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.

Settings:
  • 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.

No comments: