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Trade ChartTrade Chart

PatternsPatternse e rose e

ros

December 13, 2007December 13, 2007

Trade Chart Patterns Like The Pros


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suriNotes.com is neither an investment advisory service nor ansuriNotes.com is neither an investment advisory service nor annanc a ana ys s serv ce. am no an nves men a v sor an onanc a ana ys s serv ce. am no an nves men a v sor an o

not purport to tell people, or suggest to people, what they should buynot purport to tell people, or suggest to people, what they should buyor sell for themselves. Trading and investing can be a veryor sell for themselves. Trading and investing can be a verydangerous venture for there may be a very high degree of riskdangerous venture for there may be a very high degree of risknvo ve . as resu s are no n ca ve o u ure re urns. envo ve . as resu s are no n ca ve o u ure re urns. einformation provided here is for educational purposes only, and doesinformation provided here is for educational purposes only, and doesnot come with a warranty of any kind, should you choose to interpretnot come with a warranty of any kind, should you choose to interpretis as investment advice. In no way is suriNotes.com is a sponsor ofis as investment advice. In no way is suriNotes.com is a sponsor ofany o e secur es s e ere. s en re y poss e a may aany o e secur es s e ere. s en re y poss e a may atimes buy, sell, or hold any of the securities covered on this site.times buy, sell, or hold any of the securities covered on this site.

Neither suriNotes.com nor anyone affiliated with suriNotes.comNeither suriNotes.com nor anyone affiliated with suriNotes.com,, isisresponsible for any investment decision made.responsible for any investment decision made.



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BookBook300 Pages8.5” x 11” Book

65 Patterns+ ar us ra ons

Precise Entries/Exits

Targets/Stops



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Book Introduction VideoBook Introduction Video

– – suriNotes videos (youtube)suriNotes videos (youtube)



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4 ears in makin /data 24 months of writin4 ears in makin /data 24 months of writin

Written for “Traders” with “Trading Perspective”Written for “Traders” with “Trading Perspective”More ractical than theoreticalMore ractical than theoretical

Emphasizes “howEmphasizes “how--to” of pattern recognitionto” of pattern recognition

Each pattern with brief synopsis, 2Each pattern with brief synopsis, 2--4 examples4 examplesPrecise entry and exit techniquesPrecise entry and exit techniques

Each example with stops/targetsEach example with stops/targets

No Oscillators, Indicators or StatisticsNo Oscillators, Indicators or Statistics



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……Chart T es Basic t es 3LPB…Chart T es Basic t es 3LPB…

Bar Groups (Market structures, NR7ID…)Bar Groups (Market structures, NR7ID…)Pivots Floor, Fib. Zone, O en Ran e…Pivots Floor, Fib. Zone, O en Ran e…

Geometric (Triangles, Rectangles…)Geometric (Triangles, Rectangles…)

Harmonic (ABC, Gartley, Butterfly…)Harmonic (ABC, Gartley, Butterfly…)Price Action (Head & Shoulders, C & H…)Price Action (Head & Shoulders, C & H…)

Top and Bottoms (V, Double, Triple…)Top and Bottoms (V, Double, Triple…)

Exotic Patterns (Dragon, Sea Horse…)Exotic Patterns (Dragon, Sea Horse…)Channels (Donchian, Pitchfork, LRC…)Channels (Donchian, Pitchfork, LRC…)



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……

Search for suriNotes onSearch for suriNotes on



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op avor e a ernsop avor e a erns



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…. ….

