HFTALERT TRADING SCHOOL LESSON PLAN

 

October 15th-Dec 15th 2019 Session

 

ALL TIMES EASTERN

 

It is absolutely essential that you are in the Trading School chatroom from 8:45am to at least 12:30 pm on the first 4 days of school.  While we will be recording our webinars that will be held each of the first 4 days at 8:45 to 9:30, it is essential you are there to experience the market and our tools in real time, there is no substitute, watching a recording won't help you much.  If you cannot devote yourself for at least the first week, please do not sign up. 

 

 

 

THIS IS DIFFERENT FROM WHAT YOU MIGHT BE DOING   EMPTY YOUR MIND OF PRECONCEPTIONS:
We do not follow price
We do not draw diagonal lines anywhere on the charts
We do not use candles, channels or bands.
We do not look for any of the price following patterns such as ‘head and shoulders’, flags, pennants, wedges, etc.

The only way you will learn how to use the software is to experience it in real time by learning the setups and the skills we need and watching it play out time after time until you can recognize them yourself.


THE DELINEATOR TELLS US WHEN AND IN WHAT DIRECTION TO TRADE.

ACCUMULATORS ARE USED TO SUPPORT THE TRADES IDENTIFIED BY THE DELINEATOR


RULES:

1. PRICE FOLLOWS THE SLOPE OF THE PRIMARY DELINEATOR UNLESS SW IS STRONG ENOUGH TO OFFSET THAT FORCE

2. WE TRADE IN THE DIRECTION THE SLOPE IS MOVING WHEN THE CYCLE MOMENTUM IS HIGH AND AVOID WHEN IT IS LOW

Using a leading indicator of price is different from price following. It will take you 6 or more cycles for you to be able to rely upon the software. I will teach you how the software works by showing you how to trade intraday ranges for 50 cent targets using the SPY75 TT#1 and TT#2 setups. After you learn how to do this, you will know the basics of how the software works and you can then build upon that foundation for many different types of strategies.

LESSON PLAN:

DAY 1 The Software

PLEASE WATCH THESE BEFORE THE CLASS BEGINS.

Components of the Delineator: watch Delineator Tutorial Video. VERY IMPORTANT (LINKS WILL BE PROVIDED)

Components of the Accumulator: watch Accumulator Tutorial Video. VERY IMPORTANT

During the day observe the motion of both and identify components as they print on the charts during the day. We will point out examples as they appear.


Day 2 Cycles on the Primary Delineator

What is a cycle.
The initial phase
The terminating phase
Cycle Momentum: the Change
Range of the Primary
How to predict a slope change.
During the day observe the motion, we will point out examples in real time.


Day 3 Trading Ranges

What is a range
Why is there a range
How to identify what the ranges are.
Tradable lows and highs, how to identify them
Reversal bars
Expansion bars
Flip Color program bars
During the day observe the motion, we will point out examples in real time.

Day 4 SPY75

Why people fail at trading: the 3 reasons.
SPY75 Setups:
TT#1 long
TT#1 short
TT#2 long
TT#2 short
Aggressive vs. “By The Book”

Divergent Accumulator Setups

 

Day 5, 6, and 7: Observing setups, answering questions, practice predicting the values of the Primary, Cycle Momentum Scenario calculations.

 

Day 8-15:  continuous supervised monitoring for trading setups and practice trading them.

 

Day 16-20:  trading for real although many start in the 3rd week.

 

Chatrooms are very important during the entire process and are used for support.  Phone appointments will be available as well at no additional cost.