Toby Crabel did some serious work on volatility patterns in price movement. The Inside Day/NR4 (ID/NR4) is one of the patterns he wrote in “Day Trading with Short Term Price Patterns and Opening Range Breakout“. An inside day is one with a lower high and higher low than the previous bar. NR4 is a bar with the narrowest […]
9/30 Trading Setup
9/30 trading setup is by Mike Bruns on Trading Naked (now defunct), a site with lots of trading wisdom. Highly recommended. In fact, TradingNaked inspired this collection of trade setups. Trading Rules – 9/30 Trading Setups This trading setup uses two moving averages: the 9-period exponential moving average (EMA) and the 30-period weighted moving average (WMA). […]
The Holy Grail Trading Setup
The Holy Grail is, of course, not the Holy Grail. Linda Bradford Raschke and Larry Connors named it so for its simplicity. As both of them are prominent traders, this trading strategy is hugely popular. ADX Lovers: Day Trading, Range Trading Trading Rules For The Holy Grail Rules For Long 14-period ADX is above 30 […]
Moving Average Fake-Out
Mark Fisher introduced the moving average fake-out trading setup in his book, “The Logical Trader“. This trading strategy uses moving averages to find false counter-trend moves (fake-outs). As Mark Fisher mentioned, you can use this concept to enter a trading position or a trading bias. The moving averages in this strategy do not use the […]
Three-Bar Inside Bar Pattern
Johnan Prathap introduced the three-bar inside bar pattern in the March 2012 issue of Technical Analysis of Stocks and Commodities. Essentially, this trading setup enhances the standard inside bar break-out trade by adding a trend context and a follow-through confirmation. Read more: Inside Bar Trap – Hikkake Trading Trading Rules For Three-Bar Inside Bar Long Trade […]
Candlestick Patterns With A Moving Average
Candlestick patterns have little value without the right trend context. Hence, a popular trading setup uses candlestick patterns with a moving average. The moving average provides a simple way to find the trend context. This review assumes a basic understanding of candlestick patterns. Look at the Encyclopedia of Candlestick Charts (Wiley Trading) by Thomas Bulkowski for a solid […]
