Zen Trading Tech

1. Intro
2. Practice:
3. Bull Version
4. The Bear Version
5. Practice

Intro

If at first you don’t succeed. Try again!

In our PA training we learn to look for two attempts.

We look for a 2nd reversal.

Now sometimes this 2nd reversal attempt gets a test, we call a 3-push pattern / wedge but really I see it as a test of the two before.

Practice:

– Find 20 Double Tops and see how the market tested it before accepting / rejecting it.

– Do the same for Double Bottoms.

– What qualifies as a good test / or not?

– Practice in simulator taking the trades that work and don’t work. How can you protect and get out from the bad ones?

Bull Version

– One of my favorite trades is waiting for the second attempt to fail – a weak reversal and trading as they leave.

– They were my only 3 trades yesterday and luckily they all worked. Obviously unreasonable to expect it always to be that way but happy nonetheless!

The Bear Version

– So when the market is going down and forming weak reversals up, High 2, we can fade these to MM down.

Practice

– Observe how traders who are in the losing side can scale in 2x the signal bar to get out sometimes

– Observe how you can go from flat to entering a trade when the reversal is weak

– Observe how you can stay longer in a trade for one more push when you don’t have a reason to exit.