Chart Patterns

The RAMBO Pattern: Fading Amateur Breakouts in Futures Trading

image of Barry Taylor from Emini-Watch.com

Barry Taylor

Use the RAMBO (potential ‘Reversal of AMateur Break Out’) pattern to fade Amateur activity at market extremes:

The RAMBO indicator with volume exhaustion and divergence is like printing money!!! Good work sir!!

jason t.

Got a great question from Mike M. on Friday about RAMBO patterns:

Hi Barry, Is the R associated with a RAMBO signal indicative of the direction the amateurs are going? Or the trend? For ex: today on the 1500 tick @ 9:51est, there was a red R below the UP amateur bar. Your products are fantastic and truly appreciate your videos. Thanks.

mike m.

I try and answer the question in the video above. For my money, the RAMBO patterns are pure gold – such a simple volume pattern and incredibly effective at showing you where the Amateurs are going wrong. The higher the time frame, the more prescient they are – so pay attention.

Good luck with your Emini trading.

About the Author

Barry Taylor is a full-time trader, founder of Emini-Watch.com and developer of the ‘Better’ Trading Indicators. The ‘Better’ Indicators are a unique set of 3 non-correlated indicators that will give you an edge, whether you’re a day trader, swing trader or investor. With over 14 years of full-time trading and traveling, Barry splits his time between Byron Bay, Biarritz and Kauai.

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