In order to enter my trades that I am using right now, I do use a tick chart but I do use a higher timeframe tick chart. So I kind of have what's called an anchor chart, the 30 minute and a trigger chart, which is the five minute. I start with a 30 minute chart and then I've got a five minute chart next to that. So number one is from a higher timeframe chart, we always look at the higher timeframe chart and work my way down. Talk about the timeframes you use on an intraday basis is it - are you like a tick trader or a one, minute, five minute, what do you look at?īrian: It's going to sound like a lot. I like to be in all cash position by the end of the day and I trade the S&P E-Mini Futures as well as the Euro Futures and I am getting ready to gradually move into the crude, which I am finding to match right within my setups and the trade indicators.ĭave: Yeah, I think a lot of them gravitate to the S&P E-Mini.
What type of trader are you in terms of timeframe and what markets do you trade?īrian: Number one, definitely a day trader. So, two things to start off with that I usually - are always my first questions.
So first of all, Brian thanks for joining me on Skype today.ĭave: All right.
My guest today is Brian Reyler and we're going to talk to him about how he approaches the markets and ways he finds good opportunities each day as a trader. Listen in now (click the triangle play button below):ĭave: Hello everybody and thanks for joining me for another interview. You'll learn how a real full-time trader finds great money-making trades on a daily basis. In this interview, I talk with Brian about the time frames he monitors before entering a trade, the indicators and settings he uses to find good opportunities and how market internals helps him get a solid read on market direction. spreadsheets to help me keep track of budgets, logistical data, and (later) actual expenses.Brian Rehler is an accomplished trader who trades several markets.a text document containing the core and details of my itinerary and includes links to booking sites and travel articles.The detail research strategies I use mean that it is inevitable that I will add and delete destinations and things to see and do.Īs the planning progresses, I create a number of personalized documents that will become indispensable once travel begins: The process is not always pretty and organized, so you may find that I share some contradictory ideas as I explore the pros and cons of different routes, destinations, and lodging.
THE LOOK OVER THE SHOULDER SERIES
For a long journey, this can be a months-long process, so I will document the “steps” (including personal introspections) here in a series of articles. Sometimes people ask me if they can look over my shoulder as I make my travel plans, so now I am inviting you to do so. Now as I begin yet another travel possibility, I am documenting the process I go through from dream to travel. Like a dedicated sudoku player, I never feel my time is wasted. But I love the puzzle and investigation process the planning entails. During my lifetime, I have created several detailed itineraries that were never used. I love to plan trips almost as much as I love to take them.
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