Hi

Is there such a thing as a perfect trade? Yes there is “after” the event. Not that you cant trade them at the time BUT there is always the risk of failure.
In PAT there is a sequence of “events” that will ALWAYS produce an outcome that we want to pay attention to. This is NOT to say it will always work out in our favor but nonetheless there will be a result. Lets take a look at this…

The sequence of events that I refer to here will not always be as clear as this. But it makes a whole lot of sense to explain something with a clear example rather than something that you have to decipher to then understand.

1. Turning volume.
   Turning volume is easy to spot as all we have to do is “wait” and see if the market turns. When I talk of a turn I am referring to the all important BELIEF bar in PAT. After the increase of volume at (1) we can clearly see the BELIEF bar steps DOWN. We can say then the EFFECT of this EVENT was to introduce some selling into the market. At this point it is NOT safe or (low risk enough) to take a short trade. We have to wait for the next EVENT to take place.
2. Continuation or “push on”
   This is a VERY important EVENT this tells us if there is likely to be COMMITMENT to any (in this case) down move. Notice that (2) has the all important increase in PAT volume. Even at this stage I say there is too much “risk” in selling the market. Yes I know hindsight is a wonderful thing and we can see that this sell “would” have worked out anyway. BUT we don’t deal in hindsight do we…..! What we need to see is another event and then to observer the OUTCOME of that event.
3. The TEST.
   This is the all important part. This is where the EVENTS (1 and 2) will be TESTED.  Number (2) volume pushed the market lower, BUT not before the market lifts back to TEST the “push on volume” To TEST the “resolve” of the market. It is at THIS point that you encounter the LOWEST risk trade possible. IF the test is a success then you will know almost instantly and you can sell on the test WITHOUT knowing the outcome (you NEVER can KNOW the outcome) When you sell on a test like this you can have a TINY stop loss because IF the test is successful then the market will fall. If the test fails then the market will rise. It is this TESTING that is going on ALL the time in ALL markets. Ah! you want to know if the test will succeed or fail? Of course you do, because to know this would be the Holy Grail and the only way you will every KNOW this is if you send $97.00 to one of the $97.00 “Secret sellers” that you will find all over the Internet.

   I trust you will not be so foolish to open your wallet.

   Have a great days trading and look out for the TEST. It will put gold into your pockets

In my online course you will discover for yourself the complete workings of the market. I explain this in such a way that YOU CANNOT FAIL to understand. If you then take this knowledge and apply it to the market your WILL achieve the success you desire. Check out the Online Trading Course

I am often asked “Why do you give away so much for free on your site, ie why do you explain trades for everyone to see?” Well its true I do give a lot away, you see I am not a $97.00 secret seller and I dont want $97.00 secret buyers. I like to work with dedicated people who are SERIOUS about trading success. The reason I show so much so openly is so that you KNOW what you are getting into when you come to PAT. You KNOW that this will take a little work on your part, BUT you know that I and others will be there to help you along the path.

PS
There is just one more reason why I give away so much………..I like to have a little “pop” at the $97.00 bandits and will do all I can to expose the nonsense and recycled garbage they push out onto you.