Real-World Examples of Linda Raschke's Setups in Action

Linda Raschke's Setups in the Wild

Theory is one thing, but seeing Linda Raschke's setups in action is another. Here are some real-world examples of her strategies at work.

ideal solution on the ES 60-Minute Chart

In a recent uptrend in the ES (E-mini S&P 500 futures), the 14-period ADX on the 60-minute chart was consistently above 30. The price pulled back to the 20-period EMA, providing a classic ideal solution long entry. The stop loss was placed below the recent swing low, and the trade was profitable as the trend continued.

Turtle Soup on the Daily Chart of GOOGL

GOOGL made a new 20-day high and then closed back below it, triggering a Turtle Soup short setup. The trade was entered below the low of the signal day, with a stop loss above the high. The price then reversed, leading to a profitable trade.

Momentum Pinball on the 5-Minute Chart of NQ

During a strong uptrend in the NQ (E-mini Nasdaq 100 futures), the 3/10 oscillator on the 5-minute chart pulled back to the zero line, providing a Momentum Pinball long entry. The trade was profitable as the momentum continued to carry the price higher.