|
PureBytes Links
Trading Reference Links
|
To: undisclosed-recipients@xxxxxxxxxxxxxxxxxxxxx
Subject: A Classic Larry Williams Trading Pattern
From: "Steve Moore" <sales@xxxxxxxx>
Date: Tue, 24 Apr 2001 15:58:36
Importance: Normal
As part of a real-time trading seminar on April 17, Larry Williams
revealed a short-term trading pattern that explicitly triggered an
aggressive long S&P futures position the day before the Fed cut
interest rates and the Dow Industrials exploded 400 points.
Larry became a trading legend at least in part by doing his
research, discovering market patterns, and boldly executing such
high-percentage trades. As he further discussed this specific
pattern with us, and we performed our own computerized tests, we
were amazed by the actual trading results it generated.
We were so impressed, that we asked Larry if we could share this
pattern with our subscribers and guests. Below you will find, in
Larry's own words, an explanation of the pattern, its setup, and
its execution.
Exclusive to Moore Research Center, Inc.
THE PATTERN THAT FORECAST THE RECENT 400 PT DOW UP MOVE
by Larry Williams
The April 18th blast off in the stock market was not as
unpredictable as many are saying.
This case in point comes from actual trading, not figuring it out
after it happened. During a real time trading seminar in Shanghai,
China, I went long 6 full size S&P contracts at a price of 1193.50
on 4/17/01 based on a pattern I have used for years. Again, this
was in actual trading; this is not hindsight, the most common form
of vision in this business.
Since the S&P began trading the pattern has occurred 27 times, in
each instance short term traders were able to profit. Yes 27
trades, 27 winners. The exit strategy is to get out on the first
profitable open with a dollar risk stop.
Now, here's the pattern itself:
To begin, I only take this trade, tomorrow, if today is Monday,
Thursday or Friday. Those are my set up days as many notable
rallies have taken place the next day.
The pattern is simply an inside day (one that has a lower high and
higher low than the prior day), the direction of the close of the
inside day does not matter. But, I do want the close of the day
before the inside day to close higher than the opening of that same
day.
In essence, we have an inside day following an up close day,
suggesting the market may be catching its breath before another up
day.
If the opening, the day following the inside day, is lower than the
high of the inside day as well as the high of 2 days ago, I then
buy on a stop at the high two days ago.
Examples you may want to study are:
04/25/83-12/10/84-10/19/92-05/12/97-06/3/97-07/14/98-04/17/01
THERE ARE MANY MORE PATTERNS LIKE THIS!
I will hold another real time trading seminar including a
Million Dollar Challenge, May 28-31 in Southern California.
I will actually trade a $1,000,000 account and give attendees 20%
of the profits. The above pattern is one I have taught at these
seminars in the past. In addition to the best patterns, I will also
teach three effective day systems that are mechanical and precise.
To reserve your seat and learn even more of my patterns
and trading techniques, call 1-800-800-8333 or (858) 756-0421
and visit: http://www.commoditytiming.com/events.htm
Sincerely,
Larry Williams
Copyright 2001
For an enhanced html version, visit: http://www.mrci.com/lwilliams.asp
P.S. You are receiving this message because at one time or another your
e-mail address was registered in the guestbook on the MRCI website. If you
wish to be removed, simply reply to this message with REMOVE in the
subject line.
|