Most know how to trade chart patterns (or at the very least have some idea) and can tell once the lines are drawn what the pattern is, … if it's a    continuation pattern or a reversal pattern … and what to do.

If you think you need a little brushing up on your chart analysis, I would suggest going back to the main site (  http://www.chartpatterns.com  ), and reviewing the definitions, diagrams and chart examples to more familiarize yourself with the way to trade them.

Or simply look at the numerous 'before and after' examples posted on the Pattern Recognition Services section.

I designed this letter in the manner that I only wished was available during my search for this type of service.

Since no service like this existed (and still doesn't, -- ours is the only one out there like it), I created the kind of service that I wished I could've subscribed to.

A service that sends out high probability chart patterns, ready to break out, every week.

No opinions, no commentary, … just lots of charts with great patterns, ready to move!

In fact, I'm occasionally asked why I don't include commentary or my opinions with the charts.

The answer is simple.

Chart pattern recognition is an objective trading style and anything short of simply looking at a clearly defined pattern takes away from that purpose.

And I surely would not want to be influenced by someone's opinion on what he or she thinks is going to happen.

If for instance, I commented that I was particularly excited about a pattern's set up and that I was expecting a big move, one may dismiss a pattern's subsequent failure because he or she thinks that since I'm so bullish, it must be good and they'll wait for it to come back, ... which in all reality may never happen.

Or if I'm not that excited or anticipate an anemic breakout at best, the trader may ignore the formation, deciding to not waste his or her time on it because he/she thinks I'm not that enthused so they shouldn't be either. However, even if I wasn't that excited at the beginning, I still respect the patterns and if it broke out with good volume, pre-conceived notions notwithstanding, I'd be all over it, while the subscriber would've probably missed it, ... all because of my first blush commentary.

I'm not a predictor of markets, merely an identifier of patterns.

And it's the chart patterns themselves, that have a highly predictive quality.

So what I think (even though I'm usually right) is for all intents and purposes irrelevant in the grand scheme of it all. All that matters is what the charts are saying. And a high probability chart pattern needs no further explanation.

For example, if there's a symmetrical triangle in an uptrend, either buy it once it's identified or wait for the breakout.

Nothing really more to say.

My service cuts through the bull. Just professional chart pattern identification from a trader who's built his career on this type of technical analysis.

Now I do provide my commentary on the charts that I post on the website (and there are hundreds of examples). But I do so for teaching purposes so people can see and understand what happens, what to look for and how to trade.

Anyway, if you're looking for a service that will point out 20-25 (or even as many as 50 or more) high probability chart patterns every week, so you'll know exactly what stocks to focus on, then this is your site.

Thanks for your interest in our service and we look forward to you becoming a client.

Sincerely,

Kevin Matras
Pattern Recognition Services
chartpatterns.com