Why Do Stock Traders Love “The Power Spike Mechanical Stock Trading System” So Much?
The stock market offers incredible moneymaking opportunities. In fact, did you know that more than FIFTY BILLION dollars change hands every day on the New York Stock Exchange?
It’s true. And this huge river of money creates frequent opportunities to earn exceptional profits.
Trade systems are used by professionals to identify high profit opportunities and earn money. And stock traders across the country are raving about the Power Spike Mechanical Stock Trading System, making it a national phenomenon and a favorite for thousands of traders.
Why is the Power Spike Mechanical Stock Trading System such a huge hit?
** TRADE SYSTEM BASED ON A SOUND TECHNICAL PATTERN
The most consistent, reliable and profitable mechanical stock trading systems are based on strong technical patterns. These patterns can be identified on a stock chart and consistently predict what the price is going to do next.
The Power Spike Mechanical Stock Trading System is based on a solid technical pattern called a “Power Spike”. A power spike occurs when the volume of one day is much greater than the average volume of recent days.
On one particular day the volume spikes up and stands out from the recent volume.
The high volume signals a moment of extreme emotional trading, people are leaping into and out of a stock very fast. It is a moment of impulsive trading.
Big moves in price often follow as a response to high levels of emotional trading. A power spike is a very strong indicator that a huge move is imminent.
** MIND-BLOWING STOCK TRADING PROFITS
The Power Spike Mechanical Stock Trading System is renowned for producing exceptional returns, profits that are well above average. A price move covering a large distance often follows the occurrence of a power spike.
Trade profits are the product of price movement. And power spike stock trades quite frequently produce double-digit profits within just a few short days.
The 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 Mechanical Stock Trading System has become a popular and trusted tool for many traders because it lets you get in and earn huge returns fast. You earn big profits very quickly.
And isn’t that exactly what we need?
** PINPOINTING POWER SPIKES
How can you locate this highly profitable technical pattern?
There are many ways to identify a power spike, but one technique works exceptionally well. Bollinger Bands are the key to using this technique.
Bollinger Bands are placed onto the volume data. A power spike happens when the volume penetrates the upper band.
Power spike strength is determined by calculating how much of the total volume appears above the upper band. The odds of a successful trade increase with the strength of the power spike.
As a general rule, I only consider trading spikes where a minimum of 15% of the total volume appears above the upper band. Less than 15% penetration usually signals a weak spike.
This method of power spike identification provides an additional benefit. It allows you to rank and compare spikes in multiple stocks. A 42% penetration spike in stock “A” is preferred to a 29% penetration spike in stock “B”.
This method of ranking power spikes is a great way to make initial trade selections.
*** WARNING: A POWER SPIKE IS NOT A TRADE SIGNAL
A power spike by itself is not a signal to jump into a stock trade. The trade signal will occur sometime after the power spike develops, usually with a few days.
Before investing money you need to know which direction the expected move is likely to go and when you should pull the trigger and get into the trade. The way the price reacts after the power spike happens is what will answer these questions.
The Power Spike Mechanical Stock Trading System is a great way to trade this incredibly profitable pattern and is a resource you should consider very seriously. There are very few technical patterns that can match the reliability and profitability it offers.
Are you ready to earn huge profits very quickly?
Find out more about The Power Spike Mechanical Stock Trading System , just visit Kevin Butler’s site and you’ll get all the incredible details. FREE VIDEO COURSE: Get The Master Plan to Successful Stock Trading and learn how to trade like a pro.
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