All Patterns Fail All Patterns Fail – – Key is to know when toKey is to know when to‘ ’ ‘ ’‘ ’ ‘ ’

There is no single pattern which is aThere is no single pattern which is ao ygrao ygra

Patterns must be clearly visible… Do notPatterns must be clearly visible… Do not

FORCEFORCE a patterna pattern



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How to Use this Book…How to Use this Book…

Have an Open Mind… Be a StudentHave an Open Mind… Be a Student

--

groups…groups…

,, --with your Instruments, Timewith your Instruments, Time--Frames, IndicatorsFrames, Indicators

““ ” “” “ ””

Build Confidence of Why/How/When to tradeBuild Confidence of Why/How/When to trade

Master Master



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Trader Vic’sTrader Vic’s



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’’ “ ”“ ”

““Principles of Professional SpeculationPrinciples of Professional Speculation””

rregu ar ou e op or ou e ottomrregu ar ou e op or ou e ottom



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’’ 2B Sell (Rules)

Must make a New High

Decent Retracement

No Follow Through

Close below Breakout Low

Short: below the Low

Target Major Swing Low

Stop: Above Breakout High



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2B Top2B Top

SellSell



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’’ 2B Buy Rules

A New Low

Decent Retracement

No follow Through

Close above Breakdown High

Long above Breakdown High

Stop below the Low

Target a Major Swing High



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2B Long2B Long



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2B Patterns2B Patterns



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..’’

– – Open, High, Low, CloseOpen, High, Low, Close

y e e : =y e e : = – – ww

Computes Support and Resistance BandsComputes Support and Resistance Bandsbased on Fib. ratios o Daily Range abovebased on Fib. ratios o Daily Range aboveand below the Pivotand below the Pivot



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. one vo s. one vo s(method)(method)



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Fib. ZoneFib. Zone



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Fib. ZoneFib. Zone



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’’ A. . …. . …

33--Pivot, 1Pivot, 1--22--3 Waves…3 Waves… C

g ten ng o tg ten ng o t

Trend, Retracement, TrendTrend, Retracement, Trend

B

D

AB = CD Pattern formation AB = CD Pattern formation



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==



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ABC Bullish ABC Bullish ABC Bullish Pattern

2 to 3 bar Pivot Strength

Must have at least 62%

Retracement

Entry: After ABC pattern,Long Above the High ofPrevious Bar

STOP: Below ‘C’

Target: Between 100% of AB and 127% of BC



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ABC ABC

BullishBullish



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ABC ABC



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ABC Bearish ABC Bearish



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Dra onDra on



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“ ” “ ”“ ” “ ”

Head, 2Head, 2--Legs, Hump, TailLegs, Hump, Tail

ump orms etween to o angeump orms etween to o ange

Draw Trendline from Head to Leg1Draw Trendline from Head to Leg1Potential Divergence in any MomentumPotential Divergence in any MomentumIndicator CCI RSI…Indicator CCI RSI…

Look for WideLook for Wide--Range Bars in Leg2 forRange Bars in Leg2 for



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DragonDragon



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TradingTrading

ragonragon



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DragonDragon


II


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InverseInverse

DragonDragon



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Gartley PatternsGartley Patterns



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– – ’’. .. .

Larry Pesavento (Fibs), Bryce GilmoreLarry Pesavento (Fibs), Bryce Gilmore,,

Gartley/Bat (Retracement Patterns)Gartley/Bat (Retracement Patterns)Crab/Butterfly (Extension Patterns)Crab/Butterfly (Extension Patterns)



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A

C

B

D

X AB = CDB >= 61.8 of XA

Buy above D



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’ “’ “ ””. .. .

Harmonic PatternHarmonic Pattern

Gartley’s Center ‘B’ is < 61.8% of XAGartley’s Center ‘B’ is < 61.8% of XA

‘ ’‘ ’

Success rate of all Harmonic Patterns < 60Success rate of all Harmonic Patterns < 60--70%70%

PricePrice--Action in PRZ is very critical for success Action in PRZ is very critical for success



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PRZ forms withinPRZ forms within

– – 0.62 to 0.886 of XA0.62 to 0.886 of XA

– – 1.00 to 1.38 of AB1.00 to 1.38 of AB

– – 1.27 to 1.38 of BC1.27 to 1.38 of BC



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CSCO Gartley with TargetsCSCO Gartley with Targets



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GartleyGartley

(Bullish)(Bullish)



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Bullish Crab Example (Dec. 11, 2007)Bullish Crab Example (Dec. 11, 2007)



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GartleyGartley

ear sear s



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