Tailored Trader Trading Set-ups TELEGRAM
- TailoredTrader.Com / Eric Benson
- Aug 22, 2017
- 2 min read
There are multiple ways to trade the financial markets. Long term investing, swing trading (approx 3-7 days in Forex), daytrading and even scalping. Many people have different time constraints, lifestyles and careers in which they need to balance with the type of trading they are involved in.
Point being is that at Tailoredtrader.com we are primarily a daytrading room. I realize that many people may have certain time/work constraints in which they are not always able to attend the live room for trading help/guidance.
I am working on a on specific Tailoredtrader trading set-ups curriculum where I will explain in detail all of the Tailored set-ups we take in the trading room, based on the strategy I trade. It's beyond the scope of this blog post to explain the set-ups. However in short, I will mention that its 1 strategy with four different variations/set-ups that require different execution orders and processes depending on higher time frame analysis and market structure/condition.
Tailored set-ups are "Tiered" numerically for better understanding of which set-up is more "powerful" than the other. Example: Tailored "T1E" set-up - T1's are the "best", higher probability "T1C" set-up "T2" set-up - "second best" "T3B" extension set-up "T4" set-up - "least best" counter trend as example- lower probability
Here are two pictures of the USD/JPY on a 30min chart, a timeframe we use to help execute trades. One chart shows the Tailored T1 to T-4 set-ups that were available in the U/J late this week, in which I label and explain in the daytrading room.
The other chart is the personal execution chart of the buys (blue arrows) and sells (red arrows) of taking the trading set-ups and how I manage the trades with entries and exits.
As mentioned above, I realize and have spoke to people who say they would love to take the Tailored trader set-ups, but can't make it in the room during room hours, due to other life obligations and responsibilities.
Therefore I will have a messaging thread, most likely TELEGRAM (messaging app), to communicate the available set-ups that I am taking. So people wont "miss out" on Tailored set-ups and will get the set-ups to your phone while you are out of the trading room.
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