this is an important, often costly “but” -- Occasionally, a market will either

1. Settle into a trading range or,


2. Make some very wide range bars.

In both of these cases, you would get killed if the trading decision was just made on momentum
cycles.

As of the last bar on this chart, the weekly momentum is oversold, but has not made a bullish
reversal. Based on the history of this momentum indicator, a momentum bullish reversal is
usually made within 1-3 bars of when the momentum becomes oversold.
Copyright 2010, Dynamic Traders Group, Inc. – Page 4
Two Practical Strategies to Give Your Trading Plan the “Edge”

This is itself a valuable piece of information but not enough, in itself, to consider a trade action
(either to adjust stops on a short position or enter a long position). We need one more simple
piece of momentum information to be a part of a specific and objective trade strategy.

Multiple Time Frame Momentum Reversal Setups

As a successful trader, you should never use just one time frame of momentum for trade
decisions. Always use at least two time frames of momentum.

Here is the basic strategy:

1. Trade in the direction of the larger time frame momentum


2. Execute following the smaller time frame momentum reversals. (There are specific
exceptions for when the larger time frame is either overbought or oversold).

The next chart is the daily S&P data (up to the same period shown on the previous weekly
chart). On May 21, a Friday, the daily momentum made a bullish reversal the same day the
weekly momentum reached the oversold zone.

Copyright 2010, Dynamic Traders Group, Inc. – Page 5


Two Practical Strategies to Give Your Trading Plan the “Edge”

This is a Dual-Time-Frame-Momentum Reversal setup. While this is not a specific trade


execution setup, it does illustrate the conditions that must be met before a trade is considered.

In the Dynamic Trading Multimedia E-Learning Workshop I teach two completely objective and
logical entry-stop strategies that are only executed once a market is in a position to consider a
trade.

A trade will not be executed every time a setup is made because both strategies require a
market to react as expected before the trade is executed. In some cases, the setup is voided by
subsequent market activity. In every case, a trade is never executed if the initial capital
exposure is greater than the maximum allowed by the trading plan.

Price Reversal Target Zones-Beyond Fib Retracements

Most traders are familiar with Fib retracements. While many corrective highs and lows are made
at Fib retracements, most traders have not been taught the practical application -- how to
identify in advance which retracement is likely to be:

• Support
• Resistance
• Or trend reversal

How do we identify in advance which retracement is likely to be the price where a reversal is
likely?

We can very quickly identify if there is a high probability, narrow range reversal zone at, or very
near, one of the key retracement levels.

S&P 500 E-Mini Example

The next chart (see next page) is recent ES (S&P 500 E-Mini) 60 minute data showing the key
retracements at 50%, 61.8% and 78.6%. I know, the 38.2% retracement is not shown. You will
learn in the workshop why it is usually not a probable reversal zone and the one situation when
it is.

Included is the 78.6% retracement. This is not a typical “Fib” retracement but it is uniquely
related to the Fib series of ratios and is very important in particular situations which you will also
learn about in the workshop.

Copyright 2010, Dynamic Traders Group, Inc. – Page 6


Two Practical Strategies to Give Your Trading Plan the “Edge”

We quickly add the two key alternate price projections (commonly referred to in some software
applications as “price extensions”) and the two key external retracements.

If one or more of these key price projections is very near one or more of the retracements, we
will have identified in advance where a reversal is probable. Plus, we can eliminate those
retracements where a reversal is very unlikely.

Only the Alternate Price Projections are shown on this chart as the External Retracements so
closely overlapped them that the numbers were impossible to read.

This actually happens quite often!

We know in advance the 61.8% retracement is not likely to be relevant because neither the
Alternate Price Projections nor External Retracements are near it.

We know in advance that the 1105-1110 zone (which includes the 50% retracement) is the most
probable, and the 1142-1146 is the secondary. If the ES trades above 1110 without reversing, it
is likely to continue to at least 1142 before a trend reversal is made.
Copyright 2010, Dynamic Traders Group, Inc. – Page 7
Two Practical Strategies to Give Your Trading Plan the “Edge”

The next ES 60m (S&P 500 E-Mini 60-minute) chart adds more data. A reversal lasting several
days was made right at the probable reversal zone as anticipated.

Notice what else happened at the top? Remember what was discussed in the momentum
section above?

Just two bars after reaching the price target zone, momentum made a bearish reversal on a
price-momentum bearish divergence.

Wham, bang! The setup is complete.

I teach my students to never buy or sell at a price, regardless of how many price projections
may fall at a specific retracement. I teach that once a market reaches a probable target zone,
then you use the other tools such as Dual (or Tri)-Time-Frame-Momentum Reversal strategies
to qualify the price zone and setup for objective execution and stop strategy.

Copyright 2010, Dynamic Traders Group, Inc. – Page 8


Two Practical Strategies to Give Your Trading Plan the “Edge”

What You Will Learn In The Dynamic Trading Multimedia E-Learning Workshop

In this report I have provided you with a quick overview of Multiple-Time-Frame-Momentum


setup strategies. Then I showed you how you can identify in advance which retracement is likely
to end up being a reversal and which ones are not.

