What is #TheSTRAT

The trader known as Rob Smith  who has pioneered this trading method. He has concluded his trading method after participation in the market for more than 20 years. He operates a trading room at ticker tocker. He believes in eliminating market noise, and focuses on aspects that we can define, quantify, analyze and execute on.

TheSTRAT is a form of charting method where one should analyze multiple timeframes. The charting method has three major elements; Major direction, candle analysis and conclusion of price direction. Bar Analysis seek out for a three major types of bars.

• Directional bar which are known as type 2 bar
• Outside bar which is known as type 3 bar
• Inside bar which is known as type 1 bar

Full Time Frame Continuity, or FTFC, is like the magic sauce. It makes sure you are on the right side of the market, trading only the strongest of signals.

To have FTFC, you need the Quarterly, Daily, H4, Daily and H1 open prices to be below current price to open a long position, or above the current price to open a short position.

You can look at FTFC in one of two ways. As a band of two price levels, where the upper band is the highest of the opening prices of each time frame and the lower band is the lowest of the opening prices. The second way is to know the candle state of each timeframe, so whether it is a type 1, 2 or 3 candle, and whether it is up or down.