Description of The 7 Chart Patterns That Consistently Make Money
It's a fact: The most successful traders use technical analysis and chart patterns almost exclusively. Why? Because chart patterns work. They consistently - accurately - help determine when to get in and out of the market for maximum profit - taking and loss avoidance. But which patterns should you use? Which are most effective?
OmniTrader founder Ed Downs now reveals the 7 best choices in his concise, powerful new booklet. Downs cuts to the chase, paring the list down to the 7 most potent, consistently on-target chart patterns you need to know - whether you're an active trader or occasional investor.
Plus - Downs shares simple, surefire steps for:
- Determining market direction
- Recognizing - and benefiting from - winning chart patterns
- Mastering money management techniques - including setting Profit Targets, Stop Loss levels and Risk : Reward ratios for every trade
- Making Support & Resistance, Trendlines, Gaps, Fibonacci Retracements - and other amazing technical analysis tools easy to implement
It's a compact, to - the - point guide from the award-winning OmniTrader developer.