This is not rocket science. I’ve taught these techniques since 1985 to all types of individuals
from major position traders to day traders. Many of my students and former students
successfully use the same approach for all types of markets and for all different time frames.

W. D. Gann: “Use All the Tools, All the Time”

I wrote a home study trading course over 20 years ago on the trading techniques of W.D. Gann,
Elliott Wave and Dynamic Price. One of the principles Gann taught over and over was to “Use
all the tools, all the time.”

In this brief report, you learned about just two tools and a unique way to apply them to identify
high probability trade setups with acceptable capital exposure.

A complete trading plan includes “all the tools” as well as simple pattern setups, objective entry-
stop strategies and trade management through the exit strategy including a multiple unit
strategy that has the potential to dramatically increase your bottom line.

Paying the Price to Become a Successful Speculator

Successful speculators will tell you there is price to pay to achieve success. You will pay that
price en route to your destination to becoming truly successful in the art of building wealth.

There are dues to be paid. The market will require you to pay some of those “dues” by way of
losses. There is no way around that. However, you can limit the share of your dues which you
give to the markets.

Your alternative is follow a course similar to what I’ve outlined below

1. Invest in your education by learning from a proven expert with a practical approach
2. Learn how to create a trading plan
3. Learn how to identify high probability trade setups with acceptable capital exposure
4. Follow your trading plan with proven trade strategies

The Dynamic Trading Multimedia E-Learning Workshop is not a quick study. It will take you
about 30-40 hours to complete the entire course. You can study it at your own speed and review
sections at any time. When you finish the course, you will be well grounded in a complete
trading plan from entry to exit for any market and any time frame whether futures, stocks, ETFs
or Forex.

Copyright 2010, Dynamic Traders Group, Inc. – Page 9


Two Practical Strategies to Give Your Trading Plan the “Edge”

The workshop is presented in relatively short sections that build upon each other with video,
recorded bar-by-bar examples, short quizzes and printed supporting material. I developed this
course with accelerated learning techniques to be the most effective and practical learning
experience possible. I have been teaching trade strategies for over 24 years and this workshop
is the highlight of the educational products I have developed.

Limited Release of the Dynamic Trading Multimedia E-Learning


Workshop
This report gives you a taste of the material I teach in the Workshop. I will follow up this report
with additional presentations of insight, and valuable teachings.

Then, I will make the Dynamic Trading Multimedia E-Learning Workshop available on June 22
for a limited time to Gann Global members only. Here’s what you will receive in this exclusive
package:

The Dynamic Trading Multimedia E-


Learning Workshop from Robert Miner

For several years, I have wanted to do a home study multi-


media workshop. I felt it was only through this type of format
and presentation that a comprehensive workshop could be
presented that would be an outstanding learning experience
for the user.

Every other trading workshop I’ve seen whether a video,


online or CD presentation, was either unprofessional or not
comprehensive, or both. I contracted with a multi-media,
educational consultant to produce a comprehensive, high
quality and true multi-media, e-learning workshop. What we
originally planned as a three month project, required eight
months to complete the project to the high standard we set.
The results are beyond my expectations in both content and
presentation.

We incorporated the latest accelerated learning technologies including what are called "multiple
levels of intelligence learning techniques". This is just a fancy term for different people learn in
different ways. When the material is presented in each of the key learning modalities, it will be
the best learning experience possible for all learners.

The complete course will take you about 30-40 hours. It should take you three to six weeks to
complete, depending on how much time you want to commit each week. There are six chapters
with five to eight modules in each chapter. We do not recommend you do more than two of the
six chapters per week for an optimal learning experience.

Now I will provide you with a disk-by-disk summary of the workshop…

Copyright 2010, Dynamic Traders Group, Inc. – Page 10


Two Practical Strategies to Give Your Trading Plan the “Edge”

Here’s an Overview of the Contents of Each


Disk in the Workshop

Disk One - Introduction to the Dynamic Trading Approach


• What you will learn in this workshop.
• Trading as a business.
• Trading verses forecasting.
• Navigating the workshop material.
• Getting started.

Disk Two – Pattern and Practical Elliott Wave Trade Strategies


• Practical Pattern and Elliott Wave Basics
• Trends and Counter Trends
• Simple Trend and Counter Trend Pattern Counts
• Pattern Reversal Signals
• E-Wave and Multiple Time Frames

Disk Three – Dynamic Price Analysis


• Retracements and Alternate Price Projections
• Support/Resistance Targets
• Pattern Termination Price Targets
• Multiple Time Frame Support/Resistance
• Multiple Time Frame End-of-Wave Targets

Disk Four – Practical Indicator Strategies


• Real World Indicator Characteristics
• Bullish and Bearish Reversals
• How Indicators Identify Reversals at S/R and EOW Price Targets
• Indicators and Trade Entry Strategies
• Multiple Time Frame Indicator Strategies

Disk Five – Practical Trade Strategies


• Swing Trade Strategies
• Initial Profit Objectives and Risk/Reward
• Stop Loss Adjustment
• Multiple Unit Trade Strategies

Disk Six – Trading The Plan


• Developing a trading plan
• Trading the plan
• Complete trade examples of all types of markets and all time frames.

