Why Is “The Power Spike Swing Trading Strategy” So Popular Among Stock Traders?
THE stock market offers amazing opportunities to make money. In fact, can you believe that over FIFTY BILLION dollars change hands every day on the New York Stock Exchange?
It’s absolutely true. And you have unlimited opportunities to make huge profits out of this huge stream of cash using a solid swing trading strategy.
A swing trading strategy is used by professionals to locate big profit opportunities and make money. And stock traders across the country are raving about the Power Spike Swing Trading Strategy, making it a national phenomenon and a favorite for thousands of people just like you.
Why has so many traders fallen in love with this swing trading strategy?
** ADVANTAGES OF A WELL ESTABLISHED TECHNICAL PATTERN TRADE STRATEGY
A solid technical pattern is what produces consistency, reliability and profitability in a swing trading strategy. These patterns reliably predict how the price will react next and they can be identified on a stock chart.
The Power Spike Swing Trading Strategy was developed from a well established technical pattern called a “Power Spike”. A power spike is an event where the volume of one day is much stronger or higher than the average volume of recent days.
It is a moment in time where the volume spikes up and stands out from the recent volume.
This very high level of volume indicates a period of extreme emotional trading, people are leaping into and out of this stock very quickly. This is a time of impulsive trading.
As a response to the strong level of emotional trading, a big move in price frequently follows, making a terrific opportunity to use a swing trading strategy. Big spikes are an alert to big moves. The power spike is a big sign that a substantial price move is imminent.
** ABOVE AVERAGE STOCK TRADING PROFITS
One of the unique and outstanding features of the Power Spike Swing Trading Strategy is superior returns. The price move that follows a power spike is usually very strong and covers a large distance.
Trade profits are the product of price movement. And trades from The Power Spike Swing Trading Strategy quite often make double-digit profits very quickly.
High internal momentum is built due to the emotional trading that happens on the day of the spike event, and this momentum is released in the ensuing price move. This creates a price surge that often covers a large distance and moves rapidly.
The Power Spike Swing Trading Strategy is trusted and considered a favorite tool by a lot of traders because it consistently allows a trader earn incredible returns in a very short period of time. You’ll earn unbelievable profits very quickly.
And isn’t that exactly what we want?
** FINDING POWER SPIKES
How can one find and identify this highly profitable technical pattern?
There are many ways one can use to identify a power spike in order to use the swing trading strategy, but one method is considered the best. This technique utilizes a technical indicator called Bollinger Bands.
Bollinger Bands are placed on the volume data and a power spike happens when the volume penetrates the upper envelope.
The amount of the total volume that is seen above the upper envelope determines the strength of the power spike. More intense spikes raise the odds of a successful trade using the swing trading strategy.
I recommend you only consider a swing trading strategy in spikes where at least 15% of the total volume appears above the upper band. When you see less than a 15% penetration, the spike is considered weak.
Another advantage of this technique of power spike location is that it lets one rank and compare spikes in many stocks. A 46% penetration spike in stock “A” is better than a 25% penetration spike in stock “B”.
This method of ranking power spikes is a great way to make initial trade selections for your swing trading strategy.
*** WARNING *** A POWER SPIKE IS NOT A TRADE SIGNAL
A power spike is not a sign to dash into a stock trade. It isn’t the green light to pull the trade trigger. A trade signal will happen after the power spike happens, often within a few days.
Before investing funds you need to know which direction the expected move is likely to go and when you should pull the trigger and get into the trade. The way the price responds after the power spike occurs is what will answer these questions.
A great way to trade this incredibly profitable pattern is by following the Power Spike Swing Trading Strategy. It is a resource you should consider very seriously. Not many technical patterns can compete with the reliability and profitability the power spike gives you.
Are you ready to earn huge profits very quickly using a solid swing trading strategy?
Here’s more info on this truly great swing trading strategy:
[youtube:1VPqvpdv6Qs;The Power Spike Swing Trading Strategy;http://www.youtube.com/watch?v=1VPqvpdv6Qs&feature=related]
Learn more about The Power Spike Swing Trading Strategy, visit Kevin Butler’s site and you’ll get all the amazing details. FREE STOCK TRADING COURSE: Obtain The Master Plan to Successful Stock Trading and learn how to trade like a pro.
Processing your request, Please wait....
