forex signal system trading: The chart points to a possible 344% gain

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Charts Can Often Be All a Trader Needs

There is a compelling argument to read the financial statements for a company. Buried in the lines of numbers, management discussion of those numbers and footnotes adding details to all of that information some analysts find valuable information.

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For an individual investor, the process might to similar to mining for gold. The potential rewards are large. Imagine finding a vein of gold in a mountainside that no one knows about. Wealth seems nearly certain and all it took was a discovery of gold.

Many readers realize that it is difficult to find that vein of gold. It could take a lifetime of exploration and years of struggles to achieve the riches.

That, in some ways might be similar to the process of "mining" financial statements. An individual could search for hundreds or even thousands of regulatory filings in search of the gold nugget pointing to a rich vein.

We look at an alternative to that type of analysis in our recent article which walks through an example of one possible way of finding those golden nuggets in the stock market.

In the article we identify how a stock chart could point to the possible locations of nuggets. We then detail how to confirm the stock has potential and finally explain a strategy that focuses on risk since all stocks are risky.

All of the details of that trade can be found right here.