You see, in my Safety Net column and in The Oxford Income Letter, I lean heavily on fundamental analysis. I look at metrics like income and cash flow to determine a company's ability to maintain its dividend, and I also study the competitive environment to gauge stocks' likelihood of rising. This is often the best way to look at a stock's viability for the medium to long term - and it's a skill I honed while working at the contrarian firm Avalon Research Group. But when I started my career as an assistant on a trading desk, executing trades and watching the "tape" for trends, I needed to find a way to help make sense of all the data flying across my screen. Thus, I began to rely on technical analysis and chart patterns. Now I can't imagine trading without them. Using chart patterns is the perfect strategy for anticipating a stock's short-term movements. A few of my favorites include... - The bull flag pattern
- The head and shoulders pattern
- Ascending channels.
But what most people don't realize is that there are inverses of these patterns that allow you to take advantage of downturns in share prices too: - The bear flag pattern
- The inverse head and shoulders pattern
- Descending channels.
If you can master just a few simple chart patterns - and their inverses - you can produce results that are unthinkable for most investors. In fact, so far this year, I've used various chart patterns to produce 16 triple-digit winners for subscribers to my VIP Trading Research Service Technical Pattern Profits. But I think that's just the beginning... YOUR ACTION PLANAs a market technician trained to uncover patterns in the markets, I've devoted over 20 years to finding the best way to make income outside the norm... And today I'm revealing the most reliable pattern I've seen in 25 years of trading. I'm calling it "The Samurai Code" because it's a 300-year-old Japanese Trading Secret that's predicted EXPLOSIVE stock moves with stunning accuracy. Click here to unlock this Samurai Code. |
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