Trigger/Filter TTW System
(Trades That Work) Alex’s bread and butter method consists of a combination of Filters and final entry Trigger. The goal of this method is to take away money from the weakest traders. On the surface this appears to be a naive and arrogant method. The newbie usually loses, so you need to do the opposite of the newbie. This method is ideal for short term scalpers who want to grab their profits right away and do not wish to be in a position for any lengthy amount of time. Time is risk! The filters determine what side of the market we want to be on during the day or the markets BIAS and the triggers get us a solid entry. Ex: If we have strong bullish filters that are rising, we do not wish to load the boat on short trades. In order to have a bias, we need at least a 65% majority of Filters leaning to one side of the market. Trial members may read more about the TTW trading system in our discussion group.
Our variation of this very highly successful trading setup that’s used from million dollar hedge funds to the semi-professional traders. A gap is a break or ‘gap’ between prices on a chart that occurs when the prices of a stock makes a sharp move up or down. This prices movement must occur when the cash markets are closed between 16:00PM EST and 9:30AM EST. For example, AAPL closes at 56.00 at 16:00PM EST and then opens at 57.50 the next morning at 9:30AM. We call this a $1.50 gap UP.
A simple method for aligning yourself with the larger trend. You may notice retrace trades on our track record. These are trend following entries that do not correspond to a trigger signal. They are very simple, yet powerful.
One of our goals at PureTick.com is to get you trading like a pro on your own! In addition to providing trading alert signals, much of your time in the service will be spent soaking up knowledge on the markets. We teach standard concepts such as support and resistance, candle formations, bounce points, market internal indications and various other profitable setups used by Alex. We uses live charting and audio feeds to provide commentary as the market unfolds. In reality, that is the only hope for the newbie to graduate to the ranks of the professional. Most new traders have read a number of trading books where the author proposes or, in many cases, rehashes a “holy grail” trading setup. Far too often the authors are simply plagiarizing and renaming an old method.