Thursday, September 22, 2005

Strategy Session: Get the Golden Goose

Here is a set-up that is not in our Proven Strategies or Samples section. Today we are showcasing a set-up sent to us from a subscriber:

The Strategy
"The Golden Goose" finds stocks that had been trading down but are making a confirmed move up. Confirmed is a quality defined as making new daily highs after closing down at least 3 days previously. Look at the configure window for how it was set up.

Who Could Benefit
Good for Swing Trading.

How It's Modeled
Look at the configuration window and click on the icon settings to see how it is set up.

Footnotes:
  • Configure this strategy for your own use here.
  • Link to other Strategy Sessions here.
  • Remember that these set-ups are sketches meant to give you an idea how to model your own trading plan. Use this 'as is' or modify it to your own liking as many others do. Know, however, that Trade-Ideas.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, alerts and all other features are for research purposes only and should not be construed as investment advice.

2 comments:

Anonymous said...

TI thank you for posting this strategy. I have been making some serious cash of of it cause I follow the elite thread that DT, one of your customers started. I have paid for several years worth of your service in a week....keep up the great work!

Anonymous said...

I think you guys should model the opposite so that you can see stocks that have been up and are coming off.