Remek! Premium user guide
Part Three
how to Use the Service
As part of Remek! Premium, we share with you our best setups, as we see them, and as they get generated by our Remek! Momentum Pro methodology. The service consists of the following:
Access to the Premium page, where you will find
the setups plus explanations as necessary
daily analyses to prepare you for the upcoming trading session
regular online workshops and sessions, as per demand
All this every trading day of the year. (See terms.)
The chart attachment shows everything you need to trade the setup. As you consider these setups, respect your money and risk management rules: only you know how big is your account, and what positions you already have on at any one time. It is recommended that you do not risk more than a pre-defined percent of your account size at any one time. Our calculators should help you do the math.
Note: it can be a mistake to go down to smaller - and often more random - timeframes for the reason of not having sufficient funds on the account. If you choose to trade smaller charts, do so for the right reason: because you have identified and verified an edge on that timeframe. Otherwise you run the risk of being wiped out. If you find you cannot trade our setups with a reasonable risk profile (say 2-3% of your account size) for lack of funds, it’s better to trade our setups with the micro contracts (MES, M6E etc.) or forex successfully and build up a successful track record and confidence than moving down to the noise and being wiped out.
On each image, we’ll mark the bearflag/bullflag as generated by our methodology. Images will include suggested profit and target levels (1Rs) as appropriate.
The images we share include the following:
the consolidation area (ie. the bullflag/bearflag) marked as a yellow channel bordered by two parallel red lines
a red circle and/or an arrow, indicating the entry (trigger) area (“area of business”). On your chart, if you have Remek! Momentum loaded, you will get the corresponding signal as well
a red arrow showing the direction of the trade
the trigger area (yellow line), the target area (green line) and the stop area (red line). Note that we (or rather: the market structure) will define our stop first, then we’ll project our target on the other side at the same distance, therefore Risk will equal Reward (1R).