Pattern Trading Predicts Major Market Moves
Let’s begin with the exciting “Power Spike Pattern Trading System” by Kevin Butler. Not only did I thoroughly review the information contained in this program, but being a long time pattern trader, I decided to give this system a try. After all, how else could I recommend (or not) a trading method and not first take it for a test drive. Before we get to my results, let me tell you a little about the system.
By combining what I felt was a very clear explanation of the “technical indicators” of “volume,” “support” and “resistance” for choosing entry and exit points, with historical price patterns, Mr. Butler offers an easy to use system for selecting winning trades. He describes low-risk, high profit strategies and gives you precision money management tools that are needed to turn a small investment (less than $2,000) into a small Fortune.
Another key to the systems success is found in one very reliable pattern that predicts large moves in individual stocks and market index prices. With so little valid information available to the average investor regarding Pattern Trading, this system does an excellent job describing each pattern and exactly what you can expect from it’s direction and the most likely size of the move it will make.
Technical Analysis Exposed!
Mr. Butler has thankfully spared us the mumbo jumbo of “technical analysis” and confusing terms as he breaks it all down into easily recognized patterns that even a novice trader can understand and use profitably. In my personal experience as a pattern trader I can honestly say that, “options trading using chart patterns is the fastest and safest way to get rich in the stock market.”
I Used This System for a Full Six Months
Let’s take a look at the results I got using the “Power Spike System.”
UUP (U.S. Dollar Index) March 26 puts closed 1/8/09 …… + 38%
QQQQ (Nasdaq 100) Jan 30 puts closed 1/12/09 …… + 62%
XLF (Pro Shares Financial ETF) Jan. 13 puts closed 1/12/09 …… + 140%
SA (Seabridge Gold) May 15 calls bought 11/26/08, closed 3/10/09 …… + 124%
BBY (Best Buy) March 25 puts, bought 12/23/08, closed 3/6/09 …… – (45%)
FXY (Japanese Yen) March 104 puts, bought 12/18/08, closed 3/17/09 …… + 287%
VE (Veolia Environment) July 25 calls, bought 2/8/09, closed 5/11/09 …… + 62%
QQQQ (Nasdaq 100) May 29 calls, bought 3/12/09, closed 5/7/09 …… + 293%
MRO (Marathon Oil) July 30 calls, bought 3/13/09, closed 5/12/09 …… + 172%
K (Kellog Co.) April 40 calls, bought 3/23/09, closed 4/15/09 …… – (25%)
Aray (Accuray) May 5 calls, bought 4/16/09, closed 5/11/09 …… – (22%)
I tested the Power Spike Pattern Trader from January ‘09 to June ‘09. Take a look at these winning trades. Our total of all closed positions showed a staggering cumulative gain of 1086%.
Out of 11 executed trades I had 8 winning trades and 3 losers with the average percentage gain on winning trades + 147% and the avg losing trades – 30%.
The program is available as an electronic download for immediate access… Simply put, It Works!
Rating: **** (4 Stars)
