It might seem like any other ordinary market pattern, but if you read between the lines, you’ll see a lot is going on from point A to D. At point A, buyers aggressively buy low and push the market higher.. Then, at point B, the herds satisfied their greed glands, and sold their high positions for a profit. At point C, buyers once again get attracted by the new low price. This is about where you should enter your trade so you can ride on the bulls all the way to the D extension for max profit potential. Point D is when you take profit at the high, right before an inevitable market correction -- basically, when everyone who was late to the party is trying to profit, but you already have.... Click here for your copy of Trading Blueprint, with summaries of key trading concepts inside like the “A.B.C.D.” Pattern. This pattern is not only profitable, but it 's the basis for so many other patterns out there. And believe it or not, it’s so “basic” that you can stack other indicators on top of the “A.B.C.D”. pattern. For instance, the boxes in the image are Fibonacci Retracements. It answers the question, where “exactly” is the trend really going to move up? If you are not familiar with how to read Fibonacci Retracements, that 's ok… - The summary is, from left to right, the 1st zone tells you there’s a 90% chance for the trend to go to the 2nd zone.
- Once at the 2nd zone, there’s a 50% chance for the trend to go either way, so you don’t want to place a trade there… you want to wait a little bit until the trend reverses and crosses the red trendline into Zone 3.
- Zone 3 tells you that there is an 80% chance that the trend will keep going up, so you want to place your trade when the trend just enters into zone 3!
So with the Fibonacci Retracement, it tells me that I don’t place my trade exactly at point C, but a little up further ahead. Isn’t that amazing? This may sound confusing, but you'll understand it shortly.... Overall, if you like what I just showed you about the A.B.C.D. pattern... I go over it in more detail, plus other Forex tools, inside my Trading Blueprint. Click here for your copy of Trading Blueprint before the sale expires. James, Market Analyst P.S. Right now there we have reduced the price of this booklet, so please don’t miss your chance to grab it before the discount disappears. Click here for more information. |
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