O'Reilly logo

Trade Secrets: Powerful Strategies for Volatile Markets by Adrian Manz

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

CHAPTER 3. The Basics

THE FOLLOWING IS a review of the core set-ups as defined in my book Beat the Street: A Trader’s Guide to Consistently Profiting in the Markets. These patterns have been bread-and-butter trades in my account for 13 years and I believe that, when applied correctly, they can be a core component in any trading strategy.

Two Strategies that Consistently Generate Profits

Like much in the markets, expansion set-ups prove most reliable when preceded by an orderly event. When I am flipping charts in search of trading candidates, I look for these orderly events in the form of a pullback or a definite price consolidation. These provide evidence that an expansion move will likely lead to profits. The first step in understanding ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required