Nathan Michaud's ABCD setup has made Investor Underground subscribers a lot of money over the years and it provides well-defined risk and high potential reward. First of all, this is a long intraday setup that features an initial spike to the high of the day (A), followed by a pullback. Once the low is in (B), it's important to follow the price action closely and wait for signs of strength. The stock should set a higher low (C) on the next dip lower and once this higher low is in, a long position can be initiated, risking off of the initial low (B) that was established after the large pull. Ideally, the stock will retest the HOD (A) and breakout, allowing you to lock in profits along the way. If you would like more in-depth training on the ABCD trade setup, check out Nate's trading video courses included in the members' area.