StockFetcher Forums · General Discussion · CONSISTENTLY.........<< >>Post Follow-up
UNITED
81 posts
msg #40170
Ignore UNITED
1/11/2006 8:46:16 PM

WHAT SWING TRADE PATTERNS WORK MOST CONSISTENTLY??? HOW DO YOU SCAN FOR THEM???


nikoschopen
2,824 posts
msg #40192
Ignore nikoschopen
1/12/2006 2:35:08 PM

Only thing that has been consistent in the annals (read: anus) of trading is that ure too damn greedy & too damn fearful! Your success depends on those two factors.


yepher
353 posts
msg #40222
Ignore yepher
1/12/2006 11:37:59 PM

Sorry, I don't have the holy grail but,

I personally find a lot of value in triangles. I like them because I can usually get a fairly predictable entry while volatiltiy is low. Also I tend to get fairly predictable exit price where I can set my limit sell well in advance. They also give a pretty good sense when the trade is going against me. I originally fell in love with triangles while doing intra-day trading. Every hour or so I would scan for the biggest movers and than manually watch for ones that are changing to a triangle pattern and catch it on it's next big jump. An example of a good triangle is TIVO. It had a very predictable entry of $5.10. A drop much below 5.10 would make me exact and move on.

Here is one possible way to scan for a triangle:

Fetcher[
pattern is symmetric triangle
volume above 1000000
]



I use Bollinger bands a lot too. So when I am looking for Bollinger width getting fairly low that tends to turn up a lot of good triangles too.

You can look here for some other patterns you could scan for:
http://yepher.com/stockfetcher/command.html

I am sure you can find plenty of people who will have a contrary opinion. But this is what works for me.

Hope that helps,
-- Yepher




UNITED
81 posts
msg #40229
Ignore UNITED
1/13/2006 10:33:50 AM

Thanks for your help,Mike.......


StockFetcher Forums · General Discussion · CONSISTENTLY.........<< >>Post Follow-up

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