this is Mike from www.PerfectTrendSystem.com.
The purpose of these weekly setup announcements (Golden Setups) is that you can activate your V-Power EA, Double Top/Bottom Alerter and Double Top/Bottom EA according to the announced setups. You can use the setups as a guidance for your trading and you should still make your personal judgement.
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While we are waiting for the next 70+% high probability setup, I want to use the waiting time to explain what I call mini-bubbles. Mini-bubbles (and mini-crashes) are one of the best trading setups that I know!
I have also written a complete article on ForexFactory about mini-bubbles and mini-crashes.
A mini-bubble develops if there was a preceding upward trend AND THEN AN EVEN STRONGER UPWARD MOVE OCCURS. In the wyckoff cycle this strong upward move is called buying climax:
Here you can see where buying and selling climaxes can develop in relation to the wyckoff cycle:
A buying climax which takes out a relevant resistance level produces a highest probability sell opportunity!
A selling climax which takes out a relevant support level produces a highes probability buy opportunity!
In the following chart you can see the buying climax from the chart above, but this time the chart is more zoomed in.
You can clearly see that buying climax drove the price above the rising trend channel WHICH SCREAMS AT YOU THAT THE PRICE IS HIGHLY OVERBOUGHT (GOOD SELLING OPPORTUNITIES)::
I will keep you updated when new good setups develop.
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V-Power
We have published many high probability trading chances which you can use to trade with V-Power and Double Top/Bottom!
Therefore, activate your alert indicators (V-Power and DTB) and receive the signals in real-time! :)
Read everything here: Highest Probability Trading Setups (click here)
You can meet 900+ fellow traders in the private V-Power group where Thorsten and other experienced members discuss and announce setups every day.
V-Power can give you alerts in real-time or enter automatically for you into the announced setups while you are at your day job!
Read everything about V-Power and download the free version: V-Power Semi-Automatic Trading (click here)
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STME Setups
Maybe you didn't know that we also have a very active trading group which trades a trend based trading system called "Strong Trends with Magic Entries" (STME).
Our STME-coach Andro and experienced members are posting and discussing setups every day and educate you for free.
The STME group is one of the most active telegram groups where multiple live trade entries are posted every day, and you can join it here: Join The STME Group (FREE)
You can download the free version of the STME system and join the telegram group here: Test The STME System
By joining our telegram groups you will also benefit from many live trade announcements which the members often post in real-time.
Best regards,
- Mike Semlitsch
P.S. Do you know of anyone who's into trading? Then forward them this email.
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Schulstr. 37
66636 Tholey Saarland
Germany
http://www.perfecttrendsystem.com/
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