Copyright 2010, Dynamic Traders Group, Inc. – Page 11


Two Practical Strategies to Give Your Trading Plan the “Edge”

When the the Dynamic Trading Multimedia


E-Learning Workshop Becomes Available
on June 22, the Following 3 Bonuses Will Be
Included (a $444 total value)
Bonus #1: The Complete Price Tutorial Series by Robert Miner ($297 value)
5-CDs with over 6 hours of bar-by-bar examples and demonstrations to
help you learn how to project trend reversal price targets within ticks in
advance for any market and any time frame with these proven methods
taught by Robert Miner.

You will learn how to:

• Identify in advance which retracement is likely to be support,


resistance or trend reversal.
• How to identify in advance trend targets -- Most people just teach
how to identify support and resistance for corrections. You will
learn how to identify trend targets.
• How to project in advance the very narrow range price targets for
specific patterns.
• How to project multiple time frame price targets for any market and
any time frame.
• And a whole lot more!

Bonus #2: A One Month Subscription to the DT Daily Futures Report and DT Daily Forex
Report ($98 value)
These reports are much more than just technical analysis and
advisory reports. They are also an ongoing trading education that
would cost many, many times the subscription price for trading
workshops and the trading schools. Each daily report includes:

• Coverage for the following Futures Markets: S&P (ES),


Nasdaq (NQ), DJIA (YM), R2000 (MR), Bonds (ZB), Notes
(TY)
• Coverage for the following Forex Markets: EUR/USD,
USD/JPY, AUD/USD, GBP/USD, USD/CHF, EUR/AUD,
EUR/GBP, EUR/JPY, EUR/CHF
• Swing Trading strategies (trade set-ups and trends for the
next 2-5 days): Trend direction, multiple time frame
momentum position, price and time targets for reversals,
probable E-wave pattern, swing trade strategies and best
set-ups.
• Video recordings two or three times each week with detailed
explanations of how we identify the setup conditions,
specific trade strategies and follow-ups. This feature is an
ongoing, practical, trading education.

Copyright 2010, Dynamic Traders Group, Inc. – Page 12


Two Practical Strategies to Give Your Trading Plan the “Edge”

Bonus #3: A One Month Subscription to the DT Daily Stock and ETF Report ($49 value)

This report is different from the Futures and Forex daily reports. The DT Daily
Stock & ETF report is not for short term traders who follow the intraday data
during the day. This report is for intermediate to long term traders and investors
who are interested in ETF and stock positions that last several weeks to months.
Your subscription includes:

• The big "Saturday Report" provides a wealth of information which helps


the subscriber to be prepared for the trends, targets and best set-ups for
the following week.
o Our proprietary Multiple Time Frame Momentum and ROC scan
for all of the major ETF indexes, industry sectors and non-US
index sectors
o The best potential set-ups for the following week are highlighted.
o Featured Index, Sector and Stock Chart
• The Monday-Thursday Updates include:
o Update the technical and set-up position of all the markets from
the Sat. report and alert the subscriber to specific set-up
conditions that have been met.
o Triggered trade alerts: Each evening we scan all ETF index and
sector markets and their major component stocks for our
proprietary Dual-Time-Frame-Momentum set-ups and list each
set-up in a table.
o Feature markets update: Each evening we update any of the
charts or comments for markets featured in the Saturday report.

A Final Note from Robert Miner

I've been in the business of trading, educating traders and publishing an advisory/ trade/ education
report for over 24 years. As you are probably aware, this industry is rife with hucksters selling
shoddy material for ridiculous amounts of money. I've seen hundreds of them come and go over the
past two decades. I've maintained a commitment to provide quality education at a reasonable price
for over 20 years. I've educated traders in over 30 countries and have many traders who have been
with me for 10 - 15 years and more who year after year continue to learn from our educational
products and reports.

Every minute of this workshop was designed from the perspective of the learner. While developing
the workshop, I constantly asked the question, what is the core material that needs to be learned
and how can it best be taught so each student will thoroughly understand it and learn how to apply it,
regardless of the market or time frame they want to trade.

I know you will have an extraordinary learning experience and take your trading results to another
level once you have taken the time to study all of this workshop material. I look forward to hearing
about your success just as I've heard from so many of our students over the years.

Note: We will announce the price of this package shortly. Thank you for your patience.

Regards,

Robert Miner
Dynamic Traders Group, Inc.
Steamboat Springs, Co.
Copyright 2010, Dynamic Traders Group, Inc. – Page 13

Você também pode gostar