WEBWIRE – Monday, April 30, 2012
Kansas City, MO, USA – Triple Threat Trading in cooperation with The Trading Institute today announced the discovery of a new harmonic charting pattern.
The Cypher Pattern is the first harmonic charting pattern to be discovered in over ten years and is 80-90% effective at predicting market corrections.
“We are extremely excited”, said Chief Currency Strategist, Jason Stapleton. “This discovery will have far reaching implications in virtually every market in the world. We feel overwhelmed and privileged to have the opportunity to bring this pattern to the market"
The discovery, which falls into the category of advanced pattern formations such as the Gartley and Butterfly, was first identified by Darren Oglesbee, a trader and Senior Vice President at Triple Threat Trading.
“When Darren first approached me with the pattern I was skeptical,” said Stapleton. “I took it to some people inside our organization and we did some preliminary testing. When we got the results back from our team I was shocked. I thought, this is going to be huge.”
Triple Threat Trading anticipates the pattern’s release in mid to late May after final testing and historical track record has been completed.
For additional information, visit www.forexmarketpreview.com