In this video, I discuss The Anti a trade first mentioned by Linda Raschke in her 1996 book Street Smarts. Her version used a Stoch indicator but, I prefer a modified MACD indicator. To take this setup, you first need an indication of market reversal. In our case that will be climatic activity.
So this trade has 4 parts:
So this trade has 4 parts:
- Climatic activity or other indication of possible market reversal
- First leg
- MACD or Stoch slow line change of trend
- MACD or Stoch fast line hooking back into the slow line (against the trend)
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