I am going to show you a compilation of several live trades that were taken by students using our trading strategy. I think there are two 2nd entry longs, and a couple of short entries on failed second entry longs. I will add the disclaimer that trading failures is much more advanced, so I suggest
This was a long trade off of the KEP after a failed 2nd entry short. This was a nice trade and was quick and easy, so I thought I would share it with the rest of you.
This was a live trade taken by a student. He entered this trade after the trigger using a limit order allowing him a more conservative entry point. There is no issue entering on a limit order, although I normally suggest you enter on a buy/sell stop order. Entering on a limit order will often times
This was fast and I didn’t even have time to adjust my safety stop or my scalp stop. I was in and out with a profit in only seconds. That is one of the appeals to trading traps. If you are correct in your read, you are rewarded quickly. If you are wrong, then you
Our new PATs 2nd Entry Indicator is now available for purchase and download from the PATs website. Many of you have continued to ask about its availability, so I wanted to make you aware that it is now available. You can find the indicator at the link below. PATs 2nd Entry Indicator The PATs 2nd
New PATs 2nd Entry Indicator is Now Available for Purchase Read More »
One of our members sent me this video of a trade he took based on a failed break higher out of a tight range. This was a very good read and he gets a nice runner for bonus profits as well. This move was very fast, so the scalp portion of the trade was over
Live Student Trade – Failed break out and nice runner Read More »
This was a second entry short that also happened to be a triple test of resistance. The price action had been range bound for most of this day and this short entry was following a break out of the resistance area that failed. Like most breakouts, the price action failed and traded back into the
Live Trade Example – 2nd Entry Short That Is Also A Triple Test Read More »
This was a short trade while looking for prices to fill the gap on the daily chart. I entered on a failed second entry long.
This trade was a failed break lower in an uptrend and it was also the first convincing close outside of the trend line, so I was looking for a reason to get long again. This gave me the opportunity to get long on a failed break lower out of the tight range that had formed.
This was a live trade taken on Friday 04-09-2021. This was a higher low long entry off of the green range support. Notice how prices bounced there multiple times, but more importantly, there was a failed break lower just prior to this higher low.