Update 28 Nov 2009 : HATs will now on be referred to as Reversal/ Pullback/ Breakout Time Signals (RPBTS) in order to reflect better the nature of these timings.
Click HERE to learn how to trade with RPBT signals.
Market Timing Signals benefit traders who do not have time freedom to watch the market all day long or traders who do not wish to be glued to the computer screen. With these signals, you simply trade during the specified time period to catch a reversal, pullback or a breakout.
Reversal/ Pullback/ Breakout Time Signals (RPBTS) are mathematically derived price reversal, pullback or breakout time range signals. RPBTS constantly point to highly potential, but not guaranteed, start or end of reversals or breakouts, usually within +/- one or two (1 or 2) bars on the timeframe referred to.
CTUC Market Timing Report subscribers (meant for trading the 1hr or 4hr charts) will receive their signal reports a few hours/days in advance thus enabling you to get ready to trade during the time and not wait for signals for an indefinite period of time.
In the report you will find the timings to trade but NOT the price chart patterns i.e. price reversal, pullback or breakout. You can only determine these patterns during the given time as it develops and can decide whether to pull the trigger or not, depending upon the strategy you employ, or simply use our simple yet powerful methods on how to trade these signals HERE.
Reversals and breakouts can be relatively major or minor. Under our context, a minor reversal is categorized as a pullback, where price starts to reverse around a RPBTS area for a relatively short time period, then continues to move along it's previous direction thus providing us a good entry point to go along the major trend.
RPBTS are not buy/sell signals. They are time signals derived using general and proprietory mathematical algorithms. RPBTS are used to compliment your existing strategies and trading rules. For simple yet powerful strategies using candlesticks and/or indicators please click HERE.
Knowing these timings in advance can be highly rewarding. It is like reading tomorrow's newspaper today. They are calculated hours and even days in advance.
Economic news releases that coincide with these timings usually create huge moves - a boon to news traders.
Potential benefits of knowing RPBTS in advance and trading during these timings:
- Foresee potential reversal, pullback and breakout time areas
- Productive trading hours - avoid waiting long hours for buy/sell signals
- Effectively filter false signals
- Avoid whipsaws, relative to the trading timeframe
- High potential profits
- High winning probability trades
- Trade confidently
- Plan and time trades for better portfolio growth
A Word of Caution To Newbies
Although trading around RPBTS areas can be tremendously fruitful, those new to trading financial instruments (especially forex) should observe caution here. At times, price activity during these timings can be very volatile and may take sudden turns in direction. Please ensure that you have sufficient practice or trading hours and trading rules to handle these situations. Always use a protective stop loss.
“The time factor and time periods are most important in determining a change in trend because time can over balance price, and when the time is up the volume of sales will increase and force prices higher or lower” - W.D. Gann
Best Wishes & Happy Trading
