mdl060374
94 posts
msg #66089
- Ignore mdl060374
modified |
8/11/2008 5:15:58 PM
I am just throwing this out there, as it was an idea that I stumbled across...
Would there be anyway for SF to find stocks that habitually make healthy GRADUAL moves from open to close, when they DO move...
In other words, I am looking (ideally) to find stocks that do trend often, yet dont just do so erractically, without rhyme or reason..
So often, you see the "BIG day rangers" move, but chop so erractially the trend isnt very tradable (for me at least, since I like to trade liquid issues based on pivots and S/R.)
Any thoughts on this?
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WALLSTREETGENIUS
983 posts
msg #66093
- Ignore WALLSTREETGENIUS
modified |
8/11/2008 7:55:03 PM
When looking for "Day-Rangers", you want to see at least a +10 difference in price on high priced stocks, and a +3-5 on stocks 40 to 50 when glancing at a SF chart. When you see 50-60, or 70-80, etc...you know you've found the right stocks. These are stocks that can move $2 to $4 a day, on any given day.
Enjoy,
- WALLSTREETGENIUS -
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mdl060374
94 posts
msg #66107
- Ignore mdl060374 |
8/12/2008 10:41:04 AM
Thanks Riggs.
Will check it out.
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