Steven Primo: A Simple Pattern That Signals A Trend Change

Date of issue: 11 July 2013. Speaker: Steven Primo. One of the best ways to gain consistency in your trading is to trade with the trend. But wouldn’t it be better to know when a trend has changed? Join Steven Primo, Former Stock Exchange Specialist and 36 year professional trader as he reveals – A SIMPLE PATTERN THAT SIGNALS A TREND CHANGE. In this presentation Steven will show you how to spot these trend changing patterns by displaying numerous chart examples in a variety of currency pairs. Mr. Primo's tools are extremely simple yet versatile, and can also be applied to trading any market, in any direction, and in any time frame. What You'll Learn Today A SIMPLE BUT HIGH PROBABILITY TECHNIQUE FOR SPOTTING TREND CHANGES IN THE FOREX MARKETS TECHNIQUE INDICATORS - 50-period sma - Outside Day Bar Pattern 2-Bar Pattern Outside Days re days where the chart bar is bot Higher and Lower than that of the previous day. How Is This Technique Implemented? Look for either bar of an Outside Day Pattern to touch the 50-period sma. Look for either bar of an Outside Day Pattern to touch the 50-period sma. This is your signal that a Shod Term Trend may be underway... But What Is The Trend Direction? FINE TUNING If the high or low of the Outside Bar is exceeded on the next bar, then the trend will most likely continue in that direction... CURRENT TECHNIQUE EXAMPLES Multiple Time Frames INDICATOR RECAP •50-period sma 'Outside Day Bar Pattern MY GOAL IS TO TEACH YOU HOW TO TRADE WITH THE SPECIALIST'S EDGE Points To Remember: This Is Not A Complete Strategy! Best Used as a Directional Tool Trade in the Direction of the Trend Apply to Any Direction/Any Time Fra FOREX MOMENTUM TRADER STRATEGY #4 COURSE • Immediate Online Course Access • Detailed Instruction (4 videos) • Entries, Exits, and Stops • 1 Year Trade Signal Alerts • 1 Year Weekly Trading Lessons • PDF's Of The Rules • Personal Email Access Author: Steven Primo