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Learning how 3SOF identifies trades

Started by Waschbaer, October 02, 2005, 05:50:31 PM

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Waschbaer

Someone on this board recently asked how to scan for breakouts. This is an answer. I'm posting it separately because it might be of interest to all.

All of the buys below were taken from the "closed trades" list here at 3 stocks on fire. All of them were preceded by a set-up consisting of 4 elements on the day before the trade:

1. ADX rising
2. close > BB(20)
3. range expansion
4. volume spike

GOLD   15.55   19-09-2005
CDE   4.30   19-09-2005
SYNC   3.99   01-09-2005
DROOY   1.5   16-09-2005
HOM   2.97   01-09-2005
RITA   3.91   26-07-2005
SNUS   5   01-09-2005
NWRE   15   06-09-2005
SMTX   2.95   29-08-2005
BTUI   8   24-08-2005
MSPD   1.83   17-08-2005
PETS   10.52   02-08-2005
NT   3   09-08-2005
DNDN   5.63   22-06-2005
SSTI   5.19   26-07-2005
ELN   7.8   19-07-2005
BCON   1.8   02-08-2005
GW   8.03   25-07-2005
WPTE   22.97   11-07-2005
DESC   6.05   26-07-2005
VSR   5.3   11-07-2005
DSTI   16.35   12-07-2005
GERN   10.65   19-07-2005
VPHM   9.38   11-07-2005
DCEL   5.26   12-07-2005
UPCS   8   22-06-2005
DHB   9.35   23-06-2005
TZOO   37   15-06-2005
GLGS   1.85   20-06-2005
DPH   4.52   20-05-2005
LEXR    5.6       08-06-2005         
VPHM   6.05     08-06-2005         
XOMA   2      13-06-2005         
FLYI     0.97       13-06-2005         
ECST    5.25      07-06-2005         
IIJI       6.42      31-05-2005         
OPWV   16.8    03-06-2005
GEMS   2.80   11-05-2005
TWTC   5.04   11-05-2005
SWB   3.15   10-05-2005
SVVS   0.64   26-05-2005
CNU   3.05   05-05-2005
MANU   2.01   03-05-2005
AMR   12.09   19-05-2005

(my apologies for repeating information from "stock picking," but this method applies to "the market" in general is not specific to any particular stock)

Good luck!