My Forex Trading News Online

Sunday, November 29, 2009

What Is The Power Spike Swing Trading Strategy? - An Exceptional Stock Trading Strategy You Should Check Out!

By Kevin Butler

Are you seeking a swing trading strategy that delivers above-average profits?

Yes! I understand just how you feel - in fact trading stocks has one primary goal: to make money. And using a superior swing trading strategy allows you to skillfully extract money from exceptional, high profit opportunities.

** I HAVE A SECRET TO TELL YOU... AND IT IS THIS:

The Power Spike Swing Trading Strategy is turning Wall Street upside down, creating unbelievable trading profits for thousands of traders including myself. And it can do the same for YOU!

To be a swing trading strategy that is superior and highly successful, it must be developed from a strong technical pattern. And the Power Spike Swing Trading Strategy fits that definition, being developed from a solid technical pattern that consistently delivers huge profits.

** YOU MAY BE ASKING, "WHAT IS A POWER SPIKE?"

A power spike is an event where the volume of one day soars much higher than the volume of recent days. For one reason or another, the stock is being traded at levels that are far beyond the norm.

A power spike identifies a period of extreme emotional trading. People are rapidly getting into and out of this stock. And this intense level of emotional trading often produces a powerful surge in price (i.e. a terrific profit opportunity!).

A power spike is a sign that a strong price move is likely.

The Power Spike Swing Trading Strategy was created to trade this highly profitable technical pattern. And this technical pattern yields amazing swing trading opportunities that we can capitalize on.

** HOW CAN YOU FIND A HIGH PROFIT POWER SPIKE? Here's the secret...

Envelope Penetration.

The method The Power Spike Swing Trading Strategy employs to locate and identify a power spike is as follows:

1. Bollinger Bands are applied to the volume data.

2. When the volume pierces the upper band or envelope, a power spike has occurred.

3. The percentage of the total volume that is seen above the upper band is used to determine the strength of the power spike.

*** WARNING *** ONLY TRADE POWER SPIKES WHEN A MINIMUM OF 15% OF THE TOTAL VOLUME OCCURS ABOVE THE UPPER BAND.

Stronger power spikes increase the odds of a successful trade. So when you use The Power Spike Swing Trading Strategy you'll prefer trading the stocks showing the most intense spikes.

Weak power spikes, those with less than 15% penetration, shouldn't be considered a viable trading opportunity. However this swing trading strategy offers a huge benefit because power spikes happen every day in many stocks, so there are always plenty of strong spikes and opportunities to earn profits.

One of the most reliable and profitable opportunities available is found in The Power Spike Swing Trading Strategy and thousands of traders are taking advantage of this technical pattern at this very moment to make staggering returns. This is one proven pattern and a powerful weapon for your stock trading arsenal. - 23314

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