SureTrader SureTrader
Home > Boards > Stock Clubs > Technical Analysis >

TRADING ART HILL

RSS Feed
      Hide Sticky   Hide Intro
Moderator: TREND1 Assistants:
Search This Board:
Last Post: 12/6/2016 12:04:28 PM - Followers: 5 - Board type: Premium - Posts Today: 0
TRADING ART HILL

By Arthur Hill Fri, Jun 19 2015 12:48 PM ET


IWM STRATEGY FOLLOW UP... Today I am going to step back and focus a little on strategy. The first part will show a basic chart strategy to identify the bigger trend and find pullbacks within this chart.

Chart 1 shows the Russell 2000 iShares (IWM) with a strategy I showed on May 15th. This strategy is built on the premise that pullbacks within an uptrend create opportunities. One of these pullbacks will evolve into a bigger decline and the uptrend will reverse at some point, but this strategy seeks to partake in the current trend, not the future trend, whatever that may be. As with all strategies, it is certainly not fool proof and will have its share of losers. .

This single security strategy has three parts.

First, the long-term trend is up when the Percentage Price Oscillator (25,125,1) is positive. This means the 25-day EMA is above the 125-day EMA.

Second, there is a short-term correction when 10-period RSI moves below 40. This is the pullback within the uptrend.

Third, StochRSI surges above .95 to signal an upthrust. This indicates that the correction is ending and the uptrend is resuming. IWM triggered a bullish signal on May 14th and the early May low marked first support. I am raising support as IWM continues higher and will now mark support at 123.50.




 
PostSubject
#148   12/6/16 TREND1 12/06/16 12:04:27 PM
#147   12/5/16 TREND1 12/05/16 10:39:07 AM
#146   12/2/16 TREND1 12/02/16 11:36:48 AM
#145   12/1/16 ADJUSTING RSI FOR TREND TREND1 12/01/16 10:00:38 AM
#144   11/29/16 SUPPORT TREND1 11/29/16 10:53:14 AM
#143   11/28/16 SUPPORT TREND1 11/28/16 10:34:44 AM
#142   11/22/16 BREADTH TREND1 11/22/16 09:40:05 AM
#141   11/21/16 XLK TREND1 11/21/16 11:28:58 AM
#140   11/21/16 OIL TREND1 11/21/16 08:39:54 AM
#139   11/18/16 TREND1 11/18/16 10:30:06 AM
#138   11/17/16 PULL BACKS SCAN TREND1 11/17/16 10:47:20 AM
#137   11/16/16 TREND1 11/16/16 10:57:43 AM
#136   11/15/16 TREND1 11/15/16 09:54:18 AM
#135   11/11/16 TREND1 11/11/16 12:08:55 PM
#134   11/10/16 IWM SECTOR SUMMARY TREND1 11/10/16 09:53:52 AM
#133   11/9/16 STEEL TREND1 11/09/16 11:22:21 AM
#132   11/9/16 TREND1 11/09/16 10:13:52 AM
#131   11/8/16 RSI AS TREND TREND1 11/08/16 09:34:17 AM
#130   11/7/16 VIX TREND1 11/07/16 09:55:17 AM
#129   11/5/16 USING MA'S TREND1 11/05/16 09:55:49 AM
#128   11/3/16 VERY GOOD TREND1 11/03/16 11:42:02 AM
#127   11/01/16 TREND1 11/01/16 11:08:43 AM
#126   10/31/16 TREND1 10/31/16 10:58:34 AM
#125   10/28/16 TREND1 10/28/16 12:34:13 PM
#124   10/27/16 TREND1 10/27/16 10:06:00 AM
#123   10/24/16 TREND1 10/24/16 11:21:35 AM
#122   10/21/16 TREND1 10/21/16 12:34:01 PM
#121   10/20/16 TREND1 10/20/16 11:58:38 AM
#120   10/18/16 TREND1 10/18/16 12:17:02 PM
#119   10/8/2016 ***** TREND1 10/08/16 12:44:22 PM
#118   10/6/26 TREND1 10/06/16 11:10:01 AM
#117   10/4/16 TREND1 10/04/16 10:24:07 AM
#116   10/3/16 TREND1 10/03/16 09:41:08 AM
#115   9/30/16 TREND1 09/30/16 10:24:29 AM
#114   9/29/16 TREND1 09/29/16 12:35:58 PM
#113   9/28/16 TREND1 09/28/16 12:10:33 PM
#112   9/26/16 TREND1 09/26/16 11:56:46 AM
#111   9/22/16 TREND1 09/22/16 02:49:42 PM
#110   9/16/16 TREND1 09/16/16 05:36:39 PM
#109   9/15/16 TREND1 09/15/16 11:55:12 AM
#108   9/13/16 TREND1 09/13/16 03:09:10 PM
#107   9/12/16 TREND1 09/12/16 11:16:46 AM
#106   9/11/16 TREND1 09/11/16 02:06:27 PM
#105   9/9/16 TREND1 09/11/16 12:27:49 PM
#104   TAYLOR PART 1 TREND1 09/10/16 06:57:35 PM
#103   3 DAY PART 2 TREND1 09/10/16 06:38:08 PM
#101   9/9/16 TREND1 09/09/16 11:28:52 AM
#100   9/8/17 TREND1 09/08/16 10:49:20 AM
#99   9/7/16 TREND1 09/07/16 11:27:57 AM
#98   9/6/16 TREND1 09/06/16 12:40:39 PM
PostSubject