The Arizona Rules - Rob Booker

Phase #3: The “Phoenix” Phase, Trade Type #4 (“Scottsdale”), CONTINUED
Here are some other thoughts about Scottsdale trades:
1. Scottsdale trades are my favorite Phoenix Phase trade. These trades keep the stop
loss tight, and the profit target is farther away.
2. When trading Scottsdale trades, you might consider using the 9,3,3 Stochastic, or
the 30,10,10 Stochastic, or even some other Stochastic setting that you feel works
best. I suggest using the 9,3,3 at the beginning of a Phoenix Phase (the first 100
candles, when the trend is strong, and fresh, and there is lots of momentum and
strength), and then switching over to the 30,10,10 afterwards.
3. If, in a trend, the 9,3,3 and the 30,10,10 both go OB/OS, at the same time, this
can be a very strong indicator of a good Scottsdale trade coming up. This is rare.
Remember to test on your own to find what works best for you.
There are lots and lots of examples of the Scottsdale trades that I take in the
chart school blog.
Page 20 of 26