Trade failed patterns

Here's a working strategy, hopefully you got what it takes to execute it.

Study technical analysis, typical patterns, support, resistance, the usual stuff that people think that has an edge but really does not because it's quite random in its nature.

Study them well, as if they were your bread and butter.

Learn to spot them in charts that matter to big money, especially once they have confirmed. Don't settle with one instrument, multiply the frequency, scanning is imperative.

Now here comes the unconventional approach that will make you money provided you have the discipline for it.

You need to determine when selling will occur or when buying will occur before you commit to a position.

When you can predict that selling will occur you take a short position.

When you can predict that buying will occur you take a long position.

Next step....

What creates selling ? Longs throwing the towel.

What creates buying ? Shorts throwing the towel.

How do you determine this ?

When a conventional clean pattern on a conventional clean chart fails.

Those who bought or shorted based on the pattern must exit, throw the towel, and this type of information, is valuable as you know what they must do next, most of them will exit at market, this creates the momentum required for you to profit off your position.

Pattern conclusion is random, so fading them is no good, you must wait until the confirmed pattern fails to obtain the required information.

There you go, a working strategy posted for free, now let's see if you can execute it, that's the hard part.

Enjoy.