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Day Trading Stocks the Wall Street Way: A Proprietary Method For Intra-Day and Swing Trading by Josh DiPietro

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Chapter 7

Introduction to Fusion Trading

The term Fusion Trading is my own. I like to use that term for quick reference. You'll see it here over and over, and my trainees hear me say it all the time. But you won't find it listed on Wikipedia—not yet. And for now, you won't hear the word fusion on Wall Street unless you bump into one of my graduates.

Though the term is my invention, the system itself is not. Fusion is creatively implemented by most professional day traders, especially the countertrend traders. As a whole, fusion methodology gives trading on Wall Street the legendary calibre it's known for. The more you get acquainted with this system, the more you're going to realize that the same key price levels that I trade are traded in high volume on Wall Street. Now that you've seen both my intra-day and swing trading frameworks, this part of the text will make perfect sense to you (about as much sense as a map makes without your having been on the road).

Before I get straight to the core of fusion trading, I want to point out a couple of facts. Most novices call themselves either “intra-day” or “swing” traders without a full understanding of how each distinct strategy works. Some jump right to swing trading (ouch!), and some never advance from intra-day trading to mastery of the swing setups.

As I've mentioned many times previously, fusion is the synergy of both, and you're going to find that my use of both strategies for every trade setup (yes, I said every trade setup) ...

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