Blue Line Buy Signals - Show Me The Money

Glenn Sperry Rank: 56 Followers: 9 Votes: 13 Years Member: 0 Last Update: 11 December 2017, 20:48 Categories: Chart Patterns
Support / Resistance Lines

Buy on the BLUE line, stop on the RED line. New charts are near the bottom of the list.

Simple trading signals with predetermined sell stop price. I document good and bad trades to learn better trading methods.

I buy when price is at support level AND stochastic is over sold. Short term trade exit when stochastic is overbought AND price is at a supply level. Long term trade exit when price is below SMA depending on market conditions.

1 out of 4 trades will probably fail so I try to keep per trade loss to 0.5% to 1% or less of the account size. Stop is set below where the price has a high probability to reverse direction.

Example: Loss limit $500 (0.5% of 100k): If stop is $0.80 below buy price, $500 / $0.80 = 625 shares. Buy 600 shares or less. If the stock sells at the stop price, the loss is < $500.

Less

20170822 Align Technology, Inc. (ALGN)

20170829 TopBuild Corp. (BLD)

20170925 Consolidated Edison, Inc. (ED)

20170925 Vectren (VVC)

20170927 Rush Enterprises Inc. (RUSHA)

20170928 Microsoft Corp. (MSFT)

20170928 Monster Beverage Corp. (MNST)

20170928 Smith and Nephew PLC (SNN)

20170928 Visa Inc. (V)

20171002 Columbia Emerging Markets Consumer ETF (ECON)

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