Long description
"After studying the markets for 20+ years, I have come down to these 7 patterns as the key predictors of direction, in any market...if you confirm your entries with these simple patterns, you'll be light years ahead of the average investor."-Ed Downs, CEO and Founder,OmniTrader by Nirvana SystemsIt's a fact: The most successful traders use technical analysis and chart patterns almost exclusively. Why? Because chart patterns work. They consistently-and accurately-help determine when to get in and out of the market for maximum profit-taking and loss avoidance. But which patterns should you use? Which are the most effective?OmniTrader founder Ed Downs now reveals the 7 best choices in his concise, powerful new booklet. Downs cuts to the chase, paring the list down to the most potent, consistently on-target chart patterns you need to know-whether you're an active trader or occassional investor.Plus-Downs shares simple, surefire steps for...-;Determining market direction- Recognizing-and benefiting from-winning chart patterns- Mastering money management techniques-including setting Profit Targets, Stop Loss levels and Risk:Reward ratios for every trade- Making Support & Resistance, Trendlines, Gaps, Fibonacci Retracements-and other amazing technical analysis tools easy to implementIt's a compact, to-the-point guide from the award-winning OmniTrader developer.