What is showing up in scans today

A period of range contraction in established trend is followed by range expansion. The range expansion often is followed by 3 to 5 days of follow through in the direction of range expansion.

To find these range expansion you can run any basic range expansion scan and you will have many candidates to swing trade on daily basis. Another way to do that is to identify range contraction zones in established trend. Then anticipate a range expansion and enter in anticipation or just as it is having a breakout.

I use a combination of both approach to find swing trades.

Let us look at RAIL which is showing up in swing trading scans today. It had a range and volume expansion today.

As you can see it ended up 5% today and prior to today had orderly 10 days consolidation. These are the kind of setups I look for both anticipation and breakout buy.

If you look at RAIL as of yesterday it was setting up for a range expansion. To find these kind of anticipation setups you can use the process I detailed some days ago. RAIL is thinly traded stock and has low float. That kind of stocks tend to make explosive moves.

Like RAIL you will find around 20setups today showing up in scans.

KANG
MKTX
TSRO
AMPH
ISIS
KERX
RAIL
OFIX
TNXP
ACAD
RGP
NDAQ
SCLN
CSTE
OSUR
RTIX
TCPC
WRES
AXAS
CPRX
HRG
TXN (short setup )

These kind of setups are bread and butter strategy for swing traders like me and many others. They offer steady stream of opportunities on regular basis to capture 3 to 5 days move.

To trade these kind of moves you need to be well set to find and exploit them. If you are serious about making money trading these kind of moves setting daily process for finding these kind of moves is first step.

Best site to learn to trade

If you are serious about your trading and want to build an enduring edge, the Stockbee Member site might help you.

Members tell me they have tried a lot of things before coming to my site, and it has offered them the most extensive and detailed methods to swing and position trade. Members range from very experienced traders to novices.

No advertising, no hard marketing, no promotions, no free offers, no affiliate marketing, no incentive to other bloggers to promote the site, no constant tweets self-promoting the site, and no tall claims. Every member comes through word-of-mouth recommendations from existing members.

As a member, you will learn the basics of swing trading, momentum investing, growth investing, and risk management. You will learn about Stockbee Momentum Burst breakouts, Stockbee Trend Intensity Breakouts, Stockbee Episodic Pivots Breakouts, Stockbee Lemonade Strategy for 401k, and many other member-shared methods.

You will learn how to set up your own scans, how to select the right kind of stocks, how to set up stops, when to enter, when to exit, how much to risk, how to track your trades, and all other details about trading.

You will learn about developing your own methods and not relying on others for trade ideas. Develop your own edge. Once you develop your own method, you will have a lifelong profitable method.

The site gives you an opportunity to interact with some of the most successful traders and learn from them about their trading methods. It is a vibrant community with members from different backgrounds and experiences willing to help each other. Members have shared their methods, scans, software, backtests, and market insights.

Every day, the emphasis is on continuous learning and upgrading of market knowledge and setup knowledge. The members range from hedge fund employees, financial advisers, active swing traders, investors, and new traders.

You will see that many trading bloggers have been using my market timing methods, scans, and chart templates. They have developed their own methods based on my methods.

Almost every member comes through a recommendation of some of the leading trading bloggers and trading sites. 80% or more members continue to be members for more than 3 years. Most tell me that they stay on because every day they learn so much from the members' site.

If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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