3 Superb Tools We Use Every Day
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Always trade in the correct direction, and these basic tools do a fine job of doing just that, plus not having to work out stop sizes etc. This is how we do it at Black Dog. Yes, we have other tools to help us but these three take us a long way to getting things right.
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3 Superb Tools We Use Every Day
- 1. Black Dog 3 Superb Tools We Use Every Day
- 2. Black Dog 1. The Channel 2. The ATR 3. BD Alert
- 3. Black Dog Let’s take a look at them in order Best if viewed full screen
- 4. Black Dog First – The Channel
- 5. A Naked Chart – how do we trade it? I would find this chart difficult to trade
- 6. A Naked Chart – how do we trade it? I would find this chart difficult to trade I would need help…
- 7. A Naked Chart – how do we trade it? But by using what works,
- 8. A Naked Chart – how do we trade it? But by using what works, so I know exactly what I’m doing…
- 9. A Naked Chart – how do we trade it? I can get the odds very much in my favour!
- 10. A Naked Chart – how do we trade it? We ARE trading for money – right? Ok, let’s hunt for those mini-trends…
- 11. 1. Add Our Famous Channel I could trade this chart..!!
- 12. 1. Add Our Famous Channel I could trade this chart..!! I now have the mini-trends…
- 13. 1. Add Our Famous Channel BLUE – means ‘Buyers’ are in control RED – means ‘Sellers’
- 14. 1. Add Our Famous Channel The Channel ensures that we… ‘trade with the money’
- 15. 1. Add Our Famous Channel The Channel ensures that we… ‘trade with the money’ How easy is that…?
- 16. 2. The ATR Next - The ATR
- 17. 2. The ATR ATR Stop loss size Target price Trailing stop size Distance from channel The ATR helps with:
- 18. 2. The ATR ATR No more having to work out stop loss sizes etc. It’s all done for you..!! Click to read more about the ATR…
- 19. 3. The BD Alert This final tool is fantastic..!! The BD Alert.
- 20. 3. The BD Alert This final tool is fantastic..!! The BD Alert. It works in harmony with the Channel
- 21. 3. The BD Alert I have these vertical lines very faint. Let’s make them thicker.
- 22. 3. The BD Alert They give the direction of trade beautifully..!! With Alarms too!
- 23. 3. The BD Alert e.g., short trades ONLY, from this point here…
- 24. 3. The BD Alert Just out of curiosity, How many pips could have been made on this particular day?
- 25. 3. The BD Alert 50 90 50 40 100
- 26. 3. The BD Alert A little optimistic perhaps… … but even half?
- 27. 3. The BD Alert That is the basics of Black Dog… Maybe it could help you?
- 28. Black Dog A Fine Trading Program How to gain The EDGE at Trading Be guided by the Channel, ATR, and BD Alert Join up with like-minded traders Above all, keep things VERY simple
- 29. Black Dog A Fine Trading Program Need more information? Home Page Blog Brief course contents I really do wish you the very best in your trading endeavours Dave