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Strategies & Market Trends : Trading From Main Street.
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To: Brandon who started this subject5/6/2001 8:52:39 PM
From: Brandon  Read Replies (9) of 226
 
The Pullback Buy pattern is one of my favorites. It forms the basis for about 80% of my swingtrades on the long side, and a good number of trades I take intraday as well. The pullback buy setup occurs when, in the context of an overall uptrend, a stock shows lower highs and or lows over 3 to 8 bars. ( I like 3 to 5 best in most cases). When the pullback ends and a prior high is taken out, buying opportunities are presented for short term traders.

Brandon
teachmetotrade.com
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