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 initially above […]
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 […]
Moving Average Channel Day Trade
This day trading setup by Jake Bernstein uses a moving average channel to figure out trend and key support and resistance levels. For our review, we will build a moving average channel with a 20-period SMA of highs and lows. (Read: Displaced Moving Average Channel Trading Strategy) Trading Rules – Moving Average Channel Day Trade Long Day […]
