Mark Shawzin – The Pattern Trader
Most traders who try this fail. Why? Because it requires consistency.
To get the same result as the countless research papers published by data scientists (in peer-reviewed journals), you need to execute the strategy with the same consistency they did.
Your New Trading Strategy
This trading strategy relies on a layered approach. Each step in the approach has been scientifically tested. The results were all published in peer-reviewed journals. Here, with all the dogmatism of brevity, are the four steps.
This is a very High-Level overview. For a more detailed overview get our Free Training
01 – The phase
Using a scientifically verified governing pattern, it is possible to determine the direction the market is going to go in the next 12 months. This will determine which of the five phases the market is in right now.
02 – The pattern
Once you’ve identified the phase of the market, you need to locate a historical precedent – also known as a pattern – within the phase. You can even combine a number of patterns on one chart.
03 – The insurance bar
Once you have the governing pattern, and the intermediate pattern, you need to look for an insurance bar. This will tell you exactly where to enter the trade.
04 – The resting order
Now that you have the patterns and the insurance bar, you will place a resting order (also known as a pending order). This will let the market enter you into the trade when it’s good and ready.
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