How to use the $ Breakout scan to make lots of dollars
August 25, 2015
How to use a simple Telechart scan to find 3 to 20 dollars moves for intraday trades or swing trades.
c-o>=.90 or o-c>=.90 and v>=100000
Where
c closing price today
o open price today
v volume today
Column used for sorting c-o
Works best on high priced stocks.
Once you understand how to use it , you can find 3 to 20 dollar moves in a day or week.
If you are serious about making money swing trading you can use simple scans to find low risk trades.
How I convert this dollars breakout to Indian rupees market please help
ReplyDeleteI do not trade Indian market
ReplyDeleteat what price, you think the $ breakout starts working? reason I am asking is you state it works better for high priced stocks ?
ReplyDelete