Instructions - Trade Examples

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Instructions - Trade Examples

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Secondary Setup

 Trade  Trade Example Examples s and Play by by Play Play Discussion Discussion

Fig. 8 thru 10 10 - Three additional additional GBP/J PY T rigger Examples Examples

Note that these trade signal or 'trigger' examples are close up views of the beginning of the new reversal zone and do not show the entire travel of the trade. Fig. 8 Had all of Sept. & Oct. to plan this 3400+pip trade on x1.618 x Daily Chart

Fig. 9 Reversing position - Ending Nov '07 trade and Beginning another which goes on for 817 pips on x.236 x 10 Minute **

* *  This trade took place on a 10 minute X x .236 template. I must have overwritten my screenshot fil e and the 5 minute data for a 2X x

.236 template is no longer available in the chart. Fortunately the 15 minute data is still there so this 15 minute X 0.67 x .236 template I made to supply this screenshot works the same way. Values are the same. This also s hows how you may create your own tools. Just keep close track of all the factors and keep in mind any major conversi on of values may be impacted by the number of bars. I'll leave you to do the math. ;=)

Fig. 10 'J ust' got the HMA Turned for 660 pips on x.500 x 15 Minute

If you need to be sure you are getting the HMA turns you need you can use the Data Window. Shortcut is CTRL-D. Compare actual values from bar to bar for the change.

Start to Fini sh Play by P lay Trade Entry The following Trade Entry is descri bed in words and pictures to bring home the points of the S.T.A.R. Forex Trading System. As the steps have already been outlined most of this will be screenshots with text commentary only to give some logical thinking where deemed helpful. The screenshots have their own comments that describe most of the steps being taken.

Fig. 11 Overview of the Landscape (That's us way up on top of this weekly chart)

Fig. 11 shows the entire l andscape of the trade including big moves preceding i t. This wil l give some backdrop to what happens before, during and after the setup. The initial hunt for this trade's "Big Move" and pending collapse, which is shown in Fig. 12, takes place here in Fig. 11 between the 2 asterisks.

Fig. 12 Finding the big move's pending trend failure traits. All traits present and verified.

This screenshot is so compressed and the move is quite strong. So I congratulate you if you thought that the ribbon flip was not adequate because that is how it appears here. Fig. 12A gi ves a better look. At one point or another in the trend chall enge area each "68" has gone under the gold "68".

Fig. 12A  J ust the ribbon flip area from Fig. 12

Fig. 13 1st Pullback Trial

Fig. 14 Continuation Signal

Fig. 15 2nd Pullback Trial

Fig. 16 Another Continuation Signal

Fig. 17 3rd Pullback Trial

Now that is a pullback! When I was checking on a 4 Hour I didn't know the next wave out might be on a Daily. But each wave makes its own timeframe. So we are going to test this pullback and l et's see what happens.

Fig. 18 Confirmed Trade Signal

Fig. 18A  Trade Signal Target Hit

Fig. 19 Results of trade

This trade is indicated still a short but this move was too large and after the first set of bounces and another big drop it looked like time to move to a shorter time basis. This is shown at the

"X's".

The trade was reversed at the first one and the l ast one is stil l open as a

short. There have been some other intermediate trades taken while hol ding open (through hedging). In order to take advantage of this I used the more aggressive approach mentioned before which is the Secondary Setup. Had the trade been on a much smaller ti me basis it would have just been held through the entire Pri mary Setup to a Primary reversal. You may wish to try some fair ly short term trades on the Primary Setup and then learn the Secondary Setup (see li nk at top or bottom of page) if that suits you. As you can s ee when the wave chooses a Dail y timeframe to operate or "run on" then the primary can run a long time. There are al ways moves on smaller timeframes to take advantage of however.

Fig. 20  The short trade taken at that last X in Fig. 19 (reversal zone closeup)

OK, so now where are the exit trade examples? You just saw them. Right? Remember this is not an entry/exit system but a reversal system. Had to exit? No problem because the rules don't change. Start at Step 1 every time. Then you reverse the trade the same way you got into the trade.

From NOW ON the trades you make are not considered entries or exits but pivot reversals!

CAPTURE The Best Part of SUPER TRADES!

Good Luck with your trades. Go

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Secondary Setup