Tuesday, March 13, 2012

major patterns:

major patterns --    Usually 3 bumps descending --  spaced out over 2 or 3 hours -- occur once or twice a day and result in major moves.

 Trading futures should be looking for the pocket aces patterns that produce the oversized moves.  

Seeking tops/bottoms is fools' game since the market could take hours or days before it actually falls. 

Seeking the PATTERN is the answer -- will result in worse entry but better results in terms of heat and time. 

 Find the pattern, and you've mastered the game.    Being early or late -- the pressure to 'try something' is what takes out lesser traders.

 You can only trade THE PATTERN. 

 Every other path leads to failure.

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