Why Do Stock Traders Love “The Power Spike Swing Trading Strategy” So Much?
THE stock market provides amazing moneymaking opportunities. In fact, isn’t it amazing that over FIFTY BILLION dollars change hands every day on the New York Stock Exchange?
It’s true. And this huge river of money creates a lot of opportunities to make exceptional profits.
A swing trading strategy is utilized by professionals to identify 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 do so many stock traders go crazy over this swing trading strategy?
** ADVANTAGES OF A SOLID TECHNICAL PATTERN TRADE STRATEGY
Proven technical patterns are the foundation for a consistent, reliable and profitable swing trading strategy. These patterns can be found on a stock chart. They reliably predict what the price is going to do next.
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 the recent past.
On one particular day the volume shoots up and stands out from the volume of surrounding days.
A moment of extreme emotional trading is what makes a power spike; traders are jumping into and out of a stock very quickly. This is a time of impulsive trading.
A strong move in price frequently occurs as a response to the extreme level of emotional trading. The power spike is a well established alert that a strong move is about to happen.
** AMAZING STOCK TRADING PERFORMANCE
One of the awesome features of the Power Spike Swing Trading Strategy is exceptional returns. The price move that happens after a power spike is frequently very strong and covers a large distance.
Price movement is what becomes trade profit. And a trade using The Power Spike Swing Trading Strategy often yields double-digit profits very quickly.
The high emotional trading occurring on the spike day builds internal momentum that is released in the price move. As a result, the price will cover a large distance and move very quickly.
The Power Spike Swing Trading Strategy is trusted and preferred by a lot of people because it consistently lets one make exceptional returns really fast. You’ll earn outstanding profits very quickly.
And isn’t that precisely what you want?
** DETECTING POWER SPIKES
You want to quickly and easily locate this highly profitable technical pattern, am I right? How can this be accomplished?
There are several ways you can use to locate a power spike in order to use the swing trading strategy, but one method is considered the best. This method uses a technical indicator called Bollinger Bands.
Place Bollinger Bands to the volume data. In an event where the volume penetrates the upper band a power spike has occurred.
Power spike strength is determined by calculating how much of the total volume is present above the upper band. The odds of a successful trade become higher with the strength of the power spike.
It is suggested that you only consider a swing trading strategy in spikes where at least 15% of the total volume appears above the upper band. When you find less than a 15% penetration, the spike is classified as weak.
Another advantage of this technique of power spike location is that it allows one to rank and compare spikes in multiple stocks. A 46% penetration spike in stock “A” is more desirable than a 25% penetration spike in stock “B”.
You can make initial trade selections utilizing this power spike ranking method.
*** WARNING *** A POWER SPIKE IS NOT A TRADE SIGNAL
A power spike is not a signal to jump 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, usually within a few days.
Before investing capital you need to determine which direction the anticipated move is likely to go and when you should pull the trigger and jump into the trade. The way the price responds after the power spike happens is what will answer these questions.
The Power Spike Swing Trading Strategy is a terrific way to trade this uniquely profitable pattern and is a resource you should examine today. There are only a handful of technical patterns that can match the reliability and profitability it gives.
Are you ready to make huge profits very quickly using a proven swing trading strategy?
Watch this video, you’ll love the information:
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.