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August 21, 2022 Still Perfect: The Chart Pattern That Led Us to Our Biggest Winner Yet  Pattern Trader’s win streak continues!  We just closed our 14th straight win, maintaining a 100% win rate!*  That’s right… Since its inception on May 23, Pattern Trader hasn’t had a single losing trade.  It’s no wonder this strategy has been so popular!  And our most recent play just so happens to be our biggest yet — a 41%** overnight win on the Halliburton Co. (NYSE: HAL) Oct. 21 expiration, $27 strike call options.  You could also just play the stock, of course, but I prefer the risk/reward of options.  And just so you have the full picture of how this strategy is performing, from May 23, 2022, through Aug. 19, 2022, the average win rate on live trades is… you guessed it, 100%, with an average return of 18% and an average hold time of three days. With the conditions we’ve faced in recent months, now more than ever, it’s important to expand the strategies we use to find the best opportunities in the market.  So while not every trade will be a winner, I put this strategy through extensive backtesting and narrowed down five specific chart patterns that historically WORK. The entire strategy is based on scanning the market for those chart patterns...  Like the Bearish Engulfing...  This is the pattern that triggered the most recent trade in Halliburton, leading to that 41% winner I mentioned above.  A Bearish Engulfing pattern emerges when a red candle completely engulfs the body of the previous day’s green candle.  That means the red candle opens above the previous candle’s close, and closes below the previous candle’s open.  As you can see in the chart below, a red candle completely engulfing the previous day’s green candle formed on Aug. 16.   We entered the trade the following day, on Aug. 17...   Then exited the next day as the stock jumped nearly 7%, sending the options play up 41%!**   This strategy has exceeded my wildest dreams, and at a time when the markets are downright unpredictable.  That’s why I love sharing more information about the specific patterns this strategy is based on. I want everyone to have a firm understanding of the patterns I’ve chosen as the basis of this strategy, and how they can be used to find opportunities like this.    ________________________________________________________ Roger Scott 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. ________________________________________________________ Downgrade a Stock to Go LONG? Have you ever noticed after a stock has been down for 30 days… 60 days… shoot, even 90 days… The big banks then come out and downgrade it? If you think that “sounds fishy,” then you’re just like Joy of the Trade’s Jeff Zananiri… And you’re right, it is fishy. So Jeff started digging, and what he found was shocking. What if Wall Street downgrades a stock… to go LONG on it? And what if Wall Street upgrades a stock… to SHORT it? What Jeff uncovered is not just eye-opening, but it could be extremely valuable for a small group of traders who know this ONE secret... Find Out Here ________________________________________________________ My No. 1 Sector to Trade Right Now and a Downside S&P 500 Target Level August 18, 2022 The markets are vulnerable, and the numbers we’re seeing indicate we could be at the start of a housing recession. Continue Reading 1 Sector Breaking Out Right Now and Your Weekend Review August 19, 2022 The major indexes are down as Wall Street considers a slowdown in the housing market.  Continue Reading A WealthPress Publication   *Stated results are typical for given period. Past performance is not indicative of any future results. Trade at your own risk. ***Stated results are atypical for given period. Past performance is not indicative of any future results. Trade at your own risk.   ABOUT US:   We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 7751 Belfort Parkway #120 Jacksonville, FL, 32556, US Roger Scott Update Profile

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