Top Gun Charts

The Top Gun charts contain an exclusive FOREX trading system. These specially produced charts are an accumulation of an exclusive set of time tested algorithms converted to GRAPHICAL indicators on internet delivered charts.

Because these charts are Internet delivered, you can trade them anywhere you have a broadband connection!

The concept behind trading these charts is to simply watch for the formation of either of the two embedded indicators.

One indicator is an expansion indicator called the Top Gun Bar. The Top Gun Bar identifies areas on the chart where breakouts are very likely to occur. The Top Gun Bar will alert traders where price action will likely move to new levels from the current trading range.

The other indicator is a pivot indicator, aptly called the Top Gun Pivot Indicator. The Top Gun Pivot indicator identifies areas where price expansion has temporarily stalled and a retracement is quite likely.

Use of the Top Gun Charts allows traders keen insight to two key elements of successful trading. Trading is simplified by knowing where a chart is likely to expand and where that expansion is likely to stop. Two key conditions any trader would desire.

Top Gun Bar

A Top Gun Bar is an orange colored bar that stands out in a sea of blue bars on the charts.

Subsequent price activity after the Top Gun Bar has formed, determines the trade direction and feasibility of success the trader is likely to have.

When this Top Gun Bar is displayed, traders are encouraged to REACT to the price action that unfolds after the bar paints in. Traders are guided according to a well defined set of rules to determine if any trades are indicated.

When a trade is indicated, traders formulate trade decisions and executions according to those easy to follow rules.

Essentially, the Top Gun Bar is used to indicate and initiate a trade in a trend direction. Trend trades are a very good way to trade the FOREX market.

Trend trading with the Top Gun Bar indicator aligns traders with the trend direction and predisposition of that market. Knowing and trading with the trend, regardless of how long it lasts, often helps avoid the pitfalls traders make by initiating trades against a current trend.

Top Gun Pivot Indicator

As long as the trend stays intact the more aggressive traders can compound the effectiveness of the system by using the Top Gun charts to determine when the expansion has most likely ended or a retracement is needed before the trend continues. The Top Gun Pivot Indicator is used to find those areas to trade price pivots in the trend direction. Often a few more trades can be executed in the trend direction, until the price action relative to the Top Gun charts indicates that the larger trend move has ended.

Trading the Top Gun Pivot Indicator from key levels while still in a trend trade can extract a higher potential from each larger trend move, but it is a strategy that should only be used in conjunction with our Top Gun Pivot Indicator.

The Top Gun Pivot Indicator will very often identify the end of a current trend several bars ahead of a confirmation of the end of the trend. As such when conditions align with Top Gun Range Numbers to potentially dictate a trend is likely to end. The trader has the option of using that information to initiate a counter trend trade from an obviously over expanded area. As long as the trader has initiated a counter trend trade from a Top Gun Pivot, there is a huge potential to trade that new trend from a significantly more advantageous opening price. Should the counter trend fail to develop, counter trend trades initiated in this manner will likely have enough distance from initiation to the Red Line risk exit area to cover the spread and exit the trade without significantly affecting the original trend trade's performance.

It is important to note that the Top Gun Pivot trading strategy is an embellishment to the Top Gun Charts and it is not necessary to initiate any pivot trades to use the Top Gun charts effectively with just the Top Gun Bar expansion indicator.

The entire Top Gun Bar and Top Gun Pivot Indicator strategies are completely detailed on dedicated pages. Links to those pages can be found in the list to the left of this page.

In summary, once the Top Gun Bar paints in on the chart, its presence indicates that the Top Gun system's algorithms have identified the potential for the market to breakout. The breakout of the market typically comes in the form of a violation of the high or the low of the Top Gun Bar. Once the expansion has reached a point of exhaustion the Top Gun Pivot Indicator appears to advise traders the trend is very likely to be stalling or ending. Follow the rules to enter and exit each trade and your FOREX trading will be like watching a video game!