Posted: January 23rd Tuesday @ 6:12pm est 2007

Profitable Free Strategy

We highly recommend you take advantage of our offer to allow free access to the profitable strategy that produced the pattern signal that's discussed below especially if you trade either the Emini Futures, Eurex Futures, Euronext Futures, EuroFX EC Futures, Treasury Futures, NYMEX Futures, COMEX Futures, Hang Seng Futures, Forex or Exchange Traded Funds.

With that said...the Dark WRB that occurred four intervals earlier, helped setup the bullish pattern signal as it easily reached a WRB pt3 level as it moved into the 10am est Leading Indicators key economic report.

However, soon after, the price action became choppy even though it was not threatening the trailing stop that was sitting a few ticks above the pattern signal price of 12522.00

Then around 11:04am est, a volatility spike occurred that maintained itself to setup one more volatility spike before 12noon.

The remainder of the trading day was mainly just trade management of the position and possibly adding to the position around 2:48pm est when a Bullish Engulfing pattern appeared. 

Trading Instrument: CBOT mini-sized Dow YM Futures

Price Action Pattern source: Advance Japanese Candlestick Trading Report (AJCTR)

Click on chart to view actual size

If you have any questions about either the price action involving the pattern signal or the pattern signal itself...

You can send email to questions@thestrategylab.com

Disclaimer: The above chart in the key chart stories is for illustration only and they represent trades (real money or simulator) of those traders that have access to either our special free strategy, trading reports or trading manual.

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