Do You Trade Breakouts

WELCOME BACK ROGER SCOTT

SENIOR TRAINER MARKET GEEKS PROFESSIONAL TRADING EDUCATION

MARKETGEEKS.COM

RISK DISCLAIMER: FUTURES & FOREX TRADING HAS LARGE POTENTIAL REWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OF THE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THE FUTURES AND FOREX MARKETS. DON'T TRADE WITH MONEY YOU CAN'T AFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TO BUY/SELL FUTURES OR FOREX. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE DISCUSSED ON THIS WEB SITE. THE PAST PERFORMANCE OF ANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. CFTC RULE 4.41-HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

TRIANGLE PATTERNS CLASSIC CHART PATTERN VERY POPULAR TRADING PATTERN APPLIES TO STOCKS, E-MINI’S AND ETF’S *DO NOT CONFUSE CHART PATTERNS WITH TECHNICAL INDICATORS *SOME TRADERS PREFER TECHNICAL INDICATORS WHILE OTHERS PREFER CHART PATTERNS Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

TECHNICAL INDICATORS CALCULATED USING MATHEMATICS AND STATISTICS

COMPLETELY OBJECTIVE DIFFICULT TO CONFUSE

MACD, MOVING AVERAGE, RSI, STOCHASTICS..

TECHNICAL CHART PATTERNS VISUAL PATTERNS CREATED BY MARKET PRICES SOMEWHAT SUBJECTIVE BEEN AROUND FOR OVER 100 YEARS MORE POPULAR TODAY THAN EVER

ADVANTAGE OF CHART PATTERNS NO DELAY OR LAG BEWEEN SIGNAL AND PRICE NOTHING TO CALCULATE EVERYTHING IS VISUAL

3 DIFFERENT TYPES OF TRIANGLE PATTERNS SYMMETRICAL TRIANGLE ASCENDING TRIANGLE DESCENDING TRIANGLE

ENTRY RULES TRIANGLE TRADING

STRATEGY

TRADE IN THE CORRECT DIRECTION ASCENDING TRIANGLE = TRADE LONG SIDE DESCENDING TRIANGLE = TRADE SHORT SIDE

SYMMETRICAL TRIANGLES PRIOR TO FORMATION TRIANGLE LONG

TAKE LONG TRADES ONLY PRIOR TO FORMATION TRIANGLE SHORT

TAKE SHORT TRADES ONLY

CALCULATING PROFIT TARGETS IDENTIFY THE HIGHEST POINT OF THE TRIANGLE

IDENTIFY THE LOWEST POINT OF THE TRIANGLE SUBTRACT THE LOWEST POINT FROM THE HIGHEST POINT ADD TO ENTRY ASCENDING TRIANGLE SUBTRACT FROM ENTRY DESCENDING TRIANGLE Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

THANK YOU FOR WATCHING CHECK BACK WEEKLY FOR NEW VIDEOS VISIT US MARKETGEEKS.COM PROFESSIONAL TRADING EDUCATION

Daily Trading Levels Daily Set Ups

Turn static files into dynamic content formats.

Create a flipbook