| How Does The Power Spike Swing Trading Strategy Work? - A Dynamite Stock Trading Strategy! |
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| Written by Kevin Butler |
| Thursday, 26 November 2009 05:04 |
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Would you be interested in a swing trading strategy that consistently earns mind-blowing profits?
Would you be interested in a swing trading strategy that consistently earns huge profits? I know just what you mean - in fact growing wealth and earning profits is the whole reason for trading stocks. And you can take advantage of exceptional profit opportunities by utilizing a solid swing trading strategy. ** I'VE GOT A SECRET FOR YOU... AND IT IS THIS: The Power Spike Swing Trading Strategy has hit Wall Street like a sledgehammer, earning huge profits for thousands of traders including myself. And it can do the same for YOU! A highly consistent swing trading strategy is one that is based on a strong technical pattern. And the Power Spike Swing Trading Strategy meets this criterion to a tee. It is a unique technical pattern that consistently delivers huge profits. ** YOU MAY BE ASKING, "WHAT IS A POWER SPIKE?" A power spike occurs when the volume of one day shoots to a level that far exceeds the volume of recent days. For one reason or another, the stock is being traded much more than normal. A power spike is important because it identifies a period of extreme emotional trading. People are getting into and out of this stock rapidly. And a strong surge in price is often produced from this high level of emotional trading (i.e. that's a fantastic trading opportunity!). A power spike predicts a strong price surge. The Power Spike Swing Trading Strategy was developed to trade this highly profitable technical pattern. And this technical pattern yields incredible swing trading opportunities that we can capitalize on. ** WHAT'S THE SECRET METHOD OF FINDING A HIGH PROFIT POWER SPIKE? It is this... Envelope Penetration. There's a simple method The Power Spike Swing Trading Strategy employs to find and identify a power spike: 1. Bollinger Bands are applied to the volume data. 2. When the volume exceeds the upper band, a power spike has taken place. 3. The strength of the power spike is determined by the percentage of the total volume that is seen above the upper band. *** WARNING *** ONLY TRADE POWER SPIKES WHEN A MINIMUM OF 15% OF THE TOTAL VOLUME OCCURS ABOVE THE UPPER BAND. Stronger power spikes have a better chance of a successful trade. So when you use The Power Spike Swing Trading Strategy you'll prefer trading the stocks showing the strongest spikes. When a power spike shows less than 15% penetration, it is weak and wouldn't be considered a good trading opportunity. Fortunately power spikes develop all the time in many stocks, so you'll always have plenty of strong spikes and opportunities to earn profits. The Power Spike Swing Trading Strategy is one of the most reliable and profitable opportunities anywhere, and thousands of traders are taking advantage of this technical pattern right now to earn superior returns. If you trade stocks, this is one powerful weapon for your arsenal. DISCLAIMER: This article is provided as information only and is not to be taken as financial advice. Get more details on The Power Spike Swing Trading Strategy now. Also get Kevin Butler's FREE Stock Trading Course The Master Plan to Successful Stock Trading & learn to trade like a pro. |