P3 1/2 Special Report by Wendy Kirkland
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Description
P3 1/2 Special Report by Wendy Kirkland
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Description
For years traders asked me about a pattern that would show expected bearish movement of an equity. They wanted a pattern that was as clear and easy to follow as the P3 squeeze, but a pattern that could be used to buy puts and short equities. Finding this pattern was as elusive as a heat lightning playing among July clouds.
Finally in late 2013, I discovered what I had spent 3 years searching for and what traders were requesting. The P3 ½ pattern is as easy to spot as the P3 Squeeze pattern, but shows when an equity is getting ready to drop and not just slip down a little, but when it is ready to fall off a cliff.
This short pattern gives traders the opportunity to purchase puts or enter a short trade and then watch it flow through the pattern stages just like the P3 squeeze pattern. These stages indicate: entry, stop, second entry opportunity, when you can relax, and exit. With the addition of this pattern, you will be able to ride an equity up as the P3 squeeze pattern plays out and then know exactly when it is going to rollover for the next big price drop.
Short patterns have to be caught quickly because downward movement gathers momentum that escalates its speed. You want to know with certainty when to enter before the downward momentum starts, not try and catch the falling knife once it tumbles over the edge.
U.S. Government Required Disclaimer – Commodity Futures Trading Commission
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. All trades, patterns, charts, systems, etc., discussed in this advertisement and the product materials are for illustrative purposes only and not to be construed as specific advisory recommendations. All ideas and material presented are entirely those of the author and do not necessarily reflect those of the publisher or Tradewins.
Forex Trading – Foreign Exchange Course
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Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.