A market master details his proven and profitable approach to trading High Probability Trading Strategies teaches traders step by step a unique and practical approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades from entry to exit in a way that both preserves and grows one's capital.

Foreword ix Preface xi PART ONE High Probability Trading Strategies for Any Market and Any Time Frame 1 CHAPTER 1 High Probability Trade Strategies for Any Market and Any Time Frame 3 Any Market, Any Time Frame 4 Conditions with a High Probability Outcome 4 Leading and Lagging Indicators 5 What You Will Learn in This Book and CD 6 Let’s Get Started 8 CHAPTER 2 Multiple Time Frame Momentum Strategy 9 What Is Momentum? 11 Multiple Time Frame Momentum Strategies 12 The Basic Dual Time Frame Momentum Strategy 12 Momentum Reversals 14 Most Price Indicators Represent Rate-of-Change 15 Momentum and Price Trends Often Diverge 16 How Dual Time Frame Momentum Strategies Work 19 Which Indicators to Use for Multiple Time Frame Momentum Strategies 31 What Are the Best Indicator Settings to Use? 36 Dual Time Frame Momentum Strategy Rules 43 Dual Time Frame Momentum Strategy Trade Filter 46 CHAPTER 3 Practical Pattern Recognition for Trends and Corrections 49 Why Is It Important to Identify a Trend or Correction? 50 Simple Pattern Recognition Based On Elliott Wave 52 Trend or Correction: The Overlap Guideline 52 ABC and Away We Go 58 Complex Corrections 64 Overlap Is the Key to Identify a Correction 66 Trends and Five-Wave Patterns 67 Greater in Time and Price 75 Fifth Waves Are the Key 77 Momentum and Pattern Position 79 Momentum and Pattern Not Enough 82 CHAPTER 4 Beyond Fib Retracements 83 Internal Retracements and Corrections 84 Alternate Price Projections Qualify Internal Retracements 89 More Alternate Price Projections 92 External Retracements Help Identify the Final Section of a Trend or Correction 96 Pattern Price Targets 99 Price, Pattern, and Momentum 106 No Excuse 108 CHAPTER 5 Beyond Traditional Cycles 111 Time Retracements and Corrections 112 Alternate Time Projections Narrow the Time Retracement Range 114 More Time Factors 117 The Time Target Zone 118 Time Bands 128 More Time Factors 135 Conclusion 137 CHAPTER 6 Entry Strategies and Position Size 139 Entry Strategy 1: Trailing One-Bar Entry and Stop 140 Entry Strategy 2: Swing Entry and Stop 150 Position Size 158 Conclusion 162 CHAPTER 7 Exit Strategies and Trade Management 163 Multiple-Unit Trading 164 Risk/Reward Ratios 165 Exit Strategies 166 Trade Management 168 Trade Only the High Probability, Optimum Setups 197 PART TWO Trading the Plan 199 CHAPTER 8 Real Traders, Real Time 201 Adam Sowinski (Slorzewo, Poland) 202 Jagir Singh (London, United Kingdom) 206 Cees Van Hasselt (Breda, The Netherlands) 214 Kerry Szymanski (Tucson, Arizona) 218 Derrik Hobbs (Warsaw, Indiana) 222 Carolyn Boroden (Scottsdale, Arizona) 227 Jaime Johnson (Encinitas, California, and Bogata, Columbia) 231 Chapter Summary 234 CHAPTER 9 The Business of Trading and Other Matters 237 Routines and Trading Records 237 Why Traders Win or Lose 239 Technology, Trading Time Frames, Markets to Trade, and Leverage 242 Trade for Points, Not for Ticks 244 You Can’t Buy Success 244 You CAN Be a Successful Trader 245 More Bar-by-Bar Entry to Exit Trade Examples 247 Glossary 249 Bibliography 261 About the Author 263 Index 265

High Probability Trading Strategies Trading today's markets—including stocks, futures, or Forex—can be a challenging and difficult endeavor. But it is possible to achieve consistent success in this field, if you're prepared to learn a complete trading plan from entry to exit. In High Probability Trading Strategies, author and well-known trading educator Robert Miner skillfully outlines every aspect of a practical trading plan—from entry to exit—that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames. With this book as your guide, you'll quickly learn how to recognize high-probability trading opportunities, pinpoint exact entry and stop prices, and manage a trade until it's completely closed out. You'll discover how the four key factors of dual-time-frame-momentum, pattern, price, and time can guide you down the path to trading profits. As you become familiar with the proven strategies and techniques taught in High Probability Trading Strategies, you'll also come to understand the type of market information you can use to make specific trade decisions and how to execute those decisions from start to finish. Miner teaches in a practical, step-by-step manner until a complete trading plan is developed. While the ideas found here are essential to trading success, the best way to learn is by example. That's why Miner has devoted an entire chapter—called "Real Traders, Real Time"—to trade examples submitted by his past students. In it, you'll see how they apply the strategies taught throughout the book to markets around the world. A companion website completes this compre-hensive learning package. It's not a word-for-word review of the material in the book, but rather an additional tool to illustrate more examples. With it, you'll learn how to put high-probability trading strategies into practice, day by day and bar by bar, for many different markets and time frames. Written with the serious trader in mind, High Probability Trading Strategies details a practical approach to analyzing market behavior, identify-ing profitable trade setups, and executing and managing trades—from entry to exit—that will allow you to both preserve and grow your capital. If you're looking to make the most of your time in today's markets, look no further than High Probability Trading Strategies.