This week, I want to share with you a chart pattern that the pro's use everyday to great effect. The chart pattern we will be looking at, is one of my favorites as it has a high reliability factor.
The chart pattern in this short video is well known inside the professional trading community. However, outside of the pro circle it seems to be shrouded in mystery.
In this new 3 minute video, I peel away the layers of mystery and show you step-by-step how you can personally benefit from this chart pattern that occurs in all time frames.
What's amazing to me about this chart pattern, is the fact that after over 3 decades of real world trading, it continues to repeat itself.
With that fact on our side, I think it's a safe bet that this chart pattern is likely stick around for the next generation of traders.
All the best,
although I am not trading s&p, but its important to press again and again on common chart patterns(as we always forget)
thankyou adam very much.
Adam, How significant is the divergence in the MACD correlating to the two tops?
Great video and input.
Any correlation between the SP500 and US Dollar Index? Any correlation between the SP500 and the EUR/USD?
TQ
Haneef
Does that mean we are going to 100
Michael,
Everything is possible.
I am looking for 500 on the SP, 5,000 on the DOW and 1,000 on the NASDAQ.
Thanks for your feedback.
Adam
Those Parabolics work well with a MACD
quite accurate! thank you, love this site