JoeRodTrades

The Anti: A Super Powerful 1:1 Setup

Education
NYSE:GPS   Gap, Inc. (The)
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:

  1. Climatic activity or other indication of possible market reversal
  2. First leg
  3. MACD or Stoch slow line change of trend
  4. MACD or Stoch fast line hooking back into the slow line (against the trend)


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