Trading The Cup with Handle Family
There has been a lot of
discussion both pro and con about the Cup with Handle Pattern and why so many professional traders look to it as
one of their most vital tools. For the past 15 years I have been a student
of this amazing phenomenon and have offered seminars to traders, both seasoned and newbies, about the many
facets of this great indicator. If you have not attended my seminar in the
past, be prepared to be dazzled by the power of the Cup with Handle Family.
During the bear market that
began in March 2000 I found the Cup with Handle pattern failed almost every time it showed up.
As a result, I was determined to find an indicator that would work in a bear
market the way the Cup with Handle pattern worked in a bull market. With a
lot of trial and error I developed the Inverted Cup with Handle pattern (during downturns in the market) which
opened the doors to several other trades. These 2 patterns soon morphed
into a family of four each thus offering trading potential through the four phases of the Cup with Handle
Cycle. This offers you, the trader, an opportunity to make money in the
market whether moving up, down or sideways.
These trading strategies
have worked in every market cycle in the last ten years. One trade that you
will learn from my presentation will enable you to enter a position at the lowest possible price point.
The first move up from this trade will be powerful and often will give you a 50%+
gain in only a few weeks. Traditional Cup with Handle traders will
completely miss this move.
For those traders that use
Support/Resistance for determining entry and exit points you will learn there are none better than those
produced by the Cup with Handle Family. If time permits I will show you how
I use these to day trade high volume ETFs such as the QQQ.
I look forward to speaking
with you in the upcoming Traders World Online Expo. Regardless of how many
years you have been trading, I feel certain you will learn a great deal from this