Profitable Free Strategy
(PFS) via the Advance Japanese Candlestick Trading Report (AJCTR)
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,
although not shown on the below chart, this particular pattern
signal becomes more reliable when it occurs within a key s/r zone.
along with the fact that the pattern itself becomes a key s/r zone
for pattern signals that occurs after it.
Simply, if you
missed this pattern signal on Feb 16th Friday in the CME Russell
2000 Emini ER2...don't worry because
there will be another pattern signal that will occur within the
price range of this pattern signal.
However, most
likely it will be a reliable pattern signal from our
Swing
Trading Report (STR).
In addition, you should notice that volume and volatility was declining as
the price continue to rise. That particular type of price action is what
gets counter-trend traders into trouble because they associate low volume
with declining volume (there is a difference) or low volatility with
declining volatility.
If you don't know the
difference...please contact us and we'll explain it to you so to help
prevent one of the problems associated with counter-trend trading.
Trading Instrument: CME
Russell 2000 Emini ER2
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 either respond to
discussion forum at the above "price action reason" link or send email to
questions@thestrategylab.com
Also, to view the
archives of what we consider to be key market days along with the clues
associated with the key price action...click
here.
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.