InfoForex,Trading Week Recap by John Person

InfoForex,

Here's a solution to one of the major obstacles traders face! Making money in the markets gets incredibly tricky especially in trading ranges. Generally, there's multiple false break outs. I like to call them the pump before a dump. In candlestick analysis we call these "tweezer tops", "equal and opposite" patterns.

Stock traders, think back how many times have you seen a brokerage firm "downgrade" a stock after it's already declined only to watch it bottom out and rocket higher days later? Usually we see these market calls fade.

How do you take advantage of these conditions? The answer depends on several factors, like the time frame you are trading, the risk reward outlook, comparing short term trend against the longer term dynamics.

This last week we held an open house to our NEW live trade room format, we had numerous trades that took advantage of these tricky trades and false breakouts that amazed most of the traders. There are two rooms running simultaneously. The main room is geared towards Stock and ETF's and the Algo room is based on trades generated by the Algo 17 Extreme program. All in real time, that prints out the entry, the stop levels, the initial profit targets and the trailing stop levels.

Take a look at these four short videos that recaps all the trades, which includes a current short position in the ($SPY) and a long position in ($VXXB).

We had killer day trades in Emini S&PS' plus numerous day trades in Crude Oil, and the Euro FX currency.

What's nice about these videos, all the trades show the detailed P&L report for easy viewing, especially on day three and four with the $SPY and volatility ETN ($VXXB).

Regards,

The team at Personsplanet.com