January 24, 2011
- in Uncategorized by schooloftrade
Fast Track Day Trading Futures Method
– How to use the Fast Track Method
o It is a simplified version of our advanced method
o Learn the FT Method first, you’ll make money while you learn, and your goal is to develop into the advanced method
– Dynamic vs. static support/res
o Dynamic = always calculating
§ Moving Averages
§ DVAH / DVAL
§ Trigger Lines
§ Momentum
§ MACD
o Static = fixed price levels
§ HOD/LOD
§ Prev VAH and VAL
§ Trend Lines
§ OPEN of the day
– Gap Trading
o There’s a very specific reason why new traders should be very careful taking GAP trades
– Range Charts
o Each candlestick has ticks of RANGE
o 13range = 13 ticks of price range / candle
o 13min = 13 minutes of TIME per candle
