There is no secret in my trading strategy. Without using complicated formulas to create lagging indicators,
I am better off using the only real time leading indicators, Price and Volume only.
By classifying a stock into CLASS A (stock without know resistance on the left), CLASS B (stock with
multiple resistances on the left), CLASS C (stock that is moving down with lower peaks)
By classifying a stock into 4 Stages, Stage 1 - Accummulation, Stage 2 - Advancing, Stage 3 - Distribution,
Stage 4 - Declining.
My favourite long trade setup: CLASS A + Stage 2.
My favourite short trade setup: CLASS C + Stage 4.
Long trade always happens in the BUY ZONE (1/4) and Potential Profit Taking is in SELL ZONE (4/4)
When go long, make sure that the channel is pointing up and the angle of ascending is at least 45% above,
the steeper the slope, the more aggressive is the Market to move the price higher. Likewise do the
opposite for Short trade.
There is no certainty in trading, we are dealing with probability, as such remember to plan CUT LOSS.
