Trading Trend Pullbacks - 3-Step Technical Analysis Method
4.4 (177 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
649 students enrolled

Trading Trend Pullbacks - 3-Step Technical Analysis Method

Technical Analysis Framework for Swing Trading & Day Trading. Apply to Stock Trading, Forex, or Futures Trading
4.4 (177 ratings)
Course Ratings are calculated from individual students’ ratings and a variety of other signals, like age of rating and reliability, to ensure that they reflect course quality fairly and accurately.
649 students enrolled
Created by Richard Deutsch
Last updated 11/2019
Current price: $69.99 Original price: $99.99 Discount: 30% off
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This course includes
  • 1 hour on-demand video
  • 2 downloadable resources
  • Full lifetime access
  • Access on mobile and TV
  • Certificate of Completion
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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.
  • Some trading experience.
  • Computer trading platform with technical analysis indicators.
  • Familiarity with basic trading terms and concepts.

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.
Course content
Expand all 30 lectures 01:00:24
+ Introduction
3 lectures 05:05

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.

Preview 02:02

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.

Preview 02:18

Trading is risky.  This course is for educational purposes only.  It does not give recommendations.

Preview 00:45
+ The Pullback Trade Setup
6 lectures 15:20

This section covers the pullback trade setup.

Introduction to Trade Setup

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

Preview 03:02

The Keltner channel can help reveal pullback trading setups.

Preview 03:36

Explore the Keltner Channel and its settings.  Look at it in the markets and time frames you trade.

Activity - Your Keltner Settings

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.

Set the Pullback "Field of Play"

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

Average True Range - Volatility Measure
+ The Pullback Entry
4 lectures 08:46

This Section covers the pullback entry, using technical analysis and price-action.

Introduction to Trade Entry

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.

Zero-In On Price Action

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.

Enter with Short-Term Momentum

Before entering the trade, I make two final checks.  One of which I would say is optional, but the other mandatory

Final Checks
+ The Pullback Stop-Loss & Profit-Target
9 lectures 20:25

This Section of the Course addresses the Stop-Loss and the Profit-Target

Introduction to Stop-Loss & Profit-Target

Before we get into the details of Stop-Losses, we'll touch on several key thoughts about trading losses.

Key Loss Concepts

I have two guidelines for setting Stop-Losses.

Setting Your Stop-Loss

Review the concepts of setting a Stop-Loss with price chart examples.

Stop-Loss Examples

Complex pullbacks are challenging to trade, but can also generate some of the best results.

Be Prepared for Complex Pullbacks

How I set my Profit-Target for pullback trades.

Setting Your Profit-Target

My strategy for the typical losing or lackluster trade is to apply a time-based Stop.

Time-Based Stop-Loss

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

Trailing-Stop Trade-Off

There are four possible outcomes of a trade; generally speaking.  For each category, I’ll show how my Stop-Losses work.

Managing the Stop-Loss
+ Conclusion
8 lectures 10:48
Pulling it All Together
Additional Trade Examples
Trade Example - RTY 10-Minute Time Frame
Trade Example - EUR/USD 15-Minute Time Frame
Trade Example - LAZ Daily Time Frame
Trade Example - AUD/USD 10-Minute Time Frame
Trade Example - GHG Daily Time Frame

Here are a few final thoughts.

Final Thoughts