The Hero with a Thousand Faces

In High Probability Trading Strategies , author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file. High Probability Trading Strategies: Entry to Exit Tactics for the Forex, Futures, and Stock Markets 5 Contents 7 Foreword 11 Preface 13 Part I: High Probability Trading Strategies for Any Market and Any Time Frame 15 Chapter 1: High Probability Trade Strategies for Any Market and Any Time Frame 17 ANY MARKET, ANY TIME FRAME 18 CONDITIONS WITH A HIGH PROBABILITY OUTCOME 18 LEADING AND LAGGING INDICATORS 19 WHAT YOU WILL LEARN IN THIS BOOK AND VIDEO CD 20 LET’S GET STARTED 22 Chapter 2: Multiple Time Frame Momentum Strategy 23 WHAT IS MOMENTUM? 25 MULTIPLE TIME FRAME MOMENTUM STRATEGIES 26 THE BASIC DUAL TIME FRAME MOMENTUM STRATEGY 26 MOMENTUM REVERSALS 28 MOST PRICE INDICATORS REPRESENT RATE-OF-CHANGE 29 MOMENTUM AND PRICE TRENDS OFTEN DIVERGE 30 HOW DUAL TIME FRAME MOMENTUM STRATEGIES WORK 33 WHICH INDICATORS TO USE FOR MULTIPLE TIME FRAME MOMENTUM STRATEGIES 45 WHAT ARE THE BEST INDICATOR SETTINGS TO USE? 50 DUAL TIME FRAME MOMENTUM STRATEGY RULES 57 DUAL TIME FRAME MOMENTUM STRATEGY TRADE FILTER 60 Chapter 3: Practical Pattern Recognition for Trends and Corrections 63 WHY IS IT IMPORTANT TO IDENTIFY A TREND OR CORRECTION? 64 SIMPLE PATTERN RECOGNITION BASED ON ELLIOTT WAVE 66 TREND OR CORRECTION: THE OVERLAP GUIDELINE 66 ABC AND AWAY WE GO 72 COMPLEX CORRECTIONS 78 OVERLAP IS THE KEY TO IDENTIFY A CORRECTION 80 TRENDS AND FIVE-WAVE PATTERNS 81 GREATER IN TIME AND PRICE 89 FIFTH WAVES ARE THE KEY 91 MOMENTUM AND PATTERN POSITION 93 MOMENTUM AND PATTERN NOT ENOUGH 96 Chapter 4: Beyond Fib Retracements 97 INTERNAL RETRACEMENTS AND CORRECTIONS 98 ALTERNATE PRICE PROJECTIONS QUALIFY INTERNAL RETRACEMENTS 103 MORE ALTERNATE PRICE PROJECTIONS 106 EXTERNAL RETRACEMENTS HELP IDENTIFY THE FINAL SECTION OF A TREND OR CORRECTION 110 PATTERN PRICE TARGETS 113 PRICE, PATTERN, AND MOMENTUM 120 NO EXCUSE 122 Chapter 5: Beyond Traditional Cycles 125 TIME RETRACEMENTS AND CORRECTIONS 126 ALTERNATE TIME PROJECTIONS NARROW THE TIME RETRACEMENT RANGE 128 MORE TIME FACTORS 131 THE TIME TARGET ZONE 132 TIME BANDS 142 MORE TIME FACTORS 149 CONCLUSION 151 Chapter 6: Entry Strategies and Position Size 153 ENTRY STRATEGY 1: TRAILING ONE-BAR ENTRY AND STOP 154 ENTRY STRATEGY 2: SWING ENTRY AND STOP 164 POSITION SIZE 172 CONCLUSION 176 Chapter 7: Exit Strategies and Trade Management 177 MULTIPLE-UNIT TRADING 178 RISK/REWARD RATIOS 179 EXIT STRATEGIES 180 TRADE MANAGEMENT 182 TRADE ONLY THE HIGH PROBABILITY, OPTIMUM SETUPS 211 Part II: Trading the Plan 213 Chapter 8: Real Traders, Real Time 215 ADAM SOWINSKI (SLORZEWO, POLAND) 216 JAGIR SINGH (LONDON, UNITED KINGDOM) 220 CEES VAN HASSELT (BREDA, THE NETHERLANDS) 228 KERRY SZYMANSKI (TUCSON, ARIZONA) 232 DERRIK HOBBS (WARSAW, INDIANA) 236 CAROLYN BORODEN (SCOTTSDALE, ARIZONA) 241 JAIME JOHNSON (ENCINITAS, CALIFORNIA, AND BOGATA, COLUMBIA) 245 CHAPTER SUMMARY 248 Chapter 9: The Business of Trading and Other Matters 251 ROUTINES AND TRADING RECORDS 251 WHY TRADERS WIN OR LOSE 253 TECHNOLOGY, TRADING TIME FRAMES, MARKETS TO TRADE, AND LEVERAGE 256 TRADE FOR POINTS, NOT FOR TICKS 258 YOU CAN’T BUY SUCCESS 258 YOU CAN BE A SUCCESSFUL TRADER 259 More Bar-by-Bar Entry to Exit Trade Examples 261 Glossary 263 GLOSSARY—ALPHABETICALLY 263 GLOSSARY BY CHAPTER 268 Bibliography 275 About the Author 277 Index 279 About the CD-ROM 285 INTRODUCTION 285 SYSTEM REQUIREMENTS 285 USING THE CD WITH WINDOWS 285 WHAT’S ON THE CD 286 CUSTOMER CARE 286 High Probability Trading Strategies + CD_will provide traders with a step-by-step guide to analyzing market behavior, identifying profitable trades, and executing those trades in a way to both preserve and grow a trader's capital._Well-known trading educator Robert Miner will explain how he has drawn on the theories of legendary trading gurus W.D. Gann and R.N. Elliott to create a very practical and easy-to-learn method._The first part of the book will explain how he uses both price and time analysis to find profitable situations by trading with the trend and then trading against the trend._Each chapter will build on the prior one so that a complete trading plan is developed by the end of the section.__ The second part of the book will show trade setups for a variety of time frames in the forex, stock, and futures markets._The companion CD will include more examples and will_illustrate bar-by-bar setups from the book._ In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan--from entry to exit--that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades--from entry to exit. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file. Note: CD-ROM/DVD and other supplementary materials are not included.

In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. Written with the serious trader in mind, this reliable resource details a proven approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades–from entry to exit.

Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

A market master details his proven and profitable approach to trading High Probability Trading Strategies teaches traders step by step a unique and practical approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades from entry to exit in a way that both preserves and grows one's capital.