Aiming for the trader's success by creating awareness of the 3M's: Mind, Money & Method by 
I will be conducting the monthly webinars on FXstreet on the 18th Dec 2008.
I will be covering 2 interesting topics in this 3 hour long session -
1.) Open session - http://www.fxstreet.com/live/sessions/session.aspx?id=44e82cd1-3a8e-4991-a3c3-177cad1ce6be
The 1-2-3 chart pattern
A chart pattern is a distinct formation on a chart that creates a trading signal, or a sign of future price movements. Chartists use these patterns to identify current trends and trend reversals and to trigger buy and sell signals.
The 123 pattern is a reversal chart pattern which occurs very frequently and has a very high success ratio.
When the 123 pattern occurs at the end of trends and swings, they are an indication of a change in trend. They can also be found within a trading range, and they take place when the directional momentum of a trend is diminishing.
For any trading technique, one must understand its advantages and drawbacks.
Implementing the technique in the live markets is the crucial part and one must have a trading plan defining the precise entry, stop and exit levels.
2.) Premium session - http://www.fxstreet.com/live/sessions/session.aspx?id=a08efb31-bb66-4878-95ee-9beea19aa955
The trend following 200 Moving Average strategy.
The 200 Moving Average strategy is a very easy to follow system which has a very high success ratio.
While the forex markets are highly trending markets, they tend to trend only 30% of the time, while 70% of the time is spent in a range.
Identifying and trading these trends would offer excellent profit potential.
This technique uses the two basic technical indicators – the 200 period Simple Moving Average & the Slow Stochastic to identify a trend valid across all time frames, and define precise points of entry and exit.
It would be great to see all of you there.
Sunil.
Hi Sunil , unfortunately I missed your webinar on 123 chart pattern, just wondering if you did a recording. thank you
Very Interesting & Informing - where are the PDF files please so that I can review the material & inwardly digest the messages.
Hello Jim,
The webinar on the 123 chart pattern was recorded and will be put up on the ‘Transcripts’ section of FXstreet, as well as on my website soon.
I will put a note here, once its done.
Morgan, thank you for your comments. The PDF of this topic has been put up on my website, in the section of “New PDF downloads : free”
Regards,
Sunil.
Hi Sunil
I would like to thank you for all your forex teachings. Regarding a name for that new pattern you found in gold, as I lost some money on that today, I suggest to call it:
” SofarNil”!
Best Wishes