1. Establishing the brackets

  •  It is the job of a Bracket-man, or Bracketeer [myself] to establish the zones or levels [very precise] where the market may stop its course on any given day for you. Usually between 40 and 150 ticks.

2. Finding the direction

  • Once the brackets are established, the next job is to find which bracket it is going to touch. 

3. Getting an entry

  • Sometimes the market configuration is such that entering the market just with mental stop is enough.

  • Some other times I enter the market using my model, and use a 15 to 25 tick SL on average.

Actual traded in the Slack/Launchpass group example pictures

  1. I trace the green lines [where the market imay go, up or down] and then

  2. I, in my group indicate the direction probability [up or down]

  3. Hop in an entry to reach that bracket. 

  • Oil trades at 61.697

  • A few hours after it reaches the upper bracket at 62.485 [+80ticks]

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