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Last week FGIC had an uptick in support of the strong Spike Bounce signal, but it was a short-lived rally.
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Dear Trader,One of the membership benefits in SpikeTrade is the Password course, with classes taught by Alex and Kerry. It is free for Members, but also open to non-Members for a nominal fee.You are invited to the 54th session of our online Password course, taught by Kerry Lovvorn, co-director of SpikeTrade, on Thursday, March 3, 2022 at 6pm ET:***** ATR Pullback Tactic *****ATR (Average True Range) is a simple practical tool for tracking market volatility. Taking advantage of volatility is one of the key factors in professional traders’ success (all beginners watch prices, but the pros also track volatility).In this class Kerry will show how he uses ATR channels to trade his ATR Pullback Tactic within trends. We recommend watching the Password Class on ATR channels before this class.As always, the recording of this class will include a PDF of the presentation.To see the two ways to get a link to join the course please click below …<a href="null">null</a>
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Hello SpikeTrader,One of your membership benefits is the Password course – classes taught by Alex and Kerry. Each session cost $50 for outsiders, but free for our yearly and monthly Members. A recording of this class will be posted several days after the event – free access for a week.You’re invited to the next session of SpikeTrade Password course: Thursday, March 3, 2022 at 6pm ET – 54th session of our Password Course, taught by Kerry:***** The ATR Pullback Tactic *****ATR (Average True Range) is a simple practical tool for tracking market volatility. Taking advantage of volatility is one of the key factors in professional traders’ success (all beginners watch prices, but the pros also track volatility).In this class Kerry will show how he uses ATR channels to trade his ATR Pullback Tactic within trends. We recommend watching the Password Class on ATR channels before this class.As always, the recording of this class will include a PDF of the presentation.To receive a link to join the course please click below…
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On Friday a strong Spike Bounce signal (marked as a vertical dashed “S” line in the chart below) was triggered, after the S&P traced a clear washout of the January lows andclosed above -1ATR, with new lows shrinking from about 2600 to just over 150.
Hello SpikeTrader,One of your membership benefits is the Password course – classes taught by Alex and Kerry. Each session cost $50 for outsiders, but free for our yearly and monthly Members. A recording of this class will be posted several days after the event – free access for a week.You’re invited to the next session of SpikeTrade Password course: Thursday, March 3, 2022 at 6pm ET – 54th session of our Password Course, taught by Kerry:***** The ATR Pullback Tactic *****ATR (Average True Range) is a simple practical tool for tracking market volatility. Taking advantage of volatility is one of the key factors in professional traders’ success (all beginners watch prices, but the pros also track volatility).In this class Kerry will show how he uses ATR channels to trade his ATR Pullback Tactic within trends. We recommend watching the Password Class on ATR channels before this class.As always, the recording of this class will include a PDF of the presentation.To receive a link to join the course please click below…
Dear Trader,One of the membership benefits in SpikeTrade is the Password course, with classes taught by Alex and Kerry. It is free for Members, but also open to non-Members for a nominal fee.You are invited to the 54th session of our online Password course, taught by Kerry Lovvorn, co-director of SpikeTrade, on Thursday, March 3, 2022 at 6pm ET:***** ATR Pullback Tactic *****ATR (Average True Range) is a simple practical tool for tracking market volatility. Taking advantage of volatility is one of the key factors in professional traders’ success (all beginners watch prices, but the pros also track volatility).In this class Kerry will show how he uses ATR channels to trade his ATR Pullback Tactic within trends. We recommend watching the Password Class on ATR channels before this class.As always, the recording of this class will include a PDF of the presentation.To see the two ways to get a link to join the course please click below …<a href="null">null</a>
Hello SpikeTrader,One of your membership benefits is the Password course – classes taught by Alex and Kerry. Each session cost $50 for outsiders, but free for our yearly and monthly Members. A recording of this class will be posted several days after the event – free access for a week.You’re invited to the next session of SpikeTrade Password course: Thursday, March 3, 2022 at 6pm ET – 54th session of our Password Course, taught by Kerry:***** The ATR Pullback Tactic *****ATR (Average True Range) is a simple practical tool for tracking market volatility. Taking advantage of volatility is one of the key factors in professional traders’ success (all beginners watch prices, but the pros also track volatility).In this class Kerry will show how he uses ATR channels to trade his ATR Pullback Tactic within trends. We recommend watching the Password Class on ATR channels before this class.As always, the recording of this class will include a PDF of the presentation.To receive a link to join the course please click below…
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Last week the S&P broke several support levels and lost nearly 1.5%. FGIC remained flat, ending the week at its –8 level, at the edge of extreme fear readings.
The strong support level mentioned last week, the line in the sand mentioned several times by Alex and Kerry, was broken down on Friday with the S&P closing below all supports: SMA 200 (not shown), the 1.5 ATR from the lows and, fractionally, the – 1 ATR. Last Friday’s 1HL setup was also invalidated.
The Strong Spike Bounce that triggered on Monday vastly exceeded its target, but the price rally was not accompanied by a rise of FGIC.