BARROS SWING Content

Saturday
Outcome for Day:
To ensure that the student integrates the idea of trend (& timeframe) and knows how to use it in his profitable trading.

Concepts Taught:

 The use of Barros Swings in identifying Uptrends (or Downtrends) and Sideways Trends
 Exercises in labeling.
 Change in Trend Patterns:

• The Lagging Patterns
• The 3 Drives to a Top/Bottom
• The Maximum Extension, Line Change Counts, and Whole Point Counts.

 Impulse & Corrective Moves: why it’s important to identify them and how to use them for our profitability.
 The use of MIDAS and Fibonacci Confluence ideas to identify the zones at which we take continuation trades.

Sunday

Outcome for Day” To ensure that the student the student integrates Low Risk Entry and Trade Management so that he can apply them in his own trading.

Concepts Taught: Low Risk Entry:

 ZONES: what they are, how to use them and the tools I use to identify high probability zones.

• MIDAS
• Linear Regression Bands
• Fibonacci Retracements

 SETUPS: what they are and how to use them.

The two types of Setups:

• Negative Development and
• Contraction

 ENTRY and INITIAL STOPS

• Entry techniques and Placement of Initial Stops

 Trade Management: The Rule of 3. The student is taught an approach that maximizes profitability, reduces risk of ruin and allows SAFE pyramiding of positions.

 An introduction to position sizing including a Excel worksheet.

 An introduction to journaling and the use of One Note for this.