Markets move in waves. They rally, pull back, rally, and pull back again within the primary trend. In declines, the opposite happens—a stock or futures contract will drop, rally back, and drop again. If you take a look at the chart on the right, you can quickly see the power of the new WaveTrader 2.0 plug-in for OmniTrader and VisualTrader.
It’s like a roller coaster with higher valleys and lower peaks. These valleys and peaks form our Higher Lows and Lower Highs—the least risk entry point for any trade.
The best entry points for Longs and Shorts are easily identified by the Strategies in WaveTrader. It works because markets sell into weakness on a lower high, and buy into strength on a higher low. Successful technical analysts have used this technique for years to trade with the trend. Now you can, too.
Entering Long trades at Higher Low or Short trades at Lower High provides a tremendous advantage, because this is where a market will accelerate buying or selling.
Fire up WaveTrader and run it on the WaveScans list or any list of stocks you are watching. You are going to be amazed at how well the Strategies pinpoint new strength or weakness.
In WaveTrader 2.0, we are introducing two great new Strategies—WT Long Term and WT Short Term. These new Strategies have been mechanically profitable for the past 4 years, demonstrating a Hit Rate over 70% with a high Profit per Trade.
Trading Bonanza! WaveTrader 2.0 is profitable on 86% of the Buy and Sell Signals it generated on Oshkosh Corp in 2008-2009. Note the nearly perfect entries.
The specialized Trading Systems that identify Higher Highs and Lower Lows are included as components. This means you can add them to any Strategy you have been using to automatically confirm that a Signal is occurring near a probable Lower High or Higher Low—a powerful tool for enhancing existing Strategies or for new Strategy development.
It was only natural to apply WaveTrader to the Elliott Wave concept. Never has it been easier to find and trade Elliott Wave opportunity points.
We typically create seminars to go with our plug-ins to help users grasp the concepts. For WaveTrader 2.0, we took the next big step to def ne, test, and demonstrate a Trading Method that exploits the WaveTrader concept. As the name implies, a Trading Method is a complete approach to trading— discussing the kind of list to use, how to find the best setups and how to manage your trades. Jeff Drake uses Lab Mode to show you, step-by-step how to successfully engage the market with thisincredible tool. I can tell you one thing— this seminar is worth way more than we are charging for it.
This is the first seminar we have produced that offers step-by-step training on a Trading Method. It’s like having Jeff as your personal coach, showing you precisely how to use the WaveTrader 2.0 Strategies to achieve maximum profits.