We have mutiple trade setups for the new trader to Target Trading. REMEMBER: we only trade in a Wide Open Space! Our trade setups for new traders to the system are below:
Things to remember: The market only trends 30% of the time! The rest of the time (70%) it is ranging or reversing.
RF1010 - a first trade setup to learn to trade for 25 or more pips. Use at the beginning of the session in a trending market.
The Wild Card Trade - this is a second entry AFTER the RF1010 when the market is trending and your target is 50+ pips away.
The Pole Trade - a price action setup for breaks out of ranging markets or stalls in trending markets.
The Royal Flush- the perfect setup in a trending market. It starts with the RF1010 and then the Wild Card but if your target is still inside a Wide Open Space, it let's you see when the trade is slowing down
The 6 Aces - Used when the market is reversing (caution: only more advanced traders should trade this).
The RF1010 - has its own page here
The Wild Card Trade - Watch this video here 5.38
The Pole Trade - taught in the opening of the live rooms and here 16:00
The Royal Flush- Watch this video here 7:48
The 6 Aces - Watch this video here 12:00
TAKE A TEST DRIVE! Get FREE access to our Live Rooms Free for 7 days. You'll get access to both London and New York and can see in a live environment how our traders capture tons of pips. Get a Free 36 page Forex Target Trading eBook when you sign up.
Once you are done with a 7 day test drive you might want to take a free 10 day charting software demo. Wow, that will give you 17 days in a live room with no cost. You'll still have access to both the London and New York session live rooms with an experienced trader and will now access to tons of free training tutorials as well as our 6 beginning Target Traders videos. Take the plunge and start your Forex Target trading journey now!
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