Always trade in the correct direction, and these basic tools do a fine job of doing just that, plus not having to work out stop sizes etc. This is how we do it at Black Dog. Yes, we have other tools to help us but these three take us a long way to getting things right.

1. Black Dog
3 Superb Tools We Use
Every Day

2. Black Dog
1. The Channel
2. The ATR
3. BD Alert

3. Black Dog
Let’s take a look
at them in order
Best if viewed
full screen

4. Black Dog
First – The Channel

5. A Naked Chart – how do we trade it?
I would find this chart
difficult to trade

6. A Naked Chart – how do we trade it?
I would find this chart
difficult to trade
I would need help…

7. A Naked Chart – how do we trade it?
But by using what works,

8. A Naked Chart – how do we trade it?
But by using what works,
so I know exactly what I’m doing…

9. A Naked Chart – how do we trade it?
I can get the odds
very much in my favour!

10. A Naked Chart – how do we trade it?
We ARE trading for money – right?
Ok, let’s hunt for those mini-trends…

11. 1. Add Our Famous Channel
I could trade this chart..!!

12. 1. Add Our Famous Channel
I could trade this chart..!!
I now have the mini-trends…

13. 1. Add Our Famous Channel
BLUE – means ‘Buyers’
are in control
RED – means ‘Sellers’

14. 1. Add Our Famous Channel
The Channel ensures that we…
‘trade with the money’

15. 1. Add Our Famous Channel
The Channel ensures that we…
‘trade with the money’
How easy is that…?

16. 2. The ATR
Next - The ATR

17. 2. The ATR
ATR
 Stop loss size
 Target price
 Trailing stop size
 Distance from channel
The ATR helps with:

18. 2. The ATR
ATR
No more having to work out stop loss sizes etc.
It’s all done for you..!!
Click to read more about the ATR…

19. 3. The BD Alert
This final tool is fantastic..!!
The BD Alert.

20. 3. The BD Alert
This final tool is fantastic..!!
The BD Alert.
It works in harmony
with the Channel

21. 3. The BD Alert
I have these vertical
lines very faint. Let’s
make them thicker.

22. 3. The BD Alert
They give the direction
of trade beautifully..!!
With Alarms too!

23. 3. The BD Alert
e.g., short trades ONLY, from
this point here…

24. 3. The BD Alert
Just out of curiosity,
How many pips could
have been made on
this particular day?

25. 3. The BD Alert
50
90
50
40
100

26. 3. The BD Alert
A little optimistic perhaps…
… but even half?

27. 3. The BD Alert
That is the basics of
Black Dog…
Maybe it could help you?

28. Black Dog
A Fine Trading Program
How to gain The EDGE at Trading
Be guided by the Channel, ATR, and BD Alert
Join up with like-minded traders
Above all, keep things VERY simple

29. Black Dog
A Fine Trading Program
Need more information?
Home Page
Blog
Brief course contents
I really do wish you the very best in your trading endeavours
Dave