The art r of Trading Combining the Science of



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The ART of Trading Combining the Science of Technical Analysis with the Art of Reality-Based Trading ( PDFDrive )

FIGURE 6.3
ART Profile “B”
Experience
INTERMEDIATE
ART
Signals
Frequency
POSITION
Style
COUNTERTREND
1)
2)
3)
4)
Primary Pyramid
Trading Point
Minor Pyramid
Trading Point
ART One-Bar
Reversal
ART Two-Bar
Reversal
FIGURE 6.4
ART Profile “C”


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Identify Your Personal ART Profile
35
Experience
INTERMEDIATE
ART
Signals
Frequency
DAY TRADER
Style
SCALPING
1)
2)
ART One-Bar
Reversal
ART Two-Bar
Reversal
FIGURE 6.5
ART Profile “D”
Pyramid Trading Points could also be used to identify corrections in domi-
nant trends, and in some cases catch a new trend in its early stages.
ART Profile D indicates an intermediate/scalping/day trader, as shown
in Figure 6.5.
The ART signals you would use are the ART One-Bar and Two-
Bar Reversals for scalping the markets between bullish and bearish ART
Reversals.
Advanced variations of scalping would be to scalp in the direction of
the primary trend as designated by a primary Pyramid Trading Point, or
countertrend scalping is another option. (Your experience level when using
these techniques would be master.)
ART Profile E indicates a master/countertrend/day trader, as shown in
Figure 6.6.
The ART signals you would use are the primary Pyramid Trading Point
to determine the primary trend, entries, and exits and the ART One-Bar and
Two-Bar Reversals for countertrend trade entries and exits.
Minor Pyramid Trading Point formations could also be used for coun-
tertrend trading because they indicate correction in dominant trends, and
in some cases can be used in conjunction with ART Reversals to catch
countertrend trades.
ART Profile F indicates a master/trend/position trader, as shown in
Figure 6.7.


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February 12, 2008
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REALITY
Experience
MASTER
ART
Signals
Frequency
DAY TRADER
Style
COUNTERTREND
1)
2)
3)
4)
Primary Pyramid
Trading Point
Minor Pyramid
Trading Point
ART One-Bar
Reversal
ART Two-Bar
Reversal

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