Relative Strength Line: The Leading Breakout Filter
Two stocks break out to a new 52-week high on the same morning. Same chart pattern, same volume surge, same clean handle. Six weeks later one has added 40 percent…
Two stocks break out to a new 52-week high on the same morning. Same chart pattern, same volume surge, same clean handle. Six weeks later one has added 40 percent…
A few months back I sat on a chart that had not moved in fourteen weeks. Wide range, dull tape, volume pulsing on the up-days and fading on the down-days.…
The CANSLIM trading system is William O'Neil's seven-part screen for catching a growth stock before its biggest advance, and the acronym names the seven tests in order: C for current…
A trader sees a tight base break on the daily chart at 47.20. Volume is heavy. The candle closes near the high. They buy the breakout, get filled, and watch…
You hand a swing system fourteen years of daily bars, sweep eight parameter knobs, and the equity curve climbs at a 38 degree slope with a 1.92 Sharpe and a…
Most losing trades I review have nothing wrong with the entry pattern. The flag was clean, the volume looked decent, the stop was in a sensible place. The problem sits…
I look back at one of my own ledgers and the pattern is always the same. Eight months of small losses and tiny scratches, the equity curve flat enough to…
A trader buys near-the-money call options two days before an earnings report. The stock prints, moves 1.4% in the right direction, and the calls still close down 22%. The chart…
The bell rings at 9:30. A stock I have been watching gaps up 3.4% on a clean earnings beat, prints 86.20 in the first minute, fades to 84.10 by 9:45,…
A swing trader risks 2% of a $50,000 account on every trade. The rule has held since the first month of the journal. Then the VIX prints 38 on a…