Master Trader – Learn to Recognize and Profit from Failed Patterns
Candlesticks convey different messages of supply and demand that form recurring price patterns that signal those prices future direction.
We read those messages and trade high-probability setups using those patterns of candlesticks in multiple time frames.
But what do you do when the pattern fails – both for limiting losses in the current position plus in profiting from the Failed Pattern?
Master Trader Technical Strategies uses failed patterns in multiple ways for trading stocks, options, and ETFs
Very often patterns will fail and confound traders’ expectations.
Other times the failure itself can fail, thus forming a second entry, which is considered as a more advance setup. In the mini course, we will cover different types of failure.
What You’ll Learn In Recognize and Profit from Failed Patterns
- How to recognize how, when and why patterns fail
- Our favorite Failed Patterns to trade, including Breakout Failures, Shakeouts, Measured Moves, and more
- The psychology behind the patterns, including how to read the messages on smaller time frames
- Watch us scan for new trade setups and discuss what to look for to trading them
- Master Trader Strategies (MTS) applies to trading or investing in any Index, ETF, Currency or Commodity in any time frame
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