The Butterfly Pattern

THE BUTTERFLY PATTERNAEX

PHASE I PATTERN RECOGNITION

PHASE II TRADE EXECUTION

PHASE II TRADE EXECUTION

PHASE III TRADE MANAGEMENT

PHASE IV DISCIPLINE

PHASE IV DISCIPLINE

PHASE IV DISCIPLINE

PHASE IV DISCIPLINE

PHASE IV DISCIPLINE

PHASE IV DISCIPLINE STOP-LOSS TRIGGERED

PHASE IV DISCIPLINEBUT RE-ENTERD

PHASE IV DISCIPLINE

FASE IV DISCIPLINE

PHASE V TRADE REVIEW

MARKETS SPEND 70% OF THEIR TIME IN A RANGE ON ALL TIME FRAMES

MARKETS SPEND 20 % OF THEIR TIME MAKING HIGHER HIGHS OR LOWER LOWS ON ALL TIMEFRAMES

MARKETS SPEND 10 % OF THEIR TIME BREAKING OUT TO HIGHER HIGHS OR LOWER LOWS ON ALL TIMEFRAMES

PHASE V TRADE REVIEW

TRADING NEAR THE HIGH OR LOW SIDE OF THE RANGE WILL INCREASE THE LIKELIHOOD OF A REVERSAL DUE TO THE 70% RULE.

IF YOU GET STOPPED OUT ON AN STOP-HUNT OR RE-TEST OF THE HIGH/LOW SIDE OF THE RANGE LOOK TO RE-ENTER ON AN HARMONIC PATTERN.

CONCLUSION

IF YOU TRADE WHAT YOU SEE AND NOT WHAT YOU THINK YOU UNRAVEL THE WORLD THAT HAS BEEN PULLED OVER YOUR EYES.

RESISTANCE TO CHANGE IS THE PRELUDE TO REVOLUTION.

DO NOT TRY AND BEND THE SPOON. FREE YOUR MIND.

MAY THE FORCE BE WITH YOU,ALWAYS.

WWW.FINIXTRADING.COM