Forex Trading Pattern - Part 2


by Mac X - Date: 2008-07-15 - Word Count: 437 Share This!

I know exactly what I am going to do if the market gets there.  Now all of that gets distilled every day in a three and a half to four and a half minute video where I go over what I just went over inside a twenty minutes.  I condense it down to about four minutes.  I give you all of the details where I am looking to get in; where I am looking to get out, areas that I see on the chart.  If I think it is a big move, I will let you know; hey, I will probably be hanging on to this thing for a bigger move.

If I think it's going to be a fast move or if I think it is going to be a highly risky trade, I will let you know all of that as well.  In fact, right now you can see here is another pattern starting to build.  This is outside what I would call the normal sweet spot so I wouldn't be taking this trade personally.  You can see here is another pattern indicating that the big money is starting to make a decision.  They're building pressure in the market.  This is a pennant pattern.  This is highly, highly reliable. It is easy to identify and it is also easy to plan ahead for.

So we may see the market break down.  We may see it break up.  In the end, it really doesn't matter because we can make profits either way.  So let me go ahead and return back to normal.

That was another breathless example of the twenty minute process for getting to analyze the market.  If that seemed like gibberish to you and if you are maybe panicking; remember at the very beginning of this, I talked about accelerated learning.  If you are confused about anything that I said; if it seemed like I was going a millions miles an hour and I was talking in Greek to you and none of that made sense, realize this; you can learn this stuff very, very fast.  I don't care if you are six, sixteen, sixty or ninety-four.  I don't care how old you are.  In a very short amount of time; literally in five days, you can get all of the basics that I just went through into your mind.  Then you can log onto the website which literally takes thirty-two seconds.  You can get on, watch the video and then see my game plan where I distill all of that analysis down into very easy to digest four minute video and use it for yourself.


Related Tags: forex trading, forex market, trading the forex, forex investor, mac x, the insider code

Mac X is recognized as a www.theinsidercode.com">forex expert trainer, forex trader and author of three best-selling forex trading books and Home Study Courses including "How To Get Filthy Stinking Rich Trading The Forex" book and Home Study, "How To Trade The Harmonics of The Foreign Exchange Markets". Mac X has trained over 1,300 students in large forex seminars, one-on-one and small groups. Read Mac's Forex Blog for more Forex Trading information at TheInsiderCode.com.

Your Article Search Directory : Find in Articles

© The article above is copyrighted by it's author. You're allowed to distribute this work according to the Creative Commons Attribution-NoDerivs license.
 

Recent articles in this category:



Most viewed articles in this category: