Capturing Profits With Technical Analysis By Sylvain Vervoort -
Two weeks later, the market corrected 5%. His trade hit the target exactly.
Martin set a limit order to short NVDA at $495—a full $10 above the current price. His hands trembled. This was the opposite of what every guru said.
Then a friend slipped him a worn-out PDF: Capturing Profits With Technical Analysis by Sylvain Vervoort.
Vervoort’s core idea was brutal in its simplicity: He called them “profit capture zones”—specific price levels where institutions were forced to cover or take profit. Most retail traders bought breakouts. Vervoort taught Martin to sell them.
The next morning, the jobs report came in hot. Tech sold off violently. Within two weeks, NVDA was trading at $452.
One night, desperate, he opened Vervoort’s book. It wasn’t about predicting the future. It was about trapping the present.
One evening, watching the S&P 500 hover at an all-time high, Martin’s new system triggered a on SPY. The stochastic had diverged bearishly for three weeks. Volume was drying up.
For the first time, Martin wasn’t riding the emotional rollercoaster. He was standing on the platform, calmly pulling the lever.