3 Price Patterns & 3 Steps for Trading Success

The markets can be very chaotic for a new trader, and there’s no wonder why…

• Lots of different markets to trade
o E-Mini: ES, YM, TF, NQ
o Currencies: Euro, Pound, Yen
o Commodities: Gold, Crude Oil, Corn, Wheat
o Fixed Income: Bonds & Notes

• Different Times to trade:
o US Session, Euro Session, Asian Session…which is best?

• Different levels of support & resistance
o The list goes on…

With all of this to learn you can imagine how hectic a new trader must feel. For that reason we developed 3 steps to improve your trading success. How is that? You may ask, well it’s as easy as 1…2…3

Step #1: Identify the Patterns Set-Ups at Important Price Levels

Finding the Price Levels:

Price levels are located for us automatically using our proprietary indicators, such as the auto-levels Indicator, which makes these levels VERY easy to locate.

Assuming we have our levels properly identified with our indicator, we then watch for these simple patterns around these levels.

Step #2: Watch for these 3 simple Price Patterns

Wave Pattern Set-up
• Trend-Continuation Pattern
• Watch for the Trigger-Line to make new Highs/Lows to take trade.
• 80% Winning Ratio

The Wave Set-up is a trend-continuation pattern that works best on trending markets. This entry pattern looks to capitalize on a moving market, look for Swing-Highs & Swing-Lows as well as a steep slope to our Trigger Line for entry.

Step #3: Beware taking Wave Set-Ups in low volume, or sideways markets, as it has a tendency to reverse direction.

Breaker Pattern Set-Up:
• Trend-Continuation Pattern
• Watch for the Swing Indicator to mark our Swing-High/Low levels for entry
• 85% Winning Ratio

The Breaker Set-up is a trend-continuation pattern that works best on Sideways & Trending Conditions. This entry pattern looks to capitalize on a moving market, look for Swing-Highs & Swing-Lows around the major levels of Support & Resistance which are market for you automatically using our AUTO-LEVELS INDICATOR.

Tip: Beware taking Breaker Set-Ups in the CHOP ZONE & around low volume times in the market.

2-Step Pattern Set-Up:
• Counter-Trend Pattern
• Watch for the Swing Indicator to mark our Swing-High/Low levels for entry
• Profits taken slightly tighter b/c of Counter-trend pattern
• 75% Winning Ratio

The 2-Step Set-up is a counter-trend pattern that works best on Sideways markets. This entry pattern looks to capitalize on a choppy market, look for Swing-Highs & Swing-Lows marked with our swing indicator to identify your entry.

Don’t forget! You need to see follow-thru to confirm your entry.
Beware taking 2-Step Set-Ups without identifying the Short term Trend, because this pattern should be taken against the trend, looking for a reversal in price action.