do you trade breakouts

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http://marketgeeks.com This video explains how to trade breakouts from triangle trading patterns. Many traders use advanced technical indicators that lag basic price. Technical chart patterns have no price lag.

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Page 1: Do You Trade Breakouts

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

Page 2: Do You Trade Breakouts

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

WELCOME BACK

ROGER SCOTT

SENIOR TRAINER

MARKET GEEKS

PROFESSIONAL TRADING EDUCATION

MARKETGEEKS.COM

Page 3: Do You Trade Breakouts

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

RISK DISCLAIMER: FUTURES & FOREX 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 FOREX 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 FOREX. 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 INHERENT

LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED

RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES

HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR

OVER-COMPENSATED FOR THE IMPACT, IF ANY, 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 PROFITS OR LOSSES SIMILAR TO

THOSE SHOWN.

Page 4: Do You Trade Breakouts

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TRIANGLE PATTERNS

CLASSIC CHART PATTERN

VERY POPULAR TRADING PATTERN

APPLIES TO STOCKS, E-MINI’S AND ETF’S

*DO NOT CONFUSE CHART PATTERNS WITH

TECHNICAL INDICATORS

*SOME TRADERS PREFER TECHNICAL

INDICATORS WHILE OTHERS PREFER CHART

PATTERNS

Page 5: Do You Trade Breakouts

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TECHNICAL INDICATORS

CALCULATED USING MATHEMATICS AND

STATISTICS

COMPLETELY OBJECTIVE

DIFFICULT TO CONFUSE

MACD, MOVING AVERAGE, RSI, STOCHASTICS..

Page 6: Do You Trade Breakouts

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

TECHNICAL CHART PATTERNS

VISUAL PATTERNS CREATED BY MARKET PRICES

SOMEWHAT SUBJECTIVE

BEEN AROUND FOR OVER 100 YEARS

MORE POPULAR TODAY THAN EVER

Page 7: Do You Trade Breakouts

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Page 8: Do You Trade Breakouts

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ADVANTAGE OF CHART PATTERNS

NO DELAY OR LAG BEWEEN SIGNAL AND PRICE

NOTHING TO CALCULATE

EVERYTHING IS VISUAL

Page 9: Do You Trade Breakouts

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3 DIFFERENT TYPES OF TRIANGLE

PATTERNS

SYMMETRICAL TRIANGLE

ASCENDING TRIANGLE

DESCENDING TRIANGLE

Page 10: Do You Trade Breakouts

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Page 11: Do You Trade Breakouts

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Page 12: Do You Trade Breakouts

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Page 13: Do You Trade Breakouts

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ENTRY RULES

TRIANGLE TRADING

STRATEGY

Page 14: Do You Trade Breakouts

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TRADE IN THE CORRECT

DIRECTION

ASCENDING TRIANGLE = TRADE LONG SIDE

DESCENDING TRIANGLE = TRADE SHORT SIDE

Page 15: Do You Trade Breakouts

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SYMMETRICAL TRIANGLES

PRIOR TO FORMATION TRIANGLE LONG

TAKE LONG TRADES ONLY

PRIOR TO FORMATION TRIANGLE SHORT

TAKE SHORT TRADES ONLY

Page 16: Do You Trade Breakouts

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Page 17: Do You Trade Breakouts

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Page 18: Do You Trade Breakouts

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

Page 19: Do You Trade Breakouts

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Page 20: Do You Trade Breakouts

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Page 21: Do You Trade Breakouts

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CALCULATING PROFIT TARGETS

IDENTIFY THE HIGHEST POINT OF THE TRIANGLE

IDENTIFY THE LOWEST POINT OF THE TRIANGLE

SUBTRACT THE LOWEST POINT FROM THE

HIGHEST POINT

ADD TO ENTRY ASCENDING TRIANGLE

SUBTRACT FROM ENTRY DESCENDING

TRIANGLE

Page 22: Do You Trade Breakouts

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Page 23: Do You Trade Breakouts

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Page 24: Do You Trade Breakouts

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Page 25: Do You Trade Breakouts

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THANK YOU FOR WATCHING

CHECK BACK WEEKLY FOR NEW VIDEOS

VISIT US

MARKETGEEKS.COM

PROFESSIONAL TRADING EDUCATION

Daily Trading Levels

Daily Set Ups

Page 26: Do You Trade Breakouts

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