Precise Exits & Entries: The Guide to Average True Range and Average Directional Index (DVD - 2Disc)
By: Lebeau, Chuck; Lebeau, Charles
Retail Price: $299
PLUS
Trailing Exits: Using Average True Range to Set Profit Targets
By: Lebeau, Chuck
Retail Price: $99
2 PACKAGE 3 DVD 1 AUCTION
Synopsis:
Learn from one of the masters of technical trading systems.
When computers were first used to aid in technical analysis, the applications were primitive but the potential was endless.
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Jacket Description:
CHARLES LE BEAU—a 40 year veteran of the markets and one of the most important figures of early system trading—saw the potential and was a pioneer in computer analysis of technical systems. Now, in this two-disk DVD, LeBeau is ready to teach you the secrets that he has seen stand the test of time and that he still uses to increase his winning percentage in today’s market.
The key is to be adaptive in your trading; to have multiple strategies available in order to tackle any challenge the market throws at you. But how do you define these strategies and how do you optimize them for your trading style?
Enter LeBeau’s two weapons of choice: Average Directional Index (ADX) and Average True Range (ATR). With in-depth analysis and step-by-step instruction, LeBeau will teach you how these two tools will reinvent how you trade.
INSIDE, SEE HOW ADX AND ATR CAN:
• Be used to make formulas and strategies universal for all time frames and markets.
• Determine market direction and trend.
• Pinpoint breakout entry triggers.
Most important, learn how to master exits. Essential to profitability, LeBeau will spend most of his time teaching you how ADX and ATR can be used to set flexible stops and high probability profit targets. Master these powerful strategies and you’ll be ready for your own successful trading career!
Synopsis:
A good trader knows when to enter a trade; a great trader knows when to exit. More and more traders are beginning to realize their exits are what determine their overall outcome -- profit or loss.
In this 90-minute DVD, 40-year market veteran Chuck LeBeau reveals the exit system he currently uses, and exactly how it was developed. With complete detail you get "the good, the bad, and the ugly" of the different types, including percentage trailing stops, moving average trailing stops, exits at support levels, and more.
Not only does he spotlight the pitfalls to numerous strategies and how to avoid them, he hands you his preferred exit techniques, using:
• Trend direction,
• Average True Range (ATR),
• The "Chandelier Exit", and
• A highly modified Parabolic indicator
All with explicit directions on how and when to use each one, along with a foolproof method of reentering trades after an exit.
Though trailing exits are more effective when used by long-term traders, Chuck provides alternative strategies for short-term traders to help control risk and maximize profits. Whether you are a short or long-term trader, knowing when to exit will not only protect your gains, but also maximize your returns! Packed with real-life examples, this DVD will teach you all you need to know about exits for increased control over the success of your trades.