SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Threei who wrote (17331)6/20/2005 8:54:52 AM
From: Ken Adams  Read Replies (2) of 18137
 
I've had some fair success with a scan that finds 3-5 day reversals from recent highs or lows. The reversal from recent highs gives better results than the opposite, suggesting the market may be more bullish than bearish (I guess).

I also run a scan that finds 52 week highs. I then watch that list for reversals back to a MA, or a trend line. Takes more work, but seems to be worth the effort.

Still seems pretty experimental, which leaves me unimpressed. I don't have an approach that seems to work "most of the time". Does anyone?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext