High Probability Reversal Patterns for the Forex Trader

High Probability Reversal Patterns for the Forex Trader 
English | SWF | 589MB 
Genre: Forex, eLearning 
 
Dear Forexmentor Trader, 
Big money on the forex is often made on major trend reversals. 
An astute trader's able to accurately predict the imminent tops and  bottoms of his/her favorite currency pair... and patiently wait to cash  in. 
Pattern traders often refer to reversal patterns as "leading indicators". 
As a a professional discretionary trader, Chris Lori takes the majority of his Forex trades using these pattern methods. 
 
It is vital for you to master and be totally confident in recognizing  and trading these reversal patterns. To help you, our resident pro  trader, Chris Lori has compiled this new and exciting educational  resource for the Forexmentor members. 
 
“I ache to see how so many Forex day traders get caught up in momentum  systems. If they like indicators, that’s fine, but it is very important  to understand range and volatility. Momentum traders “chase price,”  while pattern traders hit it head on and usually take first profit  before the momentum trader gets their four confirmations before getting  in, only to find price pull back and stop them out.” - Chris Lori 
 
In this audio/video course, Chris shares six of the most effective  reversal patterns that occur frequently in the Forex market. Three of  these techniques are Chris’ own unique findings. They deal specifically  with high probability patterns and characteristics in the forex market  and can be traded on all timeframes from 5-minute to weekly charts! 
 
In addition to the six patterns, Chris has included a special bonus in  which he shares with you the specific tools he uses to predetermine the  pattern probability and potential. 
 
Because a pattern without guidelines is all after-the-fact! 
 
Chris will show you how to use Fibonacci time and price analysis to help  you see in advance (that’s why patterns are called “Leading  Indicators”) where to enter a trade, so you know IN ADVANCE where price  may bounce! 
 
Here's a List of Reversal Patterns we will cover: 
 
Pattern #1. “Triple B” Reversal – This is one of Chris’ own discoveries.  It is a unique formation that occurs following a steady trend. It is a  true indication of overbought/oversold, because it is distinctly  reflected in PRICE ACTION (not an indicator) and uses Fibonacci  applications to find low risk entries 
 
Pattern #2. The “Rip Tide” Reversal – One of his favorites, because it  can pay quickly, Chris and his former fund manager partner discovered  this one trading GBP. It considers specific previous dealing points and  Fibs while combining daily range and volatility to pick the entries. 
 
Pattern #3. Head and Shoulders – Now we know everyone in trading knows  this one AFTER THE FACT. The key to trading this pattern is to get in at  the tip of the right shoulder and take some profit BEFORE the neckline,  while keeping some for the follow through. Chris shows you distinct  characteristics to look for to find your ideal entry at the height of  the right shoulder. 
 
Pattern #4. Lori P38 Reversal – This pattern is found in unique key  reversal scenarios and is less common. Following a key reversal move,  this pattern gets you into the second leg, which is often a substantial  move. 
 
Pattern #5. The Gartley Pattern – This is an age old Fibonacci based  pattern that can present itself in many forms. This pattern can seem  very complicated or difficult to find, Chris simplifies it and shows you  exactly what to look for using key visual aspects involving Fibonacci  retracement and extension levels, along with range, in some cases. As  there are many variations of this pattern, Chris makes this pattern  simple. 
 
Pattern #6. The Butterfly Pattern - Discovered by Larry Pesavento, this  is a more advanced high probability false breakout pattern that Chris  has added to the course for those who have the interest to diversify  their pattern trading opportunities. It is probably one of the most  profitable patterns in trading.
Download
http://www.filesonic.com/file/364177141/fxmhprp.part1.rar 
http://www.filesonic.com/file/364177361/fxmhprp.part2.rar 
http://www.filesonic.com/file/364177521/fxmhprp.part3.rar 
http://www.filesonic.com/file/364177061/fxmhprp.part4.rar
 
        



 
 High Probability Reversal Patterns for the Forex Trader
				High Probability Reversal Patterns for the Forex Trader
			


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