3 Push Up/Down Pattern


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Again and again I cannot emphasis how important is to follow the trend. When in the real trading, I never ever try to front run the market because the only thing in the world that can be 100% correct is the market itself so by simply following it, you’re guaranteed to win in the long run.

For market report, however, things are different because it’s all about guessing the top or the bottom, otherwise my report would only have 4 words every day: “The trend is up” or “The trend is down”. To guess the top or the bottom, besides various signals and statistics, one particular pattern I talk a lot is 3 Push Up/Down. The chart below should have clearly explained the pattern.

3PushDown

2 Comments on "3 Push Up/Down Pattern"
  1. .
    October 8, 2011 at 5:48 pm

    […] 3 Push Up/Down Pattern […]

  2. Comment left on:
    February 23, 2012 at 5:25 pm
    Pedro Pereira says:

    Another day without
    stress…in the machine os trading system SPX.http://spx500.blogspot.com/

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