Have you ever tried to buy something that appeared to be extended thinking you were getting a cheap price only to get immediately stopped out as it continued to fall day after day?
Of course. Most have. That’s because most don’t know the particular Setup to suggest entering for a high-probability bounce.
Stocks and ETFs get extended because of systematic institutional selling or during earnings or other news events which causes extreme fear, driving the issue much lower than expected.
So this begs the question: how can we profit from climactic and crushed stocks -– intelligently?
At Master Trader, we have several criteria to define quality Climactic Buy Setups based on the structure of the price pattern and with Multiple Time Frame (MTF) confirmation – and the reversal which signals the “Tell” to enter them into the Void above.
This Video is going to explain the Setup, Entry and management of a Climactic Buy Setup (CBS) we gave our subscribers last week, as well as many on our “watch list” with an analysis of the quality of each and what we are looking for to enter.
Once a Setup is climactic and possibly getting ready for a reversal, we look for what we call a “potent reversal.”
Potent reversals come in many different forms but the purpose is the same: we are looking for a reversal that suggests that the selling (supply) is short-term exhausted to permit us to profit on a counter-trade opportunity into the Price Void (which will be explained in the Video).
Using Bar-by-Bar Analysis, you will know what any price pattern signals — even one that can tell you to do nothing.
The analysis is explained in nightly letter videos for subscribers.
Learn to objectively read the chart messages of anything that moves with our Swing Trading Course to profit in the Markets!
Brilliant lesson this weekend! One of the best videos for showing us the complete thought process for analyzing the sectors, the markets, sentiment and most importantly their relationships. I now understand why you said ‘some time off this week looks like a good idea.’ I hope you have fun making these. They are so much fun to experience.
PAM P.
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