Below is a synopsis of our 3 Forex Trading Setups as well as the tools available to you so that you can see how well the ProAct charts depict:
- REALISTIC TARGETS or Exit Points
Don’t get lost in the “WOW, that is a lot”. Suffice it to say that these charts are very powerful and depict the above better then any charts on the planet. We have separate tutorials to teach you exactly how to use each trade setup whether you are a free demo trader or a live subscriber. Traders usually start with the RF 1010 and then progress from there. The reality is you need to learn to trade WITHOUT indicators - but that takes time and this will get you going quicker since our charts find momentum at the start of a move - your job will initially be to simply learn how to find the Wide Open Spaces - we'll show you live in the rooms.
While these setups are amazing, the reality is that as you become a Target Trader, you will gradually wean yourself away from these setups and use them primarily to continue to stay in great winning trades you have already entered because of your technical analysis. The longer you stay with us, the more you will be able to learn the technical analysis needed to identify the market structure, the real estate of the day and the identification of the Wide Open Spaces. Your trade will ultimately simply be a way to enter in that wide open space and then use the chart tools to help determine when to move your stop, scale out and scale in to the target.
Powerful Forex Analysis Tools
A lot of special tools and standard tools to do your studies as well as the unique trade setups are built into our amazing charts. No longer do you need to tweak Stochastics, RVI's and MACD's etc. as the market changes. Because we catch MOMENTUM entering the market and depict that visually, our setups NEVER need optimization - in fact they have never been optimized since 2004!
Fibonacci Retracement Tool, Fibonacci Extension tool, Channel Tool, Linear Regression Tool, Andrews Pitchfork, Fibonacci Zones, Support and Resistance Zones, Tom Demark Single Line Trendlines built in
- HSI Fibonacci Target Tool (a tool to find the Big Boys targets)
- T30 (automatically plots the grid based on the Pivot Point - fresh targets are calculated every day)
- Pat Projector (plots the 55 pip move from the Big Boys entry and also the "Pole" trade setup target - progammable to show your stop)
Example: Here is our proprietary HSI tool used to identify the ever bigger targets and you can see that the market and our HSI tool knows EXACTLY where they are. (Click below to see larger view-then hit your escape key to come back)
RF1010 Trade Setup
This setup is designed to capture a quick 25-30 pips multiple times per day -This live trade is the MOST popular setup we have with our newbie traders. This is the transition trade setup that will get you used to trading for more pips and no more scalping. Remember: You must be 90% correct for the rest of your life if you scalp - STOP IT!
You can watch a quick video on this setup to understand it HERE!
6 Aces Trade setup
The ULTIMATE Reversal and Ranging trade setup. Used when no clear trend is in force or a trend is over. The market ranges with no clear trend 70% of the time! It takes more confirmation to trade these moves but there are great trades in these conditions. Initially, only more advanced traders should trade them! FYI - we have never seen the candle pattern not work. Not saying that it hasn't, just that in this many years we have never seen it.
There is a video on this setup HERE!
This trade setup starts out as the simplest momentum trade setup we have called the RF1010. However, it can quickly mature into a great swing or position trade. The first part of the trade is to get you in for a quick 25 pips but if it continues to setup you can use it to keep you in a great trade for hundreds of pips. You start with a great entry and then have the confidence to take lots of pips as the rest of the trade sets up. You must learn how to identify the targets to be successful (we'll teach you). Imagine that you are writing when we do pip captures each day: 145, 115, 92, 67, 45, 34 -5 SI (Still In). You will see this everyday in the live room from traders who started just like you!!!
If you are an Elliott Wave fan - you will love the Royal Flush!
There is a video on this setup HERE!