ProAct Traders is a system that takes traders from beginner to advanced. Advanced methodologies and 10 proprietary trade setups are only taught to our Fast Track Traders. However, our beginning strategies are outlined below. We have mutiple trade setups for the new trader to Target Trading. The first pulse of momentum to start a move is an RF Called that because it is found on the RF Royal Flush template and uses the 2 10 minute charts on that template. This is a confirmable move for about pips with the trend of the day Note: As market participants recognize the move, more and more traders enter creating momentum and the speed of the move increases.
This decreases the probability of the opposite move happening since more traders have entered positions agreeing with the overall move. Ultimately, if enough traders are entering, the market will only slowdown, retrace or pullback as traders take off winning trades since there are too many traders on board for the continuation of the move.
This trade is the second MOST popular setup we have with our traders and it is a transition setup for those coming from indicator systems. We use Haiken Aishi charts, oscillators and momentum indicators to depict this setup. We do not take a RF blindly.
Just because there is momentum and harmony does not mean that the move will fulfill. We take the RF because it is confirming what we already know! You only take this trade if you have identified the target and it is at least 30 pips away. You take the trade because you have good reward for the risk! Do not become an "indicator junkie"! That is the traders job. You do not blindly trade ANY setup ours or anyone elses since you may be trading right into a trend wall, a Fibonnacci level, a previous support or resistance PSR or a T30 from the Pivot Point.
We teach that each day in the live rooms. This is a trending trade with only a few rules so it is easiest to master. Start with these pairs:More...