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Trading Scans | The Foundation for Winning Trades

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Additional scans below the video.

A quick note about the scans. Have some fun combining them to find even greater opportunities such as a bullish momentum trade combined with double normal volume = a potential capitulation signaling the end of recent momentum (and a place to book profits) or an explosion out of a consolidation (that leads to an all-new trend!)

Scan Criteria:

Bullish Trends: Performance "month Up" + 20 day simple moving average "price above SMA 20" + price "over $20" + 50 day simple moving average "price above SMA 50" +  200 day simple moving average "price above SMA 200" + Industry "stocks only" + Average true range "over 1.5" + Average volume " Over 2 million"

Bearish Stocks: Performance "month down" + 20 day simple moving average "price below SMA 20" + price "over $20" + 50 day simple moving average "price below SMA 50" + 200 day simple moving average "price below SMA 200" + Industry "stocks only" + Average true range "over 1.5" + Average volume " Over 2 million"

Double Normal Volume: Price "over $10" + Average True Range "over 1.5" + Average volume " over 2M" + Relative volume "over 2" + Industry "stocks"

Short-term bullish momentum: Performance " Month up" + Price "over $10" + Performance 2 " Week up" + Average true range "over 1.5" + Average volume "Over 2M" + Industry "stocks" + Change from open " up 2%"

Short-term bearish momentum: Performance " Month down" + Price "over $10" + Performance 2 " Week down" + Average true range "over 1.5" + Average volume "Over 2M" + Industry "stocks" + Change from open " down 2%"

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1 comment
Tarleton says November 6, 2017

what was the blog post from last week (part 1)?

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