Monster Market Movers

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Marshall Franklin
5 years ago
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1 Monster Market Movers Prerequisite Manual Better Trades Coach Robert Roy

2 Neither Mastermind Traders or any of its personnel are registered broker-dealers or investment advisers. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing or illustrating. Because I consider the securities or positions appropriate to the discussion or for illustration purposes does not mean that I am telling you to trade the strategies or securities. Keep in mind that we are not providing you with recommendations or personalized advice about your trading activities. The information we are providing is not tailored to any particular individual. Any mention of a particular security is not a recommendation to buy, sell, or hold that or any other security or a suggestion that it is suitable for any specific person. Keep in mind that all trading involves a risk of loss, and this will always be the situation, regardless of whether we are discussing strategies that are intended to limit risk. Also Mastermind Traders personnel are not subject to trading restrictions. I and others at Mastermind Traders could have a position in a security or initiate a position in a security at any time.

3 Technical Patterns

4 Technical Patterns In Monster Market Movers we will look for various technical patterns. Some of these patterns will be more commonplace than others. We will look at some very predictable and repeatable patterns and possibly some uncommon patterns. We will discuss the entries and exits for the various patterns along the way. As for specific exits and GTC s ultimately, you as the trader will make the final decision as to your own personal risk tolerance in a specific trade.

5 Breaking Down The Moves Technical Patterns Line Patterns Double Tops & Bottoms Head and Shoulders (Tops & Bottoms) Wedges Candle Patterns Rising Three Falling Three Morning & Evening Stars Doji Engulfing Etc.

6 Breaking Down The Moves Technical Patterns Stocks at Support & Resistance Bouncing off of a level Approaching a level Channeling (Bullish & Bearish) Technical Formations Fibonacci Pivot Points Etc. Other potential trading patterns to use

7 Additional Technical Patterns

8 Head & Shoulders Tops & Bottoms Identifying A Head & Shoulders Top Pattern The stock increases in price before running out of steam (Forming the left shoulder) It heads back down and reverses back up forming a higher high than the high to the left (Forming the head) The stock moves back down and puts in another bottom and moves back up again (Forming the right shoulder) Entry Point Connect the two lower points together to (Forming the neckline) Once the stock breaks the neckline a trader could consider entering the trade at this point. Notes See the example on the next page The rules for Head & Shoulders bottoms are reversed

9 Head & Shoulders Top

10 Double Tops & Bottoms Identifying A Double Top Pattern The stock increases in price before running out of steam (Forming the left top) The stock moves back down forming the valley Next it reverses back up forming a high near the previous high to the left (Forming the right top) The stock moves back down Entry Point Draw a horizontal line at the valley (sometimes called the neck or neckline) Once the stock breaks the neckline a trader could consider entering the trade at this point. Notes See the example on the next page The rules for double bottoms are reversed

11 Double Top

12 Rob s Candlestick Cheat Sheets

13 Rob s Candlestick Cheat Sheet Below are a few of the highest reliability candlestick patterns traders look for. It is important to note that some patterns will present themselves more often than others. The goal of these Cheat Sheets is for you to be able to make a quick determination of a high probability pattern setting itself up. For success candle patterns you need specific details on how the patterns work. You should research each pattern you wish to trade in depth. Rising Three Abandoned Baby Bullish Pattern Continuation Trend Bullish Trend Bullish

14 Rob s Candlestick Cheat Sheet Morning Doji Star Three Inside Up Trend Bullish Trend Bullish Three Outside Up Three White Soldiers Trend Bullish Trend Bullish

15 Rob s Candlestick Cheat Sheet Abandoned Baby Bearish Evening Doji Star Trend Bearish Trend Bearish Falling Three Method Three Black Crows Pattern Continuation Trend Bearish Trend Bearish

16 Rob s Candlestick Cheat Sheet Three Inside Down Three Outside Down Trend Bearish Trend Bearish Keep in mind this is a sampling of some of the higher reliability patterns. There are other patterns that a trader should learn to recognize after these have been completed.

Technical Analysis. Prepared by: Mr. SOUR Ramo

Technical Analysis. Prepared by: Mr. SOUR Ramo Technical Analysis Prepared by: Mr. SOUR Ramo 1 Contain 1. Introduction 2. Candle Chart 3. Trend Analysis 4. Pattern Analysis 2 1.Introduce 1.1 What is Technical Analysis? Technical analysis is a tool