Trading the Simple but Powerful AB=CD Pattern
By Leslie Jouflas
Topic: Trading the Simple but Powerful AB=CD Pattern
The AB=CD pattern is one of the easiest to recognize and learn, but it is still a powerful trading pattern. It is found in all markets and viewed in all time frames. Leslie will present the basic pattern structure and show you how to identify and measure this pattern. She will also cover specific warning signals of this pattern: warning signals that indicate a potential shift in market momentum which could invalidate an entry point into the trade. She will also cover variations of the structure of this pattern using Fibonacci ratios and examples of trading the pattern intraday using the S&P 500 stock index futures contract.
Biography: Leslie Jouflas began trading in 1996 and left a 17-year airline career in 2000 to pursue a full-time trading career. She has studied many trading methodologies, including Elliott Wave, options strategies, momentum trading, classical technical analysis, and Fibonacci ratios and patterns. After trading stocks and options on stocks, she now trades futures and commodities with an emphasis on the S&P 500 market. She manages private accounts as well as trading her own private account. Leslie is a member of the Northwest Hedge Fund Society. Leslie has co-authored two books, Essentials of Trading: It’s Not WHAT You Think, It’s HOW You Think Traders Press, 2006, Trade What You See – How to Profit from Pattern Recognition Wiley & Sons, 2007 and has many published articles for such publications as Trader’s Journal, Active Trader, and Technical Analysis of Stocks & Commodities.
Leslie’s presentation is sponsored by the Zaner Group www.zaner.com