Street Smarts Linda Raschke Pdf Jun 2026
Capture a swift move in the opposite direction as trapped breakout traders are forced to liquidate their positions. 2. Anti (Trend Continuation / Momentum)
The "Anti" pattern is a momentum setup designed to capture a sudden, sharp move in the direction of the primary trend after a brief consolidation.
Street Smarts: High Probability Short-Term Trading Strategies by Linda Raschke and Laurence Connors is a 1996 manual focusing on actionable, low-risk trading setups for active market participants. The text details specific strategies, including "Turtle Soup" and "The Holy Grail," designed for consistency in futures and equity markets. You can access a version of the manual on GitHub .
The book is organized into specific, rule-based setups. The most famous include: street smarts linda raschke pdf
While primarily aimed at futures, the techniques are applicable to almost any timeframe or liquid market, including stocks and forex.
You enter a position just as the price begins to bounce off the 20 EMA in the direction of the original trend, with a tight stop-loss placed right below the recent swing low. 2. Turtle Soup
One of Linda's most successful strategies was her use of volatility breakouts. She would identify stocks that were experiencing high volatility, and then look for breakouts above or below a certain range. These breakouts often led to significant price movements, which Linda could capitalize on. Capture a swift move in the opposite direction
: Markets frequently break out past a recent high to trigger stop-loss orders, only to immediately reverse.
A Timeless Trading Guide for the Discerning Investor
Placed right below the swing low of the brief pullback. 3. Holy Grail The book is organized into specific, rule-based setups
The driving ethos behind Street Smarts is simple yet profoundly difficult for many to execute: .
Published in 1995, Street Smarts came out when electronic trading was still in its infancy. Linda Raschke was already a famous commodity trading advisor (CTA) and a top winner in the U.S. Trading Championship. Larry Connors was a researcher of market patterns.
For years, traders have searched for the elusive co-authored by Linda Raschke and Larry Connors.