by Chris Lori - Fund Manager & CTA
As a a professional discretionary trader, Chris Lori
takes the majority of his
Forex trades using these pattern methods.
It is vital for you to master and be totally confident in recognizing and trading these reversal patterns.
To help you, our resident pro trader, Chris Lori
has compiled this new and exciting educational resource for the Forexmentor members.
"I ache to see how so many Forex day traders get caught up in momentum systems.
If they like indicators, that's fine, but it is very important to understand range and volatility.
Momentum traders "chase price," while pattern traders hit it head on and usually take first profit before the momentum trader gets their four confirmations before getting in, only to find price pull back and stop them out.
- Chris Lori
In this popular video course, Chris shares six of the most effective reversal patterns that occur frequently in the Forex market.
Three of these techniques are Chris' own unique findings.
They deal specifically with high probability patterns and characteristics in the forex market and can be traded on all timeframes from 5-minute to weekly charts!
In addition to the six patterns, Chris
has included a special bonus in which he
shares with you the specific tools he
uses to predetermine the pattern probability and potential.
Because a pattern without guidelines is all after-the-fact, Chris
will show you how to use Fibonacci time and price analysis to help you see in advance (that's why patterns are called "Leading Indicators") where to enter a trade, so you know IN ADVANCE where price may bounce!
The "Rip Tide" Reversal - One of his
favorites, because it can pay quickly, Chris
former fund manager partner discovered this one trading GBP.
It considers specific previous dealing points and Fibs while combining daily range and volatility to pick the entries.
Head and Shoulders - Now we know everyone in trading knows this one AFTER THE FACT.
The key to trading this pattern is to get in at the tip of the right shoulder and take some profit BEFORE the neckline, while keeping some for the follow through.
shows you distinct characteristics to look for to find your ideal entry at the height of the right shoulder.
Lori P38 Reversal - This pattern is found in unique key reversal scenarios and is less common.
Following a key reversal move, this pattern gets you into the second leg, which is often a substantial move.
The Gartley Pattern - This is an age old Fibonacci based pattern that can present itself in many forms.
This pattern can seem very complicated or difficult to find, Chris
simplifies it and shows you exactly what to look for using key visual aspects involving Fibonacci retracement and extension levels, along with range, in some cases.
As there are many variations of this pattern, Chris
makes this pattern simple.
The Butterfly Pattern - Discovered by Larry Pesavento, this is a more advanced high probability false breakout pattern that Chris
has added to the course for those who have the interest to diversify their pattern trading opportunities.
has some additional bonus material you will be very intersted in:
Full Product Listing
by Chris Lori
is the only known institutional and private client FX Fund Manager and CTA's who also trains private traders sharing his
market insights and strategies.
offers private consulting services to individuals and institutions looking to diversify their portfolio relating to foreign exchange holdings and risk.
is a popular speaker and has shared his
insights and techniques with traders and fund managers worldwide.
In 1988, Chris
completed the Canadian Securities Course and has had a passion for trading in the financial markets ever since.
Although Chris maintains his priority as a CTA and fund manager, he is the only active fund manager who also educates in the foreign exchange sector, which sets his expertise apart from any other.
Chris Lori Bobsleigh
Previous to his
career as a fund manager, Chris
competed in four Olympic Winter Games and won the prestigious Overall World Cup Championship in the sport of bobsleigh.
totaled nine Crystal Globes
for Overall World Cup final standings and accumulated twenty-two World Cup Medals during an outstanding bobsledding career.
was a model athlete in Canada where his
success brought him celebrity status and high demand for appearances and endorsements.