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…
Plain-English guides to technical indicators, settings, chart behavior, and practical trading rules for trend following and breakout strategies.
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…
Trend signals work best between roughly one hour and one year. Outside that window, markets revert. Here is how to set lookback boundaries with evidence.
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,…