I always believed that the CLOSE of bar graphs was the best way to show the powerful predictive market dynamic. All the energy needed to further price movement was there, I felt.
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Wbprofittrader – Fear Factor Breakout Trading System
My PowerClose is your most powerful ally when it comes to recognizing and capitalizing upon the most powerful forces in the market, fear and greed. Fear Factor Breakout System. This specialized trading system will show you how to profit using the power of basic human emotions. They drive the price swings in any market and every time period – every day!!
I always believed that the CLOSE bar graph represented the powerful predictive dynamic of the market. The CLOSE was where I felt the greatest potential for price movement. This idea is a solid one. Energy is where fear, greed and other emotions come together. This is always the CLOSE of any bargraph.
Sample chart – Mexican Peso / USD 5 Min Chart. HeikenAshi Chart With ProfitTrader
The market traded and ended above or below congestion using a PowerClose Pattern. These are your trade entries. Our traders will learn how to spot these patterns at all times and how to place protective stop orders. These patterns are constantly changing and there is much to learn. Allow them to grow and then you can use the knowledge in our course to learn how to make these trades.
The following topics are covered by the Fear Factor Breakout System Courses include:
- Set up your charts
- Installing the Indicators
- The PowerClose
- Fear Greed
- The PowerClose Breakout System
- Looking for congestion patterns?
- Order Placement – The entry
- Order Placement – The Protective Stop
- Order Placement-Moving Protective Stops
- Order Placement – Money management ideas
- Order Placement – Profit Targets–The Exit
- Order Placement – The Reversal If the Entry Is Incorrect
- Conclusion PowerClose Breakout System
All markets have energy. Energy is located at the closing of each bar graph. I say everything that is known to every trader… is known at the close.
The PowerScalper was my first eBook. Trading The third Pillar of Success, Patterns is the PowerClose. The PowerClose dynamic shows that market moves always begin with a close to the direction of the expected price swing in all time periods.
Think of this – imagine a price swing that lasts for nine bars and that seven of the nine price bars made a higher closing price than their opening price … it’s obvious that by simply staying with the trend of higher closes that you can stay with the trade until the pattern of higher closes exhausts itself. These patterns can be seen in all markets and over every time frame. PowerClose Fear Factor Breakout System This book teaches you how to profit daily from this predictable market dynamic.
I will demonstrate the PowerClose using both video and photos. Fear Factor Breakout System. Although most videos are less than five minutes long, each video includes numerous chart examples to help you quickly grasp the main concepts. You want to become a better trader. Trades that are based on fear are a great way for you to consistently make money. In the futures markets there is a buyer for every seller… this is the open interest of a market. For every winner, there are also losers.
When you are on the winning side of a trade, it’s because of the fear of OLDER traders and the greed of NEW traders. Fear of missing out on this trade can also be a concern for new traders.
Example 15 Minute British Pound Currency Chart
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It’s time to put fear in your back pocket and capitalize on the trade setups where this fear is creating a potential profit opportunity and grab them with both hands!
Sample SP500 10 Minute Chart
Some traders get so scared of losing their money that they start to sweat the moment they place a trade. During a trade, they become a completely different person.
Most traders are not thinking about the money they could make… instead they are thinking about the money they can lose. Trading is not always about the money. Traders will try to exit prematurely if they are worried they might lose what they have earned. It’s been proven over and over by cold, hard statistics that traders will stay with a losing trade three times longer than they do with their winning trades. However, by simply understanding the key concepts in the Fear Factor Breakout System you can quickly put other trader’s fears to work for you by simply doing the opposite of what the vast majority of losing traders do – day in and day out.
Are you one of those traders who loses trades and shortens winning trades?
The Fear Factor Breakout System You can turn fear and greed around for your good, not against it!
This course will show you how to turn the tides and stay on top of winning trades for a much longer time than you think.
Also, you will learn how to close a trade when the market signals a high-Probability exit point
You’ll also learn how to stop losing trades, keep your trading capital and wait patiently for the next high.-Probability trade setup to occur.
You’ll feel more confident when you manage, place and manage your trades without worrying about destructive and unnecessary fears.
Example – 15 Minute Euro Currency – Our work looks for congestion, then a move above or below it with a CLOSE in that direction… We look for our ProfitTrader RedLine to turn in the same direction.
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Here’s what you’ll get in Wbprofittrader – Fear Factor Breakout Trading System
Wbprofittrader – Fear Factor Breakout Trading System : Sample
Course Features
- Lectures 1
- Quizzes 0
- Duration Lifetime access
- Skill level All levels
- Students 248
- Assessments Yes