Exponential upswings in price will reveal their built-in limitations to those 'in the know'.
By George R. Harrison
Back on April 27th we showed how using one of our trading methods called 'The Stairway Trading Method' could have revealed an ideal early BUY price for what became a monstrous upswing in the market known as Bitcoin.
Once the upswing started to take off, an additional and very valuable course called 'The Exponential Trading Method' could have been called into play.
'Exponential' is built especially for volatile, fast-moving markets nearing their tops or bottoms. It's specialty is to catch these reversal points before almost any other method in existence.
It certainly accomplished that with the Bitcoin market by giving a signal to exit before this market pulled back over $500 in price.
The important lesson here for our clients and visitors is to observe how well two or more of our special trading methods can work together to accomplish the goal of maximum profits and minimum risk.
I'd add another comment as well.
A Market is a Market. Profit is the name of the Game and, as long as there's adequate volume to sustain entries and exits immediately and reasonable spreads on the bid & ask prices, there's no reason to ignore opportunities when they arise even if the market seems 'exotic' or unfamiliar.
Does the fact that I've focused on Bitcoin here mean that I think that this market will last forever and replace Gold? No, it doesn't.
But, when Opportunity presents itself by analyzing a market according to the above mentioned criteria and our special course methods, one should opt to take advantage of the opportunity however short-lived the time frame may be. Profit is profit. However, one must always use money management and loss control as the first priority.
Opportunity-spotting is just what methods like 'Stairway', 'Excalibur', 'Exponential'. 'Trader's Moon and our other courses are all about. They take the 'noise' of market price confusion and filter out the meaningless data and, better yet in my opinion, they teach you how to do this apart from a computer or the chains of specialized software which you don't understand.
With our Courses you will learn an extremely valuable and powerful SKILL that will last and serve you for a Lifetime.
Are you ready? Are you seriously interested in learning some of our unique trading techniques? Then take a few moments to E-mail me HERE. The new Catalog of our offerings is now available.
The steep angle of the gains means we can expect a good pull--back over the next few days.
By George R. Harrison
The latest surge in up-swinging EURO prices is likely to take brief pause for at least a few days and pull back down in price a bit
There's presently a strong price support at the 1.1050 level which should hold as long as the latest price trend momentum is in place.
Should prices break below 1.1050, then, price trend can be expected to go lower for a week or more.
Seriously interested in learning some of the unique trading techniques offered here?Then take a few moments to E-mail me HERE. The new Catalog of our offerings is now available.