jrbikes
624 posts
msg #60886
- Ignore jrbikes
modified |
3/30/2008 11:23:29 AM
Dear Mike!
Jrbikes here, this is a scan I went back and looked at, I have refined these so many times that I get confuse, (my nature) when you ask for a filter to define the breakout, there is really not one that will put you right at the break, well there may be but I cant find it, I believe these stocks that run up like this run is 3 cycles 20 day, 40 day, and 60 days, thats just my observation, the key is the Resistance points, I really like Bigcharts interactive charts, they are more linear than SF charts, gives a better feel for these penny swing trades, anyway, try this!
You will have to scan through the charts to get a feel for the ones you want, thats what I have to do, for now, that will change, I am working on something for these stocks!
change this to 40 days and then 60 days, you will see the runners on there, like I said the key is the resistance points, this is just my opinion and as you know, its not much! good luck, if you find some, share with me, I have put about 15 on a watch list, if you want it I can post it! these are the only type of trades I am focusing on, like they say, pick one strategy and try to master that, its the only one that fits my personality, man I cant daytrade, good luck, any feedback appreciated
oh yeah, I forgot, I usually do these in 10 cent increments, I just put .01 to 1 for the heck of it, .01 to .50 usually works better, sorry!
|