5 Setups the Market Gave You Today

Get the Power Bar Indicator here: https://www.fluxcharts.com/creator/tr... Comment "POWER" below and I will send you my free Power Bar Cheat Sheet. This morning the market gave up one clean setup after another. In this video I walk through every trade I saw across a single session, the ones I took and the ones I passed on, and exactly why. Most traders learn one setup and then sit on their hands all day waiting for it to show up. The traders who last build a toolbox of simple setups over time, so that whatever the market hands them, they have an answer ready. This is what that looks like in real time. You will see how a Power Bar, a Waterfall trade, a double bottom, a W pattern, and a Fence trade all played out in one morning, how each one set up, and just as important, how to tell when a Power Bar is not worth taking based on where it fires in the move. Get the Power Bar Indicator here: https://www.fluxcharts.com/creator/tr... Comment "POWER" below and I will send you my free Power Bar Cheat Sheet. CHAPTERS 00:00 Why most traders only know one setup 01:25 Building a toolbox of setups 02:30 The first Power Bar off the open 03:55 Taking the loss and the Power Bar that paid 05:25 The Waterfall trade 08:00 The three-push rule and when to skip a Power Bar 12:00 Spotting the double bottom 13:00 The double bottom trade 14:25 The W pattern entry 17:00 Filtering with support and resistance 21:00 The Fence trade 24:30 Build your toolbox one setup at a time ABOUT ME I'm Steven, a former market maker who specialized in warrant arbitrage. I have over 30 years of experience in the markets including hedge funds and serving on the committee that wrote the first professional traders exam (now the Series 57). Forbes journalist Richard Behar featured me in his book "Madoff: The Final Word" as one of the world's leading arbitrage experts. Today I teach a simple approach to trading using the Anchor Line and Power Bars. ⚠️ DISCLAIMER All content on this channel is for educational purposes only and does not constitute investment advice. Strategies and investments involve risk of loss. None of the information found in this video should be construed as a guarantee of results. Any decision made by the viewer is solely and expressly their responsibility. #daytrading #trading #stockmarket #priceaction #anchorline #powerbar #futurestrading #tradingstrategy #daytradingstrategies #tradingforbeginners