Page 170 - ART® Study Manual html5 - flash

® “Home-Study Course” Study Manual Page 170

________________________________________________________________________

Getting Aggressive

After four consecutive “Pyramid Trading Points®” you can get
aggressive in trading corrections. This may enable you to catch the next
trend in the opposite direction.

For example, you could trade ART® “Reversals” going against the
trend and all MINOR “Pyramid Trading Points ®”. You should wait
until you get FOUR consecutive “Pyramid Trading Points®” “pointed”
in the same direction, and trade WITH THE TREND. After four
consecutive “Pyramid Trading Points®”, then you can become more
aggressive and look for quality counter-trend trades.

Extended trends can have far more consecutive “Pyramid Trading
Points®” than just four. Don’t consider a counter-trend trade until you
have had AT LEAST FOUR consecutive “Pyramid Trading Points®”.
After you gain experience in the market you are trading, you may
conclude that four “Pyramid Trading Points®” is not the right number
for you, maybe it should be five or six for example.

Check the higher time frame charts for trend verification to gauge the
strength of the trend you are currently analyzing. This will help you
determine trend exhaustion. If the trend on the higher time frame is

________________________________________________________________________________________________

Copyright © 2012 TradersCoach.com, Inc. All rights reserved. Any reproduction and/or electronic
transmission of this document is prohibited without the prior written consent of TradersCoach.com

and is a violation of international copyright law. AR-1021-04-06.