Name: Trading Trend Pullbacks - 3-Step Technical Analysis Method
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Created byRichard Deutsch

Last updated 11/2019

English

What you'll learn

Trade pullbacks with more structure and confidence.
Step-by-step process with diagram and price chart examples.
Quickly spot trade setups.
Trade entry triggers.
Stop-Loss and Profit-Target points.
Use with stock trading, Forex, or futures trading.
Use for day trading, or swing trading styles.

Course content

5 sections • 30 lectures • 1h 0m total length

Introduction to the Course2:02
This course provides a 3-step technical analysis framework for trading pullbacks. It applies to stock trading, Forex, or futures trading. You can use it for day trading or swing trading.
3 Milestones to Profitable Trading2:18
A variety of lessons and skills contribute to making the transition to profitability. But I can point to three specific milestones that proved to be turning points for me.
Risk Disclosure0:45
Trading is risky. This course is for educational purposes only. It does not give recommendations.

Introduction to Trade Setup0:31
This section covers the pullback trade setup.
Quickly Spot Strong Momentum Moves3:02
In this module you’ll use a channel indicator that incorporates both trend strength and momentum. These two conditions often precede the best pullback trades
How I Use the Keltner Channel3:36
The Keltner channel can help reveal pullback trading setups.
Activity - Your Keltner Settings0:38
Explore the Keltner Channel and its settings. Look at it in the markets and time frames you trade.
Set the Pullback "Field of Play"5:02
I don’t trade all pullbacks, but instead define what you might call a “field of play” on my price chart. I only take trades in or around this area. I don’t chase price action outside this zone.
Average True Range - Volatility Measure2:31
The Average True Range is key to the Keltner Channel. We’ll also use it later in the Course when we set our stop-losses

Introduction to Trade Entry0:26
This Section covers the pullback entry, using technical analysis and price-action.
Zero-In On Price Action3:53
It’s not enough that the pullback enters our target zone, it’s also important how it enters. We need to look at the character of the pullback.
Enter with Short-Term Momentum2:16
Some traders enter a trade while the pullback is still fully in progress. You can make a case for that, but I like to see at least a little thrust back in the direction of the primary trend.
Final Checks2:11
Before entering the trade, I make two final checks. One of which I would say is optional, but the other mandatory

Introduction to Stop-Loss & Profit-Target0:29
This Section of the Course addresses the Stop-Loss and the Profit-Target
Key Loss Concepts1:43
Before we get into the details of Stop-Losses, we'll touch on several key thoughts about trading losses.
Setting Your Stop-Loss2:07
I have two guidelines for setting Stop-Losses.
Stop-Loss Examples2:11
Review the concepts of setting a Stop-Loss with price chart examples.
Be Prepared for Complex Pullbacks2:40
Complex pullbacks are challenging to trade, but can also generate some of the best results.
Setting Your Profit-Target2:58
How I set my Profit-Target for pullback trades.
Time-Based Stop-Loss2:36
My strategy for the typical losing or lackluster trade is to apply a time-based Stop.
Trailing-Stop Trade-Off1:56
When moving or trailing Stops, there is an inherent trade-off. That trade-off is between protecting existing profits; versus leaving enough room for the price ebb-and-flow that can lead to even higher profits
Managing the Stop-Loss3:45
There are four possible outcomes of a trade; generally speaking. For each category, I’ll show how my Stop-Losses work.

Requirements

Some trading experience.
Computer trading platform with technical analysis indicators.
Familiarity with basic trading terms and concepts.

Description

Welcome to this course. Here you’ll learn a practical 3-step framework for trading trend pullbacks.

Trade Trend Pullbacks with More Structure & Confidence

By the end of this course you’ll be able to quickly recognize pullback setups, locate trade entries, and determine Stop-Loss and Profit-Target levels. You’ll have a complete technical analysis method for trading trend pullbacks.

I’ll walk you step-by-step through the process. Diagrams and chart pattern examples are used throughout the course to illustrate the key concepts. So, you should be able to follow along easily.

This course is designed for the existing trader who wants to dig deeper into pullback trading. It may be a relatively new trade to you, or you may have considerable experience. But you’re ready to drill down and understand it better.

You should have some trading experience. And you need a trading platform with access to technical analysis indicators.

The concepts in this course apply to stock trading, Forex, and futures trading. You can use them with day trading, or swing trading. The technical analysis and price action principles are universal.

Of course, I can’t guarantee you’ll profit. You need to study the material and see what works for you. You may not implement the information exactly, but I think you’ll get something from the course you can use in your trading.

Feel free to a look through the course description, and I look forward to seeing you inside.

Who this course is for:

Trades stocks, Forex, or futures.
Want's to learn more about trading trend pullbacks.

What you'll learn

Explore related topics

Course content

Introduction3 lectures • 5min

The Pullback Trade Setup6 lectures • 15min

The Pullback Entry4 lectures • 9min

The Pullback Stop-Loss & Profit-Target9 lectures • 20min

Conclusion8 lectures • 11min

Requirements

Description

Who this course is for: