Do You Trade Breakouts ? l Trade Chart Patterns Simple Indicators

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http://marketgeeks.com This video explains how to trade breakouts from triangle trading patterns. Many traders use advanced technical indicators that lag basic price. Technical chart patterns have no price lag.

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Do You Trade Breakouts ? l Trade Chart Patterns Simple Indicators

  1. 1. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  2. 2. WELCOME BACK ROGER SCOTT SENIOR TRAINER MARKET GEEKSPROFESSIONAL TRADING EDUCATION MARKETGEEKS.COMCopyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  3. 3. RISK DISCLAIMER: FUTURES & FOREX TRADING HAS LARGE POTENTIALREWARDS, BUT ALSO LARGE POTENTIAL RISK. YOU MUST BE AWARE OFTHE RISKS AND BE WILLING TO ACCEPT THEM IN ORDER TO INVEST IN THEFUTURES AND FOREX MARKETS. DONT TRADE WITH MONEY YOU CANTAFFORD TO LOSE. THIS IS NEITHER A SOLICITATION NOR AN OFFER TOBUY/SELL FUTURES OR FOREX. NO REPRESENTATION IS BEING MADE THATANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILARTO THOSE DISCUSSED ON THIS WEB SITE. THE PAST PERFORMANCE OFANY TRADING SYSTEM OR METHODOLOGY IS NOT NECESSARILYINDICATIVE OF FUTURE RESULTS. CFTC RULE 4.41-HYPOTHETICAL ORSIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENTLIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATEDRESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADESHAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OROVER-COMPENSATED FOR THE IMPACT, IF ANY, CERTAIN MARKET FACTORS,SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERALARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THEBENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANYACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TOTHOSE SHOWN. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  4. 4. 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 TECHNICALINDICATORS WHILE OTHERS PREFER CHART PATTERNS Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  5. 5. TECHNICAL INDICATORS CALCULATED USING MATHEMATICS AND STATISTICS COMPLETELY OBJECTIVE DIFFICULT TO CONFUSEMACD, MOVING AVERAGE, RSI, STOCHASTICS.. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  6. 6. TECHNICAL CHART PATTERNSVISUAL PATTERNS CREATED BY MARKET PRICES SOMEWHAT SUBJECTIVE BEEN AROUND FOR OVER 100 YEARS MORE POPULAR TODAY THAN EVER Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  7. 7. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  8. 8. ADVANTAGE OF CHART PATTERNSNO DELAY OR LAG BEWEEN SIGNAL AND PRICE NOTHING TO CALCULATE EVERYTHING IS VISUAL Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  9. 9. 3 DIFFERENT TYPES OF TRIANGLE PATTERNS SYMMETRICAL TRIANGLE ASCENDING TRIANGLE DESCENDING TRIANGLE Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  10. 10. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  11. 11. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  12. 12. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  13. 13. ENTRY RULESTRIANGLE TRADING STRATEGYCopyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  14. 14. TRADE IN THE CORRECT DIRECTION ASCENDING TRIANGLE = TRADE LONG SIDEDESCENDING TRIANGLE = TRADE SHORT SIDE Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  15. 15. SYMMETRICAL TRIANGLESPRIOR TO FORMATION TRIANGLE LONG TAKE LONG TRADES ONLYPRIOR TO FORMATION TRIANGLE SHORT TAKE SHORT TRADES ONLY Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  16. 16. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  17. 17. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  18. 18. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  19. 19. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  20. 20. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  21. 21. CALCULATING PROFIT TARGETSIDENTIFY THE HIGHEST POINT OF THE TRIANGLEIDENTIFY 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.
  22. 22. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  23. 23. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  24. 24. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  25. 25. THANK YOU FOR WATCHINGCHECK BACK WEEKLY FOR NEW VIDEOS VISIT US MARKETGEEKS.COM PROFESSIONAL TRADING EDUCATION Daily Trading Levels Daily Set Ups Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.
  26. 26. Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

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