Tuesday, January 12, 2010

Day Trades - Trade-Ideas Scanner

Two trades using the Trade-Ideas Scanner - ETN and ECL. CAT, an HCPG pick from last week also printed but I missed the entry.

  • Min. price $20.00;
  • Min. daily volume 750,000
  • Min. up days 1
  • Min. volatility $0.05
  • Min. up from the close $0.50
Look for stocks with multiple prints on the scanner. Wait for consolidation. Make sure they meet user defined setup requirements.

Also traded CMI on Friday and FAS on Thursday.

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