SPY/QQQ Plan Your Trade - MENT Pressure System: Building Success

23 jul

Have you seen my Plan Your Trade videos yet? Maybe you should take a break and watch a few of them.

Part of my effort to help traders involves building a new Pressure System - designed to deploy some of my favorite Fibonacci price constructs and the latest tools.

One of the new tools I've been working on is the MENT Pressure System. I would like to make it adaptive (self-adapting to price trends/rotation), but that may take another 10+ days of work.

I just completed an update in which the Pressure system is applied to Bollinger Bands to help traders develop trigger confirmation and find better trade triggers.

My belief is that using my SPY Cycle Patterns along with something like this new Pressure System should provide a clear advantage for day traders and swing traders.

When I suggest the SPY Cycle Patterns are Basing/Bottoming (like I've been suggesting since late Thursday (7-18) and into Friday (7-19), traders need to understand I'm hinting that price is transitioning into a basing/bottoming phase - looking to shift back into a bullish price structure.

Ultimately, I would love it if traders could use my SPY Cycle Patterns and my MENT Pressure System to pick the best trades (staying away from count-trend trades and learning to trade what I call "the Sweet Spot."

I welcome any feedback you may have after watching this video.

It is a lot of fun to receive your comments and suggestions. Together, I hope to build as many followers as possible and help as many traders as possible.

Let's GET SOME.

#trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold