3 Holy Grail Trades

The Holy Grail trading strategy finds pullbacks in trending markets for swing trades.

Learn more: Holy Grail Trading Setup

1. Holy Grail Trade on WMB Daily

The Williams Companies (WMB) just broke out of a trading range and is presenting a long Holy Grail trade.

1. ADX is above 30 and has risen.
2. Price confirms the trend with the strong bullish thrust.
3. The pullback to the 20-period moving average is also testing the previous swing high.

2. Holy Grail Trade on M Daily

Macy’s on NYSE (M) shows a long Holy Grail trading setup in an upwards trend with bull gaps.

1. ADX rose above 30 to signal a strong trend.
2. This gap broke out of the previous swing high and  hinted at bullish pressure after the long sideways movement.
3. The current pullback to the moving average is also testing the gap which could serve as support.

3. Holy Grail Trade on AGN Daily

Allergan (AGN) is in a clear upwards trend. The current pullback offers a long Holy Grail trading opportunity.

1. ADX is above 30 and has risen. This is a requisite of the Holy Grail strategy.
2. Price is clearly trending up and confirms what the ADX is saying.
3. Price is testing the moving average and a major pivot point (black line, originating pivot point not shown). AGN has broken out of the major pivot earlier, and the resistance might have flipped into support.