| StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets | << 1 ... 2 3 4 5 6 ... 11 >>Post Follow-up |
| volvlov 32 posts msg #148508 - Ignore volvlov |
7/13/2019 9:44:37 PM I am going to watch this one closely next week.  |
| Mactheriverrat 3,178 posts msg #148509 - Ignore Mactheriverrat |
7/13/2019 10:00:21 PM WW has a history of being explosive past on a weekly basis. |
| lemmy 13 posts msg #148510 - Ignore lemmy |
7/14/2019 9:16:59 AM Stan Weinstein's book was the first book I'd ever bought about trading and/or technical analysis, and it is still my favorite. I consider it a "must have" in one's trading library. |
| ron22 255 posts msg #148512 - Ignore ron22 |
7/14/2019 11:14:36 AM davesaint86, Chartmill is a great site. I just joined. Your filter gives 96 matches. How do you narrow it down to 10-20 for a watchlist? Also, what do you use for entry and exit triggers? Thank you for your input. |
| davesaint86 726 posts msg #148513 - Ignore davesaint86 modified |
7/14/2019 1:39:43 PM Just my opinion - 1. Make sure the overall US Market is in an uptrend 2. Only buy stocks where the relative strength is greater than the S&P 500. Also, is the sector that this stock in breaking out of stronger than the S&P 500? Plot out the support and resistance levels on the monthly and weekly charts. Use two different colors (between monthly and weekly) 3. Then - buy stocks coming out of a consolidation basing pattern where price is over the 30 week moving average (First check the monthly chart - make sure an upward trend has started? 4. If you can buy stocks where there is not a lot of overhead resistance nor no resistance close by - you want to buy stocks that have the highest probability of making the biggest gains 5. Sell when the stock closes below the 30 Week moving average Here is an example of GLD (Monthly Chart). I'm showing this monthly chart instead of the weekly chart because it shows the big picture. The weekly would have triggered a sell signal earlier. https://www.tradingview.com/x/LM5TDZEW/ |
| ron22 255 posts msg #148514 - Ignore ron22 |
7/14/2019 2:16:24 PM davesaint86, Thank you for your thorough and detailed reply. Members should consider applying criteria 1,2 & 4 to all of their filters. |
| Mactheriverrat 3,178 posts msg #148517 - Ignore Mactheriverrat modified |
7/14/2019 7:46:58 PM Great monthly davesaint86 The weekly
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| davesaint86 726 posts msg #148519 - Ignore davesaint86 |
7/14/2019 8:12:14 PM Thank you very much Mac! |
| davesaint86 726 posts msg #148520 - Ignore davesaint86 modified |
7/14/2019 8:37:45 PM https://www.tradingview.com/x/LXbEAF5r/ Put in your watchlist for the future. Might be able to eventually get a 100% two year run like you see between the two red vertical lines. Monthly - Plenty of resistance going up. One can still make money though. https://www.tradingview.com/x/Dj8jRpUi/ |
| nibor100 1,103 posts msg #148575 - Ignore nibor100 |
7/18/2019 3:28:09 PM The used copy of the book finally arrived in this afternoon's mail and inside the front cover was an inscription made out to Ed signed by Stan Weinstein back in 1992. Who knows, the book may already worth the $5.50 I paid for it! The reading/analysis begins.... Ed S. |
| StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets | << 1 ... 2 3 4 5 6 ... 11 >>Post Follow-up |