The Power of Dynamic Trade Setups is one of our long running keys to success. Put on your dancing shoes and let the market’s price action take the lead. Being able to adjust trade setups that give us high percentage price targets is important for the longevity of a strategy. It makes the strategy evergreen. It continues to work as market conditions continue to change.
Today’s session is a great example. Headline news and talking heads caused the market to react with crazy volatile price swings. These price swings are excellent for daytraders, especially when trading with dynamic trade setups that can adjust in real time.
With a strategy like this, you only need to learn it once. It uses two very important ideas.
This works on most timeframes and price charts. When you combine it with the other 12 Powers, then you are on the track to trading success. Powers like the Power of the Tradeplan, the Power of Structure, the Power of Quitting, etc.
If you want to improve your own trading, be sure to incorporate the 12 Powers with your own trading. You can get a free copy here.
Click here for your free copy of the 12 Powers to Successful Trading
Don’t forget to visit our facebook page, https://www.facebook.com/thebackpacktrader