New traders make the mistake of treating candlestick patterns as simple trading signals. They do not realize that most candlestick patterns are defined using the last two to three price bars and ignore the price action context. Hence, it is crucial to combine candlestick patterns with other methods of analysis. In this swing trading strategy, we […]
2 Stochastic Swing Trades
Kane’s %K Hook Day Trading Strategy is a dual time-frame trading method that uses the hourly and the 5-minute time-frame for day trading. We have adapted it for swing trading by observing the weekly chart for trends and the daily chart for stochastic entries. 1. Stochastic Trade on IVZ Daily This chart shows the daily […]
Moving Momentum Trading Strategy
The Moving Momentum trading strategy comes from the ChartSchool at StockCharts.com, where you can find comprehensive information on most technical indicators. This strategy goes through a three-step process to find corrections in trends. Trading Rules – Moving Momentum Strategy Long Trading Strategy 20-period simple moving average (SMA) is above 150-period SMA Slow Stochastic (14,3) falls […]
Kane’s Stochastic %K Hooks Day Trading Strategy
In Day Trading Systems and Methods, Charles Lebeau, the pioneer of Chandelier exit, introduced this S&P day trading strategy from Steve Kane. It uses price action at a higher time-frame to find the trend. Then, it uses %K in the stochastic indicator to find a trade entry along with the trend. Trading Rules – Kane’s […]
